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Total raised

$1.1M

1 filing since 2025 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $1.1M
ROUNDS
1
INVESTORS
21
FOUNDED
2023
HQ
Fairfax, VA
SECTOR
SaaS
EMPLOYEES
N/A
30D VIEWERS
N/A

AI overview

Updated

SumX, Inc. builds SumX AI, a cloud-based ERP platform for project-driven organizations. The system covers project budgeting and forecasting, timesheets and labor distribution, indirect cost allocation, procurement and purchase orders, accounts payable, and general ledger reporting in one product. It is purpose-built around DCAA compliance for US government contractors, with automated segregation of direct and indirect costs. Subscriptions start at $30 per employee per month with implementations advertised from $1,000.

What sets it apart

A DCAA-compliant, AI-assisted ERP priced per employee per month with month-scale implementations, positioned against legacy GovCon accounting systems that are slower and far more expensive to deploy.

Funding history

1 round
Equity+2Jul 1, 2025 · $25K min
Form D/A
+$1.1M$1.1M total

Latest SEC filings

via EDGAR · CIK 0002081378
Form D/A · Jul 1, 2025View on EDGAR

Products

1 tracked

SumX AI

Enterprise resource planning software

A modular cloud ERP for project-driven businesses covering project accounting, time tracking, budgeting, procurement, workforce management, and financial reporting.

  • Project budgeting and forecasting
  • Timesheets with mobile app, GPS location tracking and geofencing
  • Indirect cost allocation and labor distribution
  • Purchase orders and procurement