Numeracle raised $28 million from Edison Partners, bringing its total funding to $34.8 million since 2018. The McLean, Virginia-based company verifies businesses and links their identities to phone numbers, then shares that information with carrier call-screening systems to prevent legitimate business calls from being flagged as spam.
Founder and CEO Rebekah Johnson said the company raised a $6.8 million Series A in December 2023 and became profitable this year. Numeracle has roughly 4,000 business customers and about 85 employees.
The company charges annual subscriptions to monitor and address incorrect spam labels. Customers can also pay per-call fees to display their business name, logo and reason for calling on a recipient's phone.
Numeracle plans to use the new capital to hire and expand internationally. Johnson said the company is also adapting its verification tools for messaging, chat apps, marketplaces and AI agents.
Johnson, an engineer who previously worked in regulatory compliance at telecom provider West, started Numeracle after participating in the FCC's Robocall Strike Force in 2016. She warned carriers that their call-screening systems lacked information about legitimate callers and would block their calls. She said a carrier's federal regulatory counsel called her months later saying "Everything you said was going to happen is happening. What do we do?" That conversation prompted her to start the company.
Johnson was a newly single mother who had lost her job and used her life savings to start Numeracle while living on a farm in Grand Bay, Alabama without internet access. About 90% of Numeracle's sales inquiries come through unpaid inbound channels, she said.
Lenard Marcus, a general partner at Edison Partners, said Johnson's telecom and engineering experience was a major reason to invest. One contact center operator told Marcus that Numeracle increased answered calls from 19,000 to 22,000 out of 40,000 calls a month.