Asset ManagerRIA · CRD 131684SEC-RegisteredPrivate Fund Adviser

Updated:

Numeric

Numeric builds an AI-native close management platform automating reconciliations, flux analysis, and reporting for enterprise accounting teams.

Numeric

Numeric is an SEC-registered investment adviser in Boston, MA, registered since 2004. The firm manages $94.4 billion in regulatory assets. It has 54 employees and 45 investment advisers.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Boston

Corporate office

San Francisco, CA, United States

Additional offices

New York, NY, United States · London, United Kingdom

Sector focus

Enterprise SoftwareAI/MLFinTech

Frequently asked questions

What specific accounting workflows does Numeric's platform cover?

Numeric focuses on the record-to-report cycle. Its modules cover close management (reconciliation automation, flux analysis drafting, close-performance tracking), cash management (bank-feed integration and reporting), and a reporting analytics suite. Data is ingested from the general ledger, supplemented by uploaded documents and CSV files, with AI-driven rules handling transaction matching across memos, vendors, classes, and locations.

How does Numeric's AI model reduce manual work during the period-end close?

The system auto-drafts variance explanations by identifying core drivers in transaction data and flags anomalies to surface exceptions before they create downstream errors. AI-generated matching rules reconcile transactions against bank statements and uploaded documents. The platform aims to replace the manual Excel pivots and cross-referencing that still dominate enterprise close processes.

Can teams extend the platform's automation beyond Numeric's native features?

Yes. Numeric offers an MCP connector that allows in-house teams to build custom agents for automating multi-step accounting workflows outside the box. Combined with an analytics suite that enables custom report building, the platform can expand into broader finance-team automation.

What is Numeric's posture on remote versus in-person work?

Numeric operates as an in-person company with offices in San Francisco, New York, and London. The firm states explicitly that it believes work moves faster in person and that a co-located environment strengthens execution against larger incumbents.

Is Numeric a professional services firm or a SaaS platform provider?

Numeric is a software platform provider. It markets a subscription-based, AI-native operating system for finance teams rather than outsourced bookkeeping or consulting. It positions itself as an alternative to spreadsheet-based processes and brittle ERP modules, not as a staff-augmentation service.

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