The oversubscribed round was led by FTX Ventures with participation from Lux Capital, Exponent Founders Capital, Definition Capital, Coinbase Ventures, and insiders Founders Fund, Ramp, Dylan Field, Elad Gil, and Sabrina Hahn. The company plans to use the funding to hire engineers and expand the platform to support new blockchains and financial workflows.

Tactic streamlines cryptocurrency accounting for businesses that hold or interact with digital currencies. The platform provides a clear view of an organization's treasury and a robust transaction audit trail in an accounting-friendly format. Tactic works seamlessly with existing custody solutions such as Coinbase and traditional financial software like QuickBooks.