Base Capital

Basic Capital develops an AI-powered financial platform to simplify long-term investing and retirement planning. Its core product utilizes intelligent agents, boosting 401(k) participation and ensuring employer compliance. This technical approach integrates AI for intuitive, trustworthy access to capital markets, streamlining complex financial decisions.

Abdul Al-Asaad and Anjan Karanam co-founded the company in 2023. Their insight stemmed from complexities individuals face in retirement savings and wealth building. They aimed to create a more accessible, engaging financial system, leveraging technology to empower users towards long-term financial health.

Basic Capital primarily serves employers by optimizing employee 401(k) engagement, and assists individuals in their investment journeys. The company envisions powering a new retirement system and establishing a credit marketplace, fostering greater financial simplicity and security for its user base.