Numeric Close Platform

Organization
Numeric · United States
Solution Type
Ready Product / Solution
Collaboration
Business Collaboration (Joint Venture), Licensing

1. Technology overview

Numeric is a software company with offices in San Francisco, New York and London, co-founded by Parker Gilbert (CEO), Andrew Bihl (CTO) and Anthony Alvernaz (CPO). It describes itself as the data platform for finance teams, aiming to speed up the month-end close and reduce manual accounting work.

The platform combines close management (checklist, account reconciliation, flux analysis, transaction monitors), cash management (cash matching, journal entry automation) and billing and revenue recognition. An AI flux writer drafts variance commentary, an MCP server lets AI assistants act inside the close, and ERP connections focus on NetSuite. Named customers include Brex, Plaid, Wealthfront and Asana.

2. Highlighted features & specifications

  • Close checklist: tasks with dependencies, reviewer workflows and period rollforward.
  • Account reconciliation: reconciles balances using transaction-level data.
  • Flux analysis: AI explains unexpected line-item changes and drafts commentary.
  • Cash matching: rule-based and AI-suggested matches with journal entries booked back to the ERP.
  • Billing and revenue: usage-based billing and ASC 606 revenue recognition.
  • Numeric MCP: lets Claude, ChatGPT and other AI tools work inside the close.

3. Potential application

A Vietnamese subsidiary of a multinational could use close checklists and reconciliations to meet group reporting deadlines. A fast-growing Vietnamese e-commerce or fintech company on NetSuite could automate cash matching. A finance shared-service centre could standardise flux commentary across entities.

4. Benefits

Cash matching rate above 90% is cited by the company, and Brex is reported to have cut a days-long cash process to a few hours. AI-drafted flux commentary shortens variance review. Close checklists with reviewer workflows give accounting leads visibility into close progress. Works alongside the existing ERP.

6. Other information

Offices in San Francisco, New York and London (about page). $51M Series B announced 19 November 2025, led by IVP with Menlo Ventures, Founders Fund and others. Company says its journey began in 2020.

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