
Docyt is an AI-powered automated bookkeeping platform that digitizes financial data, automates workflows, and continuously reconciles books to provide real-time accounting. It offers a comprehensive suite of products including full bookkeeping AI workflows, AI agents for faster book review and anomaly detection, and collaboration tools. Docyt serves multiple industries such as accounting firms, hotels, and franchise brands, enabling multi-entity accounting, industry-specific financial reporting, and departmental accounting. The platform helps businesses reduce revenue accounting errors by 95%, save 40 hours monthly on data entry, and cut costs by an average of $2,000. Docyt's business model is subscription-based, targeting small and medium-sized businesses and accounting firms, with a focus on accelerating month-end close and improving financial decision-making through AI automation.

Docyt is an AI-powered automated bookkeeping platform that digitizes financial data, automates workflows, and continuously reconciles books to provide real-time accounting. It offers a comprehensive suite of products including full bookkeeping AI workflows, AI agents for faster book review and anomaly detection, and collaboration tools. Docyt serves multiple industries such as accounting firms, hotels, and franchise brands, enabling multi-entity accounting, industry-specific financial reporting, and departmental accounting. The platform helps businesses reduce revenue accounting errors by 95%, save 40 hours monthly on data entry, and cut costs by an average of $2,000. Docyt's business model is subscription-based, targeting small and medium-sized businesses and accounting firms, with a focus on accelerating month-end close and improving financial decision-making through AI automation.
What they do: AI-powered automated bookkeeping and accounting automation platform
Founded: 2016
Headquarters: Silicon Valley / San Francisco area (Santa Clara), California
Notable funding: $11.5M Series A (Apr 2022); $1.5M seed-extension (Feb 2021)
Customers / verticals: Accounting firms, hospitality, retail/e‑commerce, restaurants/QSR, multi-entity/franchise businesses
Back-office accounting and bookkeeping automation for small and medium-sized businesses and accounting firms, including multi-entity and industry-specific use cases.
2016
Accounting / Financial software (AI bookkeeping automation)
$1.5M
$11.5M