Basis Finance

Basis.so operates as a dedicated financial planning and analysis (FP&A) platform tailored for growth-stage companies. The company was established in 2020 with Bebe Kim as a co-founder and CEO. Before its acquisition on June 7, 2024, Basis was a venture-backed private company, securing $3.5 million in funding from investors including Afore Capital, Andreessen Horowitz, Chapter One, and Designer Fund.

The core of the business is a collaborative software platform designed to streamline financial operations for executive and finance teams. The system aggregates financial data from numerous sources, enabling users to construct budgets, generate financial forecasts, and produce analytical reports. This functionality aims to unify executive and finance departments, fostering more informed business decisions. The platform serves as a central hub for financial data, facilitating forward-planning and analysis.

Basis targets venture-backed startups and high-growth companies that require robust financial management tools to handle rapid expansion. The business model centered on providing this financial planning application to help these companies manage their finances more effectively. For its own operations, the company utilized modern tools like Slack and Notion, and integrated with finance products such as Ramp and Brex, reflecting a culture aligned with its startup client base. As CEO of a company managing financial data, Bebe Kim emphasized the importance of being vigilant about finances, a principle that guided both her own company's operations and the product's development. Keywords: financial planning and analysis, FP&A software, startup finance, growth-stage companies, financial forecasting, budget management, data automation, corporate finance, Bebe Kim, collaborative finance, business intelligence, financial reporting, venture-backed startups, Andreessen Horowitz, financial modeling, strategic finance, executive finance tools, tech startup finance, SaaS finance, business decision support