
Basis Set Ventures
325 Sharon Park Drive, Suite 603, Menlo Park, CA, 94025, United States
Overview
Basis Set Ventures is an early-stage investment firm focused on artificial intelligence and its practical application. It focuses on seed and Series A investments, writing checks typically between $1 million and $3 million. The firm invests in enterprise companies, concentrating on scalable infrastructure, collaboration tools, automated workflows, and autonomous machines. Lan Xuezhao headquartered Basis Set Ventures in San Francisco, California in 2017.
- Total investments
- 74
- Lead investments
- 15
- Investments · 12mo
- 23
- Active investors
- 7
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- FSH Technologies
Participated · Seed · Aug 2026
FSH Technologies develops end-to-end software for public-sector clients, targeting municipalities, school districts, and state agencies to modernize legacy government systems. The company emphasizes solving the whole procurement and change-management problem rather than only delivering software, and it avoids billable consulting hours and traditional sales or consulting teams—describing its staff as builders. FSH frequently competes with large consulting firms such as Accenture for government contracts and has reported winning bids against them. The founder and CEO, Lilly Chen, is a former Meta engineer who started the company after leaving Meta; reporting notes her personal background and leadership but does not specify the company's founding year. Financially, FSH has raised $25 million in total funding, including a $5 million seed and a $20 million Series A led by Lachy Groom. The articles do not provide revenue, user, or other operating metrics.
- Osmo Studio
Participated · Seed · Aug 2026
Osmo Studio builds an end-to-end editable video platform that generates animation as editable code, with control over timeline, layers, vectors, motion, and brand rules. The product accepts inputs such as Figma files, pasted frontend code, or reference videos and produces animations that teams can edit programmatically. Osmo originated as a software and film studio and, in the seven months before launch, the team produced over 50 films and commercials for clients including Cognition, Parallel Web Systems, and Physical Intelligence. Early customers and teams at companies like Webflow, Resend, Rho, and Gumloop are already using the platform to ship work. The company publicly launched alongside its seed raise and disclosed a $5 million seed financing led by Bain Capital Ventures. The founders highlighted in the launch are Chris He, Oleksandr Shevenionov, Will Hoppin, and Basil Alfaro.
- PgDog
Led · Seed · Jul 2026
Founded in 2025 by Lev Kokotov, PgDog is an open-source proxy written in Rust that sits between applications and PostgreSQL to provide connection pooling, load balancing, automatic horizontal sharding and cross-shard query aggregation without requiring application or schema changes. The company reports that dozens of companies are already using its proxy in production and it claims compatibility with managed Postgres offerings like AWS RDS, Aurora, Cloud SQL, Supabase and Neon. PgDog emphasizes zero-code changes for adopters and differentiates from alternatives (e.g., PgBouncer, RDS Proxy, Citus) by offering a unified layer combining multiple capabilities. The team is actively hiring key engineering talent, including a Founding Software Engineer, as part of its growth after the seed raise. Financially, the company has just completed a $5.5M seed round to fund scaling and team expansion; no additional revenue or user-metric details were disclosed in the articles.
- CuspAI
Participated · Series B · Jul 2026
CuspAI builds AI systems that search for and design new materials tailored to specified properties, serving customers including ASML and Meta. The company counts AI researchers Yann LeCun and Geoffrey Hinton as advisers. It plans to expand geographically across the US, APAC and Europe and to deploy an “AI Materials Foundry,” a global network of data, labs, compute and scientific expertise with founding partners such as Nvidia, Meta, Samsung and Hyundai and more than 40 other companies. Financially, CuspAI is a two-year-old startup that has raised over $670M to date, including a $450M Series B that values it at $2.6B. The firm says its platform addresses materials discovery bottlenecks across industries including energy, semiconductors, manufacturing, water treatment and carbon capture.
- Tomo
Participated · Seed · Jun 2026
Tomo is an iMessage-based personal AI that learns users’ goals and motivations, sends reminders and motivation, and adapts by generating personalized interfaces through a companion app. The product integrates with calendars, email, Notion, Google Drive and can join group chats, send reminders, watch videos, edit photos and accept user inputs like bank statements or screen time reports for accountability. In its first 3.5 months from stealth, Tomo gained about 10,000 paying customers and reports users engage around 20 days per month. The company emphasizes automatically building and updating interfaces tailored to individual habits and goals rather than requiring manual configuration. Co-founders Justin Quan and Raymond Chen have prior experience building agentic app platforms and viral consumer products. Tomo’s stated long-term vision is to become the most trusted consumer AI by combining engineering, psychology and anthropology to know when and how to intervene for users.