United States · 
Who invested in Based?
Based's investors include Pantera Capital, Coinbase Ventures, Franklin Templeton, Wintermute Ventures and Karatage, and 1 more on record. Pantera Capital led its latest round.
2023202420252026
$3.5MSeed$12MSeries AUnited States · Series A startup
Who invested in Based
2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Raised 9 months ago
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Funding summaryUpdated 15 Nov 2026
$15Mraised across 2 rounds since 2022, from 2 sources
$3.5MSeed$12MSeries A
- Latest round
- Series A, $12MFeb 2026
- Led by
- Pantera Capital
- Step-upi
- 3.3×
- Investors
- 6 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $3.5M Aug 2022
- Biggest round
- $12M Series A · Feb 2026
- Between rounds
- 3.6 years from the last two
The rounds
- Feb 2026Series A$12M4 new
Reported by Ventureburn
- Aug 2022
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Based as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Based
How much has Based raised?
Based has raised $15M across 2 rounds since 2022.
When did Based last raise?
Based's most recent round was a Series A of $12M in Feb 2026, led by Pantera Capital.
What was Based's biggest round?
Its most recent round, $12M in Feb 2026, is also its largest on record.
Who backed Based first?
Based's first round on record, in Aug 2022, was backed by Franklin Templeton and Hannah Grey.
What stage is Based at?
Based's latest named round is a Series A, in Feb 2026.
Where is Based based?
Based is based in the United States.
Who led Based's rounds?
Pantera Capital led the Series A in 2026.
Companies like Based
In the same sector, and raised in the last eighteen months.
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