Nominal Analysis
What is Nominal?
AI automation platform for finance operations
Employees
11-50
Founded
2018
Valuation
$20.0M
Product Features & Capabilities
- AI-powered transaction matching for ledger reconciliation
- Financial consolidation with real-time data across entities
- Generative workflows for automating accounting tasks
- AI-driven close management for month-end processes
- Financial analysis agents providing narrative insights on variances.
Use Cases
Automate intercompany reconciliations and eliminations; Streamline month-end close processes with AI; Generate real-time financial reports and insights; Match transactions across multiple accounts and entities; Provide CFO-level analysis and dashboards.
Other Considerations
Raised $20M in funding; Focuses on security and privacy in financial operations; Offers seamless integration with existing ERP systems.
Gtm Strategy
Nominal employs a sales-led growth strategy, as evidenced by their emphasis on demo bookings, lack of transparent pricing, and educational resources aimed at guiding potential customers through a structured engagement process. This approach suggests a focus on building high-touch relationships with finance teams rather than optimizing for rapid user adoption and virality.
Trade Show Presence
Nominal has participated in the following events over the past year:
- The Future of Finance: Agentic AI Live at Nasdaq - May 26, 2023, at Nasdaq HQ in New York City.
- From Complexity to Clarity: Clear Entity Strategies - October 23, 2023, a webinar.
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