Tactic Raises $11M in Funding

Tactic, a New York-based provider of a platform that streamlines cryptocurrency accounting for businesses, raised $11M in funding.

The round was led by FTX Ventures with participation from Lux Capital, Exponent Founders Capital, Definition Capital, Coinbase Ventures, Founders Fund, Ramp, Dylan Field, Elad Gil, and Sabrina Hahn.

The company intends to use the funds to hire engineers and expand the platform to support new blockchains and financial workflows.

Led by CEO Ann Jaskiw, Tactic provides a platform that that streamlines cryptocurrency accounting for businesses. Companies working with the system connect their digital wallets and the platform presents the information in an accounting-ready format that syncs to general ledger software such as QuickBooks. It offers a view of an organization’s treasury and a transaction audit trail in an accounting-friendly format.

The company works with existing custody solutions such as Coinbase.

FinSMEs

27/09/2022