Tres Raises $7.6 Million Dollars as it Builds the First Financial Data Lake For Web3 Companies
Summary
TEL AVIV--(BUSINESS WIRE)--Tres, which has built the first financial data lake for Web3 companies, today announced that it has raised $7.6 million in a seed round led by boldstart ventures, with participation from F2; Mantis in partnership with The Chainsmokers; New Form; Kenetic; Blockdaemon Ventures and Alchemy. Tres financial platform provides an unparalleled level of visibility, monitoring, alerting and automation to Web3 finance teams and seamlessly translates high volumes of raw blockchain data into actionable information. The global blockchain market is predicted to go up to $23.3 billion by 2023.Accordingly, there is a massive volume of crypto wallets, accounts, platforms and products available today.Tres enables the collection and aggregation of digital asset data across disparate wallets, accounts and platforms, reducing the workload of manual spreadsheets a process prone to human error by 80%. Companies like Tres that are preparing the world for Web3 have infinite use cases and its a delight to work with Tal Zackon, Elion Lotem and their team.Web3 promises to be a complicated ecosystem of digital assets and the need for a financial data lake like the one provided by Tres is going to be absolutely critical to any company that needs to monitor, analyze and report effectively. Its data engine can process tens of millions of transactions per month, 10X more than any other existing tool.Based in Tel Aviv, Tres is backed by some of the biggest names in crypto including boldstart ventures, F2, Mantis, New Form, Kenetic, Blockdaemon Ventures and Alchemy, along with notable angels from the crypto ecosystem.
Funding
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