Google Venture Unit Leads Series B in Digits Financial
Posted on 04/26/2020
Digits Financial, Inc. raised a US$ 22 million Series B round led by GV (the venture unit of Alphabet). The company is founded by Wayne Chang and Jeff Seibert who sold Crashlytics to Twitter, Inc. for over US$ 100 million in 2013. Jeff Seibert also co-founded Increo which sold to Box in 2009.
Jessica Verrilli from GV is joining Digits’ board of directors.
Digits had raised US$ 10.5 million in Series A funding in a round led by venture firm Benchmark and that included 72 angel investors from founders of companies like SoFi, Box, Github, Twitch, Tinder, and Stichfix.
Digits is a web-based expense tracker.