Tally Raises $8 Million in Series A Funding
Tally, a company based in New York that provides a software platform for onchain organizations, has secured $8 million in Series A funding.
The funding round was led by AppWorks, Blockchain Capital, 1kx, and also included participation from CyberFund, Placeholder, BitGo, and Bloccelerate.
With this new investment, Tally aims to expand its infrastructure for the onchain economy.
The company, led by CEO Dennison Bertram, is known for powering infrastructure for various organizations such as Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol, Hyperlane, and other notable protocols. Initially designed as a DAO governance tool, Tally has grown to become the most widely utilized software stack for onchain organizations on Ethereum and Solana.
Currently, Tally’s platform has successfully onboarded hundreds of thousands of users through its launch tools. These users have collectively transacted over $1 billion in assets using Tally’s infrastructure. The company’s product suite caters to every aspect of an onchain organization’s journey, including launching, operating, and growing.
- Launch: Facilitate user onboarding, token issuance, and power distribution
- Operate: Manage treasury, upgrade smart contracts, and support major initiatives
- Grow: Enhance value through composable staking extensions
This latest funding round signifies a significant milestone for Tally as it continues to empower onchain organizations and contribute to the growth of the onchain economy.
Published on: 22/04/2025
