About Basemark
Basemark is a company based in Helsinki (Finland) founded in 2015.. Basemark has raised $31.75 million across 2 funding rounds from investors including European Union, Business Finland and ETF Partners. Basemark offers products and services including Rocksolid AR, Rocksolid AR Studio, BATS, and Professional Services. Basemark operates in a competitive market with competitors including MathWorks, Luos, Primarius, ChipStack and Inspirit IoT, among others.
- Headquarter Helsinki, Finland
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Basemark Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.75 M (USD)
in 2 rounds
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Latest Funding Round
$23.85 M (USD), Series B
Apr 09, 2024
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Investors
European Union
& 4 more
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Employee Count
Employee Count
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Products & Services of Basemark
Basemark offers a comprehensive portfolio of products and services, including Rocksolid AR, Rocksolid AR Studio, BATS, and Professional Services. 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.
Software for rapid development of automotive AR applications.
Tool for designing immersive AR experiences in vehicles.
Platform for automotive AR tools and runtime support.
Support for AR projects in automotive production.
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Funding Insights of Basemark
Basemark has successfully raised a total of $31.75M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $23.85 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $23.9M
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First Round
First Round
(07 Jul 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series B - Basemark | Valuation | ETF Partners | |
| Jul, 2020 | Amount | Series A - Basemark | Valuation | ETF Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Basemark
Basemark has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Business Finland and ETF Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in tech and energy sectors are targeted.
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location | |
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A venture capital fund is operated to support early-stage technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Basemark
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Basemark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Basemark Comparisons
Competitors of Basemark
Basemark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MathWorks, Luos, Primarius, ChipStack and Inspirit IoT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mathematical computing software is developed for algorithm solutions.
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| domain | founded_year | HQ Location |
Developer of an engine for linking systems from microcontrollers to supercomputers
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| domain | founded_year | HQ Location |
EDA solutions for chip design development are provided.
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| domain | founded_year | HQ Location |
Systems for chip design are developed using integrated software stacks.
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| domain | founded_year | HQ Location |
AI consulting and development for IoT hardware acceleration are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Basemark
Frequently Asked Questions about Basemark
When was Basemark founded?
Basemark was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Basemark located?
Basemark is headquartered in Helsinki, Finland.
Is Basemark a funded company?
Basemark is a funded company, having raised a total of $31.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.9M, raised on Jul 07, 2020.
What does Basemark do?
Basemark was founded in 2015 in Helsinki, Finland, as a developer of augmented reality software and tools targeted at automotive applications. Software suites are provided for the development and deployment of augmented reality solutions. Professional services are offered to support series production projects in the automotive sector. Operations emphasize augmented reality technologies aimed at enhancing driving safety and driver awareness.
Who are the top competitors of Basemark?
What products or services does Basemark offer?
Basemark offers Rocksolid AR, Rocksolid AR Studio, BATS, and Professional Services.
Who are Basemark's investors?
Basemark has 5 investors. Key investors include European Union, Business Finland, ETF Partners, Tesi, and Constructor Capital.
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