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Numa raised $32M in a Series B funding round led by Touring Capital to expand its AI engineering team and accelerate product development.

PRIVATEOct 01, 2024

Amount Raised

$32 Million

Round Type

Series B

OaklandSoftwareArtificial IntelligenceMachine LearningSaaS

Investors

Mitsui & Co.Costanoa VenturesThresholdGradient VenturesTouring Capital

Description

Numa, an AI platform for auto dealerships, announced it has secured $32 million in a Series B funding round. The funding will be used to expand its team and enhance product development, emphasizing the company's mission to create AI-native dealerships.

Quick answer

Numa raised $32 Million in a Series B round, dated October 1, 2024. Investors: Mitsui & Co., Costanoa Ventures, Threshold, Gradient Ventures and Touring Capital. Numa is based in Oakland, California, United States.

How much did Numa raise?
Numa raised $32 Million in a Series B round on October 1, 2024.
Who invested in Numa?
Mitsui & Co., Costanoa Ventures, Threshold, Gradient Ventures and Touring Capital are named as investors in this round.
What does Numa do?
Numa is an artificial intelligence (AI) platform that focuses on transforming auto dealerships.
Where is Numa based and how big is it?
Numa is based in Oakland, California, United States. Fundz records about 171 employees.
Who are the decision-makers at Numa?
Fundz holds 2 contacts at Numa, including the Director of Sales- West at Numa. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as Numa that raised within 45 days of this round, from Fundz verified event records.

  • Team-GPT raised $4.5M (Seed) on November 15, 2024.
  • Clay raised $40M on November 15, 2024.
  • Zeplyn raised $3M (Seed) on November 13, 2024.
  • Siit raised $5M (Seed) on November 7, 2024.
  • Plato raised $6.5M (Pre-Seed) on November 4, 2024.
  • Cascade AI raised $3.8M (Seed) on October 24, 2024.

Who to call at Numa, and when

A new round usually means Numa is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Numa

Location

Oakland, California, United States

About

Numa is an artificial intelligence (AI) platform that focuses on transforming auto dealerships. The platform streamlines operations by automating repetitive tasks and enhancing customer interactions. Numa's mission is to power AI-native dealerships, making their operations smarter and more customer-centric. Their AI agents significantly reduce customer response times and improve service adviser productivity.

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Related People

2 contacts
Verified contactsMonty W., Director of Sales- West at Numa hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Numa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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