Basis Set Ventures

Basis Set led Basata's $21M Series A to bring AI to healthcare's most overlooked workforce — the administrators keeping practices alive.

A new category of consumer companies is emerging—those driven by scalable infrastructure. Let’s call it “consumer infra.”

The shift from coding to building with agents is about creating reasoning systems that compound human judgment

Clearly AI helps security teams manage the surge of AI-generated code, cutting review times by 90%+ without sacrificing trust or safety.

Basis Set has raised $250M for Fund IV to partner early with independent founders building real AI systems

Our 24/7 founder concierge team

Basis Set Ventures invests in early-stage startups that are harnessing the opportunities for artificial intelligence to enable people to perform more productively. We believe artificial intelligence (AI) delivers core value to businesses by improving the current business workflow and uncovering new opportunities.

M13 co-founder Carter Reum and Basis Set Ventures partner Chang Xu discuss how they assess AI investments as the market accelerates. They weigh startups’ defensibility against hyperscaler competition, test deal prices with market-size and customer-spending estimates, and distinguish fast-moving “velocity” markets from technically difficult “depth” markets. They also point to regulated industries, agent-focused infrastructure, and creative AI as opportunities, and argue that Los Angeles’ strengths in taste and culture may shape AI’s next wave.

Jun 2026 · TechCrunchNews article

OpenArt launches One-Click Story, an open-beta feature that turns a sentence, script, or song into a one-minute video. Users can choose Character Vlog, Music Video, or Explainer templates, edit clips in storyboard mode, and select from more than 50 AI models. The company says it has around 6 million monthly active users and aims to keep characters and narratives consistent throughout videos.

Aug 2025 · TechCrunchNews article

Nowadays, founded by sisters Anna Sun and Amy Yan, raises a $2 million seed round to automate planning for large events with AI. Its system uses a database of 400,000 venues and a model combining OpenAI, Anthropic, and its own code to solicit bids by email and phone, then organizes options for planners. The company says it has booked more than $4 million worth of events, including for Google, Amazon, Notion, and Supabase.

Dec 2024 · TechCrunchNews article