Web3 financial operations tool Headquarters completes $5 million Pre-seed funding round, led by Crypto.com and others
Chain Catcher news, Web3 financial operation tool Headquarters announced the completion of a $5 million Pre-seed round of financing, led by Crypto.com Capital, Forge Ventures, and MassMutual Ventures, with participation from Saison Capital, 500 Startups, Longhash Ventures, Nansen CEO Alex Svanevik, Race Capital's Chris McCann, and Etherscan founder Matthew Tan. The funds will be used to accelerate the development of its HQ Teams product.
It is reported that Headquarters aims to help companies better manage operating funds in both custodial and non-custodial wallets, reducing human errors in Web3 accounting. The first tool to be launched will be HQ Teams, which helps Web3 companies manage their financial operations, providing balance management tools to track funds in wallets and enabling tagging and filtering of transactions to ensure wallets are ready for accounting. (The Block)