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Exclusive: Numeric grabs $28M Series A to automate accounting using AI

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Summary
Nutrition label

82% Informative

Numeric is an accounting software that automates certain parts of the book-closing process.

The company has raised a $28 million Series A led by Menlo Ventures , with participation from new investors IVP and Socii .

Numeric 's revenue has increased four-fold in the last year , and investors are suddenly flocking to back the company.

VR Score

86

Informative language

87

Neutral language

70

Article tone

semi-formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

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