About Basware
Basware is a company based in United Kingdom founded in 2003 was acquired by Glantus in November 2021. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Basware offers products and services including AP Automation, e-Invoicing Network, and Procure-to-Pay.
- Headquarter Hertfordshire, United Kingdom
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Sectors
Business Services
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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 Basware Oy
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Products & Services of Basware
Basware offers a comprehensive portfolio of products and services, including AP Automation, e-Invoicing Network, and Procure-to-Pay. 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.
Automation of accounts payable processes is provided efficiently.
Electronic invoicing solutions are offered for global compliance.
End-to-end procurement and payment solutions are delivered.
Funding Insights of Basware
| 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 Basware
Basware has secured backing from 1 investor. Prominent investors backing the company include Glantus. 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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Accounting solutions for enterprises are provided by Glantus.
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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 Basware
| 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 - Basware
| 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 |
Basware Comparisons
Competitors of Basware
| 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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Frequently Asked Questions about Basware
When was Basware founded?
Basware was founded in 2003.
Where is Basware located?
Basware is headquartered in United Kingdom. It is registered at Hertfordshire, United Kingdom.
What does Basware do?
Basware is established as a global leader in accounts payable automation and cloud-based procure-to-pay solutions. The company is trusted by major brands to manage over 230 million invoice transactions annually. Solutions are provided across various sectors with a focus on intelligent automation, full compliance, and end-to-end invoice lifecycle management. An extensive dataset of over 2.2 billion invoices is utilized to enhance AI-driven processes. Services are designed to consolidate systems and simplify business operations for finance teams worldwide.
What products or services does Basware offer?
Basware offers AP Automation, e-Invoicing Network, and Procure-to-Pay.
Who are Basware's investors?
Basware has 1 investor. Key investors include Glantus.
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