Digit

company

About

Digit is a finance app that analyzes your spending habits and automatically saves the perfect amount every day.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$11.30M
Industries
Analytics,Apps,Finance,Financial Services,Internet,Machine Learning,Payments
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

Digit is a finance app that analyzes your spending habits and automatically saves the perfect amount every day. The platform automates the day-to-day work of managing money so you don’t have to think about it. They help eliminate the stress and anxiety people feel about their finances while helping them build a proven foundation for the future they’re trying to achieve.

Digit keeps your money socked away in a separate account and your savings will depend on a number of variables, including how much money you keep in your checking account and what your saving and spending pattern. Their technology combines machine learning and behavioral psychology to provide a financial assistant you can trust to work toward your goals while you spend your time and effort on what’s most meaningful in your life. It saves the amount of money every day based on your spending and income and tells you the intelligent timeline for achieving them.

Digit was founded in 2013 and is headquartered in San Francisco, California, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$63.80M
Digit has raised a total of $63.80M in funding over 2 rounds. Their latest funding was raised on Sep 30, 2019 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 30, 2019 Series C $27.50M 1 General Catalyst Detail
Jun 2, 2016 Series B $22.50M 1 Detail
Jun 11, 2015 Series A $11.30M 1 General Catalyst Detail
Dec 16, 2014 Seed $2.50M 2 Detail

Investors

Number of Lead Investors
Number of Investors
2
3
Digit is funded by 3 investors. General Catalyst and Cooperative Capital are the most recent investors.
Investor Name Lead Investor Funding Round
General Catalyst Yes Series C
Cooperative Capital Seed
Operative Capital Seed