“Can a fully AI-automated general ledger — trained on hundreds of billions in real SMB transactions — replace traditional bookkeeping software and the human accountant for small businesses and accounting firms?”
Founded in 2018 by the Crashlytics team as a broad SMB financial tools company, Digits spent its early years in stealth accumulating investor backing before publicly launching in 2022 with a reporting-first product. The company subsequently pivoted hard into AI-native accounting, positioning itself as the world's first 'Agentic General Ledger' trained on $875B+ in SMB transactions. The embedded finance angle is primarily upstream data connectivity: Digits ingests data from 12,000+ financial institutions via Plaid, then aggregates native integrations with Stripe, Ramp, Gusto, BILL, Mercury, and Arc to auto-categorize and close books without human intervention.
Digits connects to bank accounts through Plaid.
Digits integrates with Stripe, Ramp, Gusto, BILL, Mercury, Arc, Ignition, Karbon and 1 other.
The Embedded Finance Index 2026 maps 2 layers in Digits's stack: Open banking (Plaid); Accounting (Stripe, Ramp, Gusto, BILL and 5 others).
Digits was founded by Wayne Chang and Jeff Seibert and is founded in 2018, headquartered in San Francisco, CA, USA.
Digits has raised $97.5M+ in total (latest round: Series C, March 2022; valuation: $565M post-money (2022)).
Get a read on where your own stack stands against Digits and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.