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
Jobs at Numerated
Welcome to Numerated, our new space opened December 2018 in Post Office Square and is home to 45 Numerators and growing.
Some of our engineers hard at work building out our real-time lending platform.
We host weekly company-wide meetings to keep us informed on upcoming projects and customer deliverables.
Here, our senior leadership team is delivering their weekly "meta-minute".
A look at one of our many conference rooms .
Our data science team working away.
The kitchen is the perfect spot to guzzle down some seltzer water and grab a snack.
Mondays are for our weekly management meetings.
A few members of the implementation team working hard to get more and more customers live.
Jump into the Sanctuary room for a one-on-one meeting.
Company catered lunches are always a big hit!
Our demand generation team working on their next marketing campagin.
The open office floor plan is perfect for cross-team collaboration.
A few fellow Numerators on their way to a meeting.
The calm before the storm. Our kitchen area is home to some delicious and healthy company lunches.
Sometimes you have to jump into our oversized phone booth.
Or grab a chair and catch up on some work!
Our fearless head of sales updating the team on our recent customer wins.
We hope you enjoyed the tour. Thanks for visiting!
Read About Us
Blog
Our Social Feed
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As the @BAI_Info Industry Forum wraps up, we just wanted to say thank you to everyone who joined us and… t.co/RpEeeyJe5h
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We’re excited to be partnering with the largest and oldest locally-owned community bank on the Central Coast of Cal… t.co/bDW8Ymt8CR
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We're just a day away from the @BAI_Info Industry Forum! Here's what you can expect from our team and @Dollar_Bank… t.co/iXc4cW5tZk
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ICYMI: Here’s the top bank growth news we read in September t.co/MtgSWJ1QAC
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Checkout the @BosBizJournal’s latest roundup of the largest #fintech firms in Mass! A big congrats to @Flywire,… t.co/eFqrjJEaRF
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Catch our Founder and CEO Dan with @Dollar_Bank’s Dave Weber at the @BAI_Info Industry Forum on 10/9: t.co/6NEXHVYwJT
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@kcline6 interview with our CEO Dan O'Malley is a must listen for anyone in #banking or #fintech: t.co/Pj0A93Age8
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Our CEO sat down with @kcline6 on the @VentureFizz podcast to talk fintech, innovation, and raising capital. 🎧Tune… t.co/7sXhaRXtU6
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Organic growth is hard. @FirstFedLkwd made it possible by leveraging our real-time sales platform. Here’s their sto… t.co/kjK6UEEmTr
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It’s official: we’ve closed a $15M Series B led by our newest investor, Patriot Financial Partners. Here’s what you… t.co/V8kCjNGCq2
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Bankers are struggling to build and grow relationships today. Here's how we help them succeed in the digital world… t.co/RSDIa45u4S
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@easternbank is a shining example of how making the right technology investments can be a game changer for the fron… t.co/Zt3pU3vh7w
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Experience FinXTech is right around the corner! Here's what you should know before you head to Chicago: t.co/tzp4WIB930
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@Davidpoconnell talks AI, Business Lending, and the advantage Numerated gives banks in his latest analysis for… t.co/h01SzRAVnj
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Banks that are growing today have one thing in common: they’ve transformed sales to meet the modern consumer’s expe… t.co/QAdA3YgUv0
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If banks don’t start focusing on customer retention, they risk losing their business to the megabank and non-bank c… t.co/nYoesQm8BP
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@AmerBanker’s @pennycrosman explores why the nation’s third-largest mutual decided to partner with Numerated to tra… t.co/QUutkUTd0S
