Tech Company Financing Transactions
Docyt Funding Round
Docyt closed a $11.5 million Series A investment round on 4/6/2022. Investors included Lobby Capital, First Rays Venture Partners and Morado Venture Partners.
Transaction Overview
Company Name
Announced On
4/6/2022
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors
Proceeds Purpose
The funding will aid in securing top talent to expand the Docyt team and double down on customer acquisition.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
5255 Stevens Creek Boulevard Suite 220
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a client communication platform designed to automate financial and accounting processes. The company's platform uses an AI engine that automates processes like accounts payable, book-keeping, and cash-flow management while keeping all document exchanges secure and conversations well-organized, enabling small businesses and accountants to reduce the cost and technical complexity of bookkeeping and back-office tasks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sidharth Saxena
Chief Technical Officer
Sugam Pandey
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Where The Data Comes From
We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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