consola.finance is a technology company.
consola.finance has raised $1.0M across 1 funding round.
consola.finance has raised $1.0M in total across 1 funding round.
Consola Finance is a fintech startup that built a SaaS platform for automating crypto bookkeeping, accounting, and financial reporting, targeting Web3 businesses to handle complex crypto transactions across multiple blockchains and wallets[1][3][4][5]. It serves crypto-native companies, accountants, and enterprises by solving pain points like manual data reconciliation, error-prone categorization, and compliance reporting for assets on over 25 chains (e.g., Ethereum, Solana, Polygon) and 20+ exchanges, with integrations to tools like QuickBooks, Xero, and Request Finance[3][5]. The platform raised $1.1M before being acquired by Request Finance in March 2024, enhancing the acquirer's all-in-one crypto-fiat finance suite and demonstrating strong early growth in the Web3 accounting niche[1][2].
Founded in 2022 in Vienna, Austria, as Consolafi GmbH, Consola Finance emerged to address the chaos of crypto financial management amid booming Web3 adoption, where businesses struggled with fragmented transaction data from diverse blockchains[1][4][5]. Led by CEO Jacob Kobler, the team focused on delivering 100% data accuracy—verified against block explorers during onboarding—and built traction through reliable automation, supporting features like AI-driven categorization, cost-basis calculations (FIFO, LIFO, HIFO), and real-time dashboards[2][3][5]. Pivotal momentum came from integrations and backing by top investors, culminating in its acquisition by Request Finance in March 2024, just two years post-founding, to merge its crypto accounting prowess into a broader enterprise platform[1][2].
Consola Finance rode the post-2021 crypto bull market's wave, where Web3 firms faced exploding transaction volumes but lacked compliant accounting tools amid regulatory scrutiny from bodies like the IRS and EU's MiCA[1][3]. Its timing aligned with enterprises scaling crypto operations—handling fiat-crypto hybrids—fueling demand for automated sub-ledgers that bridge traditional finance and DeFi[2][5]. By consolidating data from protocols and smart contracts, it reduced reliance on spreadsheets, influencing the ecosystem toward standardized crypto reporting and enabling faster adoption; the Request Finance acquisition amplifies this by powering $700M+ in transactions for 2,000+ companies, accelerating all-in-one platforms in a market projected to grow with institutional crypto inflows[2].
Post-acquisition, Consola Finance's tech now supercharges Request Finance as the go-to for enterprise crypto-fiat ops, with expansions into payroll, expenses, and global payments likely next amid rising tokenization and RWAs[2]. Trends like AI auditing, real-time compliance, and multi-chain interoperability will shape its trajectory, potentially evolving into a dominant force as businesses manage trillions in on-chain value. This positions it to redefine Web3 finance, turning early bookkeeping headaches into scalable insights—proving specialized tools like Consola's are key hooks for the next crypto enterprise wave[1][2][5].
consola.finance has raised $1.0M in total across 1 funding round.
consola.finance's investors include Altair Capital Management, Animoca Brands, Atomico, Blockchain Founders Fund, Calm/Storm Ventures, Jenny Fielding, Scott Hartley, Notion Capital, Passion Capital, Wing Venture Capital, Ian Hogarth, Jose Gaztelu.
consola.finance has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $1.0M Seed | Altair Capital Management, Animoca Brands, Atomico, Blockchain Founders Fund, Calm/Storm Ventures, Jenny Fielding, Scott Hartley, Notion Capital, Passion Capital, Wing Venture Capital, Ian Hogarth, Jose Gaztelu, Marc McCabe, Nicolas Julia, Paul Forster |