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Digits is a technology company.
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.
Digits provides an AI-native general ledger and comprehensive accounting software designed for modern businesses. Its platform delivers automated bookkeeping, real-time financial reporting, and intelligent tools for bill pay and invoicing. The technical approach leverages artificial intelligence to provide continuous, accurate categorization and interactive insights, fundamentally transforming traditional financial management processes for enhanced clarity and efficiency.
The company was co-founded in 2018 by Jeff Seibert and Wayne Chang. Seibert, previously Twitter's Head of Product, and Chang identified a significant opportunity to apply advanced AI to the often-manual and backward-looking field of accounting. Their vision was to create a proactive financial system that provides real-time understanding and automation, moving beyond retrospective data entry to offer forward-looking financial intelligence.
Digits serves a broad base of business owners, startups, small businesses, and accounting firms. It aims to empower these users with immediate access to their financial health and streamline operations. The company's long-term vision centers on building an intelligent financial system that truly works for its users, enabling them to make informed decisions and achieve greater operational agility through AI-driven insights and automation.
Key people at Digits.
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]
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.
Digits has raised $98.0M across 3 funding rounds. Most recently, it raised $65.0M Series C in March 2022.
