About Basement Fund
Basement Fund is a venture capital firm founded in 2020. It is primarily based out of New York City, United States. As of Apr 2022, Basement Fund has invested in 31 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Levels Overall, Basement Fund portfolio has seen 2 unicorns and 9 acquisitions including key companies like Thrasio, Memora Health and Burrow. A lot of funds co-invest with Basement Fund, with names like Scribble Ventures sharing a substantial percentage of its portfolio. Basement Fund has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Acquisitions
Basement Fund's List of Top Investments
Basement Fund has a portfolio of 31 companies, including 2 unicorns. Their most notable investments include Thrasio and Levels.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Consumer, Retail and 15 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Basement Fund:
1. Thrasio
Platform acquiring Amazon FBA brands. The company acquires private label Amazon FBA businesses and direct-to-consumer e-commerce brands. The company evaluates the business and offers a deal to the seller. After acquiring the businesses, the company optimizes and operates the brands to expand through marketing, product development, supply chain management, and wholesale expansion, leading to financial and operating growth.
Key facts about Thrasio
- Founded Year: 2018
- Location: Walpole (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $3.4B
- Employee Count: 272 as on Jul 31, 2026
- Investors: Western Technology Investment, Silver Lake and 30 Others
- Latest Funding Round: Series D, Oct 22, 2021, $*****
- Highlight: Editors' Pick
2. Levels
Provider of wearable device for personalized insights into metabolic health. It utilizes biosensors, such as continuous glucose monitors, to provide individuals with data-driven insights into how food affects their health and empower users to make informed lifestyle choices and optimize their metabolic health.
Key facts about Levels
- Founded Year: 2019
- Location: United States
- Stage: Series A
- Total Funding till date: $67M
- Employee Count: 126 as on Jul 31, 2026
- Investors: TriplePoint Capital, For Good Ventures and 36 Others
- Latest Funding Round: Series A, Aug 14, 2024, $*****
- Highlight: Editors' Pick
3. Fourthwall
Platform offering website development solution for creators. It allows users to customize the website, domain name, logo, and more. It also offers analytics and data reports that enable users to understand the business by providing sales and customer breakdowns.
Key facts about Fourthwall
- Founded Year: 2019
- Location: Los Angeles (United States)
- Stage: Series A
- Total Funding till date: $17M
- Employee Count: 187 as on Jul 31, 2026
- Investors: Defy, Initialized Capital and 5 Others
- Latest Funding Round: Series A, Jan 2021, $*****
- Highlight: Editors' Pick
4. Certn
Provider of background screening and identity verification solutions for businesses. The company delivers criminal record checks, international background checks, and social media background checks. It offers employment verification, education verification, and credential verification. The business provides solutions for property management, healthcare, hospitality, transportation, staffing, and technology industries.
Key facts about Certn
- Founded Year: 2016
- Location: Victoria (Canada)
- Stage: Series B
- Total Funding till date: $125M
- Employee Count: 275 as on Jul 31, 2026
- Investors: Scribble Ventures, Export Development Canada and 25 Others
- Latest Funding Round: Conventional Debt, Feb 18, 2025, $*****
- Highlight: Editors' Pick
Memora Health is a digital health company developing an ‘intelligent’ mobile messaging and analytics platform to improve chronic disease management. Hospitals and clinics can use the platform to automate the process of helping patients remember their medication and appointment schedules, improve self-care of chronic illnesses, and receive feedback from patients on their well-being through personalized text messages. Physicians can use the web-based analytics platform to personalize treatment plans based on patient feedback. Pharmaceutical companies can utilize the platform to run clinical trials and to get patient feedback on drug side-effects outside an isolated clinical setting.
Key facts about Memora Health
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $80.6M
- Employee Count: 22 as on Jul 31, 2026
- Investors: B Capital, Frist Cressey Ventures and 22 Others
- Latest Funding Round: Series B, Apr 18, 2023, $*****
- Highlight: Acquired
Basement Fund's Year-on-Year Investment Trends
Basement Fund has invested in 31 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Levels.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 3 | 0 | 3 |
2020 | 3 | 0 | 3 |
Basement Fund's Investments by Stage
Basement Fund has made 5 investments in Series A stage with an average round size of $31M and 2 investments in Seed stage with an average round size of $4.15M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Seed | 2 |
Note: We have considered here, only first round of investments
Basement Fund's Investments by Sector
Basement Fund has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Business Services, Enterprise Infrastructure and FinTech. Notably, it has invested in 29 Tech companies, 21 Enterprise (B2B) companies, 19 Software companies and at least 16 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Vertical SaaS | 2 |
Business Services | 1 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Basement Fund's Investments by Geography
Basement Fund has made most investments in United States (5), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 5 |
Canada | 2 |
Note: We have considered here, only first round of investments
Basement Fund's recent investments
Basement Fund has not made any investment in 2026 so far.Here are the most recent investments by Basement Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 20, 2022 | United States | Series A | 5054 | [+8] | |
Nov 30, 2021 | United States | Seed | 6136 | [+4] | |
Mar 09, 2021 | United States | Series A | 6180 | [+12] | |
Mar 07, 2021 | United States | Series A | 2835 | [+11] | |
Nov 2020 | Canada | Series A | 7384 | [+7] |
Unicorns in Basement Fund's Portfolio
Basement Fund has 2 unicorns in its portfolio - Density and Thrasio. The most recent unicorn in their portfolio is Density. It became a unicorn in 2021, 4 years before Basement Fund first invested in it.Here is a list of unicorns in Basement Fund's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
52 | SaaS-driven solution that tracks foot traffic in merchant stores | 2014 | San Francisco | Series D | ijjfevp | ||
76 | Platform acquiring Amazon FBA brands | 2018 | Walpole | Series D | lqbzwpt |
Acquired companies in Basement Fund's Portfolio
9 companies from Basement Fund's portfolio have been acquired. The most recent acquisition was MainStreet in May 2025 by Employer for $*****.Here are Basement Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2025 | Mar 07, 2021 | Series A | 4050 | |
Dec 20, 2024 | - | - | 5862 | |
Oct 16, 2024 | - | - | 5058 | |
Nov 14, 2023 | - | - | 5191 | |
Aug 28, 2023 | - | - | 5524 |
Team profile of Basement Fund
Basement Fund has a team of 1 member located in United States. Basement Fund's team does not sit on the board of any company as of now.Co-investors of Basement Fund
Over the past 6 years, 113 investors have co-invested in Basement Fund's portfolio companies. This includes funds and angels.
- Invested before Basement Fund: Andreessen Horowitz, Moxxie Ventures and 36 others have invested in rounds before Basement Fund. There are 2 companies where Andreessen Horowitz has invested before Basement Fund and 2 companies where Moxxie Ventures has invested before Basement Fund.
- Top Co-investors of Basement Fund: 40 investors entered a company along with Basement Fund. These include investors like Scribble Ventures (2 companies).
- Invested after Basement Fund: A total of 35 investors have invested in Basement Fund's portfolio after their investments. Top Investors include TriplePoint Capital (1 company), Trust Ventures (1 company) and Shrug Capital (1 company).
Recent News related to Basement Fund
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Trustpage Announces $5 Million Round to Transform How Companies Build TrustMarTech Series•Nov 30, 2021•Trustpage, Bonfire Ventures, Ludlow Ventures, Detroit Venture Partners and 3 others
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Centered Raises $3.9M in FundingFinSMEs•Nov 18, 2021•, Basement Fund, Shrug Capital, JLL Technologies and 3 others
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ChartHop Pulls in Another $14M to Empower Companies by Automating Organizational ChartsAlleyWatch•Sep 03, 2020•ChartHop, Andreessen Horowitz, Abstract Ventures, Cowboy Ventures and 7 others
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Organizational management startup ChartHop raises $14M to expand its platformSiliconAngle•Aug 26, 2020•ChartHop, Andreessen Horowitz, Abstract Ventures, Basement Fund and 9 others
