# Digabit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digabit

- Industry: Internet
- Headquarters: Englewood, US
- Website: www.documoto.com
- Total disclosed funding: $13M
- Latest round: Series B (May 14, 2015)
- Investors on record: 3

## About

Digabit, Inc. offers comprehensive solutions to streamline aftermarket parts management through its innovative platform, enhancing customer support and operational efficiency for manufacturers and distributors.Founded in 2008 and headquartered in Englewood, US, Digabit, Inc. specializes in aftermarket parts management solutions. The company has engaged in six deals up to 2019, with its latest funding round being VENTURE DEBT, raising USD 0.98 mn. The CEO, Steve Blanco, has a history of leadership in technology-driven companies.Documoto specializes in providing an integrated suite of solutions designed to streamline aftermarket parts management and enhance customer support. Its core offerings include Interactive Parts Manuals, an Aftermarket Content Library, and an Orders & Quotes feature, all accessible through a centralized online portal. The Interactive Parts Catalogs facilitate efficient parts identification by linking Bill of Materials (BOMs), diagrams, and detailed part information in an intuitive platform. This service targets manufacturers and their customers, such as dealers, distributors, technicians, and equipment operators, across various industries including agriculture, construction, and medical sectors. Documoto's products are utilized globally, spanning over 100 countries and accommodating 27 languages, thereby addressing the diverse needs of its international client base.Documoto generates revenue primarily through a subscription-based model and direct sales of its comprehensive digital solutions. Transactions typically occur between the company and its business clients, including manufacturers and distributors who leverage Documoto's platforms to improve their parts documentation and sales processes. The Orders & Quotes feature enhances customer interaction by transforming technical content into an effective sales tool, enabling businesses to sell OEM parts through an online shopping experience. While specific pricing details are not disclosed, the company's offerings are structured to provide tailored solutions for various sectors, ensuring that clients can optimize their aftermarket sales and content management effectively. The integration of services with ERP and eCommerce platforms further enriches the transactional landscape, fostering robust business relationships centered on enhanced service delivery.In January 2019, Digabit, Inc. raised USD 0.984 million in VENTURE DEBT financing, which will support the development of new products aimed at enhancing the user experience on their platform. The company plans to expand its reach into additional markets, specifically targeting the European and Asian regions by the end of 2023. These initiatives are designed to leverage the recent funding, ensuring that Digabit can effectively enhance its offerings and grow its customer base.

## Funding rounds

- Series B, May 14, 2015, $9M — Flywheel Ventures, Questmark Management Company, High Country Venture
- Series A, Jul 30, 2013, $3M — Flywheel Ventures, High Country Venture
- Series C, Sep 30, 2010, $1.3M — High Country Venture

## Investors

- High Country Venture (https://capitalatlas.ai/funds/high-country-venture) — Series C, Series A, Series B
- Flywheel Ventures (https://capitalatlas.ai/funds/flywheel-ventures) — Series A, Series B
- Questmark Management Company (https://capitalatlas.ai/funds/questmark-management-company) — Series B