The accounting services provider was valued at $565m in a round led by SoftBank Vision Fund 2 and backed by GV.

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $65m series C round for US-based online accounting platform developer Digits yesterday at a valuation of $565m.

Internet and technology conglomerate Alphabet also took part in the round, through corporate venturing unit GV, alongside growth equity fund 20VC Growth and venture capital firm Benchmark.

Founded in 2018, Digits has developed artificial intelligence-powered software that monitors and analyses expenditures for small and medium-sized businesses in real-time, feeding insights back to the…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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