Verady, maker of Ledgible, a cryptocurrency accounting and audit platform, today announced it closed an investment round led by TTV Capital, an Atlanta-based, early-stage venture capital firm focused exclusively on investing in FinTech companies.
This is the second round of funding in which TTV Capital has participated in with Verady, following an investment made back in February 2018.
This latest round also includes strategic partner Fenbushi Capital as well as Pamela Joseph, named one of the most influential women in payments.
Verady will use the investment to further its business operations around its Ledgible platform which enables the accounting, reporting, and verification of crypto assets.
“We believe that Verady’s Ledgible Platform for the accounting, verification, and audit of crypto assets is a critically needed resource for the ecosystem and bridges the gap between blockchain assets and traditional financial reporting.”
– Sean Banks, partner at TTV Capital
Verady is continuing to expand integrations of Ledgible to all major accounting platforms. These integrations allow business and accounting professionals to leverage the Ledgible platform to account for bitcoin and other crypto holdings within their current accounting ecosystems.
“We are focused on providing the best services, tools, and capabilities available to meet the accounting and verification needs surrounding cryptocurrencies and blockchain assets. This strategic investment from TTV further validates our mission and supports our business development goals. Having strategic investment from both the cryptocurrency side and the traditional FinTech industry truly shows the need for the bridge between these two worlds that we have built at Verady.”
– Verady CEO Kell Canty
Verady’s founders pioneered verification of cryptocurrency assets beginning in 2014 by partnering with Aprio – a top 100 accounting firm that later became one of Verady’s first investors.
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