Basis Set
also invests · investor profileFounded 2017 · 27 employees on LinkedIn · 10 known investors
An AI-native venture capital firm that uses machine learning and its own AI tools to identify and support AI companies. The firm operates as a customer and advisor to its portfolio companies.
Founders & leadership
Basis Set was founded in 2017 by Lan Xuezhao.
LX
Lan Xuezhaoin𝕏Founder & PartnerShe previously worked in corporate development at Dropbox and at McKinsey, has an academic research background, and continues to pursue research through Pascal.
Investors · 10
FoundryBoulder · $250K – $15M
Basis Set VenturesreportedMenlo Park · $1M – $3M
Cowboy VenturesreportedPalo Alto · $500K – $3M
Peak XV PartnersreportedTrianon · $100K – $10M
PHX VenturesreportedTempe · $1M – $5M
Pivotal Venturesreported · 2 sourcesSeattlevia Melinda French Gates · inferred
Sequoia CapitalreportedMenlo Park · $4.4M – $214M
Y Combinatorreported · 2 sourcesSan Francisco · $500K
Also in the syndicate · 2
Kindred Venturesthe GitHub Fund
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AOct 2025
Basis Set Ventures (lead), Kindred Ventures, Peak XV Partners, the GitHub Fund, Y Combinator
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Founder mafia
3 people who came through Basis Set went on to found or lead other companies.
In the news
Frequently asked questions
- What does Basis Set do?
- An AI-native venture capital firm that uses machine learning and its own AI tools to identify and support AI companies. The firm operates as a customer and advisor to its portfolio companies.
- Who founded Basis Set?
- Basis Set was founded by Lan Xuezhao in 2017.
- Who are Basis Set's investors?
- Basis Set's investors include Foundry, Basis Set Ventures, Cowboy Ventures, Peak XV Partners, PHX Ventures, Pivotal Ventures, Sequoia Capital, Y Combinator.