BasicBlock

About

BasicBlock is a mobile application for truck drivers to scan and upload documents for quick and easy payment.

Lincoln,Nebraska,United States
11 - 50
http://basicblock.io

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $675K
Industries: Blockchain,Mobile Payments,Supply Chain Management,Transportation
Founded date: Jan 1, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: BasicBlock Inc.
Also Known As: Basicblock io

BasicBlock is a mobile application for truck drivers to scan and upload documents for quick and easy payment. The application allows drivers to save data by waiting for a WiFi connection to upload documents. They integrate with all major TMS systems to facilitate operations and automate as much manual work as possible.

BasicBlock was founded in 2018 and is headquartered in Omaha, Nebraska.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$3.94M

BasicBlock has raised a total of $3.94M in funding over 2 rounds. Their latest funding was raised on Jan 15, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 15, 2022	Seed	—	—	—	—	Detail
Mar 15, 2021	Series Unknown	$820K	—	—	—	Detail
Jan 21, 2021	Debt Financing	$500K	1	Invest Nebraska	—	Detail
May 8, 2020	Seed	$1.50M	5	Emergent Ventures	—	Detail
Aug 26, 2019	Debt Financing	$450K	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

6

BasicBlock is funded by 6 investors. Invest Nebraska and Emergent Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Invest Nebraska	Yes	Debt Financing
Emergent Ventures	Yes	Seed
Global Financial Group (“GFG”)	Yes	Seed
LAUNCH	—	Seed
Revolution’s Rise of the Rest Seed Fund	—	Seed
SaaS Ventures	—	Seed