Baseline Ventures

Venture Capital

Seed-stage venture firm founded by Steve Anderson, known for early investments in Instagram, Heroku, and Stitch Fix.

Profile

Founded
2006
Headquarters
San Francisco, US
Investments
10
Companies
5

Capital

Total Deployed
$106M
Lead Rounds
1

Portfolio

5 companies
Machine Zone $263M
Acquired Palo Alto, US

Mobile gaming company best known for Game of War: Fire Age, Mobile Strike, and Final Fantasy XV: A New Empire, which collectively generated over $5 billion in revenue. Originally founded as Addmired and a Y Combinator W08 graduate, the company pioneered real-time massively multiplayer mobile gaming.

PagerDuty $174M
Public San Francisco, US

Cloud-based incident management and digital operations platform that helps IT teams detect, triage, and resolve infrastructure and application issues in real time through intelligent alerting, on-call scheduling, and automated response orchestration.

Weebly $40M
Acquired San Francisco, US

Weebly is a website creation platform that provides drag-and-drop tools, customizable templates, e-commerce features, and hosting, enabling anyone to build a professional website, online store, or blog without coding knowledge. Founded in 2006 by three Penn State University students, Weebly pioneered the drag-and-drop website builder space during Y Combinator's W07 batch. The platform grew to power over 50 million websites globally with more than 625,000 paid subscribers across 175+ countries. Acquired by Square (now Block, Inc.) in 2018 for $365 million.

OMGPop $17M
Acquired New York, United States

Social gaming company best known for Draw Something, a viral mobile drawing game that reached 50M downloads in 50 days and was downloaded over 200M times. Originally launched as iminlikewithyou in 2006, combining social networking with Flash-based browser games. Produced 37 games on a real-time multiplayer platform. Acquired by Zynga for $180M ($210M with earnout) in March 2012, then shut down in June 2013.

Heroku $13M
Acquired San Francisco, US

Cloud platform as a service (PaaS) that enables developers to build, run, and manage applications entirely in the cloud. One of the first PaaS platforms, originally focused on Ruby on Rails applications. Pioneered the developer-first cloud deployment model.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.