Cryptio Raises $15M to Expand Crypto Accounting Platform

Crypto Accounting Platform Cryptio Raises $15M in Series A Extension

Cryptio, a leading crypto accounting platform, has raised $15 million in a Series A extension round led by existing investors, including Coinbase Ventures and Polychain Capital. The funding will be used to expand the company's team and product offerings, as well as to support its growing customer base.

The company's accounting platform is designed to help businesses manage their crypto assets more efficiently. It provides real-time tracking of transactions, automated tax reporting, and integration with popular accounting software. Cryptio's platform is used by a wide range of businesses, from small startups to large enterprises.

Cryptio's CEO, Charles Guillemet, said, "We are thrilled to have the support of our investors as we continue to grow and innovate. This funding will allow us to expand our team and product offerings, and to better serve our customers as they navigate the complex world of crypto accounting."

The Series A extension round comes on the heels of a successful year for Cryptio. The company has seen a significant increase in demand for its services, as more businesses adopt crypto assets. Cryptio has also expanded its team and opened new offices in Europe and Asia.

Cryptio's investors are confident in the company's potential for growth. Coinbase Ventures' Managing Director, Emily Choi, said, "Cryptio's platform is a game-changer for businesses looking to manage their crypto assets more effectively. We are excited to continue supporting the company as it grows and innovates."

Polychain Capital's Founder and CEO, Olaf Carlson-Wee, added, "Cryptio's platform is a critical piece of infrastructure for the crypto ecosystem. We are proud to support the company as it helps businesses navigate the complex world of crypto accounting."