Dext

Name

Dext

Legal name

Dext Software Limited

Website

https://dext.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Subscription Software Licensing: Dext operates on a subscription model with pricing based on the number of users and document volume. Plans can be customised for businesses and accounting practices. The platform offers tiered pricing with room to grow, and bespoke pricing for large multi-entity businesses. Billing is available on monthly or annual cadence.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Dext provides an AI-powered bookkeeping automation platform that captures, extracts, categorises, and syncs receipts, invoices, and expense data directly to accounting software with 99.9% accuracy. The platform serves both accounting/bookkeeping practices and small-to-medium businesses, integrating with over 30 accounting packages and 11,500+ banks. Its core technology uses small language models for document processing and an AI agent (Dext AI Assist) to automate routine bookkeeping decisions.

Product overview

Dext is a unified bookkeeping automation platform comprising a core product plus modular add-ons and sector-specific solutions. The core Dext platform uses AI to capture receipts, invoices, and expenses with 99.9% accuracy and sync them to accounting software. Key integrated modules include: Dext AI Assist (AI agent for automating routine bookkeeping decisions), Receipt & Invoice Capture, Dext Mobile App (receipt scanner), Business Expense Management, Dext Vault (document storage), Fetch (automated invoice collection from supplier portals), Dext Payments (via Airwallex partnership), and Dext Commerce (multi-platform sales data consolidation). The platform integrates with 30+ accounting software packages and 11,500+ banks. Dext also offers sector-specific editions for Construction, Professional Services, Hospitality & Wellness, Retail, and Multi-Entity Businesses & Franchises. The platform is available for both businesses and accounting/bookkeeping practices.

Differentiator

Problem solved

Functional benefit

Products and services

• Dext (Core Platform) AI-powered bookkeeping automation platform that captures receipts, invoices, and expenses with 99.9% accuracy and syncs them directly to accounting software. Supports multiple document submission methods (mobile app, email, file upload, auto-fetch) and integrates with 30+ accounting platforms and 11,500+ banks. Targets accounting/bookkeeping practices and SMBs.
• Dext AI Assist AI agent integrated into the Dext platform that automates routine bookkeeping decisions while maintaining human oversight by learning each organisation's specific working patterns. Has processed over 350 million documents, reducing processing time by more than 90%.
• Dext Mobile App Mobile application for iOS and Android that enables users to scan receipts, submit expenses, track mileage, and approve employee expenses. Available on Apple App Store (4.8 rating, 1100+ ratings) and Google Play Store (4.8 rating, 6280+ reviews).
• Dext Vault Cloud-based document storage and management system. Digitises paperwork into electronic records of invoices, receipts, and bank statements. Data is encrypted, stored securely in the cloud for 10 years, and GDPR compliant with user permission controls.
• Dext Commerce Sales data management solution for accountants and bookkeepers dealing with digital sales across multiple platforms. Consolidates sales data, automates tax calculations, and ensures compliance for businesses selling through platforms like Amazon, Shopify, Etsy, eBay, and PayPal. Available in UK, US, and Canada.

Quantifiable outcome

• 99.9% document extraction accuracy
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

AI capability5 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered regional and core.

• Adapt ITregionalGTM or Marketing Partner · 2 June 2026Adapt IT partnered with Dext to introduce its bookkeeping automation platform to the African continent. The partnership targets accounting practices, businesses, and public sector entities across Africa, aiming to eliminate manual document processing and improve data accuracy in finance operations amid rising demand for efficient finance solutions.
• AirwallexregionalTechnology or Integration · 1 January 2026Dext plans to launch payments capabilities in Canada in early 2026 through a partnership with Airwallex, expanding its platform beyond pure bookkeeping automation into the payments workflow.
• ApprovalMaxcoreTechnology or IntegrationApprovalMax integration routes Dext-processed documents through approval workflows before publishing to Xero or QuickBooks Online, with automatic audit trail generation for each approved document. Supports bill review and approval workflows for invoice approvals.
• QuickBooks OnlinecoreTechnology or IntegrationDeep integration with QuickBooks Online enabling sync of chart of accounts, classes, locations, payment methods, and projects. Dext is listed on QuickBooks App Store with high user ratings.
• XerocoreTechnology or IntegrationPrimary accounting software integration with Xero, including bank match functionality and Xero app store listing. Winner of Xero Small Business App of the Year 2024 in UK and US.
• Sage 50 UKcoreTechnology or IntegrationDesktop accounting integration via Dext Connect App for Windows, supporting departments, cost codes, and multi-currency publishing. Requires Sage 50 UK version 2022.3 or newer.
• Sage 50 CanadacoreTechnology or IntegrationDesktop accounting integration for Canadian market via Dext Connect App, supporting suppliers, categories, customers, projects, products, bank accounts, and tax rates sync.
• Sage AccountingcoreTechnology or IntegrationCloud-based Sage Accounting integration with bank match support and multi-currency capabilities.
• Sage Accounting South AfricaregionalTechnology or IntegrationRegional integration with Sage Accounting for South African market, supporting local accounting workflows.
• IRIS Software GroupcoreStrategic or Co-development PartnerDext operates under the IRIS Software Group umbrella, particularly for US market expansion. IRIS is a major player in accounting and HR software.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rossum: AI-native document processing platform specializing in invoice and financial document automation for accounting workflows. Competes head-to-head with Dext for accounting practice and enterprise finance team customers.
• Hubdoc: AI-powered receipt and invoice capture platform that directly competes with Dext's core document capture product. Acquired by Xero in 2018, making it both a peer and a vertically-integrated feature of a major distribution partner.
• AutoEntry: Automated bookkeeping and document capture solution for accountants and SMBs, directly overlapping with Dext's offering. Acquired by Sage, another major Dext integration partner, illustrating the vertical integration risk in the category.
• Veryfi: AI-powered OCR and data extraction platform for receipts, invoices, and financial documents. Targets the same SMB and enterprise use cases as Dext with a developer-centric API and embedded play.
• Expensify: Expense management and receipt scanning platform serving SMBs and accounting partners. Overlaps with Dext's expense management and receipt capture modules, though Expensify is more expense-report focused while Dext is broader.
• Karbon: Practice management workflow platform for accounting firms, targeting the same accounting practice segment as Dext. Complementary rather than identical, but competes for the same customer wallet and increasingly overlaps in client collaboration features.

Emerging players

• ApprovalMax: Approval workflow automation for Xero and QuickBooks Online, integrated with Dext for document routing. Adjacent rather than directly competitive, but increasingly overlaps with Dext's AI Assist decision automation capabilities.

Broad incumbents

• Xero: Global cloud accounting platform and Dext's largest integration partner. Functions as a distribution channel and potential competitor via Hubdoc; broad incumbent offering end-to-end accounting while Dext is the specialized capture-and-categorization layer.
• Intuit QuickBooks: Dominant SMB accounting platform in North America and a core Dext integration partner via QuickBooks Online App Store. Could build native extraction features to compete directly with Dext, representing both the largest channel and the largest competitive threat.
• Sage: Global accounting and payroll software provider with Sage 50 and Sage Accounting platforms integrated with Dext. Like Xero, Sage is both a critical distribution partner and a competitor (via AutoEntry) for the SMB and practice market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dextofficial
• Facebookfacebook.com/hellodext
• LinkedInlinkedin.com/company/hellodext

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds7 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dext