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Basis Theory

Basis Theory

Private
Mill Valley, CaliforniaCybersecurityhttps://basistheory.com/

Last Round

Series B

Oct 14, 2025

Est. Valuation

$150M

Total Funding Raised

$53.3M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Basis Theory is a fintech company that provides a programmable, PCI-compliant vault and API platform for tokenizing, securing, and managing sensitive payment data.

Sector

Cybersecurity

Verticals

Tokenization, Data Protection, Cloud Security, Compliance, API Management

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Infrastructure

Keywords

tokenizationdata vaultPCI compliancePII protectiondata security platformproxy APIagentic paymentscompliance automationSOC 2 complianceHIPAA compliancedata de-scopingpayment infrastructuredata privacy vaultsecure data proxyAPI securityAI agent security

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Basis Theory Comps

Public and private peers based on sector, stage, and business model.

Basis Theory comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Basis Theory Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BOct 14, 2025
Series AApr 21, 2022
SeedJan 8, 2021

Key People

Founding team and executive leadership

Colin Luce

Co-Founder Chief Executive Officer

Founding Team

James Armstead

Chief Technology Officer

Executive Team

Basis Theory Investors

Notable investors and investment history

Basis Theory investors
InvestorRounds
Stage 2 CapitalSeries B
Kindred VenturesSeries B, Series A, Seed
Moneta VCSeries B
Offline VenturesSeries B, Series A, Seed
Ludlow VenturesSeries A
Moneta Venture CapitalSeries B
Moneta VCSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 14, 2025

    $33M round completed.

  • Aug 1, 2025

    Melio, Passes, and Roku disclosed as customers.

Basis Theory Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Basis Theory Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Basis Theory's valuation, stock price, and market status.

Firmographic Details

HeadquartersMill Valley, California
Employee Range51
Year Founded2020
Last FundingOct 14, 2025

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