How Much Did Basta Raise?
Funding & Key Investors

Basta, a non-profit organization dedicated to tenant rights and homelessness prevention, has secured significant enterprise-level funding, with the most recent capital injection being a major strategic investment. The total funding amount raised to date is $711K, with the latest financing round contributing $361K to the organization's mission. This substantial backing underscores the critical nature of Basta's work in addressing substandard housing and advocating for vulnerable tenants.

What is Basta?

Basta
Law Firms & Legal ServicesNon-Profit & Charitable OrganizationsOrganizations

Established in 2005, BASTA Inc. operates as a California-based public benefit corporation and a federally registered 501(c)(3) non-profit organization. The company is deeply committed to advocating for tenant rights, preventing homelessness, and tackling substandard housing issues. With a team of nearly 20 courtroom-ready attorneys and four full-service offices across Los Angeles County, BASTA provides essential legal assistance. Their services encompass eviction defense, addressing habitability problems, housing rights outreach, and handling appeals for tenants facing legal challenges, primarily serving residents in the Los Angeles area.

How much funding has Basta raised?

Basta has raised a total of $711K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$361K

Debt (2020): $350K with participation from PPP

Debt (2021): $361K led by PPP

What's next for Basta?

The recent major strategic investment signals a pivotal growth phase for Basta, enabling the expansion of its advocacy and legal services. This capital infusion is expected to bolster their capacity to combat housing insecurity and substandard living conditions in Los Angeles County. The organization's focus on courtroom advocacy and comprehensive tenant support positions it to make a significant impact on housing stability and tenant protections, leveraging this new financing to further its mission.

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Frequently Asked Questions Regarding Basta Financial Insights

What are the most recent funding rounds that Basta has completed, and what were the funding rounds?
Basta has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on May 3, 2020.
What is the total amount of funding Basta has raised to date?
Basta has raised a total of $711K in funding to date.
How many funding rounds has Basta completed?
Basta has completed 2 funding rounds.
How much funding did Basta raise in its most recent funding round?
Basta raised $361K in its most recent funding round.
Who are the lead investors in Basta's latest funding round?
The lead investor in Basta's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Basta's history?
The largest funding round in Basta's history was $361K.
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