Basis Set Ventures

General contacts

Investor type

PE / VC

Founded

2021

AUM

$300 M

Location

Los Angeles, California, United States

Investment Ticket

$0-1 m

Investment Stage

Pre-seed Seed Series A

Region of investment

North America Asia

Investor profile last updated: 16 August, 2026

Profile

Basis Set Ventures is an AI-native venture capital firm based in Menlo Park, California, founded by Dr. Lan Xuezhao. The firm is built on a modern machine learning stack and includes a team of partners such as Pascal, Rachel Wong, Chang Xu, Jennifer Lee, and Wilson Kyi. They differentiate themselves by being deeply integrated into the AI ecosystem, acting as the first customer, sales rep, and more for their portfolio companies.

The firm invests in early-stage startups focusing on artificial intelligence, SaaS, data, consumer, and developer tools. They typically write checks in the range of $2-3 million and invest in pre-seed, seed, and Series A stages. Basis Set Ventures has a global investment reach, including the USA, Canada, and the Asia-Pacific region. Their funds include Basis Set Ventures Fund III with $185 million and a recently announced $250 million Fund IV.

Notable investments by Basis Set Ventures include Parasail - democratization of AI inference, Basata - healthcare admin defense, and Daydream - growth-as-a-service. They also have investments in companies like Neion and Reflow, showcasing their commitment to advancing AI and related technologies.

Industry

Automotive Education Edtech Fashion/Beauty Financial Services Fintech Food and Beverage Foodtech Gaming Marketing and Advertising Media and Entertainment Other Real Estate Robotics Security Software Telecommunications Transportation AI Technology LegalTech AdTech Machine Learning (ML)

Basis Set Ventures Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Basis Set Ventures Fund III	Venture Capital (VC)	AI	Pre-seed Seed Series A	North America	$5-10 m	$185 M	December 2023
Basis Set Ventures Fund IV	Private Equity (PE) Venture Capital (VC)	Automotive Education Edtech Fashion/Beauty Financial Services Fintech Food and Beverage Foodtech Gaming Marketing and Advertising Media and Entertainment Other Real Estate Robotics Security Software Telecommunications Transportation AI Technology LegalTech AdTech Machine Learning (ML)	Seed	North America	$5-10 m	$250 M	September 2026

Contacts

Name

Title

Social Networks

John Mannes Partner

Partner

j•••@•••

Muhammad Zulqarnain Senior Software Engineer

Senior Software Engineer

z•••@•••

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Investment-team contacts for Basis Set Ventures — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Basis Set Ventures

Is Basis Set Ventures a venture capital or private equity firm?

Basis Set Ventures is a venture capital and private equity firm. It backs companies at Pre-seed, Seed and Series A, writing tickets of $0-1 m.

Where is Basis Set Ventures located?

Basis Set Ventures is located in Los Angeles, California, United States.

When was Basis Set Ventures founded?

Basis Set Ventures was founded in 2021.

What sectors and industries does Basis Set Ventures invest in?

Basis Set Ventures invests in companies and startups in Automotive, Education, Edtech, Fashion/Beauty, Financial Services, Fintech, Food and Beverage, Foodtech, Gaming, Marketing and Advertising, Media and Entertainment, Other, Real Estate, Robotics, Security, Software, Telecommunications, Transportation, AI, Technology, LegalTech, AdTech, Machine Learning (ML).

What is Basis Set Ventures geographical focus of investments?

Basis Set Ventures invests in companies and startups in North America, Asia.

At what stages of companies and startups does Basis Set Ventures typically invest in?

Basis Set Ventures invests in companies and startups at Pre-seed, Seed, Series A.

What is the usual amount of Basis Set Ventures investment?

Basis Set Ventures usually invests $0-1 m on average.

What is the amount of assets of under management (AUM) for Basis Set Ventures?

Basis Set Ventures has around $300m assets under management.

When was Basis Set Ventures last fund created?

Basis Set Ventures last fund was created/launched in 2023-12-14

What are the contacts of Basis Set Ventures?

Basis Set Ventures can be reached through its website basisset.ventures, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Basis Set Ventures — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Basis Set Ventures data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Basis Set Ventures directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Basis Set Ventures profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.