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Docyt

“Can an AI-native accounting ERP built for hotels replace QuickBooks and the surrounding back-office stack?”

Founded2016
HQSanta Clara, California, USA
Latest roundSeries B, $12M
IndustryHorizontal SaaS / Accounting
Websitedocyt.com ↗
The story

Founded 2016 in Silicon Valley as an AI bookkeeping automation platform for SMBs and accounting firms. By 2026 pivoted hard into vertical AI ERP for hospitality (hotels, franchises), positioning as a one-stack replacement for QuickBooks + bill-pay + BI. Recent moves emphasize a proprietary ledger ("Docyt's own ledger"), forward-deployed engineers, and an Accountant Copilot for accounting firms — a bet that vertical + AI + services is more defensible than horizontal SMB bookkeeping.

Last 12 months
2026
Product timeline
2016
Docyt founded as an AI-powered bookkeeping automation platform for SMBs and accounting firms.· pivot
2023
Launched ExpenseFlow, RevFlow, ClosingFlow, InsightFlow suite for QuickBooks add-on customers.· banking
2026
Launched Docyt HpAI (High Precision Accounting Intelligence) and Docyt Accountant Copilot; repositioned as AI-native ERP for hotels.· pivot
The stack
8 layers disclosed in Docyt’s embedded-finance stack
Payments / PSP
Stripe
Ledger
Built in-house
Lending
Lender Partner Network
Open banking
Plaid
Accounting
QuickBooks, NetSuite
Spend / AP
Built in-house
Accounts Receivable
Built in-house
Tax
Vertex
Payments / PSP
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Accounting gap: none

Docyt — frequently asked

Who is Docyt's payment processor?

Docyt processes payments through Stripe.

What ledger does Docyt use?

Docyt runs its ledger on Docyt (in-house).

Which open banking provider does Docyt use?

Docyt connects to bank accounts through Plaid.

Which accounting software does Docyt integrate with?

Docyt integrates with QuickBooks and NetSuite.

What is Docyt's embedded finance stack?

The Embedded Finance Index 2026 maps 8 layers in Docyt's stack: Payments / PSP (Stripe); Ledger (Docyt (in-house)); Lending (Lender Partner Network (referral)); Open banking (Plaid); Accounting (QuickBooks and NetSuite); Spend / AP (Docyt ExpenseFlow (self-operated)); Accounts Receivable (Docyt (self-operated)); Tax (Vertex).

Where is Docyt headquartered?

Docyt is founded in 2016 and headquartered in Santa Clara, California, USA.

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