Decimal

decimal.com

HQ: Indianapolis, Indiana, United States

200

Business Products & Software Services

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Decimal is a privately held accounting technology and services company founded in 2020. It provides outsourced bookkeeping, tax, bill pay, payroll support, reporting, and advisory services for small and mid-sized businesses. In 2026, Decimal announced that it had sold its direct accounting-services business and was focusing on franchising its accounting-firm operating system to independent firm owners.

Primary product

An outsourced financial-operations platform and service model combining accounting professionals, workflow technology, standardized playbooks, and third-party financial software. The current strategic product is an operating system and franchise platform for independent accounting firms.

Founded

2020

Headquarters

Fully remote / United States; historically associated with Indianapolis, Indiana

Team size

30-50 currently; historical headcount was approximately 76 in June 2024 and approximately 100 in earlier company materials

Work style

Remote

Industry

Accounting and financial technology

Sub-industry

Outsourced accounting, bookkeeping, tax, bill pay, and accounting-operations software

Offices

Fully remote / United States

Indianapolis, Indiana, United States

Middletown, Delaware, United States

Distributed team members in the United States, Philippines, Morocco, and Canada

Business model

B2B managed services

Subscription / fixed monthly fee

Software-enabled services

Franchise platform and royalty model

Funding

Stage

Seed

Total raised

$9.2M

Latest round

Seed · Jun 2022

Latest amount

$9.2M

Seed

Jun 2022 · Arthur Ventures

$9.2M

People & investors

Leadership

Matt Tait

Co-Founder and CEO

Jacob Cloran

Co-Founder; formerly Chief Product Officer; current company leadership / franchise-platform role not clearly specified

Michael O'Connor

Chief Operating Officer

Nicole Freeman

VP of Finance

Jay Breeden

Managing Partner / Decimal franchise owner

Jason Thompson

Decimal franchise owner

Joe Van Deman

Decimal franchise owner

Colin King

Decimal franchise owner; CPA, CFA

Investors

Arthur Ventures

Individual angel investors

Service Provider Capital

Work & culture

Public materials emphasize a fully remote, distributed workplace; transparency; responsiveness; ethical leadership; collaboration; continuous improvement; innovation; learning; and building durable systems and playbooks. A 2024 tech-stack interview said Decimal tracked responsiveness, used Lattice for performance reviews and engagement surveys, and targeted responding to client outreach within two hours.

Work style

Remote

Compensation

Publicly reported compensation data is limited. A 2022 company interview cited an average customer contract value of approximately $18,500 annually, not employee compensation. Some international job postings mention government benefits, equipment, and training, but no reliable company-wide salary bands or equity policy were found.

Benefits

Fully remote workplace

Work from anywhere in the world, subject to role and employment constraints

Equipment provided for some roles

Government benefits for certain international roles through local employment partners

Learning and ongoing training

Mentorship and career development

Management opportunities

Flexible company culture

Product & market

Pricing

Fixed monthly pricing based on transaction volume, business complexity, number of locations, and selected services. Decimal generally routes prospects to a sales consultation rather than publishing a complete rate card. Third-party sources have cited approximate tiers of $395-$795+ per month, but those figures are not confirmed by Decimal's current website.

Differentiators

—Combines human accounting teams with workflow and financial-data technology
—Outsources a broad set of accounting operations rather than only bookkeeping
—Fixed monthly pricing with no hourly billing promoted by the company
—Dedicated accounting support and standardized processes
—Experience serving multiple SMB verticals and complex multi-location structures
—Operating-system and franchise model gives independent accounting firms standardized technology, delivery teams, playbooks, billing, compliance, and back-office infrastructure
—Platform approach integrates multiple point solutions such as QuickBooks, bill-pay, payroll, expense, and commerce systems

Technology

QuickBooks Online

QuickBooks

Xero

Sage Intacct

Expensify

Ramp

Settle

Routable

Synder

Front

Lattice

Rippling

SentinelOne

ADP

Gusto

Lacerte

TaxDome

Shopify

Stripe

Microsoft Excel / Microsoft 365 or GSuite equivalents

Customers

Branch

DriverReach

HyperTrader

Turnkey

Kim Angeli

Majestic Stone Imports

USA Diving

StarLifter

SaaS companies

E-commerce businesses

Home-services businesses

Dental and orthodontic businesses

Multi-location businesses

Professional-services firms

Nonprofits and manufacturers

Competitors

Pilot

Bench

Osome

Bookkeeper360

Paylocity

Intuit / QuickBooks

Xero

Sage

Bill.com

Outsourced bookkeeping and fractional-CFO firms

Scale & contact

Estimated revenue

Approximately $10M-$25M annually; low-confidence third-party estimate. RocketReach has reported approximately $20.2M, while Decimal has not publicly disclosed revenue.

Estimated monthly visits

7.3K

Traffic estimate as of Jun 2026

Signals & risks

Acquisition

Nov 2022

Decimal acquired KPMG Spark's SaaS bookkeeping assets. Financial terms were not disclosed. The acquired operation became Decimal Core, while Decimal's legacy business became Decimal Pro.

Source

Acquisition

Jun 2024

Decimal acquired the accounting-services business of Facta Inc. Employees were reportedly retained, bringing total headcount to approximately 76; financial terms were not disclosed.

Source

Other

Apr 2026

Decimal announced that it sold its direct accounting-services business and was going all in on franchising its operating system for independent accounting firms. This represents a major business-model transition and may change the company's workforce, customer relationships, and revenue mix.

Source

Other

Third-party company data indicates employee count declined to approximately 39, but the cause and timing of the decline are not publicly confirmed. No reliable public evidence of a formal layoff announcement was found.

Source

Latest news

Indy-based accounting tech firm Decimal switches business model, signs first franchisees

Indianapolis Business Journal · May 2026

Coverage of Decimal's franchise transition and signing of its first franchisees. This is important because it documents the company's move away from directly serving all accounting clients.

The firm worked great. We sold it anyway.

Decimal · Apr 2026

Decimal announced the sale of its direct accounting firm and a strategic shift toward franchising the operating system, technology, delivery teams, and playbooks it built for independent accounting firms.

Indianapolis accounting firm Decimal makes acquisition

Inside INdiana Business · Jun 2024

Decimal acquired Facta's accounting-services business, retained its employees, and increased reported global headcount to approximately 76.

Local accounting-tech firm Decimal acquires cloud-based bookkeeping business from KPMG

Indianapolis Business Journal · Nov 2022

Decimal acquired KPMG Spark's cloud bookkeeping business, adding approximately 80 employees and creating the Decimal Core and Decimal Pro operating divisions.

Decimal Raises $9.2mm Seed to Automate Accounting Operations for SMBs

PRWeb / Decimal · Jun 2022

Decimal announced a $9.2 million seed round led by Arthur Ventures, with participation from Service Provider Capital and individual angels. The company said it had been launched in January 2020 and operated remotely.

Jobs and careers at Decimal

9 jobs at Decimal

Senior Accounting Analyst

Remote

Philippines; Philippines, Philippines, Philippines

1mo ago

Remote

Full-time