Quild #72: Firstbase

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

Firstbase is a remote work SaaS platform that lets companies track and manage physical equipment assets. It aims to improve the quality of life by enabling remote work. The software platform helps companies set up, manage, maintain and retrieve all physical equipment remote workers need to work from home comfortably and effectively.

Founders: Chris (CEO), Trey (CTO)

Signals:

1. Repeat founders

   1. Chris and Trey co-founded Nexves a fintech company, before starting Firstbase

2. Top company alumni

   1. Trey worked at JP Morgan for 2 years

3. Fast team growth

   1. Grew 4.4x to 66 employees

   2. And hiring a lot more

4. Accelerated financing

   1. Founded 2019, announced seed in 2020, series A in 2021, series B in 2022

5. Midas list investors

   1. Kleiner Perkins led series B

   2. a16z led series A

Till tomorrow, Kenn