Numeric Menlo Ventures: Driving Growth in the Financial Data Market

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Numeric Menlo Ventures is a name you might not know, but its impact on the financial data market is undeniable. They've been investing in innovative companies that are changing the way we think about data.

Their investment portfolio is diverse, but one thing is clear: they're focused on driving growth in the financial data market. They've invested in companies that specialize in data analytics, machine learning, and artificial intelligence.

One company they've invested in is a data analytics firm that uses AI to help financial institutions make better decisions. This firm has seen significant growth since receiving investment from Numeric Menlo Ventures.

Their investment strategy is all about identifying trends and opportunities in the financial data market. They're not just looking for companies with potential, they're looking for companies that are already making a difference.

Funding and Investments

Numeric has secured a significant funding round, with its latest Series A round raising $28M on October 10, 2024.

Suggestion: Venture round

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Menlo Ventures, Socii Capital, IVP, Founders Fund, 8VC, and Long Journey Ventures participated in Numeric's latest funding round.

Founders Fund was also an investor in Numeric's earlier Seed round, which raised $10 million to transform accounting with AI.

This investment demonstrates the confidence investors have in Numeric's mission to revolutionize accounting with AI technology.

Additional reading: Keith Rabois Founders Fund

Investors and Partners

At Numeric Menlo Ventures, we value our investors and partners, and we're proud to have a strong network of supporters who share our vision.

We have a diverse group of investors who bring a wealth of experience and expertise to the table.

Our investors include seasoned venture capitalists who have a proven track record of success.

We also partner with other companies and organizations to further our mission and expand our reach.

Competitors and Market

Numeric Menlo Ventures has a strong presence in the market, with a focus on investing in early-stage companies that have the potential to scale quickly.

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Their portfolio includes companies like Calendly and Notion, which have gained significant traction and recognition in their respective industries.

In terms of competitors, Menlo Ventures faces stiff competition from other top-tier venture capital firms like Sequoia Capital and Greylock Partners.

Menlo Ventures' geographical focus on the western United States gives them a unique advantage in terms of access to innovative companies and talent.

The firm's investment strategy, which emphasizes backing entrepreneurs with a strong vision and execution capabilities, has proven to be highly effective in driving returns.

Menlo Ventures' focus on the enterprise software and SaaS sectors has allowed them to capitalize on the growing demand for cloud-based solutions.

Recent Funding Rounds

Numeric has raised a total of $38M in funding across 3 rounds. Its first funding round was in 2021.

The company's latest funding round was a Series A round, which took place on October 10, 2024, and secured $28M in funding. Six investors participated in this round.

Founders Fund, Menlo Ventures, 8VC, Long Journey Ventures, Socii Capital, and IVP are among the investors that have backed Numeric.

Frequently Asked Questions

Who owns Numeric?

Numeric is owned by Man Group PLC, a UK-based investment management firm listed on the London Stock Exchange. Man Group acquired Numeric in September 2014.

How big is Menlo Ventures?

Menlo Ventures is a large and established venture capital firm with over 46 years of experience and more than $5 billion in assets under management. With its extensive resources and expertise, Menlo Ventures supports innovation-driven companies at various stages of growth.

Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

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