About Dext
Dext is a company based in Altrincham (United Kingdom) founded in 2010 was acquired by HgCapital Trust in April 2021. Dext has raised $144.1 million across 6 funding rounds from investors including Canadian Imperial Bank of Commerce, HgT and Kennet Partners. Dext has completed 1 acquisition, including Xavier. Dext offers products and services including Receipt and Invoice Capture, Expense Management, Accounting Software Integration, and Document Storage. Dext operates in a competitive market with competitors including Kivra, Neat, Hubdoc, Docsumo and ReceiptHero, among others.
- Headquarter Altrincham, United Kingdom
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Sectors
Technology
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Email
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Receipt Bank Ltd
- Date of Incorporation 13 Dec, 2022
- Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$144.1 M (USD)
in 6 rounds
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Latest Funding Round
Not available
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Investors
Canadian Imperial Bank of Commerce
& 56 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
HgCapital Trust
(Apr 12, 2021)
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Products & Services of Dext
Dext offers a comprehensive portfolio of products and services, including Receipt and Invoice Capture, Expense Management, Accounting Software Integration, and Document Storage.
Mobile app for scanning and digitizing receipts and invoices automatically
Streamlines expense reports and approvals for efficient tracking
Connects with software like Xero for seamless data transfer
Securely organizes business documents using AI for easy access
People of Dext
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Software Development Team
43 people
Sales and Marketing
15 people
Data Analysis and Operations Team
9 people
Human Resources and Administration
8 people
Product Management Team
6 people
Board Team
4 people
Head Team
4 people
Team Team
3 people
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Funding Insights of Dext
Dext has successfully raised a total of $144.1M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Dext
Dext has secured backing from 57 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, HgT and Kennet Partners.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in fintech startups
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Investment firm scaling software and technology companies from early to late stages.
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Tech and offline focused VC firm investing primarily in the US and Europe
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Locked | Locked | Locked |
Investor details for Dext
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Dext
Dext has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Xavier.
Investment portfolio details for Dext
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Audit automation software
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Locked | Locked | 2018 | Locked |
Complete acquisition details for Dext
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- Disclosed values
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Financial Statements - Dext
Detailed financials for Dext
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- Profit trends
- Statement rows
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Dext Comparisons
Peer comparison for Dext
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Dext
Dext operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kivra, Neat, Hubdoc, Docsumo and ReceiptHero, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Invoice digitization tools are provided for business data management.
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Cloud-based digital filing systems are provided for small businesses.
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Financial documents are automated and managed for accountants and businesses.
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Data from unstructured documents is extracted via cloud-based automation.
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Receipt digitization and online payment solutions are provided for businesses.
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Detailed competitors of Dext
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- Full company profiles
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Latest news on Dext
Complete news archive for Dext
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Frequently Asked Questions about Dext
Dext was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Dext is headquartered in Altrincham, United Kingdom. It is registered at Altrincham, Greater Manchester, United Kingdom.
Sabby G Gill is the current CEO of Dext.
Dext is a funded company, having raised a total of $144.1M across 6 funding rounds to date.
Provider of bookkeeping automation software for businesses and accountants. This software automates the capture, processing, and management of expense and invoice records. It integrates with major accounting software packages and offers features such as mobile receipt capture, expense report management, and secure document storage. The platform aims to streamline financial processes, reducing manual data entry and freeing up time for other business tasks. It provides various tools to efficiently manage expenses and invoices, improving accuracy and organization.
Dext offers Receipt and Invoice Capture, Expense Management, Accounting Software Integration, and Document Storage.
Dext has made 1 acquisition, including Xavier.
Dext has 57 investors. Key investors include Canadian Imperial Bank of Commerce, HgT, Kennet Partners, Augmentum Fintech, and Rushmore.