sold by DCM Ventures: $385.48m-Sept 1 Holdings Inc. provides a cloud-based software for back-office financial operations for small and midsize businesses (SMBs). The Company’s artificial-intelligence (AI)-enabled financial software platform enables users to generate and process invoices, streamline approvals, send and receive payments, sync with their accounting system, and manage their cash. Through its platform dashboard, users can view their cash in-flows and outflows as well as bills coming due. Its platform enables document management and bill capture. It also offers various payment services, including automated clearing house (ACH) Payments, card payments, checks and cross-border payments. Its product offers solutions for accounts payable, accounts receivable and international payments.

DCM (also known as DCM Ventures) is a venture capital firm located in Silicon Valley, Tokyo and Beijing. It has approximately $4.2 billion under management.[1] DCM was the first Silicon Valley firm to invest in the early-stage technology sector in China, beginning in 1999.[1] Since 2019, DCM has had seven initial public offerings, which include (NYSE: BILL), BlueCity (NASDAQ: BLCT), Freee (TYO: 4478), Life360 (ASX: 360), Sansan (TYO: 4443), UCloud (SHA: 688158), and VisasQ (TYO: 4490). DCM has over $200 billion in enterprise value

DCM (formerly Doll Capital Management) was co-founded in 1996 as an investment firm targeting early-stage companies by David Chao and Dixon Doll. It now has operations in Silicon Valley, Tokyo and Beijing. The company has mostly invested in start-ups in the U.S., China, Japan and South Koreabut does have additional investments in Europe, the Middle East and Latin America. DCM general partners include David Chao and Jason Krikorian in the U.S.; Hurst Lin and Ramon Zeng in China; and Osuke Honda in Japan. Additional investment partners include Kyle Lui in the U.S. and Ray Zhao in China.