Thirdbase Capital

Overview

Thirdbase Capital is a global private markets investment firm that focuses on high-conviction investments in transformative technology companies at growth stages such as Series A and B. It invests through direct primary rounds and structured secondary transactions, partnering with founders and investors in sectors including fintech, SaaS, AI, software, logistics, and aerospace. The firm, operating via its venture arm 535West, has backed companies like Gecko Robotics, Jeeves, Palantir Technologies, and Pipe, with check sizes from $500K to $20M and a sweet spot around $10M.

History

Thirdbase Capital was founded in 2019 and is based in New York, New York. It is led by Abhinav Gupta and Nitya Singh, with a team experienced in investment and operations. The firm has made at least 16 investments, with its last recorded in May 2023, focusing on U.S.-based high-growth tech startups.

Notable Products

• Direct Primary Investments - Investments in primary funding rounds of private tech companies at growth stages.
• Structured Secondary Transactions - Tailored deals to acquire shares from early investors, founders, and shareholders.
• Venture Arm (535West) - Sector-agnostic investments in fintech, SaaS, and AI-driven businesses.

Reputation

Thirdbase Capital is viewed as a capable growth-stage investor by startup founders and co-investors like 8VC and Craft Ventures, due to its focus on revenue-proven companies and substantial check sizes. Professionals note its operational expertise in scaling tech firms. Limited public feedback exists given its private nature, with no major criticisms identified.