About BasicGov
BasicGov is a company based in Vancouver (Canada) founded in 2010 was acquired by Pender in January 2020.. BasicGov has raised $2.45 million across 2 funding rounds from investors including Timia Capital and PenderFund Capital Management. BasicGov offers products and services including Enterprise Permitting Software, Launch Permitting Software, and Guide Pre-Application Assistant. BasicGov operates in a competitive market with competitors including GovWell, Simplicity, GoGovApps, CrimsonLogic and NiC, among others.
- Headquarter Vancouver, Canada
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.45 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Mar 04, 2019
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Investors
Timia Capital
& 1 more
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Employee Count
Employee Count
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Acquired by
Pender
(Jan 09, 2020)
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Products & Services of BasicGov
BasicGov offers a comprehensive portfolio of products and services, including Enterprise Permitting Software, Launch Permitting Software, and Guide Pre-Application Assistant. 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 large governments to handle complex permit processes efficiently.
Tools for small to mid-sized governments to manage essential workflows.
Assistant for pre-application processes using GIS for accurate configurations.
Funding Insights of BasicGov
BasicGov has successfully raised a total of $2.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2019. 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 Seed — $2.0M
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First Round
First Round
(01 Oct 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Seed - BasicGov | Valuation | Timia Capital |
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| Oct, 2010 | Amount | Angel Round - BasicGov | Valuation | Pender |
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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 BasicGov
BasicGov has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Timia Capital and PenderFund Capital Management. 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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A P2P platform for revenue-based financing is operated for startups.
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Diversified investment management services are provided since 2003.
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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 BasicGov
| 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 - BasicGov
| 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 |
Basicgov Comparisons
Competitors of BasicGov
BasicGov 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 GovWell, Simplicity, GoGovApps, CrimsonLogic and NiC, 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 |
Software solutions for local government workflow automation are provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for municipal communication and citizen services is provided.
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| domain | founded_year | HQ Location |
Provides CRM and mobile software for local government efficiency and citizen interactions.
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| domain | founded_year | HQ Location |
eGovernment solutions are delivered for agencies and citizens worldwide.
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| domain | founded_year | HQ Location |
Digital solutions and payment processing are provided to government agencies.
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| domain | founded_year | HQ Location |
E-governance solutions are delivered via ICT in rural areas.
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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 Basicgov
Frequently Asked Questions about BasicGov
When was BasicGov founded?
BasicGov was founded in 2010.
Where is BasicGov located?
BasicGov is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is BasicGov a funded company?
BasicGov is a funded company, having raised a total of $2.45M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $450K, raised on Oct 01, 2010.
What does BasicGov do?
BasicGov was founded in 2010 in Vancouver, Canada, as a provider of SaaS solutions for government operations. Web-based tools are delivered through the platform, covering permits, inspections, code enforcement, licensing, planning, and a citizen portal. Services are tailored to municipal and administrative needs, with a focus on streamlining routine tasks in the public sector across North America.
Who are the top competitors of BasicGov?
BasicGov's top competitors include Simplicity, CrimsonLogic and adam.
What products or services does BasicGov offer?
BasicGov offers Enterprise Permitting Software, Launch Permitting Software, and Guide Pre-Application Assistant.
Who are BasicGov's investors?
BasicGov has 2 investors. Key investors include Timia Capital, and PenderFund Capital Management.
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