Numeric, a leading financial data platform, recently announced the successful completion of a $28 million Series A funding round led by Menlo Ventures. This significant milestone comes on the heels of impressive growth, including a 4x revenue increase and the acquisition of notable customers.
Enhancing Financial Data Platform
Revolutionizing Accounting Workflows
The primary goal of Numeric is to revolutionize accounting workflows by offering real-time decision-making capabilities that cater to the evolving needs of the industry. By providing a unified financial data fabric, Numeric aims to streamline operations and empower businesses to make informed decisions efficiently.
Addressing Industry Needs
Utilizing AI-Based Automation
Numeric's innovative platform leverages AI-based automation to eliminate manual and repetitive tasks, significantly enhancing efficiency and accuracy in the accounting sector. This cutting-edge technology enables professionals to focus on strategic tasks while the system takes care of routine processes.
Empowering Decision-Making
In today's fast-paced business environment, the ability to access accurate and timely financial data is crucial for informed decision-making. Numeric's platform equips organizations with the tools they need to stay agile and competitive in a rapidly changing landscape.
Optimizing Efficiency
With the new funding in place, Numeric is poised to expand its capabilities further and cater to the growing demands of the market. The company's commitment to innovation and excellence positions it as a key player in the digital transformation of accounting practices.
Driving Industry Innovation
As Numeric continues to push boundaries and set new standards in the industry, their latest funding round solidifies their position as a disruptor in the financial data space. With a focus on delivering value-driven solutions, Numeric is set to reshape the future of accounting workflows and empower businesses worldwide.
Ensuring Future Success