Numeracle, a McLean, Virginia-based company, has raised $28 million from Edison Partners. This financing brings Numeracle's total funding to $34.8 million since its inception in 2018, including a $6.8 million Series A round in December 2023. Edison Partners was the sole investor in the latest round.
Numeracle verifies businesses and associates their identities with the phone numbers they use to contact customers. This information is then shared with carrier call-screening systems to prevent legitimate calls from being incorrectly labeled as spam or blocked. The company also offers a service for businesses to display their name, logo, and reason for calling on recipients' phones.
The company addresses a growing problem where legitimate business calls are blocked or flagged as spam, while fraudsters increasingly impersonate businesses. This can lead to critical calls, such as those from hospitals or banks, not reaching customers. Numeracle plans to use the new capital for hiring, international expansion, and adapting its verification tools for other communication channels like messaging, chat apps, marketplaces, and AI agents.
Founder and CEO Rebekah Johnson, an engineer with a background in regulatory compliance, identified the issue during her participation in the Federal Communications Commission's Robocall Strike Force in 2016. She recognized that call-screening systems lacked sufficient information to differentiate legitimate business calls from unwanted ones, leading to incorrect blocking and labeling.
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Numeracle secured $28 million in funding from Edison Partners to help businesses prevent their legitimate phone calls from being mislabeled as spam or blocked by carriers. The company verifies business identities and links them to phone numbers, sharing this data with call-screening systems to ensure proper call delivery and display business information to recipients.