Docyt

Docyt

Private
Santa Clara, CaliforniaFinTechhttps://docyt.com

Last Round

Early Funding

Aug 6, 2025

Total Funding Raised

$25M

Company Overview

Docyt is a financial software company that provides an AI-powered accounting automation platform designed to automate financial and accounting processes for small and medium-sized businesses.

Sector

FinTech

Verticals

Accounting & Expense, Workflow Automation, Vertical SaaS, Business Intelligence, NLP & Conversational AI

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

accounting automationAI accountingautomated bookkeepingaccounts payable automationAP automationrevenue reconciliationaccounting copilotreal-time financialsmonth-end close automationback-office automationexpense managementSMB accounting softwarevirtual bookkeeping servicehospitality accountingPMS integrationPOS integration

Historical Pricing

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Docyt Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Docyt Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingAug 6, 2025
Series AApr 6, 2022
SeedFeb 25, 2021

Key People

Founding team and executive leadership

Sidharth Saxena

CEO, Docyt - Accounting Automation That Moves Commerce Forward

Executive Team

Sugam Pandey

Chief Technology Officer

Executive Team

Docyt Investors

Notable investors and investment history

InvestorRounds
Morado VenturesEarly Funding, Series A, Seed
Pivot Investment PartnersEarly Funding
Dallas Venture CapitalEarly Funding
First Rays Venture PartnersEarly Funding
Lobby CapitalEarly Funding, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 6, 2025

    Added Chrystal Consulting Ltd, a professional services firm, as a customer.

  • Oct 15, 2025

    Serves over 20 industry verticals, including hospitality and franchises.

Docyt Filings

SEC and related filings with document metadata.

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Docyt Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSanta Clara, California
Employee Range213
Year Founded2016
Last FundingAug 6, 2025

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