<ul><li>Accounting software company Numeric has raised $28 million in a Series A funding round led by Menlo Ventures, bringing its total funding to $38 million.</li><li>Numeric offers an accounting software that automates certain aspects of the book-closing process using generative AI.</li><li>The software aggregates and reconciles data from various accounting systems and Excel spreadsheets, saving accountants time and effort.</li><li>Numeric's revenue has increased fourfold over the past year, and the company counts Brex, OpenAI, Plaid, and Wealthfront among its users.</li></ul>

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

Discover more