Numeral announced that it’s raised $3 million to close its oversubscribed seed round. The company will use the funds to expand headcount across its remote-first workforce and invest in product development.
Numeral is a subledger for high-volume businesses with early use cases including transaction-level cash reconciliation, data reconciliation and revenue reporting. The San Francisco-based company, which launched in June 2022, counts AllTrails, Scribd, Gabb Wireless, Hipcamp and PayZen among its clients.
Bienville Capital led the seed round alongside participation from AngelList Quant Fund, Kruze Consulting executives and accounting leaders at various high-volume businesses.
