About Digits
Digits is a Technology company based in San Francisco (United States) founded in 1995 by Jeff Seibert, and was acquired by Google in January 2017. SMS-based customer authentication and verification services are provided across platforms. Digits has raised $97.5 million across 3 funding rounds from investors including Google, SoftBank Vision Fund and Benchmark. The company has 26 employees. Digits has completed 1 acquisition, including Basis SO. Digits was last valued at $565 million in March 2022. Its chief executive, as recorded, is Jeff Seibert. Its website digits.com draws about 77 thousand monthly visits. Digits offers products and services including AI Bookkeeping, AI Financials, AI Invoicing, and AI Bill Pay. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its legal entity is DIGITS FINANCIAL. Its competitors include BlackLine, Wolters Kluwer and HighRadius; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 1995 in San Francisco, United States, Digits operates in the mobile authentication sector. SMS confirmation codes are sent to users for identity verification on Android, iOS, tvOS, and web platforms. Support is extended to over 34 languages across 223 countries. Clients such as BuzzFeed, Periscope, and Dubsmash have been served. The company was acquired by Google in January 2017, integrating its technology into Firebase phone authentication.
- Headquarters San Francisco, United States
- Employees 26
- Founders Jeff Seibert
- Stage Acquired
- SectorsTechnology
- Website digits.com
- Social LinkedIn X
- Acquired by Google (Jan 2017)
- Legal Name Digits Financial
Products & Services of Digits
Digits offers a comprehensive portfolio of products and services, including AI Bookkeeping, AI Financials, AI Invoicing, and AI Bill Pay.
Automates transaction categorization and financial records for accuracy.
Provides real-time insights and interactive reports for business metrics.
Streamlines invoice creation and payment tracking for faster collections.
Enables easy approval and processing of bills through a user-friendly interface.
Funding Insights of Digits
Digits has successfully raised a total of $97.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $65 million completed in March 2022. 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.
- Total Funding $97.5M
- Total Rounds 3
- Last Round Series C — $65M
- First Round $10.5M
(Nov 2019)
- Investors Count 21
All 3 funding rounds of Digits with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $65M | Series C | $565M | SoftBank Vision Fund | |
| Apr 2020 | $22M | Series B | – | Google Ventures | |
| Nov 2019 | $10.5M | Series A | – | Benchmark |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $565M | •••••••• |
Last known valuation $565M (Mar 2022). 22 investors in total: 5 institutional and 17 angel.
Investors in Digits
Digits has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Google, SoftBank Vision Fund and Benchmark.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and startups. | 2016 | visionfund.com | London, United Kingdom | |
Venture capital investments are offered to promising startups. | benchmark.com | San Francisco, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage startups at venture-media intersections are funded by 20VC Fund. | 20vc.fund | London, United Kingdom | ||
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more | 1998 | google.com | Mountain View, United States | |
AL Aaron Levie | unknown_b6338381f52743409 | |||
DC Dick Costolo | Former Twitter CEO, angel investor, and tech entrepreneur with global influence | unknown_154c8b64bfee450ab | ||
AB Adam Bain | Angel investor, ex-Twitter COO, supports Indian startups | unknown_c6a3c470c98f4282a | ||
AR Ali Rowghani | Managing Partner at Y Combinator, ex-COO of Twitter, active angel investor | unknown_b0deb572d9c84d72b | ||
DC David Cancel | Serial entrepreneur, angel investor, and co-founder of Drift, based in Boston. | unknown_1f84065043c848d59 |
Investor details for Digits
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
People of Digits
25 people are tracked at Digits (5 in leadership, 2 in board & advisors, 18 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Jeff Seibert | Co-Founder & CEO | Leadership |
Rob Hamilton | Head of Partnerships & Business Development | Leadership |
Sarah Penny | Head of Talent | Leadership |
James Dakota Monk | Head Of Brand Marketing | Leadership |
Bebe Kim | Head Of Marketing | Leadership |
Peter Fenton | Director | Board & advisors |
Jessica Verrilli | Director | Board & advisors |
Jarred Jack-Harewood | Software Engineer | Team |
John J. Mills | Creative Developer | Team |
Nikki Cornell | Software Engineer & Program Manager | Team |
Carlos Gil | Engineering & Product Lead | Team |
Yass Baharvandy | Product Manager | Team |
Allison Fox | Strategic Events | Team |
Joseph Huckaby | Product Specialist, Accounting Firm Partnerships | Team |
William N. | Engineer | Team |
Cole Howard | Machine Learning Engineer | Team |
Cole Chandler | Recruiter | Team |
Mark Roseboom | Software Engineer | Team |
Chanel Chang | Software Engineer | Team |
Robert Reed | Engineer | Team |
5 more people are available in the full profile.
Complete people profiles for Digits
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Investments & Acquisitions by Digits
Digits has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Basis SO.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial management and planning software for businesses | basis.so | Sacramento, United States | 2020 | Jun 2024 | •••• |
Complete acquisition details for Digits
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
Verified entity values are shown only after access is granted.
Timeline of Digits
6 dated milestones of Digits across 29 years, from founding to its latest funding, stage changes and deals.
Competitors of Digits
Digits has 3 listed competitors in our database, 2 of them funded. They include BlackLine, Wolters Kluwer and HighRadius.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackline.com | 2001 | Los Angeles, United States | $200M | 1,042 | AI-based accounting processes are automated for businesses. | |
| wolterskluwer.com | 1836 | United States | 16 | Enterprise legal processes are managed via an AI-powered platform. | ||
| highradius.com | 2006 | Houston, United States | $484M | Autonomous finance and payment solutions are provided to businesses. |
Detailed competitors of Digits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Digits
The website of Digits (digits.com) receives about 77.3K visits a month.
- Monthly visits77.3K
▲ 20.9% vs previous month
Websites whose visitors overlap most with Digits. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gostats.com | 100% | View details | |||
| sitemeter.com | 87% | View details | |||
| pilot.com | 87% | 161.8K | #265,101 | View details | |
| squareboat.com | 87% | 28.1K | #1,121,019 | View details | |
info-pack.com | info-pack.com | 86% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Digits
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Digits (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Digits
Complete news archive for Digits
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Frequently Asked Questions about Digits
Digits was founded in 1995 and raised its 1st funding round 24 years after it was founded.
Digits is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Jeff Seibert is the CEO of Digits, as recorded in our data. They have also founded this company.
Digits is a funded company, having raised a total of $97.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.5M, raised on Nov 2019.
Digits has 26 employees.
Founded in 1995 in San Francisco, United States, Digits operates in the mobile authentication sector. SMS confirmation codes are sent to users for identity verification on Android, iOS, tvOS, and web platforms. Support is extended to over 34 languages across 223 countries. Clients such as BuzzFeed, Periscope, and Dubsmash have been served. The company was acquired by Google in January 2017, integrating its technology into Firebase phone authentication.
Digits's top competitors include BlackLine, HighRadius and Wolters Kluwer.
Digits offers AI Bookkeeping, AI Financials, AI Invoicing, and AI Bill Pay.
Digits has made 1 acquisition, including Basis SO.
Digits has 22 investors. Key investors include Google, SoftBank Vision Fund, Benchmark, Google Ventures, and 20VC Fund.
The valuation of Digits is $565M as of Mar 2022.
Digits operates through Digits Financial.