Velocity Inc.

V
Velocity Inc.
  • Headquarters

    San Francisco, CA
  • Founded

    2021
  • CEO / Founder

    Alex Loudermilk
  • Employees

    51-200
  • Funding

    Series B — $63M
  • Products

    1 product listed
  • Avg. AI Score

    7.3/10

Profile updated

Products
1
Avg AI Score
7.3/10
Founded
2021
Funding
$63M
About Velocity Inc.

Numeric is an accounting automation company founded in 2021 by Alex Loudermilk and Sam Levene, headquartered in San Francisco, California. The company built a platform designed to help finance and accounting teams close their books faster by centralizing transaction data from ERPs, bank feeds, and other financial systems, providing visibility into reconciliations, close tasks, and flux analysis.

The platform is aimed at finance teams at growth-stage and mid-market companies that need to accelerate the month-end close process, replacing manual spreadsheet-based workflows with automated reconciliations, task management, and reporting tools. Numeric integrates with common ERP systems and accounting software to pull in transaction and account data in near real time.

Numeric has raised venture funding from investors including Addition and other institutional backers across multiple rounds since its founding. The company has grown its customer base among finance teams seeking to modernize close processes and reduce reliance on manual spreadsheet reconciliation.

Specialties
Accounting AutomationMonth-End CloseFinancial ReconciliationERP IntegrationFlux AnalysisFinancial Operations Software
Products by Velocity Inc.

All products by Velocity Inc. reviewed by our AI panel of experts.

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