About Basic Capital
Basic Capital is a Technology company based in New York (United States) founded in 2021. Financial planning and advisory solution for individuals and businesses. Basic Capital has raised $25 million across 1 funding round from investors including Forerunner Ventures, Lux Capital and SV Angel. Its website basiccapital.com draws about 13 thousand monthly visits. Basic Capital offers products and services including Basic Capital Platform and Basic Capital 401(k). Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Financial Planners and Advisors. Its legal entity is Basic Capital Group Inc. Its competitors include The Tifin Group, Ascensus and Learnvest; 2 of its 3 listed competitors have raised funding.
Company details
Basic Capital was founded in 2021 in New York, United States, within the financial services sector. Advisory solutions for wealth building, retirement planning, and investment strategies are provided to individuals, businesses, employers, sole proprietors, advisors, brokers, and fintechs. Operations focus on turn-key tools that enable larger investment bases and basic capital access, supporting comprehensive financial management across various client types.
- Headquarters New York, United States
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website basiccapital.com
- Social LinkedIn
- Legal Name Basic Capital Group Inc.
- Total Equity Funding$25M (USD)
in 1 rounds
- Latest Funding Round$25M (USD), Series A
Aug 2025
- InvestorsForerunner Ventures
& 6 more
Products & Services of Basic Capital
Basic Capital offers a comprehensive portfolio of products and services, including Basic Capital Platform and Basic Capital 401(k).
Platform for financing investments and supplementing user contributions.
401(k) plan that provides additional capital for employee investments.
Funding Insights of Basic Capital
Basic Capital has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in August 2025. 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 $25M
- Total Rounds 1
- Last Round Series A — $25M
- First Round $25M
(Aug 2025)
- Investors Count 7
All 1 funding rounds of Basic Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $25M | Series A | – | Forerunner Ventures, Lux Capital |
7 investors in total: 6 institutional and 1 angel.
Investors in Basic Capital
Basic Capital has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Forerunner Ventures, Lux Capital and SV Angel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are directed toward tech startups by Forerunner Ventures. | forerunnerventures.com | San Francisco, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Investing in early-stage tech companies and ideas. | boxgroup.com | |||
HOF Capital is engaged in venture capital investments. | hofcapital.com | New York, United States | ||
Inspired Capital is focused on backing early-stage founders. | inspiredcapital.com | |||
HK Henry Kravis | Co-founder of KKR, prominent global investor, active in private equity | unknown_f6f86429d06d4f448 |
Investor details for Basic Capital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Basic Capital
1 people are tracked at Basic Capital (1 in leadership).
| Name | Role | Group |
|---|---|---|
Abdul Al-Asaad | Co-founder, CEO | Leadership |
Complete people profiles for Basic Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Basic Capital
2 dated milestones of Basic Capital across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Basic Capital is founded.
- Funding First funding round of $25.0M.
Competitors of Basic Capital
Basic Capital has 3 listed competitors in our database, 2 of them funded. They include The Tifin Group, Ascensus and Learnvest.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tifin.com | 2018 | New York, United States | $219.01M | AI-enabled financial planning and advisory solutions are provided for individuals. | ||
| ascensus.com | 1980 | Dresher, United States | 5,112 | Retirement, health, and college savings services are administered nationwide. | ||
| learnvest.com | 2009 | New York, United States | $85.75M | 148 | Personal finance management and investment advise |
Detailed competitors of Basic Capital
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Basic Capital
The website of Basic Capital (basiccapital.com) receives about 13K visits a month.
- Monthly visits13K
Websites whose visitors overlap most with Basic Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
news.fintech.io | news.fintech.io | 100% | – | ||
| realinvestmentadvice.com | 92% | #379,323 | View details | ||
| wealthmanagement.com | 74% | 206.6K | #257,816 | View details |
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Basic Capital (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Basic Capital
Complete news archive for Basic Capital
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Frequently Asked Questions about Basic Capital
Basic Capital was founded in 2021 and raised its 1st funding round 4 years after it was founded.
Basic Capital is headquartered in New York, United States. It is registered at New York, New York, United States.
Basic Capital is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Aug 2025.
Basic Capital was founded in 2021 in New York, United States, within the financial services sector. Advisory solutions for wealth building, retirement planning, and investment strategies are provided to individuals, businesses, employers, sole proprietors, advisors, brokers, and fintechs. Operations focus on turn-key tools that enable larger investment bases and basic capital access, supporting comprehensive financial management across various client types.
Basic Capital's top competitors include The Tifin Group, Ascensus and Learnvest.
Basic Capital offers Basic Capital Platform and Basic Capital 401(k).
Basic Capital has 7 investors. Key investors include Forerunner Ventures, Lux Capital, SV Angel, BoxGroup, and Henry Kravis.
Basic Capital operates through Basic Capital Group Inc..