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Integral Raises $8.5M for Real-Time Web3 Accounting Tools

Integral Raises $8.5M for Real-Time Web3 Accounting Tools


Cryptoknowmics
2022-09-21 08:20:20
Integral Raises $8.5M for Real-Time Web3 Accounting Tools

An $8.5 million investment round for Integral, a real-time financial platform for web3 businesses, has been concluded with key investors comprising former Coinbase CTO Balaji Srinivasan, Color Genomics co-founder Elad Gil, Hustle Fund, Mantis, Maple VC, Anchorage founder Diogo Monica, and Dapper Labs founder Roham Gharegozlou, among others. I'm excited to announce that @integral_xyz_ raised $8.5M from @ElectricCapital, @eladgil, @balajis, and more. In 5 months, Integral helped web3 teams understand >$5B of transactions in real time. Why is real-time finance such a big opportunity?https://t.co/Dr6KTQLrMh 🧵👇 — Gui Laliberte ✧ (@laliberteg) September 20, 2022 Integral Creates Financial Software For Web3 teams, Integral creates financial management software. All businesses, especially crypto enterprises, benefit from real-time monitoring of financial data such as profit and loss statements, balance sheets, and cash flow since the difference in a few days’ worth of financial choices might be worth millions in crypto assets. Integral said that during the previous five months, the business had assisted in processing roughly $5 billion in cryptocurrency transactions. Integral founder, Gui Laliberte, stated that: “Real-time finance is essential for Web3 companies. In web2, insights come 7–30 days after the month-end. In web3, 30 days could be the difference between owning $10M and $5M worth of crypto assets. “ Real-Time Finance Provi...

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