About Thirdbase Capital
Thirdbase Capital is a venture capital firm founded in 2019. It is primarily based out of New York City, United States. As of May 2023, Thirdbase Capital has invested in 24 companies. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and High Tech. Most recently it participated in the $***** Seed round of Vault Overall, Thirdbase Capital portfolio has seen 10 unicorns, 2 IPOs and 3 acquisitions including key companies like SpaceX, Abridge Inc and Rubrik. A lot of funds co-invest with Thirdbase Capital, with names like Gradient Ventures sharing a substantial percentage of its portfolio. Thirdbase Capital has team of 6 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Unicorns
Thirdbase Capital's List of Top Investments
Thirdbase Capital has a portfolio of 24 companies, including 10 unicorns. Their most notable investments include SpaceX and Abridge Inc.Their portfolio spans across United States, India and Canada. They have invested in Enterprise Applications, FinTech, High Tech and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by Thirdbase Capital:
1. SpaceX
Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 20,833 as on Sep 30, 2026
- Investors: TrueBridge, equitywestsecurities.com and 276 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public
2. Abridge Inc
Provider of AI-based health record platform. It offers a platform offering solutions for individuals to record health details. The users can communicate with the doctors on the care needs and symptoms. The recorded conversation can be presented to the doctor during the appointment. The app highlights the important points during the conversation. The previous record can be maintained in the app for future reference.
Key facts about Abridge Inc
- Founded Year: 2018
- Location: Pittsburgh (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $778M
- Employee Count: 684 as on Sep 30, 2026
- Investors: CapitalG, Redpoint Ventures and 36 Others
- Latest Funding Round: Series E, Jun 12, 2025, $*****
- Highlight: Editors' Pick
3. Rubrik
Provider of cyber resilience platform for data and identity security. The platform offers data protection through immutable backups, threat analytics for cyber threat detection, and identity security for multi-IdP environments. It provides cyber recovery solutions to restore operations, along with features like anomaly detection and threat monitoring. The platform supports cloud, on-premises, and SaaS environments.
Key facts about Rubrik
- Founded Year: 2014
- Location: Palo Alto (United States)
- Stage: Public
- Total Funding till date: $553M
- Employee Count: 5,196 as on Sep 30, 2026
- Investors: ADS Ventures, Section Partners and 51 Others
- Latest Funding Round: Series F, Aug 17, 2021, $*****
- Highlight: Public
4. Aven
Credit cards backed by home equity for consumers. It can be used for services such as online/offline purchases, money transfers, bill payments, and more. Users can register by home & identity verification, identity verification, eSigning the documents, and more.
Key facts about Aven
- Founded Year: 2019
- Location: Burlingame (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $252M
- Employee Count: 202 as on Sep 30, 2026
- Investors: GIC, TriplePoint Capital and 23 Others
- Latest Funding Round: Series E, Sep 09, 2025, $*****
- Highlight: Editors' Pick
5. Upgrade
Provider of consumer credit and banking products. It provides users with a financial technology company offering diverse credit and banking products. The company provides personal loans, credit cards, and rewards checking and savings accounts designed to assist individuals in managing their finances. Their offerings aim to provide accessible credit solutions, competitive rates, and rewards for everyday spending. They also include tools for credit monitoring and education to help individuals understand and improve their credit health.
Key facts about Upgrade
- Founded Year: 2016
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $750M
- Employee Count: 1,601 as on Sep 30, 2026
- Investors: Carriage House Rock, West Coast Equity Partners and 43 Others
- Latest Funding Round: Series G, Oct 16, 2025, $*****
- Highlight: Acquired
Thirdbase Capital's Year-on-Year Investment Trends
Its most recent first time investment was in Vault.Thirdbase Capital's Investments by Stage
Thirdbase Capital has made 1 investment in Seed stage with an average round size of $3.7M.Thirdbase Capital's Investments by Sector
Thirdbase Capital has a diverse portfolio, with companies operating in the FinTech and Financial Services. Notably, it has invested in 23 Tech companies, 17 Enterprise (B2B) companies, 14 Software companies and at least 10 companies focusing on Saas.Thirdbase Capital's Investments by Geography
Thirdbase Capital has made most investments in Canada (1).Thirdbase Capital's recent investments
Thirdbase Capital has not made any investment in 2026 so far.Here are the most recent investments by Thirdbase Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 16, 2023 | Canada | Seed | 8932 | [+1] |
Unicorns in Thirdbase Capital's Portfolio
Thirdbase Capital has 10 unicorns in its portfolio - Decart, Abridge Inc, Aven and others. The most recent unicorn in their portfolio is Decart. It became a unicorn in 2025, 1 years before Thirdbase Capital first invested in it.Here is a list of unicorns in Thirdbase Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Real-time generative AI open world model developer | 2023 | San Francisco | Series C | ldqqacp | ||
79 | Provider of AI-based health record platform | 2018 | Pittsburgh | Series E | kbeqkgt | ||
78 | Credit cards backed by home equity for consumers | 2019 | Burlingame | Series E | qwwjkwi | ||
55 | Provider of a platform for business payments and connected banking | 2017 | Bengaluru | Series D | bja{gbb | ||
74 | Digital company offering payment and corporate financial cards | 2019 | New York City | Series C | aspidgd |
IPOs and Publicly Listed companies in Thirdbase Capital's Portfolio
2 of Thirdbase Capital's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Rubrik got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $5.63B.Here are Thirdbase Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 2563 | |
Apr 25, 2024 | - | - | 3694 |
Acquired companies in Thirdbase Capital's Portfolio
3 companies from Thirdbase Capital's portfolio have been acquired. The most recent acquisition was MetaMap in Jun 2024 by Incode for $*****.Here are Thirdbase Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 11, 2024 | - | - | 8011 | |
Apr 09, 2024 | - | - | 9011 | |
Jun 22, 2023 | - | - | 4082 |
Team profile of Thirdbase Capital
Thirdbase Capital has a team of 6 members including 1 Partner, 2 Venture Partners and 2 Principals located in United States and United Kingdom. Thirdbase Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Thirdbase Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York | - | ||
Venture Partner | Owings Mills | - | ||
Venture Partner | - | - | - | |
Principal | Houston | - | - | |
Principal | London | - |
Co-investors of Thirdbase Capital
Over the past 3 years, 2 investors have co-invested in Thirdbase Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Thirdbase Capital: 2 investors entered a company along with Thirdbase Capital. These include investors like Gradient Ventures (1 company).
