Base Case Capital
Overview
Base Case Capital is an early-stage venture capital firm focused on the next generation of enterprise software. They typically invest in pre-seed, seed, and Series A rounds, with occasional participation in Series B. Their investment focus is on supporting builders who are creating innovative enterprise software solutions. They offer unique value-add services tailored to the needs of enterprise software companies, ensuring that their portfolio companies receive strategic and operational support to scale effectively.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Paper | Jul 2026 | Series A | Co-investor |
| Paper | Jul 2026 | Series A | Co-investor |
| American Terawatt | May 2026 | Series B | Co-investor |
| Mastra | Apr 2026 | Series A | Co-investor |
| Devotion | Mar 2026 | Seed | Lead |
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Key People
alana goyal
founder & managing partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Base Case Capital based?
Base Case Capital is headquartered in San Francisco, California, United States.
When was Base Case Capital founded?
Base Case Capital was founded in 2020.
How many portfolio companies does Base Case Capital have?
Base Case Capital has 26 portfolio companies in Caplight's dataset.
What are some companies in Base Case Capital's portfolio?
Recent investments visible on Caplight include Paper, Paper, American Terawatt, Mastra, Devotion.
What was Base Case Capital's most recent investment?
Base Case Capital's most recent investment on Caplight was in Paper in 2026.
What sectors does Base Case Capital focus on?
Base Case Capital focuses on Enterprise Software, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Energy & Sustainability, Consumer & Commerce, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Cybersecurity, FinTech, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure.
What company stages does Base Case Capital focus on?
Base Case Capital typically invests at the Early stage.
What is Base Case Capital's AUM?
Base Case Capital's assets under management are estimated between $0.0 and $50.0M.