Announced
Completed
Financials
Sources
Tags
business intelligence
Minority
predictive analytics
Friendly
Venture Capital
Completed
Acquisition
Private Equity
Cross Border
United States
Single Bidder
FinTech
fintech
Private
Synopsis
Softbank Vision Fund, a venture capital fund, led a $65m Series C round in Digits, a financial management platform, with participation from 20VC Growth, GV, and Benchmark. "We've invested the last three years in building the technological foundations required to understand and model business finance, in real-time, as transactions happen. We call this the 'Living Model. Using advanced algorithms and machine learning, Digits automatically understands each business at the object level–its customers, suppliers, bank accounts, employees, and so on–and the transactions between them. This is what makes products like Digits Reports so powerful, yet so intuitive," Jeff Seibert, Digits Co-Founder..
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