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Gungun Bhatia
Sep 21, 2022

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

Integral
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.

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 Provides Advantage to Integral

Real-time finance gives Web3 and Web2 firms an advantage, according to Integral. Real-time profit and loss statements enable quicker and wiser decisions. Treasury can be used more effectively due to real-time balance sheets. Transparency is guaranteed from boardrooms to DAO communities with real-time cash flow reporting.

According to the co-founder and partner of Electric Capital, Avichal Garg, for every Web3 project to be successful and for any Web2 firm looking to expand into Web3, real-time funding is crucial. For all businesses and protocols to remain competitive, they will require quick, scalable financial instruments.

Integral Contains Top-Notch Staff

In the past, Laliberte established and sold the Sequoia-funded homeownership platform Setter. Most recently, he served as an entrepreneur-in-residence at Electric Capital. Integral has four previous founders and a top-notch staff with experience at Palantir, Paypal, Amazon, Meta, and in the fields of security and data.

Integral is giving web3 enterprises, DAOs, and web2 companies with cryptocurrency goals and crypto treasuries above $10M early access passes.

Integral Raises $8.5M for Real-Time Web3 Accounting Tools
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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