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Docyt raises $1.5M for its ML-based accounting automation platform – TechCrunch - Vimarsana News

Docyt raises $1.5M for its ML-based accounting automation platform – TechCrunch

Docyt raises $1.5M for its ML-based accounting automation platform Accounting isn’t a topic that most people can get excited about — probably not even most accountants. But if you’re running any kind of business, there’s just no way around it. Santa Clara-based Docyt wants to make the life of small and medium business owners (and their accounting firms) a bit easier by using machine learning to handle a lot of the routine tasks around collecting financial data, digitizing receipts, categorization and — maybe most importantly — reconciliation. The company today announced that it ha...