Decimal, an Indianapolis, Indiana-based accounting automation platform, raised $9.22 million in seed funding.
The round was led by Arthur Ventures, with participation from Service Providers Capital and angel investors.
The company intends to use the funds to continue to accelerate growth and platform development
Company: Decimal LLC
Raised: $9.22M
Round: Seed Round
Funding Month: June 2022
Lead Investors: Arthur Ventures
Additional Investors: Service Providers Capital
Company Website: https://www.decimal.com/
Software Category: Accounting Automation platform
About the Company: Led by Matt Tait and Jacob Cloran, Decimal provides an accounting operations platform for small business bookkeeping, technology setup/support, bill pay, payroll, and more for a fixed monthly fee. Launched in January 2020, Decimal has experienced significant growth over the past two years, via a remote-only culture with employees and customers throughout the country.
Source: https://www.finsmes.com/2022/06/decimal-raises-9-22m-in-seed-funding.html