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Numerated

ID: 5864436

Numerated is a fast-growing, venture-backed financial technology company powering digital transformation of business lending at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market and offer businesses the fastest, most convenient way to secure financing. Numerated's end-to-end platform helps banks profitably grow their business portfolios through a powerful combination of real-time lending customer experience, automated credit decisioning, and modern marketing and sales tools. Numerated was developed in 2015 within and for Eastern Bank. After growing Eastern's small business lending portfolio 4X and its rates 2X, the technology was spun-out in 2017 as an independent company backed by fintech leaders Venrock, FinTop Capital, and FIS. Today, Numerated works with growth-oriented banks focused on being leaders in their markets in serving businesses.

8

Funding Rounds

$78.7m

Money raised

Overview

Numerated is a fast-growing, venture-backed financial technology company powering digital transformation of business lending at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market and offer businesses the fastest, most convenient way to secure financing. Numerated's end-to-end platform helps banks profitably grow their business portfolios through a powerful combination of real-time lending customer experience, automated credit decisioning, and modern marketing and sales tools. Numerated was developed in 2015 within and for Eastern Bank. After growing Eastern's small business lending portfolio 4X and its rates 2X, the technology was spun-out in 2017 as an independent company backed by fintech leaders Venrock, FinTop Capital, and FIS. Today, Numerated works with growth-oriented banks focused on being leaders in their markets in serving businesses.

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Financial Details

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Funding

Funding series

Funding Series Analysis

The company Numerated has raised a total of $32m in funding over 8 rounds.

Key Insights:

  • Numerated Series B round, September 2019: $15m
  • Numerated funding round, November 2018: $8m
  • Numerated funding round, May 2017: $9m
  • Numerated Growth Technologies, Inc. funding round, November 2018: $8m
  • Numerated Growth Technologies, Inc. funding round, May 2017: $8m
  • Numerated Growth Technologies, Inc. funding round, September 2019: $15.69m
  • Numerated funding round, September 2019: $15m

Industries

Numerated is active in the following industries: