What Does Numeric Do?

    Learn about what Numeric does, their services, and key information.

    What Does Numeric Do?

    Name: Numeric

    Headquarters: San Francisco, United States

    Employees: 51-200

    Numeric is an AI accounting automation platform designed to streamline core accounting workflows for businesses. The platform reduces manual work for accountants by automating financial close processes, reconciliations, and providing AI-driven features such as auto-drafted flux explanations and technical accounting research.

    Numeric is used by hundreds of both private and public companies to organize their monthly close, automate routine reconciliations, and generate insightful accounting narratives. The system leverages artificial intelligence to help accounting teams focus on higher-impact activities, aiming to improve efficiency and accuracy across key finance operations.

    Who Uses Numeric?

    Numeric serves a wide range of growing and established organizations. Notable customers include Metropolis, Plaid, Mercury, Wealthfront, ZIP, Betterment, Heap, Clearbit, AngelList, Airbyte, Medely, Click Therapeutics, Stash, public.com, Gremlin, and Laika. This customer base reflects Numeric's focus on supporting both high-growth startups and more mature companies seeking scalable, automated accounting solutions.

    How Was Numeric Started?

    Numeric was founded by Parker Gilbert (CEO), Anthony Alvernaz (CPO), and Andrew Bihl (CTO), all based in San Francisco. The founding team brings together expertise in technology and product development, with the goal of modernizing and automating tedious accounting processes. You can learn more about their story and mission on their About page.

    What Problems Does Numeric Solve?

    • Automates recurring, manual accounting tasks such as reconciliations and close checklists
    • Uses AI to generate flux explanations and support technical accounting research
    • Organizes and tracks the close process for finance teams, reducing errors and saving time

    By addressing these challenges, Numeric enables accountants to dedicate more attention to strategic, high-value financial work rather than repetitive manual tasks.

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