# Numarics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/numarics

- Industry: Financial Services
- Headquarters: Zurich, Switzerland
- Website: www.numarics.com
- Total disclosed funding: $11M
- Latest round: Seed (Jul 6, 2023)
- Investors on record: 4

## About

Based in Zurich, Switzerland, and founded in 2020 by its CEO, Dominique Rey, Kristian Kabashi, and Stefan Mitrovic, Numarics AG, operates as a financial service provider company that helps businesses with accounting solutions. In July 2023, Numarics AG raised EUR 10.2 million in seed funding co-led by Avaloq Ventures and UBS Next, with participation from Seed X Liechtenstein AG and Wingman Ventures.

The company offers a mobile application platform that provides various financial services that include accounting, bookkeeping, payroll accounting, preparation of annual financial statements, tax return management, and business insights to startups, micro-enterprises, and enterprises.

Numarics AG generates revenue by charging for its plan, named starter for CHF 199 per month.

The company plans to use the July 2023 funding to support its growth, further develop its product offerings, and expansion of its market.

## Funding rounds

- Seed, Jul 6, 2023, $11M — UBS, Avaloq, Seed X Liechtenstein, Founderful

## Investors

- UBS — Seed
- Avaloq (https://capitalatlas.ai/funds/avaloq) — Seed
- Seed X Liechtenstein (https://capitalatlas.ai/funds/seed-x-liechtenstein) — Seed
- Founderful (https://capitalatlas.ai/funds/founderful) — Seed