Tech Company Financing Transactions
Basic Capital Funding Round
Basic Capital closed a $25 million Series A financing round on 8/19/2025. Backers included Forerunner Ventures, Lux Capital and Box.
Transaction Overview
Company Name
Announced On
8/19/2025
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its expansion efforts to optimize and enhance 401(k) offerings for employers and employees.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Basic Capital helps you own a piece of the system--by making it possible to finance investments. Basic Capital is built for long-term investors seeking broad market exposure and tax-advantaged growth. The financing is designed to remain in place for the duration of your investment and does not require scheduled repayment, allowing you to stay focused on long-term compounding.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Abdul Al-Asaad
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Where The Data Comes From
Our team works diligently to record tech company VC transactions. All VC database entries on this site come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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