Numeral Technologies, Inc.

Based in California, US, and founded in 2022 by co-founders Christopher E. Kim and Yufei L. , Numeral Technologies, Inc. is a financial technology company specializing in providing comprehensive solutions that engage in the automation of sub-ledgers in high-volume reconciliation.

In May 2023, Numeral Technologies, Inc. raised USD 3. 57 million in seed funding led by investor Bienville Capital Management, with participation from another investor, AngelList Quant Fund. The company's product offerings are designed to meet the evolving needs of modern businesses, offering one-click integrations to consolidate raw financial data from various sources into a centralized database ready for accounting teams.

Numeral also simplifies the mapping of financial data to a chart of accounts, locks periods for easy journal entry posting, and allows for the creation of accounting automation rules using familiar Excel syntax. In addition, Numeral Technologies, Inc. 's features include providing real-time, auditable, and auto-reconciled financials, supported by raw underlying financial data directly from the source. The platform includes features like an extensive audit trail, continuous exception monitoring, and flexible permission levels to enhance financial transparency and compliance.

The company plans to use the May 2023 funding for business growth and expansion as well as product development.