Internal Server Error

Digit - About the company

Digit is an acquired company based in San Francisco (United States), founded in 2013 by Ethan Bloch. It operates as a Mobile app that automatically saves money for the users. Digit has raised $64M in funding from General Catalyst and Ribbit Capital. The company has 54 active competitors, including 14 funded and 6 that have exited. Its top competitors include companies like Whop, Qapital and SaveUp.

Company Details

Digit is a mobile app that automatically saves cash for users. It transfers a certain amount to a non-interest-bearing, FDIC-insured savings account. The amount saved is based on the analyses of the income and spending habits of the users. The user can withdraw the saved amount at any time. The app is available on both Android and iOS platforms.
Website
digit.co
Social
XFacebook
Part Of
Registered Address
San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acquired
Total Funding
$64M in 5 rounds
Latest Funding Round
Ranked
Employee Count
111 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Oportun (Nov 16, 2021)

Digit's acquisition details

Digit got acquired by Oportun on Nov 16, 2021 at an acquisition amount of $213M. It was facilitated by J P Morgan, Jefferies, Wilson Sonsini Goodrich & Rosati and 2 more.
Click here to take a look at Digit's acquisition in detail
Sign up to download Digit's company profile

Digit's funding and investors

Digit has raised a total funding of $64M over 5 rounds. Its first funding round was on Dec 16, 2014. Its latest funding round was a Series C round on Sep 30, 2019 for $*****. 6 investors participated in its latest round. Digit has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Digit:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 30, 2019
4508923
Series C
3447132
4837442
2713384
7414522
Jun 02, 2016
3031844
Series B
5133375
9702756
1775196
Jun 11, 2015
7974679
Series A
2344331
3048462
1922723
6462649
lockAccess funding benchmarks and valuations. Sign up today!

Digit's founders and board of directors

Founder? Claim Profile
The founders of Digit is Ethan Bloch.
Here are the details of Digit's key team members:

Digit's employee count trend

Digit has 111 employees as of Dec 22. The total employee count is 8.0% more than what it was in Dec 21. Here is Digit's employee count trend over the years:
Employee count trend for Digit
lockUncover Digit's growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Digit's Competitors and alternates

Top competitors of Digit include Whop, Qapital and SaveUp. Here is the list of Top 10 competitors of Digit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Whop
Whop
2021, Brooklyn (United States), Series B
Platform offering tools and infrastructure for creators and entrepreneurs to sell digital products, memberships, and services
$217M
68/100
2nd
Logo for Digit
Digit
2013, San Francisco (United States), Acquired
Mobile app that automatically saves money for the users
$64M
64/100
3rd
Logo for Qapital
Qapital
2012, New York City (United States), Series B
Mobile app for micro-savings
$55.3M
58/100
4th
Logo for SaveUp
SaveUp
2011, San Francisco (United States), Acquired
Personal finance reward platform
$7M
45/100
5th
Logo for Nav.it
Nav.it
2016, Seattle (United States), Seed
App-based money management platform for individuals
$1.15M
-
44/100
6th
Logo for Apella
Apella
2014, Glastonbury (United States), Seed
Multiple goal-based saving platform for individuals
-
43/100
7th
Logo for Finnt
Finnt
2014, United States, Seed
Decentralized platform for financial products
$4M
41/100
8th
Logo for WealthBuilder
WealthBuilder
2017, Las Vegas (United States), Unfunded
App-based financial management platform for individuals
-
-
40/100
9th
Investment and wealth management firm serving individuals
-
-
39/100
10th
Logo for SmartyPig
SmartyPig
2007, Des Moines (United States), Seed
Online piggy bank for saving towards financial goals with high interest
$1M
-
39/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Digit's competitors? Click here to see the top ones

Digit's Investments and acquisitions

Digit has made no investments or acquisitions yet.

Reports related to Digit

Here is the latest report on Digit's sector:

News related to Digit

lockFilter this list
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Digit

Explore our recently published companies
  • Words+ - Los Angeles based, 1981 founded, Funding Raised company
  • Concept Security - Crawley based, 2001 founded, Funding Raised company
  • Bitvero - Moradabad based, 2022 founded, Unfunded company
  • Curo 24 - Varanasi based, 2025 founded, Unfunded company
  • Qualgen - Princeton based, 2023 founded, Unfunded company
  • Logical Why - Delhi based, 2023 founded, Unfunded company
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford