Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Exclusive: Numeracle Raises $28M To Keep Legitimate Business Calls From Spam Label

Numeracle, a McLean, Virginia-based company that verifies businesses and links their identities to the phone numbers they use to contact customers, has raised $28 million from Edison Partners to help businesses whose calls are incorrectly labeled as spam or blocked by phone carriers.

Exclusive: Numeracle Raises $28M To Keep Legitimate Business Calls From Spam Label

Numeracle has secured $28 million in funding from Edison Partners to combat the issue of businesses' calls being incorrectly labeled as spam. Based in McLean, Virginia, the company verifies businesses and links their identities to the phone numbers they use for customer communication. This information is then shared with carriers' systems to remove incorrect labels.

The financing brings Numeracle's total funding to $34.8 million since its 2018 launch, including a $6.8 million Series A raised in December 2023. The company employs about 85 people and has around 4,000 business customers. Numeracle plans to use the new capital to expand internationally and adapt its tools for use beyond phone calls.

Company founder and CEO Rebekah Johnson, previously an engineer at telecom provider West, recognized the problem while working with the FCC's Robocall Strike Force in 2016. She started Numeracle with her life savings while living on a farm in Alabama. The company currently operates in the US but aims to expand internationally as businesses face challenges from fraudsters impersonating them and call-screening systems preventing their legitimate calls from reaching customers.

Written by urgent.news from Crunchbase News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at news.crunchbase.com →

More in Finance & Markets

More from Wednesday 28 October →