Blavatnik family office invests in Numeric’s $51M Series B round

Numeric, a fast-growing AI-powered accounting automation platform, has raised $51 million in a Series B funding round to expand its product suite from close management into a comprehensive platform for finance operations. The round was led by Institutional Venture Partners, with participation from Menlo Ventures, Founders Fund, Alkeon Capital, 8VC, Socii Capital, and the Blavatnik family office Access Industries Holdings. Founded in 2020, Numeric helps enterprise finance teams streamline traditionally manual processes such as period close, reconciliation, and financial reporting. Its platform automates repetitive workflows and enhances visibility with AI-driven tools for variance analysis, trend detection, and audit support. The company also offers high-performance cash reconciliation software, boasting auto-match rates above 90%. This new round brings Numeric’s total funding to $89 million and marks a strategic pivot toward building a unified data layer that connects all aspects of finance operations, enabling faster, insight-driven decision-making.

About Access Industries: The Blavatnik family office

Access Industries is the privately held global investment firm and family office of billionaire industrialist and philanthropist Sir Leonard “Len” Blavatnik. Founded in 1986, Access manages a diversified portfolio valued at over $35 billion, spanning sectors such as technology, entertainment, energy, media, biotechnology, and real estate. With headquarters in New York and offices in London, Access is known for high-profile investments in companies like Warner Music Group, DAZN, DigitalOcean, and A24. The firm’s strategy centers on identifying businesses with strong leadership and scalable models, then enhancing value through long-term capital and operational support. The Blavatnik family office is also included in the list of the top 10 most active family offices in 2025, mainly for its large-scale Calpine Corporation exit and the additional $800M DAZN investment.

Picture Source: Numeric.io (Screenshot on November 24th, 2025)
Article source: Silicon Angle (November 24th, 2025)