Numra, previously known as Autonifai, a Dublin, Ireland-based startup providing an AI assistant for finance teams, has raised €1.5 million in funding.
Investors
The round was led by Elkstone, with additional contributions from notable angel investors.
Elkstone is an Irish investment house focused on entrepreneurs, senior executives, institutional LPs, the venture community, and the Irish diaspora. Their mission is to increase the economic value and overall well-being of the Island of Ireland by growing their network, enabling deserving investments, and delivering superior investment performance.
Numra Use of Funds
The company will use the funding to accelerate customer acquisition in the US and to invest further in product development.
About Numra
Founded in August 2023 by David Kearney and Conor Digan, Numra aims to revolutionize finance operations with its AI-powered accounts assistant. Numra’s AI assistant, Mary, behaves like a real-life team member, training on company processes and interacting over various communication platforms like email, Microsoft Teams, and Slack. Mary excels at repetitive tasks such as processing invoices, performing reconciliations, and managing collections. Numra targets companies with large in-house finance teams that process high volumes of transactions, such as those in manufacturing and professional services.
Funding Details
Company: Numra
Raised: €1.5M
Round: Unknown
Funding Month: May 2024
Lead Investors: Elkstone
Additional Investors:
Company Website: https://numrahq.com/
Software Category: AI Assistant
Source: https://fintech.global/2024/05/16/irish-ai-startup-numra-secures-e1-5m-to-launch-finance-assistant-mary/