# BaseLayer funding: rounds and investors

> BaseLayer has raised $82M across 4 rounds since 2023. Investors include Founder Collective, Picus Capital and Torch Capital. Every round with its source.

Source: https://millionrounds.com/company/baselayer (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *BaseLayer*

4 rounds we have observed, with the 9 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.

AI Cybersecurity Fintech IT Services

Raised 1 month ago

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Funding summary Updated 5 Nov 2026

**$82M** raised across 4 rounds since 2023, from 5 sources

**$6.5M** Seed **$20M** Seed **$20M** Series A **$35M** Series A

- **Latest round:** Series A, $35M Sept 2026
- **Led by:** M13
- **Step-up i:** 1.8×
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$6.5M** Seed

**$20M** Seed

**$20M** Series A

**$35M** Series A

- **First round:** Seed, $6.5M
- **Biggest round:** $35M
- **Usual gap between rounds:** 17 months

## The rounds

- **Sept 2026** Series A **$35M** *2 new* *6 returning* [M13](https://millionrounds.com/fund/m13) Lead [Founder Collective](https://millionrounds.com/fund/founder-collective) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Afore Capital](https://millionrounds.com/fund/afore-capital) [Torch Capital](https://millionrounds.com/fund/torch-capital) [Comma Capital](https://millionrounds.com/fund/comma-capital) [Matt Thompson of Socure](https://millionrounds.com/fund/matt-thompson-of-socure) [Socure's Matt Thompson](https://millionrounds.com/fund/socure-s-matt-thompson) Reported by Crunchbase News and 1 other
- **Aug 2026** Series A **$20M** *2 new* [M13](https://millionrounds.com/fund/m13) [Koro Capital](https://millionrounds.com/fund/koro-capital) Reported by AlleyWatch
- **Oct 2024** Seed **$20M** *2 new* *3 returning* [Founder Collective](https://millionrounds.com/fund/founder-collective) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Afore Capital](https://millionrounds.com/fund/afore-capital) [Torch Capital](https://millionrounds.com/fund/torch-capital) [Comma Capital](https://millionrounds.com/fund/comma-capital) Source recorded
- **May 2023** Seed **$6.5M** *3 new* [Founder Collective](https://millionrounds.com/fund/founder-collective) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Torch Capital](https://millionrounds.com/fund/torch-capital) Source recorded

## Founders and team

From BaseLayer's own website: 2 founders.

**Jonathan Awad** Co-Founder & CEO

**Timothy Hyde** Co-Founder & CTO

## 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.

**Seed** 2023 **Seed** 2024 **Series A** 2026 **Series A** 2026 [Founder Collective](https://millionrounds.com/fund/founder-collective) [Picus Capital](https://millionrounds.com/fund/picus-capital) [Torch Capital](https://millionrounds.com/fund/torch-capital) [M13](https://millionrounds.com/fund/m13) L [Afore Capital](https://millionrounds.com/fund/afore-capital) [Comma Capital](https://millionrounds.com/fund/comma-capital) [Koro Capital](https://millionrounds.com/fund/koro-capital) [Matt Thompson of Socure](https://millionrounds.com/fund/matt-thompson-of-socure) [Socure's Matt Thompson](https://millionrounds.com/fund/socure-s-matt-thompson)

## Everyone who backed them

[Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **3** rounds

[Picus Capital](https://millionrounds.com/fund/picus-capital) VC firm **3** rounds

[Torch Capital](https://millionrounds.com/fund/torch-capital) VC firm **3** rounds

[M13](https://millionrounds.com/fund/m13) VC firm **2** rounds, led 1

[Afore Capital](https://millionrounds.com/fund/afore-capital) VC firm **2** rounds

[Comma Capital](https://millionrounds.com/fund/comma-capital) VC firm **2** rounds

[Koro Capital](https://millionrounds.com/fund/koro-capital) VC firm **1** round

[Matt Thompson of Socure](https://millionrounds.com/fund/matt-thompson-of-socure) VC firm **1** round

[Socure's Matt Thompson](https://millionrounds.com/fund/socure-s-matt-thompson) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=baselayer).

## Quick answers about BaseLayer

### Who invested in BaseLayer?

BaseLayer's investors include Founder Collective, Picus Capital, Torch Capital, M13 and Afore Capital, and 4 more on record. M13 led its latest round.

### How much has BaseLayer raised?

BaseLayer has raised $82M across 4 rounds since 2023.

### When did BaseLayer last raise?

BaseLayer's most recent round was a Series A of $35M in Sept 2026, led by M13.

### What was BaseLayer's biggest round?

Its most recent round, $35M in Sept 2026, is also its largest on record.

### Who backed BaseLayer first?

BaseLayer's first round on record, in May 2023, was backed by Founder Collective, Picus Capital and Torch Capital.

### What stage is BaseLayer at?

BaseLayer's latest named round is a Series A, in Sept 2026.

### Where is BaseLayer based?

BaseLayer is based in the United States.

### Who led BaseLayer's rounds?

M13 led the Series A in 2026.

## Companies like BaseLayer

In the same sector, and raised in the last eighteen months.

[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)

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