Founders Fund and finance automation startup Ramp co-led the raise for Tactic. Elad Gil and Figma co-founder Dylan Field also participated in the funding.
Tactic is tackling the problem of accounting for a business’s cryptocurrency holdings and on-chain activity by aggregating data across disparate sources to give businesses a full view of their balances and activities. Its software helps companies automatically categorise transactions and apply accounting logic such as calculating USD gain/loss and taxable events. Accountants can then reconcile a business’s crypto-subledger to traditional accounting software like QuickBooks.
Tactic has partnered with accounting firms to help interpret accounting guidelines for DeFi-specific activities such as staking, NFT minting, and airdrops.
Tactic plans to use its new capital to build out its product and team.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now