About Basis Set Ventures
Basis Set Ventures is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Aug 2026, Basis Set Ventures is an active investor, having invested in 73 companies, with 15 new investments in the last 12 months. 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 High Tech and Consumer. Most recently it participated in the $***** Seed round of Osmo Overall, Basis Set Ventures portfolio has seen 6 unicorns, 1 IPO and 5 acquisitions including key companies like Lime, Drata and Sakana. A lot of funds co-invest with Basis Set Ventures, with names like Khosla Ventures sharing a substantial percentage of its portfolio. Basis Set Ventures has team of 12 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Soonicorns
Basis Set Ventures' List of Top Investments
Basis Set Ventures has a portfolio of 73 companies, including 6 unicorns. Their most notable investments are in StarSharks and Daydream.Their portfolio spans across United States, Canada, Singapore and 7 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Basis Set Ventures:1. Lime
App-based rental platform providing self-drive electric kick-scooter. The platform enables users to find the nearest available scooter and start the ride by scanning their QR code or access code. Users should provide rider details, payment details, location, and more for book the scooter. It offers features like variant payment options, and more. At the end of the ride, users can park the vehicle at their legal locations. Their mobile app is available for Android and iOS devices
Key facts about Lime
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $1.4B
- Employee Count: 2,798 as on Aug 31, 2026
- Investors: Meritech, Star Tech NG and 99 Others
- Latest Funding Round: Conventional Debt, Nov 04, 2021, $*****
- Highlight: Public
2. Drata
Risk assessment and management solutions for enterprises. The product offers continuous security control monitoring, risk management, data security, and more. The features of the product include automated evidence collection, employee onboarding and offboarding, automated asset tracking, insights, reports and alerts, integrations, and more.
Key facts about Drata
- Founded Year: 2020
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $328M
- Employee Count: 2,114 as on Sep 30, 2026
- Investors: Salesforce Ventures, TSG and 23 Others
- Latest Funding Round: Series C, Nov 21, 2022, $*****
- Highlight: Editors' Pick
3. Sakana
Sakana AI is a Tokyo-based R&D company founded by former Google AI engineers, David Ha and Llion Jones. Inspired by nature, Sakana AI aims to design collective artificial intelligence models.
Key facts about Sakana
4. Workstream
Provider of HR, payroll, and hiring platform for hourly workforce. The platform streamlines human resources tasks, reduces labor costs, and simplifies operations. It offers features such as time and attendance tracking, employee scheduling, and payroll processing. The platform also provides tools for applicant tracking, onboarding, and employee engagement.
Key facts about Workstream
- Founded Year: 2017
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $120M
- Employee Count: 280 as on Sep 30, 2026
- Investors: Bond Capital, World Innovation Lab and 47 Others
- Latest Funding Round: Series B, Sep 29, 2022, $*****
- Highlight: Editors' Pick
5. Quince
Online brand offering multi-category fashion products for men and women. The product catalog includes sweaters, bottoms, activewear, loungewear, shapewear, maternity wear, and more. It also provides jewelry, bags, scarves, sunglasses, socks, footwear, travel accessories, and more. The platform also offers travel products, baby and kids products, gifting products, and home improvemnet products.
Key facts about Quince
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $970M
- Employee Count: 1,994 as on Sep 30, 2026
- Investors: Baillie Gifford, Wellington and 15 Others
- Latest Funding Round: Series E, Mar 11, 2026, $*****
- Highlight: Editors' Pick
Basis Set Ventures' Year-on-Year Investment Trends
Basis Set Ventures has invested in 73 companies over the last 9 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 11 investments, while as of Aug 2026, it has made 15 investments in this year. Its most recent first time investment was in Osmo and most recent follow-on round was in CuspAI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 11 | 4 | 15 |
2025 | 7 | 4 | 11 |
2024 | 8 | 2 | 10 |
2023 | 6 | 1 | 7 |
2022 | 8 | 4 | 12 |
2021 | 12 | 3 | 15 |
2020 | 2 | 1 | 3 |
2019 | 3 | 1 | 4 |
2018 | 3 | 0 | 3 |
2017 | 1 | 0 | 1 |
Basis Set Ventures' Investments by Stage
Basis Set Ventures has made 35 investments in Seed stage with an average round size of $8.83M, 22 investments in Series A stage with an average round size of $20.3M, 3 investments in Series B stage with an average round size of $33.7M and 1 investment in Unattributed stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 35 |
Series A | 22 |
Series B | 3 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Basis Set Ventures' Investments by Sector
Basis Set Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, FinTech and Artificial Intelligence - Industry Applications. Notably, it has invested in 69 Tech companies, 59 Enterprise (B2B) companies, 56 Software companies and at least 33 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 39 |
High Tech | 21 |
Consumer | 11 |
FinTech | 11 |
Artificial Intelligence - Industry Applications | 6 |
Others | 48 |
Note: We have considered here, only first round of investments
Basis Set Ventures' Investments by Geography
Basis Set Ventures has made most investments in United States (50), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 50 |
Canada | 2 |
Singapore | 2 |
Australia | 1 |
Germany | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Basis Set Ventures' recent investments
Basis Set Ventures has made 15 investments in 2026 so far. Osmo and CuspAI are the latest among them.Here are the most recent investments by Basis Set Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 22, 2026 | United States | Seed | 2912 | ||
Jul 20, 2026 | United Kingdom | Series B | 4797 | [+16] | |
Jul 17, 2026 | United States | Series A | 9876 | ||
Jun 25, 2026 | United States | Seed | 4069 | ||
Jun 11, 2026 | United States | Series A | 5429 | [+4] |
Unicorns in Basis Set Ventures' Portfolio
Basis Set Ventures has 6 unicorns in its portfolio - CuspAI, Norm Ai, Quince and others. The most recent unicorn in their portfolio is CuspAI. It became a unicorn in 2026, 2 years after Basis Set Ventures first invested in it.Here is a list of unicorns in Basis Set Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Developer of artificial intelligence systems for accelerated industrial materials discovery | 2024 | Cambridge | Series B | y{bsask | ||
59 | Provider of AI agents for legal and regulatory compliance workflows | 2023 | New York City | Series C | {w{wwcr | ||
68 | Online brand offering multi-category fashion products for men and women | 2018 | San Francisco | Series E | nvkujme | ||
71 | Provider of AI research laboratory services | 2023 | Tokyo | Series B | hmahhil | ||
49 | Provider of AI systems optimized for reasoning, imbuing computers | 2020 | San Francisco | Series B | xcxkczg |
IPOs and Publicly Listed companies in Basis Set Ventures' Portfolio
1 of Basis Set Ventures' portfolio company became public - Lime. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2026 at marketcap of $1.6BHere are Basis Set Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | - | - | 1535 |
Acquired companies in Basis Set Ventures' Portfolio
5 companies from Basis Set Ventures' portfolio have been acquired. The most recent acquisition was Momentum in Feb 2026 by Salesforce for $*****.Here are Basis Set Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 18, 2026 | Nov 10, 2021 | Seed | 9642 | |
Apr 04, 2025 | Dec 20, 2017 | Seed | 1653 | |
Sep 09, 2024 | May 20, 2024 | Seed | 5439 | |
Aug 31, 2023 | Jun 19, 2018 | Series A | 6418 | |
Dec 23, 2020 | Feb 06, 2019 | Series A | 8089 |
Team profile of Basis Set Ventures
Basis Set Ventures has a team of 12 members including 4 Partners, 5 Venture Partners and 1 Principal located in United States. Basis Set Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Basis Set Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | San Francisco | - | - | |
Partner | San Francisco | - | - | |
Partner | California | - | ||
Partner | United States | - | ||
Venture Partner | Burlingame | - | - | |
Venture Partner | San Francisco | - | ||
Venture Partner | Brooklyn | - | - | |
Venture Partner | San Francisco | - | - | |
Venture Partner | San Francisco | - | - |
Co-investors of Basis Set Ventures
Over the past 9 years, 503 investors have co-invested in Basis Set Ventures's portfolio companies. This includes funds and angels.
- Invested before Basis Set Ventures: Y Combinator, Cowboy Ventures and 45 others have invested in rounds before Basis Set Ventures. There are 7 companies where Y Combinator has invested before Basis Set Ventures and 1 company where Cowboy Ventures has invested before Basis Set Ventures.
- Top Co-investors of Basis Set Ventures: 293 investors entered a company along with Basis Set Ventures. These include investors like Khosla Ventures (4 companies).
- Invested after Basis Set Ventures: A total of 163 investors have invested in Basis Set Ventures's portfolio after their investments. Top Investors include New Enterprise Associates (3 companies), Andreessen Horowitz (3 companies) and Iconiq Capital (2 companies).
Recent News related to Basis Set Ventures
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Tomo Raises $5 Million in Seed Funding Led by Bain Capital VenturesThe SaaS News•Jun 26, 2026•Tomo, Conviction, Basis Set Ventures, Angel Investors and 3 others
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Orbital Secures $5 Million Seed Funding for In-Space Data Centers and AI InferenceStartup Log•Jun 10, 2026•Orbital, Andreessen Horowitz, Anti Fund, New Legacy Group and 13 others
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Basata Secures $21M Series A to Automate Healthcare OperationsHIT Consultant•May 11, 2026•Basata, Basis Set Ventures, Cowboy Ventures, Zenda and 1 other
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daydream Raises $15M Series A to Build the World’s Best AI-Native Agency for SEOintelligence360•Apr 20, 2026•Daydream, Basis Set Ventures, WndrCo, First Round Capital
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daydream Raises $15M Series A to Build the World's Best AI-Native Agency for SEOCNW•Apr 02, 2026•Daydream, Basis Set Ventures, WndrCo, First Round Capital and 1 other
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Neion Bio Emerges from Stealth; Raised USD11M To DateFinSMEs•Mar 27, 2026•Caffeinated, Neion Bio, Haystack, Basis Set Ventures
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Quince Raises $500 Million to Fuel Luxury Essentials BusinessWWD•Mar 11, 2026•Quince, Iconiq Capital, Notable Capital, Basis Set Ventures and 7 others
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Quill Launches Sovereign AI Agent, Raises $6.5MAiThority•Feb 26, 2026•Quill Notes, Basis Set Ventures, 500 Global, Quill and 9 others
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Rowspace Raises $50M in Seed and Series A FundingFinSMEs•Feb 25, 2026•Rowspace, Sequoia Capital, Conviction, Twine and 3 others
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Entire Launches with $60M to Build an AI-Focused Code Management PlatformSiliconAngle•Feb 11, 2026•Madrona, Microsoft, Felicis Ventures, Entire and 8 others
