Fundz

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

PRIVATEMar 24, 2022

Amount Raised

$65 Million

Round Type

Series C

San FranciscoProfessional ServicesSoftwareData And Analyticsinformation technology & services

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.

Quick answer

Digits raised $65 Million in a Series C round, dated March 24, 2022. Digits is based in San Francisco, California, United States.

How much did Digits raise?
Digits raised $65 Million in a Series C round on March 24, 2022.
What does Digits do?
Digits is accounting, reimagined.
Where is Digits based and how big is it?
Digits is based in San Francisco, California, United States. Fundz records about 78 employees.
Who are the decision-makers at Digits?
Fundz holds 1 contact at Digits. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Data And Analytics around the same time

Companies in the same sectors as Digits that raised within 45 days of this round, from Fundz verified event records.

  • PassiveLogic raised $15M (Funding Round) on April 12, 2022.
  • Lilt raised $55M (Series C) on April 7, 2022.
  • Emitwise raised an undisclosed amount (Series A) on March 31, 2022.
  • Bluon, Inc. raised $29M on March 25, 2022.
  • Phrasee raised an undisclosed amount on March 16, 2022.
  • Birdeye raised $60M (Series C) on March 10, 2022.

Who to call at Digits, and when

A new round usually means Digits is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Digits raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Digits, from your own LinkedIn network

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Company Information

Company

Digits

Location

San Francisco, California, United States

About

Digits is accounting, reimagined. Picture clean books, powerful insights, and intuitive reports—all delivered right as the month ends (not 2-3 weeks late!) at half the cost of any traditional firm. Digits has built the first modern accounting platform in 20+ years, designed from the ground up to automate bookkeeping and accounting for tech-forward businesses. Digits pairs cutting-edge AI with expert US-based CPAs to provide full-service accounting to Pre-Seed to Series B startups, and sells automation software to top accounting firms. Founded in 2018 by serial entrepreneur Jeff Seibert, Digits launched in November 2023 and is backed by $97.5M in funding from Benchmark, GV, Softbank, and 70+ angel investors.

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1 contact
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Digits raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.