Numeric

United States · Information Technology & Services

Numeric is a San Francisco-based startup that offers AI-driven accounting software designed to automate and streamline the financial close management process for enterprises. The platform utilizes advanced AI algorithms to enhance month-end workflows, including balance sheet reconciliations and technical accounting tasks, allowing accounting teams to close faster and with greater confidence. The flagship product serves as an AI assistant throughout the accounting lifecycle, connecting subledgers, automating workflows, and validating financial data to produce accurate, audit-ready financial statements. Numeric's AI co-pilot can respond to natural language queries from accountants, enabling them to focus on strategic financial guidance rather than routine data preparation. The platform integrates various financial data silos and workflows, ensuring compliance and improving auditability. Numeric has experienced significant growth, with a fourfold increase in annual recurring revenue over the past year and notable clients such as OpenAI, Plaid Inc., and Brex Inc. The company has also expanded internationally, opening an office in London to support finance teams in the UK and EMEA.