# Binocs LLP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/binocs-llp

- Industry: Software
- Headquarters: Bangalore, India
- Website: http://www.binocs.co
- Total disclosed funding: $4M
- Latest round: Seed (Aug 12, 2022)
- Investors on record: 8

## About

Based in Bangalore, India, and founded in 2022, Binocs LLP provides a crypto portfolio and tax tracking system. In September 2022, the firm raised USD 4 million in a seed round led by investor BEENEXT with participation from other investors Accel, Arkam Ventures, Better Capital, Blume Ventures, Premji Invest, and Saison Capital. Angel investors also participated in the round. The company was co-founded by Tonmoy Singhal (CEO) and Pankaj Garg (CTO).

The company offers products for crypto traders, they need to enter their wallet address and company software will perform the taxation task. It integrates it with 300 plus exchanges and 50 wallets over more than 14 EVM compatible chains as well as it supports NFTs and De-Fi transactions also. Additionally, it offers products for exchanges and wallets, the firm provides end-to-end self-integration via multiple methods without API. Furthermore, the company offers a portfolio tracker to track the entire crypto portfolio via a single unified platform.

The company plans to use the September 2022 funding to expand its product, engineering, growth, and marketing teams.

## Funding rounds

- Seed, Aug 12, 2022, $4M — Accel, Premji Invest, Better Capital, Blume Ventures, BEENEXT, Saison Capital, Arkam Ventures, Unitary Fund

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Premji Invest — Seed
- Better Capital — Seed
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Seed
- Arkam Ventures (https://capitalatlas.ai/funds/arkam-ventures) — Seed
- Unitary Fund — Seed