About Basno
Basno is a company based in New York (United States) founded in 2010 by Kjartan Olafsson.. Basno has raised $1.23 million across 2 funding rounds from investors including Empire Angels, Plough Penny Partners and MESA Ventures. Basno operates in a competitive market with competitors including Credly, CritterCoin, Navigatr, Badge List and Discobolo, among others.
- Headquarter New York, United States
- Founders Kjartan Olafsson
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Sectors
Education
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Email
***********
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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
$1.23 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Series A
Jul 02, 2013
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Investors
Empire Angels
& 4 more
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Employee Count
Employee Count
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Funding Insights of Basno
Basno has successfully raised a total of $1.23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in July 2013. 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 A — $1.0M
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First Round
First Round
(01 Jun 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2013 | Amount | Series A - Basno | Valuation |
investors |
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| Jun, 2011 | Amount | Angel Round - Basno | Valuation |
investors |
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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 Basno
Basno has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Empire Angels, Plough Penny Partners and MESA Ventures. 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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Angel Network for New York City-based companies
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Founded Year | Domain | Location | |
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Limited information is provided about Plough Penny Partners.
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Founded Year | Domain | Location | |
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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 Basno
| 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 - Basno
| 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 |
Basno Comparisons
Competitors of Basno
Basno 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 Credly, CritterCoin, Navigatr, Badge List and Discobolo, 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 |
Digital badge creation platform
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| domain | founded_year | HQ Location |
Digital platform rewarding student behavior through coins, houses, and rewards in schools.
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| domain | founded_year | HQ Location |
Digital badges are created and issued through an online platform.
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| domain | founded_year | HQ Location |
Learning portfolio management platform
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| domain | founded_year | HQ Location |
Platform for issuing and managing digital certificates, diplomas, and badges securely.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Basno
When was Basno founded?
Basno was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Basno located?
Basno is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Basno a funded company?
Basno is a funded company, having raised a total of $1.23M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $225K, raised on Jun 01, 2011.
What does Basno do?
Basno was founded in 2010 and is based in New York, United States. Operations focus on the education technology sector, where digital badges and certificates are created, collected, and shared by clients including universities, certification agencies, and test administrators. Services are delivered through a monthly subscription model, supporting skill validation across various professional and educational contexts.
Who are the top competitors of Basno?
Basno's top competitors include Credly, Navigatr and Badge List.
Who are Basno's investors?
Basno has 5 investors. Key investors include Empire Angels, Plough Penny Partners, MESA Ventures, RRE Ventures, and Index Ventures.
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