AI-native ledgers

Digits

An AI-native general ledger for startups, small businesses and their accounting firms, with a free API and a read-only MCP server.

digits.com · founded 2018 · San Francisco, California · researched 2026-10-10

Scope: Digits replaces QuickBooks or Xero with its own cloud ledger (the 'Autonomous General Ledger') that books and reconciles transactions from bank, card and payroll feeds, and adds reporting, bill pay, invoicing and a document vault. Firms run many clients from one dashboard. It does not sit beside your existing ledger: the QuickBooks import is a one-time pull, after which Digits is the book of record. It does not run locally or keep an owner-held copy.
Backing: Venture-backed, about $97.5M raised (CB Insights). Last disclosed round: $65M Series C led by SoftBank Vision Fund, 24 March 2022, at a reported $565M valuation. Other investors include Benchmark and GV. A March 2025 release says 'nearly $100M'. No round found in 2025 or 2026.
Serves: smb, accountants, developers
Covers: ledger, bank, invoicing, payments, documents, close, reporting
To ownpurse: Neighbour. Digits asks you to move your books into its ledger; ownpurse leaves them where they are and keeps a copy you hold. Digits is also a plausible future source: its free OAuth API exposes entries and statements.

What it is

Digits is an AI-native general ledger for startups, small businesses and accounting firms. It launched its Autonomous General Ledger on 10 March 2025 as a replacement for QuickBooks, after years as a reporting product. It books, reconciles and reports, and adds bill pay, invoicing, a document vault and a firm dashboard. Pricing is flat per business: Essentials $65 a month, Core $100, Pro $250 (coming soon), with a 30-day trial.

How it works

You connect bank, card and payroll feeds, and Digits books transactions into its own ledger. It claims to auto-book “95%+ of transactions” and, on its firm comparison page, 97.8% accuracy in its own benchmarking. Both are vendor figures. Firms can write quality checks in plain English that Digits turns into deterministic rules. Moving in from QuickBooks Online is a one-time pull: transactions, journal entries, the chart of accounts and contacts come across, but reconciliation history, invoice and bill documents and attachments do not. After the cutover the QuickBooks connection is archived, and Digits never writes back.

Data and access

The Digits Connect API is free on every plan. It uses OAuth 2.0 with scopes (ledger:read, source:sync, bills:manage and others), cursor pagination, webhooks in beta and SDKs generated from OpenAPI. Reads cover entries, transactions, the trial balance, statements and aging. Writes exist too: partners can sync and delete transactions keyed by external_id, and in beta they can approve and pay bills. Rate limits are 180 requests a minute per app and 60 per install. We found no bulk export endpoint and no stated export guarantee.

Agents

On 21 April 2026 Digits launched a remote MCP server at api.digits.com/mcp for Claude, ChatGPT and Cursor, free and on all plans. “All access is read-only by design, preserving ledger integrity.” That is the clearest statement in this segment of why a vendor will not let outside agents write: the ledger is the product, and its accuracy claim depends on Digits’ own models doing the booking. The cost is that an outside agent can only read. It cannot propose a change for a person to approve. Writes go through the API, by programs, with no review step for outside agents.

Customers

Digits says “thousands” of startups, small businesses and firms use it, and names Particle News, Wispr and Partiful. Public review volume is small: G2 shows 4.8 from 5 reviews, and Trustpilot shows none. Reviewers praise the interface and reports. Accountants on forums want to see why the software made each decision (summary).

History

Jeff Seibert and Wayne Chang founded Digits in 2018. It raised about $97.5M, the last round a $65M Series C led by SoftBank in March 2022 at a reported $565M valuation (Finance Magnates). We found no round since then. That corrects our earlier survey, which grouped Digits with the 2025-26 funding wave: Digits ships into that wave but was not funded by it. In 2025 it moved from reporting to being the ledger itself, and Xero co-founder Craig Walker joined.

For ownpurse

Digits is a neighbour, not a rival. It wants to be the book of record, and ownpurse sits beside whatever book you already keep. Three things are worth taking from it: read-only by default for agents, a free API with published limits, and checks written in plain English that compile into deterministic rules. ownpurse’s answer to read-only is different. Agents may propose writes, and the writes go out only as sealed packages that a person approves. Digits is also a plausible future connector, since its API exposes entries and statements to the owner at no cost.

Data and access

Public API: Yes. REST (Digits Connect, connect.digits.com/v1), route-versioned, cursor pagination, SDKs generated from OpenAPI, webhooks in beta
Auth: OAuth 2.0 authorization code with refresh tokens; scopes include ledger:read, source:sync, organization:sync, user:sync, bills:manage
Limits: 180 requests per minute per client id, 60 per minute per access token (install); 429 with retry_after; higher limits on request
What access costs: Free on all plans ('The Digits API is free', April 2026 release)
Export: Ledger reads cover entries, transactions, chart of accounts, trial balance, P&L, balance sheet, cash flow, aging and parties. No bulk export endpoint or export guarantee found.
Notes: The API is not read-only: source:sync writes and deletes transactions keyed by external_id, and bills:manage (beta) can approve and pay bills. Only the MCP server is read-only.

Price

Model: Flat monthly subscription per business or location; firm pricing custom
Entry: Essentials $65 per month
Top: Pro $250 per month (marked coming soon); Core $100 per month is the most popular
Notes: 30-day free trial, no setup fees, each business or location needs its own subscription. API and MCP included on every plan. Partner services (full-service accounting, CFO, tax) priced separately and not listed.

Agents

MCP: official
AI features: Autonomous General Ledger auto-categorises and reconciles; Ask Digits conversational assistant; Agentic Close for firms; plain-English quality checks compiled into deterministic checks; AI quality review.
Agent writes: Not through MCP: 'All access is read-only by design, preserving ledger integrity' (21 April 2026). Programs with OAuth scopes can write through the API (sync transactions, manage bills).
Approval: No approval gate for outside agents because the MCP cannot write. Inside the product, the ledger books automatically and firms review through quality checks.
Notes: Read-only MCP is the clearest current statement that a vendor does not trust outside agents to write to the books. The reason given is ledger integrity, not a review workflow.

Integration and customers

Connects to: Bank and card feeds (the firm page claims 12,000+ financial institutions), payroll connections, one-time QuickBooks Online migration, Xero conversion through services; MCP clients Claude, ChatGPT, Cursor.
Notes: QuickBooks migration is a one-time pull of transactions, journal entries, chart of accounts, classes, locations, contacts and products; reconciliation history, documents and attachments do not move. Digits never writes back to QuickBooks.
Scale: 'Thousands' of startups, small businesses and firms (vendor, 2026); named customers include Particle News, Wispr, Partiful, Replika.
Ratings: G2 4.8 from 5 reviews (as found October 2026); Trustpilot profile claimed May 2025, 0 reviews.
What customers say: Praise for the interface, reports and drill-down from trend to transaction. Accountants worry about black-box categorisation and want to see why a decision was made; some reviewers could not find report export; bank connection breakage is a general complaint. Review volume is too small to read much into.

Timeline

2018
Founded by Jeff Seibert and Wayne Chang (previously Crashlytics, acquired by Twitter in 2013)
2022-03-24
$65M Series C led by SoftBank Vision Fund at a reported $565M valuation
2025-03-10
Launches the Autonomous General Ledger at HumanX, positioned against QuickBooks; Xero co-founder Craig Walker joins
2026-02-09
Named a 2026 Top New Product for Accountants by Accounting Today
2026-04-21
Launches a free, read-only remote MCP server for Claude, ChatGPT and Cursor

Borrow and avoid

Borrow: The read-only-by-default MCP stance and the stated reason (ledger integrity); a free API on every plan; published per-install rate limits; plain-English checks compiled into deterministic rules.
Avoid: A one-way migration that leaves reconciliation history and attachments behind, and a ledger with no documented bulk export; autonomy claims (95%+, 97.8%) measured only by the vendor.

Sources

Not confirmed against a primary source

Dates of the $10.5M Series A (Benchmark) and $22M round (GV); amounts appear in secondary sources only
The 97.8% accuracy and 95%+ auto-booking figures are vendor-measured
The 12,000+ financial institutions figure is from Digits' own comparison page
A reported CLA partnership to co-build a firm-specific model (Runtimewire); not confirmed against CLA or Digits releases
Whether Digits offers a bulk export of the full ledger, and its terms on data on cancellation
Whether the ledger is append-only or keeps prior versions of edited entries
The earlier survey's grouping of Digits in the 2025-26 funding wave: no Digits round after March 2022 was found
Web search budget ran out mid-research; later findings come from direct fetches of primary pages only

On the spectrum

0 to 4. The grey tick is ownpurse.

Custody: 1
Where it runs: 0
History: 1
Openness: 2
Breadth: 3
Autonomy: 3
Agent-ready: 3
Easy to connect: 3
Market: 2

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ownpurse is not affiliated with Digits or any company named here. Names are their owners' trademarks. Figures come from the company's own pages and the press, as linked, as of 2026-10-10; scores are our reading of them against the definitions in the landscape. This is not legal or financial advice.