For investors and boards
A dashboard you can read without scheduling a call
The board pack is accurate on the day it is built and stale by the time it is discussed. The follow-up call exists mostly to find out which numbers moved.
What does Bastle do for investors and boards?
The job
What you are actually trying to do
Not a feature list rearranged. These are the tasks that bring this reader to a subscription analytics tool in the first place, and what in Bastle does each one.
See the current number, not the exported one
Metric and chart blocks in a data room read the same calculation engine as the company's internal dashboards and recalculate on view. A room opened three weeks after the update was sent shows the intervening three weeks.
Know what a metric means before quoting it
Net revenue retention computed two reasonable ways can differ by several points, which is enough to change a conclusion. Bastle figures carry their definition, so a room can state whether trials are counted and how delinquency is treated instead of leaving it as an assumption each reader makes privately.
Read the narrative and the numbers in one place
A room is authored, not a folder of files: headings and commentary sit beside live metric blocks, with documents in folders and previews in-page. The context for a movement is next to the movement.
Compare a portfolio on consistent definitions
Every company running Bastle computes its metrics in the same engine, and a room can state the policies in force. That does not make portfolio companies comparable in every respect, but it removes one of the larger sources of noise: each company having quietly invented its own churn definition.
Friction
The complaints people actually write down
Taken from published reviews and public discussion of the incumbent tools rather than invented for this page. Where Bastle does not solve one of them, the answer below says so rather than changing the subject.
The complaint
The reporting pack arrives on a lag and there is no way to check a number between updates without asking someone to build an export.
What Bastle does
A data room is live. The company shares one link with an email gate; the metric blocks recompute when the page loads, so the reader can check a figure whenever they want without generating work for the company.
The complaint
Two companies report the same metric name computed differently, and neither says how.
What Bastle does
Bastle metric definitions are explicit workspace policy — delinquency window, trial handling, coupon and refund treatment, annual churn lookback — and every figure carries the formula and the records that produced it. A room can state the rules rather than leaving them implicit.
The complaint
The numbers in the deck never reconcile to the payment processor, and nobody in the room can explain why.
What Bastle does
Every figure in a room opens onto the formula, the period and the records behind it, so the company can show where a number came from in the meeting rather than taking it away. Bastle does not yet produce an automated bridge to the processor's own figure — that is on the roadmap — so a full variance walk is still prepared by hand.
The complaint
You cannot tell whether the update was read, or which part of it raised questions before the call.
What Bastle does
Rooms record per-visitor sessions: entry, engagement time, which sections were viewed and for how long, which documents were previewed or downloaded and which links were followed. Viewers pass a knowing email gate, so this is visible to both sides rather than covert.
The complaint
Getting portfolio reporting in place means every company buying and configuring an expensive tool.
What Bastle does
Bastle is free while in beta, and connecting Stripe takes about two minutes, after which the full history backfills on its own. There is no procurement conversation and no card, which removes the usual reason a small company defers setting this up.
Reporting that does not decay between meetings
A board pack is a snapshot with a half-life. It is assembled from exports, it is correct on the day it is built, and the discussion happens later — which is why so much of a board call is spent establishing which numbers have moved rather than deciding anything.
A data room replaces the snapshot with a page. The company composes it once — headings, commentary, live metric and chart blocks, documents in folders, links and embeds — and shares a link behind an email gate. Metric blocks read the same engine as the company's internal dashboards, so the figures are current every time the page is opened.
Definitions are the part worth insisting on
Most disputes about a subscription metric are disputes about its definition. Whether a delinquent subscription is still revenue after thirty days, whether trials count as customers, whether a full-discount coupon reads as churn, how far back annual churn looks — each choice is defensible and each moves the number. A company that cannot say which choices it made is not reporting a metric; it is reporting a preference.
In Bastle those choices are explicit workspace policy, and every figure carries the formula and the records that produced it. Changing a rule recalculates history against the new rule. Bastle does not yet version or attribute that change, so a restatement is only flagged as one if somebody says so — that audit log is on the roadmap. For a board, the useful consequence today is that “how is this calculated?” has an answer that does not require the founder to reconstruct it.
What the company sees, you see
A room is not a curated subset dressed up as a dashboard. The metric blocks compute from the same normalised billing history and the same definitions the company runs its own reporting on, which is what makes it awkward for a room to disagree with an internal number — there is no export step in between where a discrepancy could survive.
For lighter situations, a single dashboard can be shared on a revocable link with no room to build. Advisors who want one number, or a company publishing metrics openly, are better served by that than by a full room.
On benchmarks, honestly
The natural next question is how a company compares to its peers. Bastle cannot answer that yet. Benchmarks is on the roadmap and depends on contributed data from opted-in workspaces; Bastle has no customers, so there is no cohort, and publishing peer figures before there is one would mean inventing them. What is available now is a company's own history — cohort retention across signup months, and segment comparison to find which part of the business sets the blended average.
What this is not
Bastle is not a portfolio management platform. There is no cross-company roll-up view, no capital table, no fund-level reporting. It is the subscription measurement layer inside one company, with a good way to publish from it. It also does not perform revenue recognition, so a room reports billings-derived subscription metrics rather than recognised revenue.
Where to start
The parts you will use first
All of it sits in one workspace reading one normalised billing history, and Bastle is free while in beta — so nothing here is a tier, an add-on or a separate subscription.
Data Rooms
The quarterly update deck is out of date the day after you send it, and you never find out whether anyone read past slide three.
Learn moreMetrics
Most analytics tools hand you a number and ask you to trust it.
Learn moreForecasting
Every forecast is wrong. In beta.
Learn moreAsk
A dashboard makes you assemble the answer yourself.
Learn moreBenchmarks
A 4% monthly churn rate is a catastrophe for one business and unremarkable for another. On the roadmap — not available yet.
Learn moreThe same product from another seat: founders, finance teams, saas startups and subscription apps.
Or go straight to the detail: everything Bastle does, the metric glossary for the maths behind any number, an honest comparison with the alternatives, or the live demo — the real application running on a generated dataset, no signup.
Frequently asked questions
Do I need a Bastle account to read a data room?
Are the metrics in a room actually live?
How do I know the numbers were not cherry-picked?
Can this replace a monthly board pack?
Does Bastle compare a company against its peers?
What does the company pay for this?
See your own numbers in about two minutes.
Connect Stripe and Bastle backfills your full history. Free while in beta — no card, no sales call.