Numeric
Numeric, also known as Velocity Labs, is a financial technology company based in San Francisco. Founded in 2020 by Anthony Alvernaz, Becky Kosovsky, Parker Gilbert, and Andrew Bihl, Numeric offers an AI-powered accounting automation platform designed to enhance the efficiency of finance and accounting teams. The company focuses on streamlining the month-end close process, automating reconciliations, and providing real-time visibility into financial data. Numeric's platform features tools for flux analysis, automated reporting, and task management, all aimed at reducing manual effort and errors. It integrates seamlessly with popular software like Google, Excel, Xero, and QuickBooks, facilitating collaboration and workflow management. The company has raised $38 million in funding and serves a diverse range of clients, including notable firms like OpenAI, Brex, and Plaid. Numeric's mission is to transform accounting by automating core workflows and improving audit readiness.