Numeric

Numeric is an AI-native close automation platform that unifies close management, financial reporting, and cash reconciliation for accounting teams, founded in San Francisco in 2020 by CEO Parker Gilbert, Chief Product Officer Anthony Alvernaz, and CTO Andrew Bihl. Gilbert started the company after leading a finance team at a venture-backed startup and experiencing firsthand how much of month-end close was manual, repetitive work — hunting for discrepancies, downloading and re-downloading data, rebuilding the same Excel pivots every month. Numeric's platform spans three product lines: Close Management (Close Checklist, Account Reconciliation), Cash Management (Cash Matching, JE Automation, Bank Integrations, launched November 2025), and an Analytics Suite (Flux/Variance Analysis, Reporting, Transaction Monitors), unified under an embedded AI layer called Numeric Intelligence.

Numeric Intelligence automates the work accountants describe as most tedious: it auto-drafts flux/variance explanations by identifying the core drivers behind a change, flags anomalies in transaction data as they're processed rather than at month-end, parses bank statements with AI for faster reconciliation, and ships a native MCP connector so technical teams can build custom AI agents and multi-step workflows on top of Numeric's data. The platform pulls every transaction line directly from a company's ERP (memos, vendors, class, location) rather than working from static exports, giving what customers describe as real-time, "always-current" financial data. Numeric competes directly with legacy close-management tools like BlackLine and FloQast (Numeric publishes a direct comparison page against FloQast), and its investor base pointedly includes Marc Huffman, former CEO of BlackLine, and Ron Gill, former CFO of NetSuite.

The company has raised $89 million total across four funding rounds, most recently a $51 million Series B in November 2025 led by IVP with participation from Menlo Ventures, Founders Fund, and others. Numeric serves both public and private companies, including Brex (reduced close timeline by 33%, cash-matching rates jumped from 30% to over 90%), Wealthfront, Plaid, Stash, GOAT, Betterment (22% faster close), Riskified (a public NYSE-listed company running its close on Numeric), Public.com, Parafin, ClickUp, Mercury, and DailyPay (80% of flux first drafts now written by AI). Pricing runs three tiers: Essentials starts at $30/month per user for core project management and a technical AI assistant; Growth is custom-priced for QuickBooks/Xero-based teams wanting live ERP integration and AI-automated reconciliation and flux analysis; and Enterprise is custom-priced for teams on mature ERPs like NetSuite wanting transaction monitoring, custom reporting, SAML SSO, and the Cash Management product.

Numeric has three tiers. Essentials: starts at $30/month per user, billed via email/sales signup; includes project management for month-end/quarter-end/year-end tasks, segregation of duties (preparers/reviewers), holiday calendar upload, review notes and custom task categories, Slack integration with daily digest, email request automations, and a Technical AI Assistant. Growth: custom pricing, aimed at teams on QuickBooks or Xero wanting to automate month-end; includes everything in Essentials plus live ERP and file storage integration, auto-reconciliation with notifications, AI-parsing of bank statements for reconciliation, flux analysis, and CPA-led onboarding and ongoing training. Enterprise: custom pricing, aimed at teams on mature ERPs like NetSuite wanting a continuous, controlled close process; includes everything in Essentials and Growth plus ongoing transaction monitoring, custom reporting, unlimited flexible flux reporting, SAML SSO (Okta, Duo, OneLogin), live bank feed integrations, and the full Cash Management product (matching and JE automation). All plans include onboarding support, a named customer success manager, and access to Numeric's help center and templates. Contact Numeric for a custom quote on Growth or Enterprise, or via their partner program for accounting firms.