Base Case Management, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- HTTPS://BASECASE.VC/
- HQ
- CA
Base Case Management is a venture firm that invests at inception, when a company is only a person with an ardent mission and a burning desire to build. The firm is run by Alana Goyal as a one-person venture firm.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Pre-seed, Seed | Not enough dated deals |
| Sectors | Not stated | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Base Case Capital III L.P. Base Case is a venture firm that invests at inception, often as the first check and always the first institutional round, in pre-product, pre-traction, and pre-idea founders. It leads rounds, concentrates heavily, and backs solo founders, former founders, and underdogs building bold ideas. Inferred from the firm's website | approx. 2025 | $100M (Form D) | Raising |
| Base Case Capital II L.P. Base Case is a venture firm that invests at inception, often as the first check and always the first institutional round, in pre-product, pre-traction, and pre-idea founders. It leads rounds, concentrates heavily, and backs solo founders, former founders, and underdogs building bold ideas. Inferred from the firm's website | approx. 2023 | $50M (Form D) | Open, writing first checks |
| Base Case Capital Venture Fund I, L.P. Base Case is a venture firm that invests at inception, often as the first check and always the first institutional round, in pre-product, pre-traction, and pre-idea founders. It leads rounds, concentrates heavily, and backs solo founders, former founders, and underdogs building bold ideas. Inferred from the firm's website | 2022 | $21.27M (Form D) | Late investment period |
| Base Case Capital I L.P. | 2021 | $20.25M (Form D) | Follow-ons only |
03 · People across funds
- Alana Anderson, Managing Member of the General Partner
Base Case Capital I L.P. (Named on Form D)
- Alana Goyal
Base Case Capital III L.P. (Named on Form D); Base Case Capital II L.P. (Named on Form D); Base Case Capital Venture Fund I, L.P. (Named on Form D); Base Case Capital I L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026