# Basis NZ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/basis-nz

- Industry: Internet
- Headquarters: Auckland, New Zealand
- Website: www.wearebasis.com
- Total disclosed funding: $16M
- Latest round: Series A (Jul 16, 2024)
- Investors on record: 1

## About

Founded in 2020 and based in Auckland, New Zealand, Basis NZ Limited operates as a home energy management company that offers technological solutions for energy usage. The company was founded by Julyan Collett and Danny Purcell. In July 2024, Basis NZ Limited raised USD 16 million in Series A funding led by GD1.

The company’s product line includes the Basis smart panel called Leo, which is an IEC-compliant next-generation smart panel designed to enhance home energy efficiency and safety. In addition, the company offers a Basis Home App, which provides a comprehensive view of a user’s home's energy usage, electrical health, and safety.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include Basis Core (USD 3,599), Basis Control (USD 4349), and Basis Future (USD 4699).

## Funding rounds

- Series A, Jul 16, 2024, $16M — GD1

## Investors

- GD1 (https://capitalatlas.ai/funds/gd1) — Series A