Firstbase, a Scotland and New York-based provider of remote infrastructure for global teams announced a $50 million Series B funding, bringing the company’s total funding raised to date to $65 million.
The round was led by Kleiner Perkins, with participation from existing investors including Andreessen Horowitz, Alpaca VC, and Forum Ventures.
The fresh capital will continue to fuel the company’s aggressive hiring, product development, operations, and geographic expansion.
Company: Firstbase, Inc.
Round: Series B
Funding Month: March 2022
Lead Investors: Kleiner Perkins
Additional Investors: Andreessen Horowitz, Alpaca VC, and Forum Ventures
Company Website: https://firstbasehq.com/
Software Category: Remote Work SaaS Platform
About the Company: Founded in 2019 by Herd and Trey Bastian, Firstbase is a remote work SaaS platform providing organizations with a centralized source to track and manage physical equipment assets. Firstbase is building the Employee Experience Management (EXM) platform for modern work. Firstbase’s customer base has grown 7x year-over-year, driving a revenue increase of 16x since April 2021. The platform supports customers from early-stage startups to $40 billion publicly-listed global businesses. Its EXM software is currently in use managing tens of thousands of remote workers across the U.S. and Europe. Firstbase is headquartered in Scotland and New York.