Basis Theory, Inc.
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Basis Theory, Inc. - overview
Established
2020
Location
Mill Valley, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2020 by its CEO Colin Luce, Brian Billingsley, and Ben Milne, Basis Theory, Inc. operates as a data encryption and data security platform. In October 2025, Basis Theory, Inc. raised USD 33 million in series B funding led by new investor Costanoa Ventures, with participation from other new investors Stage 2 Capital and Moneta Venture Capital.
Returning investors Bessemer Venture Partners, Kindred Ventures, BoxGroup, and Offline Ventures also participated in the round. Basis Theory provides a tokenization and encryption infrastructure that allows developers safely use and manage sensitive data. The company also provides a tokenization API (application programming interface) that allows developers to create safe and compliant applications for health records, credit cards, bank accounts, and consumer information. Basis Theory generates revenue through a membership plan that includes the developer plan for USD 0/month (1000 tokens/month), after 1000 tokens the company charge USD 0.
10/token/month. The company will use the October 2025 funding to enhance its data security platform, expand product capabilities, and grow its team to meet increasing compliance and privacy demands.
Current Investors
Offline Ventures, Bessemer Venture Partners, Ludlow Ventures
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Monitoring & Security Software
Website
www.basistheory.com
Verticals
Big Data, Cloud Computing, FinTech
Company Stage
Series B
Total Amount Raised
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