When was Based founded?

Based was founded in 2022 and raised its 1st funding round 4 years after it was founded.

Where is Based located?

Based is headquartered in United States.

How many employees does Based have?

As of Aug 31, 2026, the latest employee count at Based is 8.

Is Based a funded company?

Based is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Feb 23, 2026.

When was the latest funding round of Based?

Based's latest funding was a $***** Series A round on Feb 23, 2026, with participation from 4 investors. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $2.33B in funding in 2026 to date.

Where does Based rank among its competitors?

Based ranks 117th amongst 2211 active competitors, of which 216 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Based, which secured $11.5M in Feb, 2026.

Who are the top competitors of Based?

Based's top competitors include Coinbase, Bitso and KuCoin. Among them, Based secured the most recent funding round in February, 2026.

Based - 2026 Company Profile, Team, Funding & Competitors

Based is a series A company based in United States, founded in 2022 by Edison Lim and Zac Lerzc. It operates as a Provider of a platform for trading, prediction markets, and crypto cards. Based has raised $11.5M in funding from Pantera Capital. The company has 2211 active competitors, including 216 funded and 45 that have exited. Its top competitors include companies like Coinbase, Bitso and KuCoin.

Company Details

Provider of a platform for trading, prediction markets, and crypto cards. It offers web, desktop, Android, and iOS applications for trading and prediction markets. The platform also provides crypto-funded Visa cards for spending at merchants. Resources include documentation, brand kits, blogs, and frequently asked questions.

Website: based.one
Social

Key Metrics

Founded Year

2022

Location

United States

Stage

Series A

Total Funding

$11.5M in 1 round

Latest Funding Round

Series A, Feb 23, 2026, $*****

Investors

Pantera Capital & 3 more

Ranked

117^th among 2211 active competitors

Employee Count

8 as on Aug 31, 2026

Similar Companies

Coinbase & 4410 more

View Based's full profile

Based has raised a total funding of $11.5M over 1 round. Its latest funding round was a Series A round on Feb 23, 2026 for $*****. 4 investors participated in its latest round. Based has 4 institutional investors.

Here is the list of recent funding rounds of Based:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 23, 2026	5746962	Series A	5598805	9258563	8108722	6636260

Access funding benchmarks and valuations. Sign up today!

View details of Based's funding rounds and investors

The founders of Based are Edison Lim and Zac Lerzc.

Here are the details of Based's key team members:

Edison Lim: Co-Founder of Based and founder of 1 other company.
Contact Info: 1 email address
Zac Lerzc: Co-Founder CTO of Based and founder of 1 other company.
Contact Info: 3 email addresses

View details of Based's Founder profiles and Board Members

Based's employee count trend

Based has 8 employees as of Aug 26. Here is Based's employee count trend over the years:

Uncover Based's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Based include Coinbase, Bitso and KuCoin. Here is the list of Top 10 competitors of Based, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coinbase 2012, San Francisco (United States), Public	Online platform for crypto portfolio	$547M	DFJ Growth, Serena Ventures & 148 others	87/100
2nd	Bitso 2014, Mexico City (Mexico), Series C	Online trading and exchange platform for cryptocurrency	$331M	QED Investors, Kaszek & 38 others	83/100
3rd	KuCoin 2017, Mahe (Seychelles), Series A	Cryptocurrency exchange and trading platform	$180M	NGC Ventures, Jump Crypto & 11 others	82/100
4th	CoinList 2017, San Francisco (United States), Series A	App-based trading platform for cryptocurrency	$119M	Accomplice, Polychain & 36 others	80/100
5th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 49 others	78/100
6th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, Meritech & 39 others	77/100
7th	Sygnum 2017, Zurich (Switzerland), Series C	Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets	$218M	Fulgur Ventures, SBI Digital Asset Holdings ... & 13 others	75/100
8th	Pintu 2016, Jakarta (Indonesia), Series B	App-based platform for storing, buying, and selling digital assets and cryptocurrencies	$154M	Lightspeed Venture Partners, Pantera Capital ... & 8 others	74/100
9th	Voyager 2017, New York City (United States), Public	App-based trading platform for cryptocurrency	-	EDBI, Alpha Sigma Capital & 19 others	73/100
10th	SwissBorg 2016, Lausanne (Switzerland), Series A	B2B robo advisory and crypto wealth management solution	$27M	Swiss ICT Investor Club, London Real Ventures ... & 1 others	73/100
117th	Based 2022, United States, Series A	Provider of a platform for trading, prediction markets, and crypto cards	$11.5M	Wintermute, Pantera Capital & 2 others	44/100