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§ Private Profile · 27 E 28th St, New York, NY 10016, US
Financial technology company providing AP/AR automation for businesses managing invoices with fiat and crypto, integrating accounting.
Acctual is a financial technology company based in New York, New York, that provides an accounts payable and accounts receivable automation platform for managing corporate transactions in both fiat currency and cryptocurrency. Operating as a business-to-business software-as-a-service provider, the firm enables Web3 startups, crypto-native businesses, and decentralized autonomous organizations to pay and reconcile their daily vendor invoices. The software integrates directly with traditional enterprise accounting systems like QuickBooks and Xero to streamline bookkeeping processes for digital assets. In late 2023, the enterprise officially launched its core platform to bridge digital asset wallets with standard corporate financial software. The startup has raised $3.85 million in initial seed funding through a round co-led by IDEO CoLab Ventures and Third Prime, with additional participation from Robot Ventures and Alchemy Ventures. Acctual was founded in 2022 by Stuart Jackson.
Acctual has raised $4.0M across 1 funding round.
Acctual has raised $4.0M in total across 1 funding round.
Acctual has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2023 | $4M Seed | IDEO, Third Prime | Kunal Shah, Prajit Nanu, Ryan Selkis, Alchemy Ventures, Orange DAO, Soma Capital | Announced |
Acctual has raised $4.0M in total across 1 funding round.
Acctual's investors include IDEO, Third Prime, Kunal Shah, Prajit Nanu, Ryan Selkis, Alchemy Ventures, Orange DAO, Soma Capital.
Acctual is a fintech startup that builds an AP/AR automation platform for businesses handling both cryptocurrency and fiat payments, enabling seamless invoicing, bill processing, and payments worldwide.[1][2][3][5] It serves Web3 companies, freelancers, and global teams transacting in digital assets or stablecoins, solving the fragmentation in accounting tools by integrating directly with ERPs like QuickBooks and Xero for automated reconciliation, compliance, and error reduction.[2][4][5] With over 5,000 users across 129 countries and a recent Seed VC round exceeding $3M, Acctual demonstrates strong early growth in the crypto finance space.[2][3][6]
Founded in 2022 and headquartered in New York City at 27 E 28th St, Acctual emerged from the founder's passion for global payments, inspired by experiences at Stripe and Google where "same-day" cross-border transactions unlocked business growth.[1][3] The team, self-described as B2B finance experts who "dream in numbers," identified a gap in Web3: fragmented accounting software ill-equipped for crypto-fiat hybrids, leading to manual reconciliation headaches.[3][5] Early traction came via partnerships like CryptoCFOs in 2024, which highlighted Acctual's education focus and community alignment, accelerating adoption among tax pros and Web3 firms.[1]
Acctual rides the stablecoin and Web3 finance boom, where businesses demand frictionless global payments amid rising crypto adoption for B2B—fueled by regulatory clarity and stablecoin GDP growth potential.[3][5] Timing is ideal post-2022 crypto winter, as fragmented tools fail scaling Web3 firms, while market forces like ERP dominance and cross-border needs (e.g., 129 countries) favor unified solutions.[1][3][6] It influences the ecosystem by standardizing crypto accounting, reducing errors for freelancers/SMBs, and enabling "same-day" progress in underserved regions, bridging TradFi and DeFi.[2][5]
Acctual is poised to dominate crypto AP/AR as stablecoin volumes surge and more ERPs natively support digital assets, potentially expanding to new currencies and enterprise features like advanced analytics.[3][5][6] Trends like AI-driven approvals and global regulatory harmonization will accelerate its growth, evolving it from niche Web3 tool to essential fintech infrastructure—unlocking faster worldwide business as promised in its origin vision.[3] With backing from top investors and proven traction, expect aggressive scaling and deeper ecosystem integrations ahead.[1][2]