26 - 50 employees
Series A
B2B
FinTech & Payments
SaaS

Numerated Company Overview

Recently named a Top 50 Boston Startup to Watch in 2019, Numerated is breaking through the crowded fintech market by helping banks reinvent business banking for the digital age. Businesses are critical to bank balance sheets, and loans are a runway for gathering deposits, feeding larger C&I loans, and expanding share-of-wallet. However, technology has changed business banking: customers demand faster, simpler, omnichannel products/services, and banker and retail teams are in painful need of tools and data to help them attract customers and sell products.

Numerated was founded to help banks thrive in this modern business banking landscape with its real-time lending and growth platform. Numerated’s end-to-end platform unlocks profitable bank growth through a powerful combination of real-time lending customer experience, automated underwriting, and modern marketing and sales tools.

Numerated’s technology was originally developed within and for $11B Eastern Bank, the largest mutual bank in the US. After growing its portfolio 4X into the #1 SMB lender in Boston (out-competing megabanks, and generating $2K in cost savings per loan and a 2X increase in WAIR), the technology was spun out in 2017 as an independent company backed by leading fintech investors, including Venrock and FIS.

In 18 months since this spin-out, Numerated is quite literally breaking through the fintech noise. The software has been adopted by top business banks, including Bremer, First Federal Lakewood, Franklin Synergy, Horizon, MidFirst, People’s United, Seacoast, and more. Banks have decisioned $500M through the software, which supports loans and lines of credit up to $250K, combination loans/LOCs, SBA loans, business credit cards, business overdraft, and agricultural loans.

Our Investors

Numerated Investors

Jobs at Numerated

 
4 Jobs Listed
Clear Filters
Boston
Overview/ Numerated is looking for a seasoned content marketer to partner closely with senior executives to elevate awareness for the company and its real-time lending platform within the financial services industry. The successful candidate is an inquisitive, adaptable, full-funnel content marketer with a passion for writing and a track-record of storytelling. S/he is excited about building and scaling a content marketing engine from the ground up, and thrives in a dynamic environment. The ideal candidate will work with senior executives to develop the companys voice and influence market...
Marketing
Boston
Overview / Were looking for a Financial Analyst to help take the analytical capabilities of our 50 person, high-growth company to the next level. Numerated is an enterprise SaaS company that helps financial institutions transform how they grow using data. We also believe in using data to drive our own growth and this role will help refine the models, tools, and processes we use to analyze the drivers of growth, discover opportunities, and forecast future performance. Candidates for the role will have excellent analytical capabilities and experience using them to drive success. This role...
Corporate Functions
Boston
Overview/ We are looking for an experienced Implementation Engineer to help our enterprise clients leverage the power of our platform. Ideal candidates need to be solution oriented, process driven, fast learners, strong communicators and passionate about technology. Responsibilities/ Proactively communicate and collaborate with external bank clients and partners to analyze information needs and functional requirements for the execution of each implementation and client engagement Conduct and complete workflow and functionality gap analyses Work closely with engineering in delivering...
Software Engineering/QA
Boston
Overview/ Numerated is a fast-growing, quick-moving startup in the financial technology industry, helping to upend outdated business processes in the banking sector. We are in the middle of scaling our company to meet customer demand, and facing a number of interesting technical challenges related to that. If youre looking to make a big impact in your company, and to influence your team, Numerated may be right for you! Were looking for a friendly, communicative mid-level software engineer with solid Python and backend engineering skills, with a deep understanding of what it takes to build...
Software Engineering/QA
265 Franklin St, Fl 3
Boston, MA 02110

Blog

March 7, 2019
Today we're excited to announce that Karen Mills has joined Numerated as an investor and advisor.  Penny Crosman at American Banker covered the news, and shares the backstory of how Karen learned about Numerated, met our CEO Dan, and ultimately decided to invest in the company....
February 28, 2019
Digital-only business lending strategies discount the human factor involved in making large financial decisions, and deprive banks the opportunity to deepen relationships and expand share-of-wallet. Top relationship banks are integrating the speed and efficiency gains of digital lending with technology that empowers their bankers to identify quality businesses, close loans in new ways, and go beyond the loan transaction to gather deposits and cross-sell products....
February 26, 2019
Numerated will take the stage at Bank Innovation Ignite on March 11th to discuss where the banking industry is headed in 2019 and beyond....
February 20, 2019
Real-time loans help Seacoast Bank save impacted businesses...
February 14, 2019
A shift to all things digital is changing the face of business banking, forcing relationship banks to make critical decisions about their business lending strategies. ...