Firstbase

Wilmington, United States Founded: 2019 • Age: 7 yrs Acquired By AppDirect
SaaS-driven facility management solutions are provided for office assets.
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About Firstbase

Firstbase is a company based in Wilmington (United States) founded in 2019 by Chris Herd was acquired by AppDirect in December 2024.. Firstbase has raised $65.02 million across 3 funding rounds from investors including AppDirect, Kleiner Perkins and Andreessen Horowitz. Firstbase offers products and services including Firstbase Platform. Firstbase operates in a competitive market with competitors including Lansweeper, CoreView, Spiceworks, Snow Software and Sitetracker, among others.

  • Headquarter Wilmington, United States
  • Founders Chris Herd
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Firstbase, Inc.
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $65.02 M (USD)

    in 3 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Mar 25, 2022

  • Investors
    AppDirect

    & 10 more

  • Employee Count
    Employee Count
  • Acquired by
    AppDirect

    (Dec 17, 2024)

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Products & Services of Firstbase

Firstbase offers a comprehensive portfolio of products and services, including Firstbase Platform. 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.

Primary

Tool for automating equipment procurement and lifecycle management

Funding Insights of Firstbase

Firstbase has successfully raised a total of $65.02M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in March 2022. 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 Rounds 3
  • Last Round Series B — $50.0M
  • First Round

    (01 Aug 2020)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series B - Firstbase Valuation Kleiner Perkins
Apr, 2021 Amount Series A - Firstbase Valuation a16z
Aug, 2020 Amount Seed - Firstbase Valuation Alpaca
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Firstbase

Firstbase has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include AppDirect, Kleiner Perkins and Andreessen Horowitz. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Pre-seed stage startups are funded by Forum Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Firstbase

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Firstbase

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Firstbase Comparisons

Employees
+
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Competitors of Firstbase

Firstbase 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 Lansweeper, CoreView, Spiceworks, Snow Software and Sitetracker, 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
Cloud-based IT asset management software is provided by Lansweeper.
domain founded_year HQ Location
Cloud based software asset management software provider
domain founded_year HQ Location
IT professional networking platform
domain founded_year HQ Location
Cloud management solutions for hybrid and multi-cloud environments are provided.
domain founded_year HQ Location
Cloud-based project and asset management solutions are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Firstbase

Frequently Asked Questions about Firstbase

When was Firstbase founded?

Firstbase was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Firstbase located?

Firstbase is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Who is the current CEO of Firstbase?

Chris Herd is the current CEO of Firstbase. They have also founded this company.

Is Firstbase a funded company?

Firstbase is a funded company, having raised a total of $65.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Aug 01, 2020.

What does Firstbase do?

Firstbase was founded in 2019 and is headquartered in Wilmington, United States. Operations focus on the facility management sector through a SaaS platform. Computer-aided tools are offered for managing office space assets, including asset tracking, workforce scheduling, retrieval processes, and related functions. The solutions target facility managers seeking efficient oversight of physical infrastructure.

Who are the top competitors of Firstbase?

Firstbase's top competitors include Axonius, Lansweeper and Sitetracker.

What products or services does Firstbase offer?

Firstbase offers Firstbase Platform.

Who are Firstbase's investors?

Firstbase has 11 investors. Key investors include AppDirect, Kleiner Perkins, Andreessen Horowitz, Forum Ventures, and Alpaca.

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