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§ Private Profile · 40 Temperance St Ste 3200, Toronto, Ontario, M5H 0B4, Canada
Nmbr is a technology company.
Nmbr provides embedded payroll software, allowing businesses to integrate comprehensive payroll functionalities directly into their platforms. It specializes in modern, scalable fintech solutions, simplifying payroll creation and implementation for the Canadian market. Its core offering enables enterprises to build custom payroll experiences within their systems.
The company was co-founded by Simon Bourgeois and other former engineering leaders, leveraging significant experience from a leading Canadian HR and payroll software provider. Their insight: complex financial products could be simplified and embedded, empowering businesses to offer sophisticated payroll services without extensive internal development.
Nmbr serves businesses enhancing their product suites with integrated payroll capabilities. Its vision is to lead the embedded fintech sector, beginning with payroll, by making essential financial processes more accessible and straightforward for a wide array of Canadian enterprises.
Nmbr has raised $6.0M across 1 funding round.
Nmbr has raised $6.0M in total across 1 funding round.
Nmbr has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2024 | $6M Seed | — | AME Cloud Ventures, Atomic, First Round Capital, Golden Ventures, Hardware Club, Y Combinator | Announced |
Nmbr has raised $6.0M in total across 1 funding round.
Nmbr's investors include AME Cloud Ventures, Atomic, First Round Capital, Golden Ventures, Hardware Club, Y Combinator.
NMBR Systems is a software development and consultancy firm based in Erie, Pennsylvania, specializing in custom software solutions, application development, MVP creation, and AI-driven data analysis to help businesses across industries like finance, healthcare, retail, and construction transform through innovation.[1][2] Founded in 2016, the company employs Agile methodologies to deliver end-to-end services from wireframing and prototyping to testing, deployment, and ongoing support, serving over 25 clients with a team of about 33 employees and annual revenue under $5 million.[1][2] It builds disruptive products tailored to client needs, focusing on turning ideas into production-ready solutions while leveraging technologies like machine learning for predictive analytics, churn modeling, and sales forecasting.[1][4]
(Note: Search results also reference Nmbr.co, a separate Canadian payroll infrastructure provider for SaaS platforms and financial institutions, but the query specifies "Nmbr" as the technology company NMBR Systems.[3][5])
NMBR Systems launched in February 2016 in Erie, Pennsylvania, with a focus on software development consultancy and custom solutions using Agile practices.[2] The company's backstory centers on addressing business transformation needs through innovation, starting with application services and expanding into data analytics and AI as client demands grew.[1][2] Early traction came from serving diverse industries including finance, construction, property, retail, healthcare, and hi-tech engineering, building a portfolio of products and accumulating over 25 clients within its first decade.[1][2] Key pivotal moments include scaling services to cover full development cycles—from MVP research and prototyping to production and DevOps support—while maintaining a small, specialized team.[2][4]
NMBR Systems rides the wave of digital transformation and AI adoption, where businesses increasingly seek custom software to leverage data for competitive edges like predictive insights and operational efficiency.[1][4] Timing aligns with the rise of Agile and cloud-native development, enabling small firms like NMBR to deliver scalable solutions without the overhead of large consultancies, especially amid growing demand for AI in analytics post-2016.[2][4] Market forces favoring it include the explosion of big data and machine learning use cases (e.g., churn reduction, forecasting), which empower mid-sized players to disrupt in sectors like finance and healthcare.[1][4] It influences the ecosystem by democratizing advanced tech for non-tech clients, fostering innovation in underserved industries through tailored MVPs and infrastructure-agnostic deployments.[2][4]
NMBR Systems is poised for steady growth by deepening AI integrations and expanding its client base in high-growth sectors like healthcare and finance, capitalizing on demand for predictive analytics and automated DevOps.[1][4] Trends like edge AI, real-time data pipelining, and microservices will shape its trajectory, potentially boosting its sub-$5M revenue through larger enterprise deals or partnerships.[1][2] Its influence may evolve from boutique consultancy to a key player in embedded AI solutions, solidifying its role in business disruption as it scales its 33-person team.[1][2] This positions NMBR Systems to continue turning ideas into market advantages, much like its core mission since 2016.[2]