Web3 accounting solution Entendre Finance has completed a $4 million seed round of financing, led by Basis Set

Web3 accounting solution Entendre Finance announced the completion of a $4 million seed round financing, led by Basis Set, with participation from Valhalla, Caffeinated, Moonpay, Alumni, MDig and Alpine. The valuation information has not been disclosed yet. Entendre provides an AI-driven automatic double-entry bookkeeping solution that can record entries for any blockchain transaction to accelerate Web3 adoption through automated on-chain financial operations and reduced operating costs.