Latest round

Series B

Last raised

Aug 2025

Total raised

$27M

Investors

10

About Docyt

Founded in 2016 and based in California, US, Docyt Inc. develops accounting software that uses machine learning to extract data from documents and avoid manual and high-risk back-office tasks. The company was founded by its CEO Sidharth Saxena and CTO Sugam Pandey. In August 2025, Docyt Inc. The company provides a real-time accounting automation software platform called Docyt that uses artificial intelligence and machine learning to automate financial workflows, continuously reconcile the general ledger, and generate real-time financial reports. Docyt provides one native, end-to-end, cloud-based accounting solution that allows small-and-medium-sized businesses to streamline their finances into one transparent workflow. Docyt provides secure accounts payable solutions with automatic reconciliation through its bill pay service, automatic matching of receipts with bank feed through its receipt capture service, and affordable employee reimbursement solutions through its expense reports service. Docyt generates revenue by providing its services on a subscription model to consumers with packages such as basic, plus, advanced and enterprise that starts from USD 99 per month. Docyt Inc.

Who invested in Docyt

10 investors across 6 rounds

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Funding rounds

  1. Series B

    Aug 6, 2025

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Jun 1, 2023

    Amount

    Undisclosed

    Investors

    Locked

  3. Series A

    Apr 6, 2022

    Amount

    $12M

    Investors

    Locked

  4. Seed

    Feb 24, 2021

    Amount

    $1.5M

    Investors

    Locked

  5. Seed

    Apr 1, 2019

    Amount

    $2.2M

    Investors

    Locked

  6. Seed

    Oct 1, 2016

    Amount

    Undisclosed

    Investors

    Locked

Questions about Docyt

Who invested in Docyt?

Docyt has 10 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Docyt raised?

Docyt has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Docyt last raise money?

Docyt's most recent round on record is a Series B, in Aug 2025.

What does Docyt do?

Founded in 2016 and based in California, US, Docyt Inc.

Where is Docyt headquartered?

Docyt is headquartered in Santa Clara, US.

Which VCs invest in companies like Docyt?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Docyt's stage. Their profiles are linked below.

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