- Gilded is an enterprise-grade crypto accounting platform, that revolutionizes web3 financial reporting.
- The startup offers crypto accounting solutions, easing digital asset integration for businesses.
- With a user-friendly interface and $5M seed funding, Gilded stands out in the market, empowering businesses to thrive in the evolving cryptocurrency landscape.
The system of transactions and wealth is changing at a constant speed, and keeping up is the job of new business owners, especially start-up entrepreneurs. Their new business is embracing new technology, a new society, a new system of exchange, and a new world.
“The Only Constant in Life Is Change.”- Heraclitus
Around 2018 we were introduced to a new form of transition for buying and selling digital assets which we couldn’t even touch with intangible money.
These digital assets were called NFTs, and the currency is called Cryptocurrency. I don’t need to give you a lesson about these two because if you are reading this, you know about them, but if you don’t, I will leave links to read about them.
This changed our thinking of transactions, assets and liabilities, and currency. and gave us a new world, “Metaverse.”
Now cryptocurrency is a very big portion of wealth used by people to buy NFTs, do cross-border payments, and do investments but how will it be accounted for? How will you track the money? How will you prepare an invoice?
Why Cryptocurrency is important?
Gilded Inc. is a crypto accounting tool designed to help businesses integrate digital assets into their existing accounting process. This company helps with crypto accounting tools, including bookkeeping, invoicing, payments, financial reports, tax compliance, and security, enabling businesses to simplify and streamline their accounting process.
Its interface is user-friendly, which will help you to have total control over your company's finances.
The adoption of cryptocurrency in the field of e-commerce and retail is rising. According to Coinmarketcap Cryptocurrency market value on July 18, 2023, was 1.2 trillion. And will increase as we move closer to making the metaverse a reality.
Apple just launched its latest product Vision Pro which is an AR (Augmented Reality) headset and showed the world that the metaverse isn’t going anywhere anytime soon.
It will keep you updated with the world and free up your time exponentially which is crucially important for an entrepreneur. Being on the blockchain makes you more secure and will keep you in competition with your rivals.
This can open a business to a whole new class of consumers. Nowadays, employees of big corporations demand their salary in cryptocurrency to avoid the hassle of buying it by themselves and paying taxes.
Gilded is a relatively new company, so it does not have a large market share compared to some of its competitors. However, Gilded has raised $5 Million in seed funding from 11 institutions. Some of them are Alumni Ventures, Bonfire Ventures, Red Beard Ventures, Revelry, Silicon Badia, etc. Gilded Clientele comprises Trust Swap, Aus Merchant, Edge, Fortunafi, and APY. Finance, CryptoCompare, CoinMarket Cap, Blocknative, and 56 more.
This strong clientele and their amazing and affordable product show the company is growing rapidly and is well-positioned to capture a significant share of the market in the future.
According to a recent report by Deloitte, millennials are more likely to use personal finance management apps than older generations. The report found that 57% of millennials use personal finance management apps, compared to 43% of Gen Xers and 35% of baby boomers.
On behalf of this report and the company’s portfolio Gilded is well-positioned to capture a significant share of the millennial market.
The company's product is well-designed and easy to use, which surely gives them an upper hand over the competitors.
Gilded is one of the best solutions on the market today that makes it possible for businesses to pay employees and contractors in crypto, and account for crypto transactions automatically.
They have a feature that can help you send salary to your whole staff simultaneously making its report and accounts, so annual reports will be hassle-free, and you can see everything on the tip of your fingers.
Team Behind Gilded
Founded in 2018 by serial entrepreneurs Gil Hildebrand and Ken Gaulter. Gilded’s mission is to onboard the next million businesses to web3 by providing the accounting and financial reporting tools to succeed in this new economy.
“Gilded's crypto accounting software is an essential part of our metaverse content creation business. It puts crypto payments, accounting and invoicing in easy mode. Game changer.”—Alva Cottingham, Founder at Suten Games
“Gilded makes the integration of the sales process to the receipt of payment easier, enabling our team to focus on delivering value to customers instead of managing the payment process manually. We have more predictability and can leverage on Gilded’s initiatives on best practices as well.”—Spencer Yang, Former VP of Operations & Growth at CoinMarketCap
"Super happy with Gilded. Invoicing in QB is a pain in the butt, especially in crypto. This solves a real problem." —Jessica Payne, CFO at Edge Wallet
Gilded is a game-changing start-up founded by Gil Hildebrand that is transforming the world of financial management.
By tackling the challenges businesses face in handling their finances, Gilded offers innovative solutions that streamline operations and maximize efficiency.
With their cloud-based platform, Gilded simplifies complex financial processes and empowers entrepreneurs and professionals to focus on what truly matters: growing their businesses.
Their remarkable market share, revenue growth, and dedicated team are testaments to the impact they are making in the financial technology industry.
This new medium is promising and terrifying, but with the help of new tools like Gilded, you can embrace that change and can open you to a lot more opportunities than you can see.
Are you working on an innovative product? We would love to hear your story. Share it with us at [email protected]
Edited by Shruti Thapa