Basement Fund: A venture fund specializing in early-stage startup investments.
Location
New York City, NY, US
Founded
2020
Basement Fund is a venture fund that specializes in early-stage startup investments, focusing on companies at the convergence of modern-day culture and technology. They typically invest in seed and Series A rounds, with occasional participation in pre-seed, Series B, and Series C rounds. Their portfolio includes companies such as Almanac, Atmos, Centered, ChartHop, Daily, Density, Dream Pops, Fourthwall, Hags, Haus, Hydra Studios, Levels, LÜK Network, MainStreet, Memora Health, Thrasio, and Upstream.
The firm is known for backing ambitious builders and offers unique value-add services to its portfolio companies. Key partners or decision-makers are not explicitly mentioned, but the firm's investment philosophy centers on supporting innovative ideas that blend cultural relevance with technological advancement. This approach has led to significant investments in a diverse range of startups, providing them with the resources and guidance needed to scale effectively.
Basement Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies21
Current Portfolio Count17
Total Portfolio Exits2
Top Investment Stages
Seed10 (47.6%)
Series A6 (28.6%)
Series B3 (14.3%)
Pre-Seed1 (4.8%)
Series C
Stage Mix
Seed 48%Series A 29%Series B 14%Pre-Seed 5%Series C 5%
Concentration shown as share of disclosed investments by stage.
