Backing extraordinary people.

The best returns in venture come from recognizing capability before it's been proven. We look for founders who have already been in the arena, learned hard lessons, and are ready to go again before the market has caught up to how good they are.

1

We back anti-fragile founders at the earliest possible stage.

We don't need traction. We don't need a deck with 18 months of ARR. We want in before the round is obvious, when the founder is still deciding whether to build at all.

2

We look for founders who have to build.

The strongest founders are not merely chasing an attractive market. They have a specific relationship to the problem, the craft, or the customer that makes the company feel inevitable.

3

Capital is the smallest thing we offer.

At pre-seed, the right intro, the right framing, or the right hire can matter more than the check size. We work to be useful, not just present on a cap table.

Founder

Nathan Maton

Nathan Maton

Managing Director and Solo GP

Nathan is a three-time founder and investor with experience across Google, Khan Academy, IDEO, Omada Health, and the Bay Area startup ecosystem. Before Basal, he built a fintech company that reached eight figures in profit by year two. He has been investing since 2021 and focuses on pre-seed and seed founders whose judgment, persistence, and team-market fit are visible before the round is obvious.

Advisors

Ben Peters

Co-Founder, Bitso

Advisor on fintech, crypto, and company-building in emerging markets.

Ross Middleton

Co-Founder, Rhino.fi

Advisor on crypto infrastructure, product strategy, and scaling technical networks.

Practically