Numeric Secures $51M In Series B Round

The funding will support expansion into a unified data platform for enterprise finance teams, bringing total funding to $89M.

Operating across San Francisco, New York, and London, Numeric helps enterprise accounting teams cut manual work by automating data workflows with scalable, AI-driven tools.

Its newly launched cash management product tackles one of the most time-consuming steps in the financial close cash matching achieving a 90%+ auto-match rate and saving days of manual effort for early adopters like Brex, Public.com, and Clipboard Health.

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Numeric CEO Parker Gilbert said, “We started by solving the close, but our vision has always been greater,” said Gilbert. “Each product we build makes the others more powerful. We are marching toward a future where accounting isn’t manual spreadsheet work but instead is a real-time strategic function. This funding accelerates that timeline significantly.”

IVP general partner Ajay Vashee said, “Numeric has consistently demonstrated exceptional product execution and deep understanding of what finance teams actually need,” said Ajay Vashee, General Partner at IVP. “Their ability to expand from close management into analytics and now cash management, while maintaining product excellence across each, shows they’re building something truly differentiated. We’re excited to support their vision for the future of accounting.”

Founded in 2020 by Anthony Alvernaz, Parker Gilbert, and Andrew Bihl, Numeric is an AI-driven accounting automation platform. Its core products, Close Management and Analytics, streamline accountants’ workflows by reducing manual tasks. The company has also introduced a cash management product, already adopted by early customers including Brex, Public.com, and Clipboard Health.