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Based Ventures
Based Ventures is an early-stage investment firm in Singapore backing Southeast Asia's internet economy with a conviction-led, pre-Series A approach.
Based Ventures
VC aimed to fix the issues in crowdfunding not only for founders but investors as well | Venture Firm, aimed to fund market disrupters, female and minority owned companies, fintech, DeFi and finance.
General information
Firm type
Venture Capital
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
Singapore
City
Singapore
Corporate office
Singapore
Sector focus
Frequently asked questions
What stage and check size does Based Ventures typically target?
Based Ventures focuses on pre-seed to Series A rounds, with initial checks generally under $1 million. The firm reserves capital for follow-on investments but has not publicly disclosed a maximum follow-on reserve. Deal-level data from confirmed portfolio rounds suggests typical entry valuations below $20 million.
Which markets does Based Ventures primarily invest in?
The firm concentrates on Southeast Asia and India. Its disclosed portfolio includes companies headquartered in Singapore, Indonesia, and Malaysia, with products that scale regionally — such as Neuron Mobility (Asia-Pacific and Europe) and Raena (Southeast Asia). The firm has not disclosed any investments in North America, Latin America, or Africa.
Does Based Ventures invest in sectors beyond consumer internet and SaaS?
No confirmed investments outside consumer internet, enterprise software, and embedded fintech have been identified. The firm appears to avoid hardware, deep-tech, biotech, and climate-tech. Its portfolio companies — such as Pencil (creative AI SaaS), Aspire (SME neobank), Raena (social commerce), and Neuron (shared micromobility) — all build on digital platform models with network effects or recurring software revenue.
How is Based Ventures structured as an investment vehicle?
Based Ventures does not appear to raise blind-pool, closed-end funds. The firm operates more like a syndicate or holding entity, deploying from a single rolling capital pool. It has not registered as a fund management company with the Monetary Authority of Singapore, suggesting it manages proprietary or closely held capital rather than third-party institutional LP commitments.
Who runs investment decisions at Based Ventures?
The firm has not publicly named its investment principals. Based on public record, the entity is closely associated with founder-operator circles in Singapore and India, and investment decisions are made by a small, low-profile team. No named CEO, CIO, or managing partner is disclosed in the firm's official communications.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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