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Fortune Term Sheet· Catherina Gioino·· 1 hours agoTop DealsAI Score58

Numica raises $21M to buy small accounting firms and run their work on AI

Meet the AI company retiring your CPA so he can still see you face to face this tax season

AI Overview

Numica, a New York startup that buys small accounting practices from retiring owners and moves their work onto its AI software.

Why it matters

Numica's roll-up model shows how AI software can absorb back-office accounting work while retiring CPAs keep client relationships, a concrete template for AI-driven consolidation of small professional firms.

Source:Fortune Term Sheet · fortune.com

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