# BaseKit Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basekit-platform

- Industry: Internet
- Headquarters: Chepstow, UK
- Website: www.basekit.com
- Total disclosed funding: $9.6M
- Latest round: Series B (Mar 29, 2011)
- Investors on record: 4

## About

BaseKit Platform Limited is a technology company that offers an AI-powered website and e-commerce builder, enabling small businesses to create branded online platforms effortlessly.Founded in 2008 in Chepstow, UK, BaseKit Platform Limited provides a robust platform for website and e-commerce solutions. The company has successfully completed a total of 7 deals, with the latest funding round being a GBP 2.5 million Growth round on February 20, 2018, led by Growth Lending. The founder, whose details are not provided, has experience in building technology companies. BaseKit operates from its headquarters in Chepstow and has expanded its presence into over 40 global markets.BaseKit’s primary offering is its white-label AI-powered website and e-commerce builder, designed for small businesses seeking to establish an online presence under their own brand. This platform enables users to create mobile-ready websites and online stores effortlessly, utilizing an AI-driven, no-code interface that simplifies the web development process for non-technical users. The solution includes features such as an intuitive booking system, customizable inventory management, and a built-in AI product writer that generates personalized product descriptions. BaseKit's products are deployed in over 40 global markets, supporting 25 languages, and cater to diverse sectors including banking, finance, telecommunications, and web hosting. The company serves a wide range of clients, from small and medium-sized enterprises (SMBs) to large partners, each benefiting from the robust, scalable nature of BaseKit's platform.In 2012, BaseKit reported a revenue of GBP 1,302,228.70, with an EBITDA of GBP -4,274,263.60. The company generates revenue primarily through partnerships and subscriptions, allowing businesses to integrate BaseKit's website and e-commerce solutions within their service offerings. Clients, such as hosting providers and telcos, utilize BaseKit's platform to deliver self-branded website and store solutions to their customers, enhancing their product portfolios. The transaction structure typically involves a subscription model based on consumption levels, enabling tiered pricing plans. Additional services such as marketing consultancy and project management bolster revenue streams.BaseKit plans to leverage the GBP 2.5 million growth capital financing from February 2018 to enhance its product offerings and expand into new markets. Specific new products are being designed but no release dates have been disclosed. The company is targeting an expansion into untapped regions within Europe and Asia by late 2023, aiming to broaden its customer base. The growth strategy includes the enhancement of existing services and the introduction of new features to its platform, ensuring they meet the evolving needs of their clients.

## Funding rounds

- Series B, Mar 29, 2011, $6.4M — Eden Ventures, Nauta Capital, NESTA Investments
- Series A, Feb 16, 2010, $2.5M — Eden Ventures, NESTA Investments
- Series A, Mar 24, 2009, $0.6M — Seedcamp

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Series A
- Eden Ventures — Series A, Series B
- NESTA Investments — Series A, Series B
- Nauta Capital (https://capitalatlas.ai/funds/nauta-capital) — Series B