Libra delivers middle and back office solutions that transform crypto transactional data into operational and audit‑ready financial information for institutions. Its core product is the Libra Crypto Office platform, which automates accounting, audit and tax processes for funds, fund administrators, exchanges, trading operations and enterprises. The company says its solutions provide real-time visibility to crypto transaction activity and holdings and supply scalable, secure reporting, compliance and control capabilities. Libra plans to use new funding to continue building out the Libra Crypto Office platform and to release new products and services later this year. Recent company announcements highlight support for fund administrators and ongoing expansion into customer segments such as miners, lenders and custodians. Libra was founded in 2014 and is based in New York City. Libra provides an enterprise platform that connects to blockchain and cryptocurrency ecosystem data sources and delivers standardized, real-time financial information in a scalable, secure, and auditable way. The company is focused on blockchain-native SaaS that automates accounting, audit, and tax processing and reporting. Recent funding will be used to continue building the Libra Enterprise Platform and to release new applications and data services offering continuous, automated financial workflows. Libra markets itself to demanding institutional customers that require high scalability, security, and regulatory-grade reporting and control. Founded in 2014, the company relocated from San Francisco to New York City to focus on customer sales and implementations. Jake Benson serves as CEO and the team includes engineers who previously built large-scale financial software platforms. Libra operates LibraTax, a platform that provides tools to calculate capital gains taxes across multiple digital currencies. The company is led by CEO Jake Benson and is based in San Francisco, CA. Its core product helps bitcoin and other digital-currency owners compute tax liabilities. Libra plans to expand its offerings into a suite of products for businesses, including tools to track sales tax and payroll tax for digital currencies. The company raised $500K in seed funding to support product development and expansion of its business-focused features.

Total raised

$23M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2018