Digits

Digits is fintech startup offering a free expense monitoring dashboard for small businesses.

Digits is hailing from the same team that built and sold Crashlytics to Twitter.

Digits was founded in 2018 by Wayne Chang and Jeff Seibert. The company is headquartered in San Francisco, California.

 

Digits' first product: a reporting tool called Digits Reports. Reports lets users — typically those users would be accountants or other finance professionals — hover over accounting lines to get deeper analytics and visualizations to put a transaction into better context.

 

Digits connects with the accounting software, banks, payroll providers, financial packages, sources of revenue and credit cards the business already uses — like Xero, QuickBooks, NetSuite, Citi, Bank of America or Chase, for example.

 

Digits also uses machine learning technology to predictively categorize transactions as they happen and the software can alert users to anomalies — like suspicious activity or unexpectedly large transactions  in real time.

 

Digits is backed by GV, SoftBank’s Vision Fund, Benchmark, Founders, 20VC Growth, and others. The company raised $65M in a Series C round on Mar 24, 2022. This brings Digits' total funding to $97.5M to date. The latest round valued the company at a $565M post-money.

 

 

  • Year founded: 2018
  • Funding Info: $97.5M over 3 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: Valued at $565M as of Mar 24, 2022
  • City/Town: San Francisco
  • State: California
  • Country: United States
Related businesses