51 - 100 employees
Series B
Enterprise Software / SaaS
FinTech & Payments

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

 
5 Jobs Listed
Clear Filters
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We are looking to add...
Product Management
Boston
Numerated is a digital lending platform for banks. Our mission is to help banks fundamentally change the way the identify, engage with and service their business customers. Today, thousands of our banks customers and billions of dollars of bank business traverse the Numerated platform and were just getting started! As a Sales Executive at Numerated, youll focus on building pipeline and selling to forward-thinking banks throughout the country. Youll communicate how Numerated can streamline and simplify the acquisition of business banking services for customers and make banks easy to do...
Sales & Business Development
Boston
Overview / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Great people are at the heart of our company and key to our success. As a Senior Front...
Software Engineering/QA
Boston
Overview/ Are you ready to take the next step in your sales career with a challenging position at one of the leading financial technology companies in the country? A place where you can have an impact in an early-stage company changing how banks compete and win? Numerated Growth Technologys real-time lending and sales automation platform drives profitable growth for banks. It transforms how financial institutions lend from a paper-based process to a digital, real-time experience. Numerateds platform uses data automation and science to digitize credit policies and integrates...
Sales & Business Development
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Great people are at the heart of our company and key to our success. We are...
Software Engineering/QA
265 Franklin St, Fl 3
Boston, MA 02110

Blog

July 1, 2020
Editor's Note: Since the time of writing, the President has signed the bill into law, extending the existing PPP loan application period to August 8th.  Senate Democrats forced a vote late last night to extend how long businesses have to apply for Paycheck Protection Program loans. The unexpected move came just hours before the June 30 deadline, and surprisingly passed the Senate through unanimous consent....
June 24, 2020
The Small Business Administration and Treasury Department issued new guidance on Tuesday, June 24....