How Much Did Basta Raise?
Funding & Key Investors

Basta, a California-based public benefit corporation and 501(c)(3) non-profit, has successfully secured a total of $711K in capital to bolster its mission of protecting tenant rights and preventing homelessness. This recent strategic investment of $361K underscores the organization's critical role in the Los Angeles housing ecosystem, providing the necessary financial runway to scale its legal advocacy operations. By securing this backing, Basta reinforces its capacity to address systemic housing inequities through robust courtroom representation and community outreach initiatives.

What is Basta?

Basta
Law Firms & Legal ServicesNon-Profit & Charitable OrganizationsOrganizations

Established in 2005, Basta operates as a specialized legal entity dedicated to the intersection of housing justice and tenant advocacy. With a team of nearly 20 courtroom-ready attorneys, the organization provides essential services including eviction defense, habitability litigation, and housing rights education. Operating across four full-service offices in Los Angeles County, Basta serves as a vital bulwark against substandard housing conditions and displacement. The firm's model integrates legal expertise with social impact, ensuring that vulnerable populations have access to the judicial resources required to maintain housing stability in an increasingly volatile real estate market.

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

Key Investors in Basta

PPP

Public-Private Partnership

What's next for Basta?

With the infusion of this recent capital, Basta is positioned to expand its operational footprint and enhance its litigation capabilities. The organization is expected to leverage these resources to increase its caseload capacity, thereby strengthening its influence in housing policy and tenant protection advocacy. As the demand for legal intervention in housing disputes continues to rise, Basta's strategic focus will likely shift toward optimizing its service delivery model and deepening its engagement with local stakeholders to address the root causes of housing insecurity. This growth trajectory signals a commitment to long-term systemic change within the California housing sector.

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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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