Nominal Overview
The companys platform uses generative AI and cloud technology to modernize and automate accounting and financial management in mid-market businesses. The platform bridges the gap between legacy ERP systems and standard spreadsheets, providing robust reporting, multi-entity consolidation, workflow automation, and more.
Cumulative Funding Raised Over Time ($)
$9.2M
$29.2MJul 2025
Latest News
growth-positive
Nominal’s agentic platform promises to cut thousands of hours of manual accounting work.
Nominal, a company specializing in AI agents for enterprise resource planning (ERP) systems, has secured $20 million in a Series A funding round led by Next47 and Workday Ventures. This investment brings Nominals total funding to approximately $30 million. Founded in April 2023, Nominal aims to revolutionize financial operations by automating manual tasks such as account reconciliations and financial analysis. The company plans to double its workforce of 40 employees, split between Israel and the U.S., in the coming year. Nominals AI platform has already saved over 50,000 hours of manual accounting work, highlighting its potential to transform the ERP market.
InvestmentExpand
ב-Nominal פיתחו מערכת שרוצה לעשות סדר בתחום שנשלט על ידי עבודה ידנית, וסובל ממחסור משמעותי בכוח אדם
growth-positive
Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI | CTech
Israeli startup Nominal has raised $9.2 million in seed funding from investors including Bling Capital and Hyperwise Ventures. The companys platform uses generative AI and cloud technology to modernize and automate accounting and financial management in mid-market businesses. The platform bridges the gap between legacy ERP systems and standard spreadsheets, providing robust reporting, multi-entity consolidation, workflow automation, and more. The company, which currently employs 21 people, is looking to expand.
InvestmentExpand
| Sector | Fintech & Insurtech |
Funding
| Total funding | $29.2M |
| Last funding | $20M |
| Stage | A |
| Rounds | 2 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.nominal.so |
| Careers | Careers page |
Locations
Derech Menachem Begin 23, Tel Aviv-Jaffa, Israel
160 Varick St, New York, NY 10013, USA
Photos & Videos
No files yet
Nominal Business
Business models
B2B
Product stage
R&D
Employees
11-50
Sector
Fintech & InsurtechFinancial Operations SoftwareTarget Customer
Enterprise & Professional ServicesEnterprisesMarketing & SalesCore Technology
—Tags (1)
erpNominal Financials
$29.2M
Total funding
Undisclosed
Capital raised
$20M
Last funding
A
Funding stage
2
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$9.2M
$29.2MJul 2025
Private Equity Funding
A Round
Jul 2025
$20M
Workday Ventures (Lead), Next47 (Lead)
,
Incubate Fund, Bling Capital, Hyperwise Ventures
Seed
$9.2M
Bling Capital (Lead), Hyperwise Ventures (Lead)
,
Incubate Fund
Nominal Lifecycle
Cumulative Funding Raised Over Time
$9.2M
$29.2MJul 2025
All Events
A Round
Jul 2025
$20M
Workday Ventures (Lead), Next47 (Lead)
,
Incubate Fund, Bling Capital, Hyperwise Ventures
Seed
$9.2M
Bling Capital (Lead), Hyperwise Ventures (Lead)
,
Incubate Fund
Nominal News
3 articles
growth-positive
Nominal’s agentic platform promises to cut thousands of hours of manual accounting work.
Nominal, a company specializing in AI agents for enterprise resource planning (ERP) systems, has secured $20 million in a Series A funding round led by Next47 and Workday Ventures. This investment brings Nominals total funding to approximately $30 million. Founded in April 2023, Nominal aims to revolutionize financial operations by automating manual tasks such as account reconciliations and financial analysis. The company plans to double its workforce of 40 employees, split between Israel and the U.S., in the coming year. Nominals AI platform has already saved over 50,000 hours of manual accounting work, highlighting its potential to transform the ERP market.
InvestmentExpand
ב-Nominal פיתחו מערכת שרוצה לעשות סדר בתחום שנשלט על ידי עבודה ידנית, וסובל ממחסור משמעותי בכוח אדם
growth-positive
Nominal raises $9.2 million in Seed funding to modernize enterprise planning with GenAI | CTech
Israeli startup Nominal has raised $9.2 million in seed funding from investors including Bling Capital and Hyperwise Ventures. The companys platform uses generative AI and cloud technology to modernize and automate accounting and financial management in mid-market businesses. The platform bridges the gap between legacy ERP systems and standard spreadsheets, providing robust reporting, multi-entity consolidation, workflow automation, and more. The company, which currently employs 21 people, is looking to expand.
InvestmentExpand
Employee Info
| Employees (range) | 11-50 |
| Exact count | 49 |
| Team members | 2 |
Similar Companies
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Nominal Internal
Recent Updates
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Admin Info
| Confidence | 82/100 |
| Missing | tags, video or image, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516778644 |
| Crunchbase | nominal-75ce |
| Creator | Jenny Sotnik-Talisman |
| Creator email | jenny.sotnik@sncentral.org |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-10-28T00:00:00.000Z |
| Created | 2023-05-23T00:00:00.000Z |