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Digits Launches Digits Reports; Announces $65M Series C Led By Softbank

Mar 24, 2022•over 3 years ago

Amount Raised

$65 Million

Round Type

series c

San Francisco

Description

Digits, a real-time finance and accounting platform for small businesses, announced the close of its $65 million Series C funding round led by SoftBank with participation from Harry Stebbings' 20VC Growth, as well as GV and Benchmark. The latest round brings Digits total funding to $97.5 million and values the company at $565 million as it launches its first major product.

Company Information

Company

Digits

Location

San Francisco, California, United States

About

Digits is a financial management platform that offers business professionals access to real-time financial data and the ability to analyze their accounts through the Digits Living Model. The Living Model is an A.I.-enhanced technology that perpetually runs millions of calculations, monitoring every business transaction and surfacing high-impact insights. Digits has also received funding from founders, CEOs, and board members of Box, Github, Carta, Tinder, Gusto, and more. Since the company's inception in 2018, Digits has received numerous awards, including Business Insider's Top 100 Startups, BuiltIn SF's Top 50 Startups to Watch and Equal Ocean's Next 50 in Global Fintech. Learn more at http://www.digits.com. SOURCE Digits

Funding Insights

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