TLDR:
- BasedVC raised $2M in a seed funding round with a post-money valuation of $15M
- They are official investment partners to Neo Tokyo, Kongz Capital, and other high-caliber NFT communities
BasedVC, a decentralized venture capital investment platform, recently raised $2M in a seed funding round with a post-money valuation of $15M. The firm has seen over $65M in platform revenue in the past year, deploying investments into 50+ cryptocurrency projects. They are currently closing a strategic round at a post-money valuation of $25M with participation from major brands, influencers, and web3 angel investors like Mario Nawfal, Crypto Banter, and more.
The unique value proposition of BasedVC lies in allowing users to invest alongside top venture funds such as a16z and Coinbase Ventures. The company has invested in various web3 projects like Heros of Mavia, Shrapnel, and Gunzilla Games, with check sizes ranging from $500,000 to $1.5M. They focus on scaling their SaaS investment platform and preparing for a native cryptocurrency token launch later this year.
BasedVC’s platform enables community members to stake their tokens and browse investment opportunities, committing funds directly to selected projects. The company manages investment execution and post-investment support, delivering vested tokens to community members’ wallets. With over 20+ partnered communities, BasedVC has seen success with investments like Heros of Mavia.
The team at BasedVC brings years of experience from projects like Sequoia Capital, and they have multiple joint investment partnerships. The company’s focus on community-driven investments and strategic partnerships with high-caliber NFT communities sets them apart in the decentralized investment space.
