Startup
Numeric
AI-native close management that sits on top of the ERP, automating reconciliations, journal entries and flux analysis for finance teams at fast-growing and public companies.
| Founded | 2020, San Francisco; offices in New York and London |
|---|---|
| Founders | Parker Gilbert (CEO), Andrew Bihl (CTO), Anthony Alvernaz |
| Stage | Series B |
| Total funding | $89m across three rounds: seed $10m (May 2024), Series A $28m (October 2024), Series B $51m (November 2025) |
| Last round | Series B, $51m, November 2025, led by IVP with Menlo Ventures, Founders Fund, Alkeon and 8VC; the former CEO of BlackLine and former CFO of NetSuite invested |
| What it does | Close checklists, reconciliations, transaction matching, journal entry automation, flux commentary and technical accounting research, connected to NetSuite, Sage Intacct, QuickBooks and others; also billing, revenue recognition and cash management, and a full ERP replacement sold as its Financial Data Platform |
| Traction | Used by finance teams at high-growth technology companies; product expanding from close into a broader finance platform |
| Pricing | Not published; priced on transaction volume, seats and business context |
| Markets | US and EMEA; offices in San Francisco, New York and London |
| Peers | FloQast, BlackLine, Maxima, Stacks AI, Nominal |
Funding
- Announced rounds
- US$89m in three rounds
- Latest round
- Series B, US$51m, November 2025, led by IVP
Why it matters
Numeric has raised $89 million, including a $51 million Series B in late 2025 with backing from the people who ran BlackLine and NetSuite’s finances. It is the leading AI-native challenger to BlackLine and FloQast in close management.
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