Numeracle Secures Funding To Combat Spam Labels On Legitimate Calls
Numeracle has raised capital to help businesses avoid being mislabeled as spam, according to Crunchbase News. This issue affects companies whose calls are blocked by phone carriers.
Original reporting · news.crunchbase.com
Original: “Exclusive: Numeracle Raises $28M To Keep Legitimate Business Calls From Spam Label”
Read “Exclusive: Numeracle Raises $28M To Keep Legitimate Business Calls From Spam Label” at Crunchbase News →
How this was written. Awesome B2B Growth wrote this article with a language model from Crunchbase News’s reporting (model: @cf/meta/llama-3.3-70b-instruct-fp8-fast); it describes that reporting rather than adding to it. The original, linked above, is the full story.
Key points from Crunchbase News’s report
- Numeracle has raised $28 million in funding to combat spam labels on legitimate calls
- The company verifies businesses and links them to their phone numbers to prevent mislabeling
- Numeracle plans to expand internationally and adapt its verification tools for use beyond phone calls
Numeracle, a company based in McLean, Virginia, has obtained $28 million in funding, Crunchbase News reported. This investment brings the company's total funding to $34.8 million since it was founded in 2018. The company's goal is to verify businesses and prevent their calls from being incorrectly labeled as spam.
Numeracle's service involves verifying the identity of businesses and linking them to their phone numbers, which are then shared with phone carriers to prevent mislabeling. The company has roughly 4,000 business customers and about 85 employees, and it became profitable this year. Numeracle plans to use its new funding to expand internationally and hire more staff.
The company's expansion plans also include adapting its verification tools for use beyond phone calls, such as in messaging and chat apps. This move is driven by the growing problem of fraudsters impersonating businesses, which can lead to legitimate calls being blocked. Numeracle's service helps businesses to display their name, logo, and reason for calling on a recipient's phone, which can increase the chances of their calls being answered.
Numeracle's founder and CEO, Rebekah Johnson, recognized the problem of legitimate calls being mislabeled as spam while working in regulatory compliance at a telecom provider. She started the company after warning carriers that their efforts to identify unwanted calls would also affect legitimate businesses. Johnson's experience in the telecom industry has helped her build relationships with companies that can bring Numeracle's product to customers.
Johnson's leadership and industry knowledge were key factors in Edison Partners' decision to invest in Numeracle. The company has accomplished a lot with relatively little funding, and its service has already shown positive results for its customers. For example, one contact center operator reported an increase in answered calls after using Numeracle's service.
Looking ahead, Numeracle sees demand for its service across various industries, including healthcare and finance, as AI makes impersonation more prevalent. The company's ability to verify businesses and prevent mislabeling will be crucial in helping companies to reach their customers effectively.
Questions and answers
What problem does Numeracle's service address?
Numeracle's service helps businesses to avoid being mislabeled as spam, which can lead to their calls being blocked by phone carriers.
How does Numeracle's service work?
Numeracle verifies the identity of businesses and links them to their phone numbers, which are then shared with phone carriers to prevent mislabeling.
What are Numeracle's expansion plans?
Numeracle plans to expand internationally and adapt its verification tools for use beyond phone calls, such as in messaging and chat apps.
