Basis Set

Summary

In 2017 was created Basis Set Ventures, which is appeared as VC. The main office of represented VC is situated in the San Francisco. The venture was found in North America in United States.

The standard case for the fund is to invest in rounds with 5-6 partakers. Despite the Basis Set Ventures, startups are often financed by Y Combinator, NGP Capital, DCM Ventures. The meaningful sponsors for the fund in investment in the same round are Zetta Venture Partners, Y Combinator, Start Smart Labs. In the next rounds fund is usually obtained by GGV Capital, Zetta Venture Partners, Xplorer Capital.

The high activity for fund was in 2018. The fund is constantly included in 7-12 deals per year. The usual things for fund are deals in the range of 10 - 50 millions dollars. The average startup value when the investment from Basis Set Ventures is 500 millions - 1 billion dollars. The top amount of exits for fund were in 2019. The real fund results show that this VC is 8 percentage points less often commits exit comparing to other companies.

Among the most popular fund investment industries, there are Drones, Automotive. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Lime, Ike, Cognition IP. The fund has exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the location of its establishment and the land of its numerous investments - United States.

This organization was formed by Xuezhao Lan. The overall number of key employees were 1.