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Industrial·Seed

Basis

A smart electrical panel replacing the traditional switchboard, giving homeowners real-time energy monitoring, circuit-level control, and advanced safety protection via a companion app. Built in NZ, shipping globally.

Basis provides a game-changing smart panel and home energy management app. With its beautiful design, powerful insights and the world's most advanced electrical safety technologies, the Basis smart panel is redefining the home energy experience.

Why we invested

The residential switchboard hasn't meaningfully changed in a century — 55+ components, up to 10 hours to install, zero visibility into the home it powers. Basis has rebuilt it from the ground up: a prefabricated, software-defined panel that installs in under 90 minutes and turns every subcircuit into a data point. The immediate win is for electricians, but the bigger opportunity sits behind the meter — metering, load management, energy retailing, solar integration. The panel is the beachhead. The energy stack is the prize.

GD1 lead
Vignesh Kumar
Basis
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