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