About Basanite Industries
Basanite Industries is a company based in Pompano Beach (United States) founded in 2006.. The company has 2 employees as of December 31, 2024. Basanite Industries offers products and services including BasaFlex™ and BasaMax.
- Headquarter Pompano Beach, United States
- Employees 2 as on 31 Dec, 2024
- Stage Public
-
Sectors
Chemicals & Materials
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Basanite Inc.
-
Annual Revenue
$434.73 K15.59as on Dec 31, 2024
-
Net Profit
$-1.73 M20.28as on Dec 31, 2024
-
EBITDA
$-627.56 K54.48as on Dec 31, 2024
-
Latest Funding Round
$5.25 M (USD), Post-IPO
Aug 30, 2021
-
Investors
-
Employee Count
2
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Basanite Industries
Basanite Industries is a publicly listed company on the OTC with ticker symbol BASA in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Basanite Industries
Basanite Industries offers a comprehensive portfolio of products and services, including BasaFlex™ and BasaMax. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
BasaFlex™ is engineered as an enhanced Basalt Rebar for concrete structures, where it is utilized as a non-corrosive and sustainable alternative to steel reinforcement.
BasaMax is provided as a composite material product that is applied in construction for various reinforcement needs, contributing to durability and eco-friendly practices.
Funding Insights of Basanite Industries
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $5.3M
-
First Round
First Round
(25 Oct 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Post-IPO - Basanite Industries | Valuation |
investors |
|
| Oct, 2019 | Amount | Post-IPO - Basanite Industries | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Basanite Industries
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Basanite Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Basanite Industries Comparisons
Competitors of Basanite Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Basanite Industries
Frequently Asked Questions about Basanite Industries
When was Basanite Industries founded?
Basanite Industries was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Where is Basanite Industries located?
Basanite Industries is headquartered in Pompano Beach, United States. It is registered at Pompano Beach, Florida, United States.
Who is the current CEO of Basanite Industries?
Richard Krolewski is the current CEO of Basanite Industries.
How many employees does Basanite Industries have?
As of Dec 31, 2024, the latest employee count at Basanite Industries is 2.
What is the annual revenue of Basanite Industries?
Annual revenue of Basanite Industries is $434.73K as on Dec 31, 2024.
What does Basanite Industries do?
Basanite Industries was established in 2006 as a manufacturer of concrete elements. Operations are centered in Pompano Beach, United States, where production focuses on precast concrete components for infrastructure and building projects. The company serves the construction sector by providing durable, standardized elements. Leadership is provided by CEO Richard Krolewski, with activities aligned to regional and national demands in the materials industry.
What products or services does Basanite Industries offer?
Basanite Industries offers BasaFlex™ and BasaMax.
Is Basanite Industries publicly traded?
Yes, Basanite Industries is publicly traded on OTC under the ticker symbol BASA.
What is Basanite Industries's ticker symbol?
The ticker symbol of Basanite Industries is BASA on OTC.