Numerated Revenue and Competitors

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Boston, MA USA

Location

#3052

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Numerated's estimated annual revenue is currently $22.1M per year.(i)
  • Numerated received $8.0M in venture funding in November 2018.
  • Numerated's estimated revenue per employee is $139,750
  • Numerated's total funding is $32M.

Employee Data

  • Numerated has 158 Employees.(i)
  • Numerated grew their employee count by 34% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$4.9M5039%$4.6MN/A
#2
$8M6826%N/AN/A
#3
$1.2M1515%N/AN/A
#4
$1749.6M9613N/AN/AN/A
#5
$4.4M4268%N/AN/A
#6
$1.1M14-63%N/AN/A
#7
$2.6M29N/AN/AN/A
#8
$16.3M12519%$30.7MN/A
#9
$17.9M138-34%$62.6MN/A
#10
$1M13-50%N/AN/A

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.

keywords:N/A

$32M

Total Funding

158

Number of Employees

$22.1M

Revenue (est)

34%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Numerated News

2021-09-21 - Independent Bank Partners with Numerated to Bring Digital Lending Convenience to Michigan Businesses

"Numerated allows us to provide better community outreach to business owners by offering faster response times to a traditionally longer commercial loan request process." - Independent Bank First Vice President Marc Judge BOSTON (PRWEB) September 21, 2021 Numerated, the fast-growing fintech ma ...

2021-07-27 - Community Bank of the Bay Partners With Numerated to Launch Digital Lending for Businesses

Over the last year, we’ve watched customers rapidly adopt digital banking channels, creating new expectations for community institutions like ours. We’re excited to partner with Numerated to bring digital lending convenience to businesses. BOSTON (PRWEB) July 27, 2021 Community Bank of the Bay ...

2021-06-29 - Numerated Brings Enhancements to SBA 7(a) Express Digital Lending Solution, Removing 75% of the Work for Lenders

Numerated launches enhanced digital lending solution for SBA 7(a) Express loans. Our goal is for Numerated to handle all of the legwork and back and forth between the SBA, lenders and businesses by using data, APIs, and process automation. The enhancements we launched today are for lenders that ...

2019-09-08 - First Mutual CEO: Volcker Rule changes “get us a seat” at the ...

We made an investment in an online lending company called Numerated Growth Technologies and they have about 30 banks as their ...

2019-09-07 - Numerated Welcomes Karen Mills, Former Head of the Small ...

BOSTON--(BUSINESS WIRE)--Numerated, the financial technology company powering the digital transformation of business lending at banks, ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$25.2M1583%N/A
#2
$25.2M158N/AN/A
#3
$28.5M15922%N/A
#4
$42.9M15973%N/A
#5
$38.7M160N/AN/A

Numerated Funding

DateAmountRoundLead InvestorsReference
2017-05-18$9.0MAVenrockArticle
2018-11-29$8.0MUndisclosedVenrockArticle