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§ Private Profile · San Francisco, CA, USA
AI-powered accounting platform automating bookkeeping, financial reporting, and reconciliation for startups and small businesses.
Digits has raised $98.0M across 3 funding rounds.
Key people at Digits.
Digits was founded in 2018 by Wayne Chang (Board member, Co-Founder).
Digits has raised $98.0M in total across 3 funding rounds.
Based in San Francisco, California, Digits operates an AI-powered accounting platform that automates bookkeeping, financial reporting, and reconciliation processes for startups and small businesses. The company utilizes an autonomous general ledger and pairs artificial intelligence software with United States-based certified public accountants to deliver full-service financial management. The enterprise has raised approximately $100 million in total venture funding, including a $65 million Series C round that brought its post-money valuation to $565 million. Digits is backed by prominent venture capital firms such as SoftBank Vision Fund, GV, and Benchmark, and serves corporate customers including Mural. The platform recently introduced specialized accounting agents capable of automating over 93 percent of standard ledger tasks for its user base of several thousand startup founders. Digits was founded in 2018 by Jeff Seibert, Wayne Chang, and Galuh Titisari.
Digits is an AI-native accounting software company that automates bookkeeping, financials, invoicing, and bill pay for startups, small businesses, and accounting firms.[1][2] Its core products, including the Autonomous General Ledger (AGL) and AI Accounting Agents, handle up to 95% of bookkeeping workflows with superior accuracy and speed compared to human professionals, connecting unlimited banks, cards, payroll, and more for real-time insights like cash runway and burn rates.[1][2] With nearly $100 million in funding from top VCs like Benchmark, SoftBank, and GV, and estimated revenue of $10-50 million, Digits serves thousands of customers, enabling effortless setup, 24/7 AI categorization, and collaboration with accountants or tax partners.[1][2]
Digits was co-founded by Jeff Seibert and Wayne Chang, serial entrepreneurs from the team that built Crashlytics—a mobile analytics tool scaled and sold to Twitter for over $100 million.[1][3] After two years in stealth, Digits emerged around 2020-2021 with a $10.5 million Series A led by Benchmark (bringing Peter Fenton onto the board), followed by additional raises totaling nearly $100 million from SoftBank, GV, and others.[1][3] The idea stemmed from fintech innovation needs post-Crashlytics; after five years of stealth and a year of testing via full-service accounting, it publicly launched the world's first AI-driven Autonomous General Ledger in March 2025, followed by Accounting Agents days later.[1]
Digits rides the AI agentic automation wave in fintech, transforming manual accounting into 24/7 intelligent systems amid rising SMB digitization and AI adoption post-2025 launches.[1][2] Timing aligns with market forces like labor shortages in bookkeeping, demand for real-time financials in volatile startup environments, and AI's leap from chatbots to autonomous agents—positioning Digits ahead of legacy tools like QuickBooks.[1][2] It influences the ecosystem by partnering with accounting firms for hybrid human-AI models, enabling upselling to larger SMBs, and setting standards for AI accuracy in financial ops, much like Crashlytics did for mobile analytics.[1][3]
Digits is poised for explosive growth, expanding AGL and agents into full enterprise suites amid AI's commoditization of back-office tasks. Trends like multi-agent AI orchestration and embedded finance will amplify its edge, potentially capturing share from incumbents via superior automation and integrations. Its influence may evolve from startup darling to category leader, reshaping accounting as "software that works for you"—echoing its origins in building (and exiting) category-defining tools.[1][2][3]
Key people at Digits.
Digits has raised $98.0M across 3 funding rounds. Most recently, it raised $65.0M Series C in March 2022.
Digits was founded in 2018 by Wayne Chang (Board member, Co-Founder).
Digits has raised $98.0M in total across 3 funding rounds.
Digits's investors include Masayoshi Son, 20VC, 468 Capital, 8VC, 9Yards Capital, Adverb Ventures, Airtree Ventures, Altimeter Capital, Amino Capital, Benchmark, Broadway Angels, Cedar Capital Group.
