Basno

Basno provides digital badges and certificates designed to enhance recognition and visibility for individual and institutional achievements across educational and professional sectors. Basno specializes in creating digital credentials that validate skills and accomplishments. Founded by Nicholas Thorne, the company is headquartered in New York, US. In July 2013, Basno raised USD 0.

775 million in the second tranche of their Series A funding round from investors including Empire Angels, Index Ventures, MESA+, Plough Penny Advisors, and RRE Ventures. The total amount raised to date is USD 0. 775 million. Basno specializes in providing digital badges and certificates that enhance recognition and visibility of achievements.

Their offerings are designed for educational institutions, corporations, and organizations, facilitating effective credentialing processes. Products are primarily marketed in North America, with growing interest in Europe and other global markets. Basno generates revenue through a subscription-based model, partnering with clients to utilize their digital badge and certificate services. These partnerships typically involve tiered service packages, including customized features.

The services are essential for clients to authenticate and communicate accomplishments effectively. Basno intends to leverage the recent funding of USD 0. 775 million raised in July 2013 to enhance their product offerings and expand into new markets. The company is focused on launching new products designed to improve user engagement and expand into European and other global markets by 2015.