Numeric

Numeric

Automates accounting tasks using AI, allowing accountants to focus on high-impact work and streamlining processes for private and public companies.

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round
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$28.0m

Series A
Total Funding000k
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Numeric.io is a dynamic startup that specializes in providing advanced financial close management solutions for enterprises. The company focuses on streamlining the month-end close process, making it faster, more accurate, and more efficient. Numeric.io serves a diverse range of clients, primarily targeting large enterprises, including those preparing for an Initial Public Offering (IPO).

Operating in the financial technology (fintech) market, Numeric.io offers a unified platform that integrates various features such as closing, reconciling, and analyzing financial data. The platform is designed to enhance collaboration, visibility, and control over financial processes. It automates complex tasks, ensuring that financial controls are in place and maintained, which helps companies stay audit-ready.

Numeric.io's business model is based on a Software-as-a-Service (SaaS) approach. Clients subscribe to the platform, paying a recurring fee for access to its features and services. This model provides a steady stream of revenue for the company while offering clients continuous updates and support.

The company makes money through subscription fees, which can vary based on the size of the enterprise and the specific features they need. By offering a scalable solution, Numeric.io can cater to both mid-sized companies and large corporations, providing tailored solutions that meet their unique financial close requirements.

In summary, Numeric.io is a fintech startup that offers a powerful, user-friendly platform for financial close management, targeting large enterprises and companies preparing for IPOs. It operates on a SaaS model, generating revenue through subscription fees, and aims to transform the way businesses handle their month-end close processes.

Keywords: financial close, fintech, SaaS, enterprises, IPO, automation, visibility, control, audit-ready, efficiency.

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