We know that the old way of accounting can be tedious. We’ve lived it.

After joining as the first accounting and finance hire at a venture backed start-up, I was thrown into managing our first audit and building out accounting infrastructure.

And it was frustrating. Exporting trial balances. Hours of manual data entry. Scrambling to pull together everything auditors needed.

Tools on the market were either:
A) powerful but took months to implement or
B) easy to implement but fell short of making real impact.

Numeric was founded to build the software that I wanted managing accounting & finance at a high-growth company.

Software with integrations deep enough that you can click into every transaction-line in your ERP, that incorporates AI to reduce manual work, and that looks and feels modern.

All of which are possible not by simply tacking on quick fixes to accounting workflows, but by taking a first-principles approach to how accounting should be done in 2024.

Founded 3 years ago and with hundreds of companies onboard, we’re laser-focused on building the future of accounting — ultimately, helping companies make better business decisions with accurate, timely financial data. And we’re starting with the month-end close.

Parker Gilbert, CEO & Co-Founder

Built by startup veterans and backed by top-tier investors

Our experienced team comes from building best-in-class data and productivity companies, including Palantir, Segment, Asana, and Blackrock.
carta logoBlackRock logopilot logoBrex logoTwilio segment logo
Photo of Numeric's empoyeePhoto of Numeric's empoyeePhoto of Numeric's empoyeeNumeric offsite team photoPhoto of Numeric's empoyee
Parker Gilbert
Parker Gilbert
CEO & Co-Founder
San Francisco
Anthony Alvernaz
Anthony Alvernaz
CPO & Co-Founder
San Francisco
Andrew Bihl
Andrew Bihl
CTO & Co-Founder
San Francisco
We are backed by Founders Fund, Long Journey Ventures, 8VC, Friends & Family Capital, and the founders of Palantir, Segment, Ramp, Candid, Redesign Health, Better.com, Hearth, and many more.
Founders FundFriends & Family Capital logo8VC logoIVP logoLong Journey VenturesFifth Down Capital logo

Our values

Trust & Autonomy

We are a small team with big ambitions. Speed is our advantage and we maximize it by equipping everyone with the knowledge, tools, and support to make important decisions and take ownership of their work.

As a result, we get a lot more done than people expect us to.

Continuous Improvement

We care deeply about shortening the time to value for what we build and move quickly to release product and features.

How we hire reflects this value as well.
A little bit of slope makes up for a lot of y-intercept.

Curiosity

Finance and accounting systems need a first-principled rethink. The ways in which we differentiate our product, company, and culture will be defined by our ability to challenge conventions and consistently embody a learning mindset.

All team members engage with our customers and take an active role in identifying opportunities to define solutions & improve our product.

Written Communication

We emphasize strong documentation and a scientific approach to evaluating and addressing problems. We believe a culture of writing promotes systematic thinking, creates shared institutional knowledge, and drives alignment of plans & priorities.

How We Build

October 10, 2024
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4
Min Read

Numeric raises $28M to build the next-gen financial data platform

Numeric has raised a $28 million Series A round led by Menlo Ventures, with participation from new investors IVP and Socii Capital, and existing investors Founders Fund, 8VC, Long Journey, Friends & Family Capital, Access Industries, and more.
Parker Gilbert
Company News & Perspectives
All Articles
May 7, 2024
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4
Min Read

Numeric Raises $10M to Transform Accounting with AI

We're excited to share we've raised $10 million in funding from leading investors.
Parker Gilbert
All Articles
Featured Articles
Company News & Perspectives
Title image on making the transition from a Controller role to a Solutions Lead role at Numeric
March 26, 2024
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6
Min Read

Making the Leap From Controller to Solutions Consultant: Predictable to Flexible

I spent over a decade in Controller and accounting advisory roles. Then, I made the leap to join Numeric as a Solutions Lead. Here's what I've learned.
Connor Foran
All Articles
Company News & Perspectives
February 7, 2024
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4
Min Read

Our Engineering Tool Stack as an Early-stage Startup

In building our tech stack, where possible we've optimized for tools that keep infrastructure simple and empower individuals to solve their own problems.
Andrew Bihl
Engineering
All Articles
Let Them Churn: Why we embraced month-to-month subscriptions when starting Numeric
January 11, 2024
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5
Min Read

Let them churn: Why we embraced month-to-month subscriptions when starting Numeric

Standard practice is starting with annual subscriptions, steady and repeatable revenue. We suggest the opposite.
Parker Gilbert
Company News & Perspectives
All Articles
Cover image of blog on things to avoid building as an early stage start-up
January 10, 2024
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5
Min Read

Things to Avoid Building as an Early Startup

Our velocity early on was driven substantially by the things we did not do. Here's what we recommend explicitly not building.
Andrew Bihl
Engineering
All Articles
January 3, 2024
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3
Min Read

Numeric is #1 for Fast Implementation & Best Estimated ROI

Numeric ranks first for best estimated ROI in the close management space and won the fastest implementation in the mid-market category award from G2.
Tierney Pretzer
Company News & Perspectives
Featured Articles
All Articles
November 15, 2023
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2
Min Read

An 80/20 Rule for Product Development

We believe that for every product goal, there's a solution that achieves 80% of the value with 20% of the effort— we outline how we've aligned our team around this philosophy of product development.
Andrew Bihl
Engineering
All Articles
November 9, 2022
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2
Min Read

Velocity is now Numeric!

Velocity has changed its name to Numeric
Parker Gilbert
Company News & Perspectives
All Articles

Close fast & with confidence

AI-assisted. Operationally efficient. Audit ready.