Firstbase Raises $13M in Series A Funding

Trey Bastian (CTO) and Chris Herd (CEO), Firstbase

Firstbase, an Aberdeen, Scotland, UK and NYC-based provider of remote infrastructure for global teams, raised $13m in Series A funding.

The round was led by Andreessen Horowitz, with participation from B Capital Group, and Alpaca VC. This follows a $2m seed funding led by Alpaca in August 2020 with participation from Acceleprise, Remote First Capital and Backend Capital. In conjunction with the funding, Andreessen Horowitz’s David Ulevitch joined Firstbase’s Board of Directors.

The company intends to use the funds to accelerate growth plans through hiring, product development and increased customer deployment.

Co-Founded in 2019 by Trey Bastian (CTO) and Chris Herd (CEO), Firstbase is a remote work SaaS platform providing organizations with a centralized source to track and manage physical equipment assets. From laptops and monitors, to mics and headsets, and ergonomic chairs and adjustable desks, Firstbase handles deployment of assets, IT installation and upgrades, ongoing repairs, culture and perks, and asset collection when a worker leaves.

The software is currently in use with customers with remote workers across the U.S. and Europe, including: TaxJar, Hey Summit, Recording Academy, Robin Healthcare, Clubhouse, SureSwift Capital, Edify, Filtered, DMT, Elemendar, Italic, Zego and Verse.

FinSMEs

29/04/2021