Cryptocurrency portfolio tracker and tax calculator CoinTracker has attained “unicorn” status after raising $100 million in Series A financing, demonstrating once again that investors are allocating vast sums of capital toward crypto-focused companies.
The Series A investment round was led by California-based venture capital firm Accel, with additional participation from General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase (NASDAQ:COIN) Ventures, Intuit (NASDAQ:INTU) Ventures and Kraken Ventures. Individual investors who participated in the round included former Stripe chief operating officer Hughes Johnson, Coinbase board member Gokul Rajaram and Jeremy Liew, an early investor in Affirm and Snapchat.