Our Manifesto
The best investment teams don't need AI to think for them — they need it to handle everything else.
basecase is operational software purpose-built for private markets, automating the repetitive workflows that slow your team down so they can focus on what actually matters.
Why "basecase"?
In finance, the base case is the scenario you trust. The most likely outcome. The foundation you build everything else on top of, before you stretch assumptions, before you model the upside, before you make the call.
Every analyst knows: if your base case is wrong, nothing above it matters.
We took that name because the entire industry made the opposite mistake.
Everyone else is solving the wrong problem.
The current generation of AI-for-finance startups made a bet: that the highest-value work — diligence, analysis, investment decisions — could be automated first. They built platforms that synthesize documents and generate summaries, asking investors to trust a black box with the work that defines their edge.
The trust bar for that is impossibly high. If the tool misses one footnote, one covenant, one nuance, it's your fault. So analysts double-check the AI's work, and the tool becomes slower than doing it by hand.
We believe the opposite. The massive, immediate opportunity isn't in replacing judgment. It's in eliminating the operational drudgery that surrounds it, where accuracy is verifiable, the trust bar is reachable, and every hour saved compounds across the portfolio.
Boring solutions that actually work.
We don't build another AI platform you have to learn. We build intelligence that lives inside the tool you already use. Analysts live in Excel, so that's where we are.
Our first product, Extract, is an Excel plugin. Drop a financial document into the sidebar. Your credit model populates. Every number traced back to its source. No context switching. No new interface. No faith required.
Extract is the beginning. The same operational pain exists across every corner of private markets: private equity, real assets, structured finance, fund of funds. Manual data entry, fragmented workflows, stale information. The pattern is universal.
We're building the infrastructure layer that connects data extraction to analysis to reporting, turning the most tedious parts of account management into something that just works. Reliably, repeatedly, at scale.
This is basecase.
Operational software for the teams that move private markets forward.