Docyt
Docyt provides an AI-powered accounting automation platform that delivers real-time financial insights and automates back-office workflows for SMBs and accounting firms.
At a Glance
- Hospitality
- Retail
- SMBs
- Accounting Firms
- +1 more
AI Tools by Docyt
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Docyt
AI Bookkeeping for Hotels
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Latest News
Docyt Raises $12M in Pre-Series B Funding Led by Pivot Investment Partners
Docyt Launches High-Precision Accounting Intelligence (HpAI)
Docyt Raises $11.5M Series A for AI-powered Accounting Automation
Docyt Raises $1.5M for its ML-based Accounting Automation Platform
Products & Services
An AI-powered assistant that automates expense management, revenue accounting, and transaction matching.
High-Precision Accounting Intelligence designed to provide real-time, audit-ready financial insights for accounting firms and complex businesses.
Automated pulling of revenue data from POS/SaaS systems and reconciliation with bank deposits.
Software for consolidating financials across multiple locations or legal entities in real-time.
Market Position
Docyt positions itself as a 'real-time' alternative to traditional monthly bookkeeping, using proprietary HpAI to automate the entire financial close process rather than just providing tools for manual entry.
Leadership
Founders
Sidharth (Sid) Saxena
Co-Founder and CEO. Previously User Experience Architect at Primary Data Inc, Staff UX Designer at VMware, and Senior UX Designer at Oracle. Alumnus of Indian Institute of Technology (IIT) Guwahati (Design 2004).
Sugam Pandey
Co-Founder and CTO. Previously Engineering Team Lead at Health Fidelity and Junyo. CTO and Co-Founder at Cricket at ChallengeExchange and Chictini LLC. Senior MTS at Oracle. Alumnus of Indian Institute of Technology (IIT) Guwahati (CSE 2004).
Executive Team
Sidharth Saxena
Chief Executive Officer
Co-founder with extensive experience in UX design and product architecture at Oracle, VMware, and Primary Data.
Sugam Pandey
Chief Technology Officer
Co-founder with expertise in engineering leadership and technical architecture, formerly at Oracle and Health Fidelity.
Board of Directors
Founding Story
Founded by IIT Guwahati classmates Sidharth Saxena and Sugam Pandey, Docyt was born out of a vision to eliminate the manual, error-prone processes of traditional bookkeeping. By combining design-led user experience with advanced machine learning, the founders aimed to provide businesses with a real-time, accurate view of their financial health.
Business Model
Revenue Model
SaaS Subscription based on transaction volume and number of entities.
Pricing Tiers
Includes basic AI bookkeeping and revenue reconciliation.
Target Markets
- Hospitality
- Retail
- SMBs
- Accounting Firms
- Franchises
- Multi-location hospitality management
- Retail POS revenue reconciliation
- Accounting firm practice automation
- SMB month-end close acceleration
- Dalwadi Hospitality Management
- Bluegrass Hotels
- Equibis Accounting