About Decimal
Decimal is a Technology company based in Indianapolis (United States) founded in 2006 by Matt Tait. Accounting and financial management services are provided by Decimal. It operates on a Professional Services and Subscription Services model. Decimal has raised $17.65 million across 6 funding rounds from investors including HHS, Arthur Ventures and Service Provider Capital. Decimal has completed 1 acquisition, including Decimal. Its chief executive, as recorded, is Matt Tait. Decimal offers products and services including Bookkeeping, Tax Services, Bill Pay, Expense Management, and Invoicing. Its focus areas include Financials, Accounting and Business Accounting Services. Its legal entity is Decimal LLC. Its competitors include Commerce Sync, Keeper and Dukka; 2 of its 3 listed competitors have raised funding.
Company details
Comprehensive accounting solutions are offered by Decimal, focusing on bookkeeping, tax services, bill pay, expense management, invoicing, financial reporting, payroll support, and advisory services. Various industries such as eCommerce, home services, dental, SaaS, professional services, nonprofit, and manufacturing are served. Tailored solutions are developed to meet specific business needs, leveraging technology to streamline processes. Transparent communication and reliable support are prioritized to ensure accuracy and operational efficiency for clients.
- Headquarters Indianapolis, United States
- Founders Matt Tait
- SectorsTechnology
- Website decimal.com
- Social LinkedIn X Facebook YouTube
- Legal Name Decimal Llc
Products & Services of Decimal
Decimal offers a comprehensive portfolio of products and services, including Bookkeeping, Tax Services, Bill Pay, Expense Management, and Invoicing.
Financial records are maintained and organized for businesses.
Tax preparation and filing are handled for clients.
Bills are paid on behalf of business clients.
Expenses are tracked and managed for business efficiency.
Invoices are created and managed for client billing.
Financial reports are prepared for business decision-making.
Payroll processes are supported for business employees.
Strategic financial advice is provided to business clients.
Apps and channels of Decimal
its YouTube channel Decimal has 45 subscribers and 30 videos.
Videos from Decimal
The most watched videos on Decimal's YouTube channel, Decimal (45 subscribers). Click a video to play it here.
More on Decimal.
Funding Insights of Decimal
Decimal has successfully raised a total of $17.65M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $9.2 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $17.65M
- Total Rounds 6
- Last Round Seed — $9.2M
- First Round $1M
(Jan 2014)
- Investors Count 7
All 6 funding rounds of Decimal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $9.2M | Seed | – | Arthur Ventures | |
| Mar 2017 | $1.7M | Series A | – | – | |
| Sep 2016 | $2M | Grant | – | – | |
| Mar 2015 | $2.25M | Series A | – | – | |
| Oct 2014 | $3.5M | Series A | – | – | |
| Jan 2014 | $1M | Seed | – | – |
7 investors in total: 7 institutional.
Investors in Decimal
Decimal has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include HHS, Arthur Ventures and Service Provider Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused seed & early stage VC firm | arthurventures.com | Minneapolis, United States | ||
Early-stage tech investments are made in US-based companies. | serviceprovidercapital.com | Golden, United States | ||
ScaleUP Ventures is focused on early-stage technology investments. | 2016 | suv.vc | Toronto, Canada | |
Seed & early stage tech-focused VC firm investing in geographies such as the US and Canada | evp.vc | Toronto, Canada | ||
Early-stage tech-focused micro VC firm funding companies in Canada | mantellavp.com | Toronto, Canada | ||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
It serves as a government backed investment fund focused on the economic growth of southern ontorio. | 2009 | feddevontario.gc.ca | Waterloo, Canada |
Investor details for Decimal
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Verified entity values are shown only after access is granted.
People of Decimal
21 people are tracked at Decimal (3 in leadership, 18 in team).
| Name | Role | Group |
|---|---|---|
Matt Tait | Co-Founder & CEO | Leadership |
Patrick Rodgers | Head of Revenue | Leadership |
Simon Kvilhaug | Director of Ops/Customer Success | Leadership |
Mandy Engel | Account Executive | Team |
Thomas Miller | SDR | Team |
Adam Ziegler | SDR | Team |
Everett Paschal | Account Executive | Team |
June Thompson | Implemenation Manager | Team |
Nicole Freeman | Pod Leader | Team |
Blakely Rogers | Operations | Team |
Theresa Cava | People | Team |
Isaac Cloran | Sales Intern | Team |
Joe Wojda | Account Executive | Team |
Corbin Jacobsen | Pod Leader | Team |
Jacob Cloran | Co-Owner | Team |
Ivan Neri | Analyst Team Leader | Team |
Kym Spurgin | Implementation Manager | Team |
Spencer Lehman | SDR | Team |
Jonathan Wise | SDR | Team |
Dimitry Simelgor | Implementation Team Manager | Team |
1 more people are available in the full profile.
Complete people profiles for Decimal
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Investments & Acquisitions by Decimal
Decimal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Decimal.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Tech-enabled online bookkeeping services for small businesses are provided. | kpmgspark.com | Salt Lake, United States | 1987 | Nov 2022 | •••• |
Complete acquisition details for Decimal
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Timeline of Decimal
4 dated milestones of Decimal across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Decimal is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $9.2M.
- Acquisition Acquires Decimal.
Competitors of Decimal
Decimal has 3 listed competitors in our database, 2 of them funded. They include Commerce Sync, Keeper and Dukka.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| commercesync.com | 2005 | Denver, United States | $36.87M | Retail transactions are synchronized with accounting systems for financial analysis. | ||
| keeper.app | 2020 | Walnut, United States | $125,000 | Cloud-based bookkeeping solutions are offered for small businesses. | ||
| dukka.com | 2021 | Dover, United States | Bookkeeping software is offered for small business financial management. |
Detailed competitors of Decimal
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Verified entity values are shown only after access is granted.
Web traffic of Decimal
The website of Decimal (decimal.com) receives about 9.5K visits a month.
- Monthly visits9.5K
▲ 7.5% vs previous month
Websites whose visitors overlap most with Decimal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gsquaredcfo.com | 100% | #1,642,073 | View details | ||
cooalliance.com | cooalliance.com | 98% | #2,103,310 | – | |
| escalon.services | 97% | 40.3K | #757,341 | View details | |
| cledara.com | 90% | 61.7K | #342,823 | View details | |
| zeni.ai | 90% | 95.8K | #379,941 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Decimal
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- 40 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Decimal (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Decimal
Complete news archive for Decimal
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Frequently Asked Questions about Decimal
Decimal was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Decimal is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Matt Tait is the CEO of Decimal, as recorded in our data. They have also founded this company.
Decimal is a funded company, having raised a total of $17.65M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 2014.
Comprehensive accounting solutions are offered by Decimal, focusing on bookkeeping, tax services, bill pay, expense management, invoicing, financial reporting, payroll support, and advisory services. Various industries such as eCommerce, home services, dental, SaaS, professional services, nonprofit, and manufacturing are served. Tailored solutions are developed to meet specific business needs, leveraging technology to streamline processes. Transparent communication and reliable support are prioritized to ensure accuracy and operational efficiency for clients.
Decimal's top competitors include Commerce Sync, Keeper and Dukka.
Decimal offers Bookkeeping, Tax Services, Bill Pay, Expense Management, and 4 more products and services.
Decimal has made 1 acquisition, including Decimal.
Decimal has 7 investors. Key investors include HHS, Arthur Ventures, Service Provider Capital, ScaleUP Ventures, and FedDev Ontario.
Decimal operates through Decimal Llc.