# The Nmbr Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-nmbr-company

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.nmbr.co/
- Total disclosed funding: $5.6M
- Latest round: Seed (Sep 24, 2024)
- Investors on record: 4

## About

Established in 2023 and based in Toronto, Canada, The Nmbr Company Ltd. operates as a software development company that offers an embedded infrastructure to manage payroll services. In 2025, The Nmbr Company Ltd. raised approximately CAD 5.5 million in venture funding from returning investors Panache Ventures, Motivate Venture Capital, Golden Ventures, and Luge Capital. The firm, as of September 2024, is led by its co-founders, Simon Bourgeois (CEO), Drew Millington (CRO), and Kevin Langlois (CTO).

Nmbr provides a payroll engine that businesses can integrate, enabling them to launch payroll products in days or weeks rather than years. Nmbr's payroll infrastructure is designed for various sectors, including SaaS platforms, time and attendance software, startups, and financial institutions. The Nmbr company generates revenue by charging USD 40 as a base fee plus an amount of USD 6 to USD 10 per employee per month.

## Funding rounds

- Seed, Sep 24, 2024, $5.6M — Golden Ventures, Panache Ventures, Luge Capital, Motivate Venture Capital

## Investors

- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Luge Capital (https://capitalatlas.ai/funds/luge-capital) — Seed
- Motivate Venture Capital (https://capitalatlas.ai/funds/motivate-venture-capital) — Seed