BasicBlock
PrivateLast Round
Series A
Jan 24, 2022
Total Funding Raised
$80.18M
Company Overview
BasicBlock is a financial technology company founded in 2018 and based in Lincoln, Nebraska, that provides freight factoring and payment platform services to the trucking industry. Initially exploring blockchain technology, the company pivoted to focus on financial services for independent carriers and small fleets. Its primary mission is to help truckers get paid faster, improving their cash flow and access to working capital through services like same-day payments via its mobile application. The company has raised significant capital, including a $78 million debt and equity round in 2022, to expand its offerings and scale operations.
Sector
Mobility, Transportation & Logistics
Verticals
Lending & Credit, Digital Payments, Freight & Transportation
Business Model
B2B
Customer Profile
Payment Processing Fee
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
BasicBlock Comps
Public and private peers based on sector, stage, and business model.
BasicBlock Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 24, 2022 | ||||
| Seed | May 15, 2020 | ||||
| Pre Seed | Aug 14, 2019 |
Key People
Founding team and executive leadership
BasicBlock Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| TNT Ventures | Series A |
| Autotech Ventures | Series A |
| Emergent Ventures | Seed, Series A |
| SaaS Ventures | Seed, Series A |
| LAUNCH Fund | Seed |
| Invest Nebraska | Pre Seed, Seed |
| Clear Haven Capital Management | Series A |
BasicBlock Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about BasicBlock's valuation, stock price, and market status.
