TLDR:
- BasedVC raised $2M in a seed funding round
- Platform revenue totaled over $65M with investments in 50+ crypto projects
In a successful seed funding round earlier this year, BasedVC raised $2M at a $15M post-money valuation, attracting investment from angel investors and leading web3 communities. The company is closing a strategic round at a post-money valuation of $25M, with participation from major brands, influencers, and web3 angel investors. BasedVC’s unique decentralized venture capital platform allows users to invest alongside top venture funds. The company has invested in projects like Heros of Mavia, Shrapnel, and Gunzilla Games, with average check sizes ranging from $500,000 to $1.5M. They are also official investment partners for NFT communities like Neo Tokyo and Cyberkongz. BasedVC is scaling its SaaS investment platform and preparing for a native cryptocurrency token launch. The company’s gated NFT platform allows community members to stake tokens and invest in projects, with future benefits for token holders. With a team experienced in projects like Sequoia Capital, BasedVC is poised for continued growth and success.
