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Firstbase Raises $50 Million Series B Funding To Build The Employee Experience Management Platform For Modern Work

PRIVATEMar 25, 2022

Amount Raised

$50 Million

Round Type

Series B

WilmingtonInformation TechnologyProfessional ServicesSoftware

Description

Firstbase, a provider of remote infrastructure for global teams, today announced a $50 million Series B round led by Kleiner Perkins, bringing the company’s total funding raised to date to $65 million. Existing investors participating in the round include: Andreessen Horowitz, Alpaca VC, and Forum Ventures. Founded in late 2019 – just six months before the onset of the COVID-19 pandemic – Firstbase’s business has rapidly scaled to address the sudden demand for companies to enable employees to do great work from anywhere. The fresh capital will continue to fuel the company’s aggressive hiring, product development, operations and geographic expansion.

Quick answer

Firstbase raised $50 Million in a Series B round, dated March 25, 2022. Firstbase is based in Wilmington, Delaware, United States.

How much did Firstbase raise?
Firstbase raised $50 Million in a Series B round on March 25, 2022.
What does Firstbase do?
Firstbase is a single platform to equip teams & manage assets globally.
Where is Firstbase based and how big is it?
Firstbase is based in Wilmington, Delaware, United States.

Source: Fundz verified event record.

Who else raised in Professional Services and Software around the same time

Companies in the same sectors as Firstbase that raised within 45 days of this round, from Fundz verified event records.

  • Third Wave Coffee raised an undisclosed amount (Funding Round) on May 9, 2022.
  • Sentry raised $90M (Series E) on May 4, 2022.
  • Morrow Sodali raised an undisclosed amount on April 26, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Ex Fusion raised an undisclosed amount (Pre-Seed) on April 18, 2022.
  • Checkr raised $120M on April 14, 2022.

Who to call at Firstbase, and when

A new round usually means Firstbase is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Firstbase raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Firstbase, from your own LinkedIn network

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Company Information

Company

Firstbase

Location

Wilmington, Delaware, United States

About

Firstbase is a single platform to equip teams & manage assets globally. Our platform lets companies automate the full asset lifecycle by getting equipment to & from employees wherever they are in the world, providing a full history of actions taken on every device, and ensuring the right person has the right equipment from procurement to end of life. Trusted by leading startups like Abnormal and established giants like Spotify, Firstbase is the go-to Technology Management Platform at the worlds most innovative companies.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Firstbase raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.