HomeIrelandNumra Raises €1.5M in Funding

Numra Raises €1.5M in Funding

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Numra

Numra, previously known as Autonifai, a Dublin, Ireland-based AI startup providing a finance assistant services, raised €1.5M in funding.

The round was led by Elkstone, with contributions from angel investors.

The company intends to use the funds to accelerate customer acquisition in the US and to invest further in product development to introduce its AI finance assistant, “Mary,” to the market.

Founded in August 2023 by David Kearney (CEO) and Conor Digan (CTO), Numra has developed an AI-powered accounts assistant named Mary, who behaves just like a real-life team member. Finance teams can train it on their processes, give her access to their systems, and interact with her over email, Microsoft Teams, Slack or any other chat software.

Mary improves the productivity of finance teams (they say by 30-50%,) streamlining finance operations by automating tasks such as invoice processing, 3-way matching, payments and reconciliations.

FinSMEs

16/05/2024

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