Monday, December 22, 2025
10.2 C
London

Firstbase: Raises $13M in Series A Funding

  • 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 also 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 also 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

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Klarna to Raise Funding in USDC to Boost Financial Services

Klarna explores new funding methods in the digital currency...

How Banking Regulations and Technology Fuel Economic Abuse Awareness

Exploring the role of fintech in combating economic abuse...

ABN AMRO Executes First Blockchain-Based Smart Derivatives Contract

Pioneering a new era in financial services with blockchain...

Post Office Partners with Cash Access UK for Enhanced Cash Services

Transforming cash access and convenience across Post Office branches. Highlights:...

Nirvana Secures $100M for AI-Driven Commercial Trucking Insurance

Funding aims to enhance AI capabilities in the trucking...

BOE Governor: AI Likely to Displace Jobs in Financial Sector

Exploring the impact of AI on employment within financial...

EuroCTP Designated EU Consolidated Tape Provider for Shares and ETFs

A transformative move for transparency in European financial markets. Highlights:...

FCA to Introduce Flexible Contactless Card Payment Limits by March 2026

New guidelines aim to enhance payment flexibility and consumer...
spot_img

Related Articles

Popular Categories

spot_imgspot_img