Docyt Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 11
Employees
  • Latest Deal Type
  • Seed
  • Latest Deal Amount
  • $1.5M
Latest Deal Amount
  • Investors
  • 6

Docyt General Information

Description

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.

Contact Information

Website
www.docyt.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Automation/Workflow Software
Primary Office
  • 5255 Stevens Creek Boulevard
  • Suite 220
  • Santa Clara, CA 95051
  • United States

Docyt Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Docyt Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Seed Round 25-Feb-2021 $1.5M 00.000 Completed Generating Revenue
2. Debt - PPP 16-Apr-2020 00.000 Completed Generating Revenue
1. Seed Round 08-Apr-2019 $2.79M $2.79M 000.00 Completed Generating Revenue
To view Docyt’s complete valuation and funding history, request access »

Docyt Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed-5 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Seed-4 000,000 00.000000 00.00 00.00 00 00.00 0.000
Seed-3 000,000 00.000000 00.00 00.00 00 00.00 0.00
Seed-2 11,340 $0.001000 $0.88 $0.88 1x $0.88 0.18%
Seed-1 44,909 $0.001000 $0.56 $0.56 1x $0.56 0.69%
To view Docyt’s complete cap table history, request access »

Docyt Executive Team (2)

Name Title Board Seat Contact Info
Sidharth Saxena Co-Founder & Chief Executive Officer
Sugam Pandey Co-Founder & Chief Technology Officer
To view Docyt’s complete executive team members history, request access »

Docyt Board Members (1)

Name Representing Role Since
Ashvin Patel Morado Venture Partners Board Member 000 0000
To view Docyt’s complete board members history, request access »

Docyt Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Docyt Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
First Rays Venture Partners Venture Capital Minority 000 0000 000000 0
AME Cloud Ventures Venture Capital Minority 000 0000 000000 0
Morado Venture Partners Venture Capital Minority 000 0000 000000 0
Tuesday Capital Venture Capital Minority 000 0000 000000 0
WestWave Capital Venture Capital Minority 000 0000 000000 0
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