# SpaceBasic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spacebasic

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.spacebasic.com
- Latest round: Seed (Aug 23, 2023)
- Investors on record: 3

## About

Established in 2017 and based in Karnataka, India, SpaceBasic, Inc. operates as a provider of cloud-based software that offers payment solutions. Madhavi Shankar (CEO) and Indu Navar are the co-founders of the company. In August 2023, SpaceBasic, Inc. raised seed funding from Epic Angels, including TurboStart Global Events LLP and SucSEED Venture Partners. As of 2023, the company serves over 50 customers and also has an office in the US.

The company offers a comprehensive suite of solutions designed to simplify complex administrative tasks, reduce operational costs, and improve the overall student experience. The firm’s line of products includes campus housing, which offers an end-to-end automation system for campus housing; a digital cafeteria solution that helps institutions save on food expenses and reduce wastage by automating student cafeteria usage and analyzing consumption trends; smart IDs that enhance security and convenience, functioning as a digital key to campus services; and SpaceBasic Pay, which simplifies tuition payments and billing processes with its integrated payment system.

SpaceBasic's product suite’s key features include student onboarding, room management, roommate matching, community engagement, leave management, daily attendance tracking, maintenance request management, inventory tracking, AI-enabled analytics, and QR check-ins. In addition, the company also integrates with existing systems, offering centralized communication, IoT integration, and software plug-ins for maximum flexibility.

The organization plans to use the August 2023 funding to support business expansion and increase activities in sales and marketing.

## Funding rounds

- Seed, Aug 23, 2023 — SucSEED Venture Partners, Turbostart, Epic Angels

## Investors

- SucSEED Venture Partners (https://capitalatlas.ai/funds/sucseed-venture-partners) — Seed
- Turbostart (https://capitalatlas.ai/funds/turbostart) — Seed
- Epic Angels (https://capitalatlas.ai/funds/epic-angels) — Seed