Nobody starts a business because they want to run a business.

As a founder, I know this personally. You start a company to solve a problem you’re passionate about, to offer a service that helps your community, or to build a product you believe simply must exist. And then the reality sets in: running the business is often the single worst part.

Through my experience building and selling companies, I've become intimately familiar with the tedium and frustration that goes along with business finance, the arcane knowledge you feel embarrassed not to know, and the impatience you feel each month waiting for the books to close.

I felt there had to be a better way.

Today, there finally is! Alongside our incredible team, I’m excited to announce the launch of Digits AI, the world’s first private, accurate, and secure finance AI for small businesses. All you have to do is ask…

Finally: AI-Powered Business Finance

In today's fast-paced world, you need to make business decisions in real-time, in the moment. You can't afford to wait days or weeks for financial reports, and you have better things to do than open QuickBooks, export data, and fiddle around in Excel.

With Digits AI, your finances are never a puzzle.

Starting today, instant answers to critical questions are at your fingertips. Just ask:

• “What is my burn rate?”
• “Who are my top five customers this month?”
• “How much did we spend on marketing so far this year?”

While Digits AI might not tell you who will win the 2026 FIFA World Cup, all your finance questions get answered in seconds, with clear explanations and intuitive charts that you can drop into a presentation or investor update.

Trained on over $300 Billion in small-business transaction volume, Digits AI represents a technological breakthrough in the application of state-of-the-art machine learning models to business finance.

You've seen all the hype around ChatGPT. Finally, you can experience the full power of large language models applied privately and securely to your business—saving you hours!

We're on a mission to fix small-business finance.

For too long, accountants and business operators have struggled with manual and repetitive financial tasks that waste valuable time. It’s finally time to replace tedium and confusion with fast and accurate automation—and regain hours of lost productivity.

Today, we're tackling one of the most frustrating and time-consuming parts of the accountant-client relationship: classifying and reconciling uncategorized transactions.

Every month, the process repeats itself:

• "What is Figma?"
• "Is this a business expense or personal?"
• "What was this Home Depot purchase for?"
• "What customer is this Stripe transaction for?"

Clients are too busy to answer. Accountants get blocked.

Enough is enough.

Turn Annoy into Joy

We’re excited to introduce Digits Transaction Review, our end-to-end solution for automatically identifying and booking uncategorized transactions and seamlessly collecting client input. Built on top of Digits underlying architecture, Transaction Review leverages the latest machine learning models to intelligently do the work for you, becoming smarter and more accurate with each use. Closing the books each month has never been faster or more delightful for your clients, turning them from annoyed to joyed.

We’re excited to share our latest May 2022 update. Head on over to the Digits Community site to read all about it and discover the latest for all things Digits.

Introducing Quarterly Reports

Welcome to Q2 Now, with the click of a button, you can generate beautiful, immersive quarterly reports packed with all the intelligent executive summaries and actionable insights you get from standard, monthly Digits Reports. Quarterly Reports pack all the same power: infinitely explore your data through elegantly presented numbers and popular features like Hover to Discover.

Preview Mode —
proof before you send

Measure twice, cut once—it’s no surprise that accountants and financial professionals care tremendously about the details. So, when it came to creating reports for their clients, they were naturally interested in how their work would be presented. Inquisitive and detail-oriented users can now preview and share both emails and reports with themselves to see and review exactly what the others will receive when they are shared a report.

Full April Change Log

Digits Reports + Digits Reports Builder

• Feature: Quarterly Reports Support

  • Users can now generate quarterly Digits Reports

• Feature: View-as-a-Client Support

  • Users can now preview a report before sharing it
  • Users can now preview an email before sending it
  • Designed a top banner to identify preview mode
  • Developed a tool-tip for better “Preview” text explanation

• User Experience Enhancements

  • Improvements related to date adjustments
  • Easier time period selection
  • Greater context awareness with expanded viewing around shared reports

Digits Search

• Added underlying support for searching across different view types
• Enhanced extraction of information from unstructured text
• Index transactions’ external display IDs

Client Portal

• Updated ordering and treatment of client lists

Living Model

• Optimized vendor information extraction via transaction descriptions
• Implemented a Digits specific banking-related NER model

Today’s finance tools fall far short of what accountants and finance teams deserve—immersive storytelling backed by intelligent analysis, powerful visuals, and instant answers.

It’s time to bid farewell to stale, black and white reports, tedious Excel models, and unsecured email attachments.

Let relics go the way of relics.

Financial reports are meant to tell a story. Today, that story is confusing—it’s told in a format that’s complicated, tough to understand, and hasn’t changed in decades. When business owners receive their monthly financials, they struggle to grasp the takeaway or what they should do about it. The burden falls upon them, their accountant, or their finance team to make sense of it all.

SoftBank Vision Fund 2 and Harry Stebbing’s 20VC Growth Back our Vision for the Future of Finance

As we’ve built Digits, we’ve been overwhelmed by the energy and excitement for our mission from founders, accountants, and investors alike, and we’ve been honored to have the financial backing of Benchmark, GV, and over 70 passionate angel investors to bring us to this point.

Today, we’re excited to announce the next chapter: our $65 Million Series C, led by SoftBank Vision Fund 2 with participation from Harry Stebbings’ 20VC Growth, as well as Benchmark and GV.

SoftBank’s extensive experience in global fintech and their shared commitment to long-term, meaningful impact in the spaces they invest in is an ideal partnership as we shift to our next stage of growth.

Meet Digits Reports

Welcome to the future of financial reporting. Digits Reports is a modern and secure format for live, interactive, collaborative financial statements.

Go ahead, play with the numbers. Features like Hover to Discover allow you to quickly see trends, deltas, and actionable insights.

Deep-dive on demand. Live connections to your underlying accounting software enable infinite exploration, with endless visualizations.

Collaborate seamlessly. With one-click secure sharing, send and receive reports that invite exploration while keeping sensitive information safe.

The Builder Behind the Scenes

The true power of Digits Reports lies in the editor.

Behind the scenes, Digits Reports Builder is the pro-tool we’re giving to accountants and finance professionals, letting you create highly-visual, interactive reports in a fraction of the time.

Go ahead, tell the story you’ve always wanted.

A picture’s worth a thousand words, and now you can paint a story your clients can comprehend, told the way you want it.

Drag and drop charts, insights, and top performer graphs directly into a report. See an intelligent insight you like? Click and instantly add it to the executive summary. Don’t worry, Digits has already calculated and verified the math for you.

For the first time, you can generate dynamic documents your clients can explore, visually and intuitively, from a high level down to individual transaction details—all in one place.

Digits Reports Builder works just as you’d expect, allowing you to create stunning reports from the moment you open it. Fine-tune your reports to match client goals and highlight insights that surface what they need to know. Adding charts and refining financials have never been this easy or beautiful. Just drag. Drop. Done.

So what’s next?

Today, we’re launching Digits Reports for FREE. We want your feedback, feature requests, and complaints. (Seriously!) We plan to announce expanded features and pricing plans later this year.

We founded Digits to empower accountants, financial professionals, and operators with the finance tools they deserve, and our team has poured their hearts and souls into the product.

It’s been a huge honor designing and building Digits Reports in close partnership with dozens of accounting firms and small businesses. Here’s a behind the scenes look at how it works: