Numeric lands $51 million to expand its AI accounting platform
PositiveArtificial Intelligence

- Numeric, an artificial intelligence accounting automation platform startup, has raised $51 million in new funding to broaden its services from close management to a unified data platform for enterprise finance teams. Founded in 2020, Numeric aims to alleviate the burdens of manual accounting tasks.
- This funding round, led by IVP, brings Numeric's total funding to $89 million and highlights its growth trajectory, with notable clients including OpenAI and Brex. The investment will enable Numeric to enhance its platform and expand its market reach.
- The rise of AI-driven solutions in accounting and finance reflects a broader trend in the tech industry, where startups are increasingly focusing on automation and efficiency. This aligns with recent funding successes in the AI sector, indicating a growing investor confidence in technologies that streamline complex workflows and enhance operational capabilities.
— via World Pulse Now AI Editorial System







