Basis Set Ventures: Funding, Team & Investors

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Basis Set Ventures: Funding, Team & Investors | Startup Intros

About

Basis Set Ventures is an early-stage venture capital firm, investing in companies utilizing artificial intelligence and automation to enhance human productivity. The firm targets startups developing solutions for scaling infrastructure, intelligent collaboration, automated workflows, and autonomous machines, ultimately transforming organizational operations through technological advancement.

Established in 2017 by managing partner Lan Xuezhao, Basis Set Ventures originated from her belief in AI's power to redefine work. Xuezhao founded the firm to identify and support early-stage companies sharing this vision, providing essential capital and strategic guidance during their formative growth.

The firm's portfolio includes technology companies building within the AI and automation sectors. Basis Set Ventures aims to scale human potential by empowering these startups to create impactful products. Their vision anticipates a future where AI integration drives significant productivity improvements and opens new possibilities for human achievement.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Mar 11, 2026	Quince	$500.0M Series E	Yoonkee Sull	DST Global, Marcy Venture Partners, Notable Capital, Wellington Management, WndrCo
Mar 4, 2026	Opal	$6.0M Seed	Lan Xuezhao	Adam O'Brien, Ian Crosby
Feb 25, 2026	Quill	$6.5M Quill Seed	Index Ventures, Sarah Cannon, Basis Set Ventures	Naval Ravikant, Christine Tsai, AME Cloud Ventures, Morado Ventures
Feb 25, 2026	Rowspace	$50.0M Seed	Jake Saper, Alfred Lin	Conviction, Stripe, Twine Ventures
Feb 10, 2026	Entire	$60.0M Entire Seed	Felicis Ventures	Cherry Ventures, Garry Tan, Gergely Orosz, Global Founders Capital, Harry Stebbings, Jerry Yang, M12 - Microsoft's Venture Fund, Madrona, Olivier Pomel, Picus Capital, Theo Browne, The Twenty Minute VC, 20VC, M12
Feb 10, 2026	Reflow	$15.0M Seed	Basis Set Ventures	Better Tomorrow Ventures, Bling Capital, Designer Fund, e2vc
Feb 10, 2026	Clearly AI	$8.4M Clearly AI Seed	Basis Set Ventures	Argon Ventures, Crosspoint Capital Partners, Ritual Capital, Y Combinator, SET Ventures, Y Combinator
Jan 30, 2026	OpenArt	$30.0M Series A	Canaan Partners	DCM
Dec 16, 2025	DataLane	$22.5M Series A	Mike Dauber	Mischief
Dec 2, 2025	Simular	$21.5M Series A	Peter Deng	Lenny Rachitsky, Lan Xuezhao, Flying Fish Partners, NVentures, Samsung Next, South Park Commons, Xoogler Ventures
Nov 1, 2025	Flint	$15.0M Series A	Basis Set Ventures, Patron	Accel, Afore Capital, BlockTower Capital, Foundation Capital, General Catalyst, NEO, Polygon, Ribbit Capital, True Ventures, Y Combinator, Ajit Tripathi, Do Kwon, Karim Atiyeh, Kunal Shah, Tim Griffin
Oct 13, 2025	VIAVIA	$15.0M Series A	Hans Tung	AI Fund, NEA
Oct 1, 2025	Tigris Data	$25.0M Series A	Spark Capital	Amplify Partners, Andreessen Horowitz, General Catalyst, Christian Bach, Andreessen Horowitz
Oct 1, 2025	Katana	$16.0M Series B	Sylwester Janik	3VC, Atomico, Hoxton Ventures, Insight Partners, Lightspeed Venture Partners, Brooke Seawell, Northzone, Project A Ventures, Arash Ferdowsi, Jaan Tallinn, Mandeep Singh, Ott Kaukver, Sergei Anikin, 42CAP, Atomico, Peter Fenton, Lightrock
Oct 1, 2025	Mem0	$20.0M Series A	Basis Set Ventures, Kindred Ventures	CapitalX, Long Journey Ventures, Stellar Capital, VitalStage Ventures, Y Combinator, Charles Zedlewski, Dharmesh Shah, Kulveer Taggar, Lukas Biewald, Scott Belsky, Thomas Dohmke, Brian Balfour, James Hawkins, Jennifer Taylor, Olivier Pomel, Paul Copplestone, Philip Rathle, GitHub Fund, Peak XV Partners (Sequoia Capital India), Y Combinator
Sep 1, 2025	CuspAI	$100.0M Series A	New Enterprise Associates, Temasek	ARCH Venture Partners, F-Prime Capital Partners, FTX Ventures, General Catalyst, Hoxton Ventures, Lightspeed Venture Partners, Lux Capital, Mubadala, Brooke Seawell, Northzone, Y Combinator, Arash Ferdowsi, Balaji Srinivasan, Eoghan McCabe, Karim Atiyeh, Mandeep Singh, Scott Belsky, Thomas Wolf, Durk Kingma, Victor Riparbelli, Zoubin Gharamani, FJ Labs, Giant Ventures, Keith Noh, LocalGlobe, NVentures, Prosus Ventures, Samsung Ventures, Tiferes Ventures, Touring Capital
Sep 1, 2025	Induction Labs	$500K Seed	—	CapitalX, VitalStage Ventures, Y Combinator, Kulveer Taggar
Sep 1, 2025	Hero Assistant	$4.0M Seed	—	Andreessen Horowitz, B Capital Group, Commerce Ventures, FinTech Collective, Hoxton Ventures, Innovation Endeavors, Lightspeed Venture Partners, March Capital, Brooke Seawell, Northzone, Oak HC/FT, Point72 Ventures, Reciprocal Ventures, Seven Seven Six, WorldQuant Ventures, Akin Babayigit, Arash Ferdowsi, Derrick Li, Ime Archibong, Julie Zhuo, Mandeep Singh, Max Mullen, Scott Belsky, Abstract Ventures, Neo
Jul 1, 2025	TACEO	$6.0M Seed	Archetype	500 Global, Citi Ventures, Contour Venture Partners, Redpoint Ventures, Trajectory Ventures, Valar Ventures, Winklevoss Capital, Work-Bench, Arash Ferdowsi, Balaji Srinivasan, Nitay Joffe, Roger Ehrenberg, a16z crypto, A Capital, Cyber Fund, Polymorphic Capital
Jun 1, 2025	Octane	$5.0M Seed	—	500 Startups, Archetype, Citi Ventures, Contour Venture Partners, Redpoint Ventures, Trajectory Ventures, Valar Ventures, Winklevoss Capital, Work-Bench, Arash Ferdowsi, Balaji Srinivasan, Nitay Joffe, Roger Ehrenberg
Jun 1, 2025	Castle	$1.0M Seed	Boost VC	500 Global, Archetype, Citi Ventures, Contour Venture Partners, Cyberstarts VC, Founders Fund, F-Prime Capital Partners, Index Ventures, Redpoint Ventures, The General Partnership, Trajectory Ventures, UpHonest Capital, Valar Ventures, Venture Guides, Winklevoss Capital, Work-Bench, Y Combinator, Amos Elliston, Arash Ferdowsi, Balaji Srinivasan, Charlie Songhurst, David Bettner, Jeff Arnold, Johan Lorenzen, John Collison, Mo El-Bibany, Nitay Joffe, Othman Laraki, Roger Ehrenberg, Epoch VC, Park Rangers Capital
Apr 1, 2025	Gorgie	$25.0M Series A	Notable Capital	FullStride Ventures, Carmen Chang, Hans Tung, Jason Cohen, Yossi Nasser, Coefficient Capital
Apr 1, 2025	Aspora	$53.0M Series B	—	500 Global, Archetype, Beat Ventures, Citi Ventures, Contour Venture Partners, DeNA, DST Global, Fellows Fund, Fin Capital, Global Founders Capital, Hummingbird Ventures, Redpoint Ventures, Scrum Ventures, Sequoia Capital, Soma Capital, Trajectory Ventures, Valar Ventures, Winklevoss Capital, Work-Bench, Y Combinator, Arash Ferdowsi, Balaji Srinivasan, Didier Valet, Gokul Rajaram, Nitay Joffe, Roger Ehrenberg, Stefan Jeschonnek
Apr 1, 2025	Spur	$5.0M Seed	—	C2 Investment, CapitalX, First Round Capital, VitalStage Ventures, Y Combinator, Arash Ferdowsi, David Lieb, Kulveer Taggar, Matt Macinnis
Apr 1, 2025	Octolane AI	$3.0M Seed	—	7BC Venture Capital, AAF Management Ltd., CapitalX, Aniq Kassam, Hoxton Ventures, Initialized Capital, Lightspeed Venture Partners, Brooke Seawell, Northzone, VitalStage Ventures, Y Combinator, Arash Ferdowsi, Kulveer Taggar, Mandeep Singh, Pete Koomen, Tom Blomfield, Yahya Mokhtarzada

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Basis Set Ventures.

Leadership Team

Key people at Basis Set Ventures.

Deep Dive

High-Level Overview

Basis Set Ventures is an early-stage venture capital firm dedicated to scaling human potential through artificial intelligence (AI). Their mission centers on investing in founders who leverage AI to enhance productivity across diverse sectors such as SaaS, robotics, autonomous vehicles, legal tech, and martech. The firm’s investment philosophy emphasizes a data-driven, research-based approach, including psychometric analysis of founder traits to predict success, and focuses primarily on pre-seed to Series A rounds with typical investments ranging from $1 million to $3 million. Basis Set Ventures has a strong presence in the USA, Canada, and Asia-Pacific, managing approximately $600 million in assets and supporting startups that drive AI-enabled transformation in traditional industries[1][2][3].

Origin Story

Founded in 2017 by Lan Xuezhao, an entrepreneur and investor passionate about uniting machine intelligence with human ingenuity, Basis Set Ventures has evolved into a leading AI-focused VC firm based in Menlo Park, California. Lan’s early investments, starting with Scale in 2016, laid the foundation for the firm’s focus on AI-driven startups. The firm’s founding vision was to create universal abundance by harnessing AI’s potential to augment human capabilities. Over time, Basis Set has expanded its fund sizes and portfolio, now operating its third fund of $185 million, and has built a reputation for combining operational expertise with rigorous data analysis to identify and support promising founders[1][2][4].

Core Differentiators

Unique Investment Model: Uses machine learning and proprietary software to analyze founder psychology and predict startup success, setting it apart from traditional VC firms[1][3].
Network Strength: Led by experienced operators and investors, including founder Lan Xuezhao and partners with deep industry expertise, providing strategic guidance beyond capital[2][4].
Track Record: Over 80 investments with notable portfolio companies like Quince and Path Robotics, managing around $600 million in assets across multiple funds[1][4].
Operating Support: Active involvement in portfolio companies through board roles and hands-on mentorship, helping startups find product-market fit and scale revenue[2].

Role in the Broader Tech Landscape

Basis Set Ventures rides the wave of AI as the defining technological trend of the 21st century, investing at a time when AI is rapidly transforming productivity across economic sectors. The firm’s timing aligns with increasing adoption of AI in enterprise software, robotics, and automation, supported by advances in machine learning and data availability. By focusing on early-stage startups, Basis Set influences the ecosystem by nurturing companies that push AI-driven innovation, helping to shape the future of work and technology-enabled human augmentation. Their data-driven approach to founder evaluation also contributes to evolving venture capital practices in the AI era[1][2][3].

Quick Take & Future Outlook

Looking ahead, Basis Set Ventures is poised to continue expanding its influence by backing startups that harness AI to unlock new levels of human productivity and innovation. Trends such as generative AI, autonomous systems, and AI-powered SaaS platforms will likely shape their investment focus. As AI technologies mature and integrate deeper into various industries, Basis Set’s expertise and data-driven model will help it identify and scale the next generation of transformative companies. Their commitment to intellectual honesty and evidence-based investing suggests a sustained role as a thought leader and catalyst in the AI venture capital landscape[1][2][4].

Sources

Deep Dive

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Uses machine learning and proprietary software to analyze founder psychology and predict startup success, setting it apart from traditional VC firms[1][3].
Network Strength: Led by experienced operators and investors, including founder Lan Xuezhao and partners with deep industry expertise, providing strategic guidance beyond capital[2][4].
Track Record: Over 80 investments with notable portfolio companies like Quince and Path Robotics, managing around $600 million in assets across multiple funds[1][4].
Operating Support: Active involvement in portfolio companies through board roles and hands-on mentorship, helping startups find product-market fit and scale revenue[2].