INSUBCONTINENT EXCLUSIVE:
Stealth fintech startup Digits, from the same team that built Crashlytics to scale then sold to Twitter for more than $100 million, has
raised a $10.5 million round of Series A funding, the company is announcing today
The round was led by Benchmark and has the backing of 72 angels, including founders and CEOs from companies like Box, GitHub, Tinder,
Twitch, StitchFix, SoFi and several others.With the round, Digits also gains a new board member, Peter Fenton, who has served on the boards
at AirTable, Twitter, NewRelic, Yelp and elsewhere.The funding is a big bet on serial entrepreneurs Wayne Chang and Jeff Seibert, who
launched and sold their crash reporting service to Twitter, which itself later sold it to Google
At Twitter, the team remained to build out the product and launch new services, like Answers
nothing more exciting than cracking the next engineering puzzle; than perfecting the next design; than delivering the next capability to
And there is nothing more mind-numbing than the paperwork, and spreadsheets, and financial reports, and inscrutable transaction records that
no formal training in business finance
agree.Among the 70+ angels backing Digits are Box CEO Aaron Levie; Adam Bain and Dick Costolo (ex COO and CEO of Twitter); Ali Rowghani
(partner at Y Combinator, ex-COO Pixar); SoFi CEO Anthony Noto; Drift CEO David Cancel; AngelList board member Jeff Fagnan; Justin Kan (CEO
Atrium, co-founder Twitch, YC partner); StitchFix CEO Katrina Lake; GitHub CEO Nat Friedman; First Republic Bank COO Mike Selfridge; Desktop
Metal CEO Ric Fulop; Tinder co-founder Jonathan Badeen; DraftKings CEO Jason Robins; LegalZoom co-founder Brian Lee; Gusto CEO Josh Reeves;
customers and is seeing more than $1.5 billion in transactions processing on its platform, the company says.And unlike Crashlytics, which
was based in Boston, Digits is a 100% remote operation
