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SumX

Project accounting ERP for government contractors

Raised to date

$1.1M

across 1 Form D filing

Investors
21
Last filed
Mar 19, 2026

About

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.

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

  • EquityFiled Mar 19, 2026Form D/A
    $1.1M/ no target

Product

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

Built for

Small and mid-sized government contractors, plus architecture, engineering, construction, consulting, and not-for-profit organizations that run project-based accounting

People on file