Numeracle, a company that verifies business identities to protect trusted communications, has closed a $28m growth round to push its Entity Identity Management platform into fresh sectors and geographies.

Edison Partners led the investment. The capital will go towards enlarging Numeracle’s go-to-market, sales, product and research and development functions, alongside building out its presence outside the US.

The raise comes as efforts to tackle telecoms fraud increasingly catch out genuine organisations. Call blocking and labelling systems run by carriers frequently flag or stop calls placed by hospitals, schools, airlines and other legitimate firms. Research carried out by Numeracle found that 69% of US consumers have let a call go unanswered, ignored it or rejected it because they did not trust the caller ID. At the same time, AI has lowered the barrier for criminals to set up sham companies, obtain phone numbers and pose as established brands.

Where many number reputation tools focus solely on the phone number itself, tracking spam labels and lodging appeals via free carrier channels, Numeracle starts earlier in the process. It first confirms that a business genuinely exists and is actively trading, and it uses that confirmed identity to head off incorrect labelling and to push carriers to remove it. Verified firms can then layer on branded calling, so their name appears on outgoing calls.

Numeracle has been providing identity infrastructure for communications since 2018. Its platform lets organisations check, establish and keep watch over the corporate identity of the businesses they deal with, then carry that verified status across voice, branded calling, Number Reputation Management and other channels.

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