Digitoo Raises €2.3 Million in Seed Round

Digitoo Raises €2.3 Million in Seed Round

Digitoo, a Prague, Czech Republic-based fintech startup that develops an AI-based platform aimed at automating manual and repetitive tasks for accountants, has raised €2.3 million in a seed investment.

The round was led by Reflex Capital.

Digitoo Use of Funds

The company will use the latest funding for further innovation and development of its services.

Founded in 2019 by Karin Fuentesová, Digitoo is an end-to-end automation software for invoice processes. Its solution helps small, mid-size, and enterprise companies streamline their invoice process features like AI data extraction automation, multi-level approval handling, and an artificial intelligence accountant who observes and performs key repetitive tasks.

Funding Details

Company: Digitoo s.r.o.

Raised: €2.3M

Round: Seed Round

Funding Month: December 2023

Lead Investors: Reflex Capital

Additional Investors:

Company Website: https://www.digitoo.ai/

Software Category: Accounting