Seed-stage VC, US
Basis Set Ventures
Venture capital firm · San Francisco · Founded June 2017
Quick read
Basis Set Ventures is an AI-focused seed and Series A venture firm founded in June 2017 and headquartered in San Francisco, CA. It backs early-stage companies using AI to automate workflows, scale infrastructure, and improve enterprise productivity, writing seed checks of $2M–$3M with 50% reserves for follow-on. The firm closed its $250M Fund IV in January 2026 and manages over $850M in cumulative AUM.
Key facts
- Founded
- June 2017
- Founders
- Lan Xuezhao
- Employees
- 10-50
- Sectors
- ai, enterprise, saas, devtools
- Website
- www.basisset.com
Investment thesis
Basis Set backs early-stage (pre-seed through Series A) companies using AI to automate enterprise workflows, scale infrastructure, and power intelligent collaboration — investing at the earliest moment with $2M–$3M seed checks and reserving 50% of each fund for follow-on.
Recent activity
- 2026investmentBasis Set led the seed round for Alien platform, a $5M raise co-backed by Jibe Ventures and angels from OpenAI, Google, and Databricks. x.com
- 2026investmentBasis Set participated in PgDog's $5.5M seed round alongside Y Combinator and Pioneer Fund. PgDog is a Postgres connection pooler, load balancer, and database sharder. x.com
- 2026investmentLan Xuezhao led Basata's $21M Series A, joined by Aileen Lee of Cowboy Ventures and other investors. linkedin.com
- 2026investmentPortfolio company Entendre AI was acquired by MoonPay. Basis Set had led Entendre's first round. linkedin.com
- 2026investmentRasa secured a $30M Series C co-led by StepStone Group and PayPal Ventures, with Basis Set Ventures among the supporting investors. linkedin.com
- 2026pressBasis Set confirmed $850M AUM, per partner Wilson Kyi's public profile. linkedin.com
- 2026investmentTracxn reports Basis Set has invested in 67 companies total, with 12 new investments in the last 12 months. Most recent disclosed deal is a seed round in Synthetic Overall. tracxn.com
- OngoingproductBasis Set Fellowship accepts applications from recent graduates building self-directed projects, with a 12-week SF program embedded at AI companies. x.com
- Jan 2026fundraiseBasis Set closed its $250M Fund IV, bringing total AUM to $850M. Foundry and Melinda French Gates' Pivotal Ventures are publicly named LPs. en.wikipedia.org
- Jan 2026pressBasis Set published a piece titled "Agents Broke Our Old Infrastructure. Now We Get to Rebuild It," signaling the firm's current thesis around agentic AI infrastructure. f4.fund
- 2026productBasis Set launched its 2026 AI Fellowship — a 12-week program in San Francisco embedding early-career builders with AI companies. Mem0 joined as a partner for an Agentic Memory Track focused on AI agents, memory, retrieval, and context engineering. x.com
- May 2026investmentBasis Set led Basata's $21M Series A. Lan Xuezhao led the round alongside Aileen Lee of Cowboy Ventures and other investors. tipranks.com
Notable investments
- Synthetic OverallSeed2026tracxn.com
- AlienSeed ($5M)2026x.com
- PgDogSeed ($5.5M)2026x.com
- BasataSeries A ($21M)2026linkedin.com
- RasaSeries C ($30M)2026linkedin.com
- Entendre AISeed (led by Basis Set; acquired by MoonPay)2026linkedin.com
- BasataSeries AMay 2026tipranks.com
- DaydreamSeries AApr 2026tipranks.com
- QuinceSeries EMar 2026startupintros.com
- FlintSeries A2026tipranks.com
- SyntheticSeed2026pitchbook.com
- PrismVaultSeed2026pitchbook.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Lan Xuezhao · Founder & Managing Partner
- John Mannes · Partner
- Chang Xu · Partner
- Rachel Wong · CTO & Partner
- Ingrid Chen · Controller
Sources
- Basis Set Ventures — Official Website
- Basis Set Ventures — Wikipedia
- Basis Set Ventures — PitchBook
- Basis Set Ventures — Crunchbase
- Basis Set Ventures — Investment Thesis & Preferences
- Basis Set Ventures — Tracxn
- Venture Unlocked — Lan Xuezhao Interview
- https://x.com/BasisSet
- https://www.tipranks.com/private-companies/investor/basis-set-ventures
- https://startupintros.com/orgs/basis-set-ventures
- https://www.linkedin.com/company/basis-set
- https://www.linkedin.com/in/ingrid-chen-a48b1b10/
- https://www.linkedin.com/in/wilsonkyi
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Frequently asked
What is Basis Set Ventures?+
Basis Set Ventures is an AI-focused seed and Series A venture firm founded in June 2017 and headquartered in San Francisco, CA. It backs early-stage companies using AI to automate workflows, scale infrastructure, and improve enterprise productivity, writing seed checks of $2M–$3M with 50% reserves for follow-on.
Where is Basis Set Ventures headquartered?+
Basis Set Ventures is headquartered in San Francisco, United States.
When was Basis Set Ventures founded?+
Basis Set Ventures was founded in June 2017 by Lan Xuezhao.
What sectors does Basis Set Ventures invest in?+
Basis Set Ventures focuses on ai, enterprise, saas, devtools. They primarily invest in these sectors.
How do I prepare for a meeting with Basis Set Ventures?+
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Try Brief →Generated by briefthecall.com from public web sources. Last updated July 20, 2026. Each claim is linked to its source above.
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