Octav Raises $2.65 Million To Help Label DeFi Transactions

Octav Raises $2.65 Million To Help Label DeFi Transactions

September 12, 2023 – Montreal, Canada

Octav, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the ‘QuickBooks of crypto.’

Mathieu Baril, co-founder and CEO of Octav, said,

“There hasn’t been a systematic way where the DeFi community can decipher all their transactions from block explorers and get their data in one convenient dashboard. So, it became clear to us that data labeling is missing in DeFi.”

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Octav is led by Mathieu Baril and Luc Blackburn, both of whom have previously worked at companies like Zapper, Accedian Network and Otodata before starting Octav.

Octav boasts a variety of esteemed Investors including Nascent, Polymorphic Capital, Parallel Studio, Spaceship DAO, Investmeows, Possible

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