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 Sep 30, 2026, the latest employee count at Base Two is 42.

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 $167M in funding in 2026 to date.

Where does Base Two rank among its competitors?

Base Two ranks 13th amongst 907 active competitors, of which 87 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Baseten Technologies, which secured $1.5B in Jun, 2026.

Who are the top competitors of Base Two?

Base Two's top competitors include Altair, Baseten Technologies and Cognite. Among them, Baseten Technologies secured the most recent funding round in June, 2026.

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

Base Two is a series A company based in Toronto (Canada), founded in 2022 by Thouheed Abdul Gaffoor and Tawfeeq Abdul Gaffoor. 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 907 active competitors, including 87 funded and 20 that have exited. Its top competitors include companies like Altair, Baseten Technologies 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

13^th among 907 active competitors

Employee Count

42 as on Sep 30, 2026

Similar Companies

Altair & 1324 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	3169254	Series A	8557674	5468965	6336181	5747639
May 26, 2022	8520528	Seed	3169051	7622651	Glasswing Ventures & 1 more	Caffeinated Capital & 5 more

Access funding benchmarks and valuations. Sign up today!

View details of Base Two's funding rounds and investors

The founders of Base Two are Thouheed Abdul Gaffoor and Tawfeeq Abdul Gaffoor. Thouheed Abdul Gaffoor is the CEO of Base Two.

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

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

Base Two's Board of Directors

Base Two's board has 4 active members. Thouheed Abdul Gaffoor, Thamjeeth 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
Thouheed Abdul Gaffoor	Independent board member	-	Current	4y 8m
reoekyh	Independent board member	-	Current	9y 2m
pxwbadr	Independent board member	-	Current	6y 8m
uiwcfgn	Independent board member	-	Current	4y 4m

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

Base Two's employee count trend

Base Two has 42 employees as of Sep 26. Here is Base Two's employee count trend over the years:

Uncover Base Two's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Base Two include Altair, Baseten Technologies 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	81/100
2nd	Baseten Technologies 2019, San Francisco (United States), Series F	Platform offering low code based ML powered application development software	$2.08B	Spark Capital, IVP & 31 others	74/100
3rd	Cognite 2016, Lysaker (Norway), Acquired	Provider of industrial artificial intelligence and data management platform solutions	$225M	TCV, Accel & 5 others	70/100
4th	Nota 2015, Seoul (South Korea), Public	Developer of AI optimization solutions for on-device and edge computing	$63.1M	Samsung, Mirae Asset & 17 others	70/100
5th	Wallaroo.AI 2017, Brooklyn (United States), Acquired	Provider of an enterprise platform for AI production data	$34.4M	Contour Venture Partners, Greycroft & 13 others	69/100
6th	Seldon 2011, London (United Kingdom), Acquired	Open source framework for deploying ML models	$39.1M	Bright Pixel Capital, Cambridge Innovation Capital ... & 26 others	69/100
7th	Algo8 2016, Houston (United States), Public	Provider of industrial artificial intelligence platform for energy and manufacturing sectors	$2.59M	IIT Startups, Startup Incubation and Innovation Centre ... & 3 others	68/100
8th	Corelight 2016, San Francisco (United States), Series E	Provider of criminal intelligence andd analytics platform for public safety	$310M	Accel, Energy Impact Partners & 16 others	66/100
9th	Liquid AI 2023, Brookline (United States), Series A	Developer of efficient AI models and deployment platforms for various applications	$297M	PagsGroup, AMD & 21 others	66/100
10th	Hexagon 1975, Stockholm (Sweden), Public	Provider of digital reality solutions combining measurement, positioning, and autonomous technologies	-	LIFT Ecosystem Accelerator, Aeternum & 7 others	66/100
13th	Base Two 2022, Toronto (Canada), Series A	Developer of an AI platform for manufacturing process optimization and control	$17.2M	Graphite Ventures, Boeing & 14 others	59/100