Base Case Capital

Syndicate · San Francisco, CA

SEC-registered adviser

Investment syndicate based in San Francisco, CA. Most recent fund on file: Base Case Capital III L.P. ($100M offering), filed Aug 2025. 2 deal vehicles (SPVs) filed with the SEC since May 2025.

“basecase is a venture firm managed by alana goyal.” (from the firm’s website)

Stages: Pre-seed, Seed
Typical check (est.): $500K–$1M
Latest fund: $100M · Aug 2025
Last verified activity: Aug 2025

Focus

Sector focus not yet verified

Funds and vehicles on SEC file

MA-0717 Fund I, a series of Base Case Capital Venture Funds, LP
Deal vehicle · $1.01M offering
Aug 2025
Base Case Capital III L.P.
Fund · $100M offering
Aug 2025
BR-0409 Fund I, a series of Base Case Capital Venture Funds, LP
Deal vehicle · $510K offering
May 2025
Base Case Capital II L.P.
Fund · $50M offering
Oct 2023

Sources

SEC Form D: MA-0717 Fund I, a series of Base Case Capital Venture Funds, LPAug 20, 2025
SEC Form D: Base Case Capital III L.P.Aug 14, 2025
SEC Form D: BR-0409 Fund I, a series of Base Case Capital Venture Funds, LPMay 15, 2025
SEC Form D: Base Case Capital II L.P.Oct 20, 2023
SEC adviser record: Base Case Management, LLCMar 31, 2026
Firm websiteOct 12, 2026

Profile last verified Oct 12, 2026. Is this you? Correct or remove this profile.