Building in web3? You need to check out Headquarters! They've just raised a $5M pre-seed to take out one of web3 firms' largest headaches — finances — so you can focus on building (or should we say, BUIDL-ing).

• They automate your finances and bring it all into one place for management, reporting and everything in between.

Investor check. Crypto.com Capital, Forge Ventures and MassMutual Ventures co-led the round. LongHash Ventures, Saison Capital, Ocular, Sky9 Capital, Coinhako, Insignia Ventures Partners, DWF Labs, Impossible Finance, Draper Startup House and Alpha Lab Capital Group and more also joined in.

• 👼🏻: Lukas Schor (Co-founder, Safe), Mohandass Kalaichelvan (Co-founder and CEO, Spenmo), Tianwei Liu (Co-founder, Xfers and StraitsX), Alex Svanevik (Co-founder and CEO, Nansen), Matthew Tan (Founder and CEO of Etherscan) and Chris McCann (Global Head, Carlyle Kingswood Global) and more.

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😎 Why it matters

Accounting, spend management and payroll is messy, manual, prone to mistakes and SUPER time-consuming — but it's even worse for web3 firms!

• Why? You have multiple wallets, accounts, exchanges and custodians holding your money, both in fiat and multiple types of crypto.
• Existing software and back-office solutions aren't compatible or optimal for web3 firms.

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🤑 Your new financial HQ

Forget logging into everything multiple times! Get total visibility of all your $$$ from wallets, accounts, exchanges and custodians in one place.

Control, control, control. With all the hacks in the news, security's key. Set custom transfer limits and access rights for the each team member!

No more endless copy-and-paste into Google Sheets. Automatically track all your transactions in one place, and even tag them and add notes.

Payments have never been this easy. Make payouts from just one place — and yes, you can even send bulk payouts for payroll.

• Building an app? You can even use their tech to enable bulk payouts on your app.

The tools you use, made better. With tons of integrations and automations, they connect with the tools you use and just make operations much, much faster.

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🚀 What's next?

They'll be focusing on building up their HQ Teams product, including bridging crypto wallets to more accounting, invoicing, payroll, spend management and fiat ramp tools.