When was Base Two founded?

Base Two was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Base Two located?

Base Two is headquartered in Toronto, Canada.

Who is the current CEO of Base Two?

Thouheed Abdul Gaffoor of Base Two. They have also founded 1 company.

Which legal entities is Base Two associated with?

Base Two is associated with Basetwo Artificial Intelligence Inc..

How many employees does Base Two have?

As of May 31, 2026, the latest employee count at Base Two is 37.

Is Base Two a funded company?

Base Two is a funded company, having raised a total of $17.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 26, 2022.

When was the latest funding round of Base Two?

Base Two's latest funding was a $***** Series A round on Sep 26, 2024, with participation from 7 investors. Its primary sector is Manufacturing Tech. In Canada, the Manufacturing Tech sector has seen $153M in funding in 2026 to date.

Where does Base Two rank among its competitors?

Base Two ranks 8th amongst 348 active competitors, of which 72 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Algo8, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Base Two?

Base Two's top competitors include Altair, Hexagon and Cognite. Among them, Algo8 secured the most recent funding round in April, 2026.

Base Two - 2026 Company Profile, Team, Funding & Competitors

Base Two is a series A company based in Toronto (Canada), founded in 2022 by Thamjeeth Abdul Gaffoor, Thouheed Abdul Gaffoor, Tawfeeq Abdul Gaffoor and Kiefer Eaton. It operates as a Developer of an AI platform for manufacturing process optimization and control. Base Two has raised $17.2M in funding from investors like Glasswing Ventures, AXA Venture Partners and Argon Ventures. The company has 348 active competitors, including 72 funded and 12 that have exited. Its top competitors include companies like Altair, Hexagon and Cognite.

Company Details

Developer of an AI platform for manufacturing process optimization and control. The platform provides tools for connecting plant and lab databases, preparing data, and building digital twins. It offers recommendations to accelerate scale-up and optimize process quality control. The platform supports process engineers and modelers in streamlining operations and enhancing workflow efficiency.

Website: www.basetwo.ai/
Social
Email ID: *****@basetwo.ai

Key Metrics

Founded Year

2022

Location

Toronto, Canada

Stage

Series A

Total Funding

$17.2M in 2 rounds

Latest Funding Round

Series A, Sep 26, 2024, $*****

Investors

Glasswing Ventures & 15 more

Ranked

8^th among 348 active competitors

Employee Count

37 as on May 31, 2026

Similar Companies

Altair & 662 more

View Base Two's full profile

Base Two is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Basetwo Artificial Intelligence Inc. CIN: 13688445 , Canada, Active		-	-	-

Base Two has raised a total funding of $17.2M over 2 rounds. Its first funding round was on May 26, 2022. Its latest funding round was a Series A round on Sep 26, 2024 for $*****. 7 investors participated in its latest round. Base Two has 16 institutional investors.

Here is the list of recent funding rounds of Base Two:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 26, 2024	1700239	Series A	8722227	6001743	4462429	1273250
May 26, 2022	7239741	Seed	5795630	4018244	Glasswing Ventures & 1 more	Caffeinated Capital & 5 more

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View details of Base Two's funding rounds and investors

The founders of Base Two are Thamjeeth Abdul Gaffoor, Thouheed Abdul Gaffoor, Tawfeeq Abdul Gaffoor and Kiefer Eaton. Thouheed Abdul Gaffoor is the CEO of Base Two.

Here are the details of Base Two's key team members:

Thamjeeth Abdul Gaffoor: Chief Operating Officer & Co-founder of Base Two. They serve on the board of 1 company.
Contact Info: 2 email addresses
Thouheed Abdul Gaffoor: Co-Founder & CEO of Base Two. They serve on the board of 1 company.
Tawfeeq Abdul Gaffoor: Co-Founder & CTO of Base Two.
Contact Info: 1 email address
Kiefer Eaton: Co-Founder & Chief Customer Officer of Base Two.
Contact Info: 2 email addresses

Base Two's Board of Directors

Base Two's board has 4 active members. Thamjeeth Abdul Gaffoor, Thouheed Abdul Gaffoor, Rudina Sesari and Manish Agarwal are independent board members.

Here is the list of Base Two's board of directors:

Name	Type	Representing	Status	Duration
Thamjeeth Abdul Gaffoor	Independent board member	-	Current	4y 3m
oqwr{vp	Independent board member	-	Current	4y 4m
doepycw	Independent board member	-	Current	4y 8m
uaclsyi	Independent board member	-	Current	3y 4m

View details of Base Two's Founder profiles and Board Members

Base Two's employee count trend

Base Two has 37 employees as of May 26. Here is Base Two's employee count trend over the years:

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Top competitors of Base Two include Altair, Hexagon and Cognite. Here is the list of Top 10 competitors of Base Two, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altair 1985, Troy (United States), Acquired	Provider of enterprise software for simulation, data analytics, AI, and HPC	$35.1M	General Atlantic, Shefa Capital & 3 others	82/100
2nd	Hexagon 1975, Stockholm (Sweden), Public	Provider of digital reality solutions combining measurement, positioning, and autonomous technologies	-	LIFT Ecosystem Accelerator, Aka Capital & 6 others	72/100
3rd	Cognite 2016, Lysaker (Norway), Acquired	Provider of industrial artificial intelligence and data management platform solutions	$225M	TCV, Accel & 5 others	70/100
4th	Baseten Technologies 2019, San Francisco (United States), Series E	Platform offering low code based ML powered application development software	$585M	IVP, Spark Capital & 28 others	66/100
5th	Liquid AI 2023, Brookline (United States), Series A	Developer of efficient AI models and deployment platforms for various applications	$297M	AMD, PagsGroup & 21 others	64/100
6th	Flexcompute 2015, United States, Series C	Developer of cloud-based physics simulation software for engineering design applications	$80.7M	Coatue, GGV Capital & 4 others	63/100
7th	Algo8 2016, Noida (India), Seed	Provider of industrial artificial intelligence platform for energy and manufacturing sectors	-	Chemelex, IIT Startups & 2 others	62/100
8th	Base Two 2022, Toronto (Canada), Series A	Developer of an AI platform for manufacturing process optimization and control	$17.2M	Boeing, Quiet Capital & 14 others	61/100
9th	webAI 2003, Grand Rapids (United States), Series A	Developer of a platform for building and deploying custom AI	$60M	Atreides Management, Forerunner Ventures & 2 others	60/100
10th	Decisyon 2005, San Francisco (United States), Series B	Provider of platform for corporate performance management	$55.9M	Catalyst Investors, Horizon & 2 others	60/100