Basis Set Ventures - Unicorn Nest

Basis Set Ventures

Basis Set Ventures

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Headquarters Location

United States, San Francisco

About

Basis Set Ventures was established in 2017, and is a well known VC. The main office of this VC is situated in San Francisco. The VC's location is in North America, United States.

This VC was founded by Xuezhao Lan. The overall number of key employee in the fund's team is 1.

The fund's activity peaked in 2018. In addition, the fund was active in 2019. Typical investments for this fund are deals in the range of 10 - 50 millions dollars. The fund typically enters into 7-12 deals annually. The fund performance shows that this VC achieves 8 percentage points less exits in comparison to other VCs. The average start-up valuation at the time of investment from Basis Set Ventures is 500 millions - 1 billion dollars. The most exits for the fund occurred in 2019.

The fund usually invests in rounds together with 5-6 others. Aside from Basis Set Ventures, start-ups are often funded by Y Combinator, NGP Capital, DCM Ventures and 1 other fund. Other VCs who often invest in the same rounds are Zetta Venture Partners, Y Combinator, Start Smart Labs, the total number of co-investors is 4. The investors in the following rounds are usually GGV Capital, Zetta Venture Partners, Xplorer Capital.

Among the most popular investment industries for the fund are Drones, Automotive. However, the fund’s focus is not limited to this, since there are 8 more areas of investment. Among the most popular portfolio start-ups of the fund, are Lime, Ike, Cognition IP. The country of its establishment and the country of its most frequent investments coincides - United States. The fund has an exact preference in the amount of founders of companies in its portfolio. When a start-up has 5+ founders, the probability of closing the deal is low. Also, a start-up has to be aged 2-3 years to expect investment from this fund.

Year Founded

2017

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: basisset.ventures; User name format in descending order of probability: first, last

Group Appearance [how often fund is operating separately from groups with shared interest]

100.0% of cases

Investments per Year [average amount of rounds in which fund participates each year]

7-12

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

13.6% of cases

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

3.1 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.1 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

1

Funds Investing in Previous
Rounds

Y Combinator, NGP Capital, DCM Ventures

Funds Investing in Following
Rounds

GGV Capital, Zetta Venture Partners, Xplorer Capital

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