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What is BASED?

BASED is not just our name—it's our way of doing

We build data-based tools and services to help you make data-based decisions.

The origin of BASED

"We created BASED because most things in business and tech are a mess—full of jargon and distractions from what really matters. We knew there was a better way. BASED is here to solve real problems with clear, practical, data-based tools. Hence the name."

— BASED Founders: Sam Laakso & Teemu Makkonen

Our ethos

At BASED, we build tools which we find useful and for those who find them useful. We believe in building solid products, action over jargon, data over opinion, and facts over stories. We build our products for ourselves, and by doing so, we get the best quality. Since we use our own products, we always have skin in the game.

Our services

We provide data-based research, consultancy, and IT systems.

Research

At BASED Research, we provide data-based research to enable data-based decision making. Our research includes e.g., risk management reports consisting of proprietary BASED Trend Signals, weekly Buy/Sell Zones, updates on all the relevant market data, and key remarks by BASED. We also build custom reports for our customers.

Read more about our research

Consultancy

At BASED Consultancy, we combine cutting-edge technology with deep market knowledge to deliver solid business solutions. Our team of experts leverages a robust, data-based approach to tackle unique challenges, optimizing operational efficiencies and enhancing decision-making. Whether you're navigating market volatility, seeking to improve your technological capabilities, or aiming to optimize growth, BASED Consultancy provides the insights and expertise necessary to give you an edge on your market.

Read more about BASED consultancy

IT systems

We do IT projects and systems for our customers with a twist. Instead of doing expensive one-off projects, we rather

A) take a share in the client's project and its future revenues or

B) execute the project for the client while retaining the IPR, allowing us to commercialize the end product.

This approach offers several benefits to the customer: the customer gets affordable IT systems built specifically for their use case, the customer can trust that the quality will be high because we are building it for ourselves, and the projects are completed quickly since our incentive lies in delivering a finished project, not billing for used hours.

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Key personnel

Sam Laakso, CEO & Co-Founder

Sam Laakso is a seasoned financial markets expert, specializing in financial instruments, trading platforms, and precious metals. Known for his extensive 199-page thesis titled "The Future of Gold from 2019 to 2039" Sam frequently lends his voice to public discussions when gold is in the news. During his tenure at Voima Gold Ltd, Sam headed several departments and served as the Chief Operating Officer, playing a pivotal role in scaling the company from €1.6 million to over €50 million in revenue in just four years. He also built Finland's largest precious metals recycling business, Voima Miners, which processed over €50 million worth of precious metals during his tenure and continues to be the market leader in trading volumes.

With expertise spanning trading, risk management, product development, and strategy implementation, Sam is known for driving business growth and operational excellence. His ability to lead high-impact projects—such as launching new digital products, developing risk management solutions, and creating innovative business units—has made him a known and well-connected figure in the gold and financial markets industries. Sam's insights are valued by industry professionals, researchers, and journalists alike.

Teemu Makkonen, CTO & Co-Founder

Teemu Makkonen is an accomplished technology and cybersecurity specialist with expertise in building and securing scalable IT infrastructures. As Head of IT at Voima Gold Ltd, Teemu was pivotal in designing and managing the company's entire IT framework, covering cybersecurity, infrastructure, and technology strategy. He lead a transformation of a complex large-scale financial system, developed and managed by third party vendors, into a streamlined easy to manage in-house system capable to scale for rapid growth.

As co-founder of Necuno Solutions Oy, Teemu developed ultra-secure mobile devices tailored to sectors with the highest security demands. His past experience in penetration testing and security consulting has provided him with the ability to safeguard complex IT systems. Teemu's technical skillset spans backend, DevOps, frontend, and large-scale architectures, making him key for BASED's robust, secure, and innovative technology foundation.

Contact details for our key personnel

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