Draft:Basis Theory
Submission declined on 14 November 2025 by WeirdNAnnoyed (talk).
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| Submission declined on 24 August 2025 by Caleb Stanford (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are: Declined by Caleb Stanford 3 months ago.
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Comment: Agreed with other user, this company does not appear notable based on the cited sources, which are either interviews with its personnel (not independent), routine announcements (not significant), or database listings. The article also reads as vaguely AI-ish to me, with its extremely short sections. WeirdNAnnoyed (talk) 12:01, 14 November 2025 (UTC)
- Comment: I am not seeing evidence of WP:NCORP. Sources are a combination of primary and passing mentions. Caleb Stanford (talk) 16:09, 24 August 2025 (UTC)
- Comment: In accordance with the Wikimedia Foundation's Terms of Use, I disclose that I have been paid by my employer for my contributions to this article. ResponsiblyCurious (talk) 20:37, 22 August 2025 (UTC)
 | The topic of this draft may not meet Wikipedia's general notability guideline. (November 2025) |
| Company type | Private |
|---|---|
| Industry | Financial technology |
| Founded | 2020 |
| Founders | Colin Luce; Brian Billingsley |
| Headquarters | Mill Valley, California , United States |
| Website | basistheory |
Basis Theory, Inc. is an American financial technology company that provides developer tools for tokenizing and storing sensitive data such as payment card and bank information. The platform is described as a programmable token vault used by merchants and financial technology firms to handle regulated data and reduce PCI DSS scope.[1][2]
History
[edit]Basis Theory was founded in 2020 by Colin Luce and Brian Billingsley.[3][4] Luce serves as chief executive officer and has discussed the company’s origins and use cases in media interviews.[5]
In April 2022, Basis Theory emerged from beta and announced US$17 million in funding from investors including Bessemer Venture Partners, Kindred Ventures, Conversion Capital, Offline Ventures, Ludlow Ventures, BoxGroup, and Good Friends.[1]
In October 2025, Basis Theory raised US$33 million in Series B funding, led by Costanoa Ventures with participation from Stage 2 Capital and Moneta VC, and continued support from existing investors.[6][7][8][9] The company said the funding will support its work on "agentic commerce" and expansion of enterprise payment infrastructure. According to the company, the round brought its total funding to more than US$50 million.[10]
Products and technology
[edit]Basis Theory provides APIs and client-side components for capturing, tokenizing, and using high-risk data without exposing raw values to a customer’s systems.[2] According to the company, its environment has been validated for PCI DSS Level 1 and it maintains SOC 2 Type II and ISO/IEC 27001 certifications, and supports HIPAA-compliant workloads.[11]
Operations
[edit]Basis Theory is headquartered in Mill Valley, California, United States.[12]
Recognition
[edit]In 2022, Basis Theory was named one of the Forbes Cloud 100 Rising Stars, an annual list compiled with Bessemer Venture Partners and Salesforce Ventures.[13] The company has also been profiled by Business Insider among promising fintech startups.[14]
In 2025, The Information included Basis Theory in its ‘50 Most Promising Startups’ list.[15]
See also
[edit]References
[edit]- ^ a b Lawler, Ryan (April 21, 2022). "Exclusive: Basis Theory launches with $17M to tokenize sensitive data". Axios Pro. Retrieved August 22, 2025.
- ^ a b "FinovateSpring 2022 – Basis Theory". Finovate. Retrieved August 22, 2025.
- ^ "PublicSquare DEF 14A (biography of Brian Billingsley)". U.S. Securities and Exchange Commission. May 3, 2024. Retrieved August 22, 2025.
In December 2020, Mr. Billingsley co-founded Basis Theory...
- ^ "PublicSquare Taps Klarna Vet Billingsley to Promote 'Uncancellable' Payments". PYMNTS. March 18, 2024. Retrieved August 25, 2025.
Billingsley brings with him more than 15 years of experience in the payments, eCommerce and consumer credit space. He is also the co-founder of Basis Theory...
- ^ "Colin Luce, Co-Founder & CEO of Basis Theory, joins NYSE Floor Talk". NYSE Floor Talk. Retrieved August 22, 2025.
- ^ Kishore, Yash; Maqubela, Kanyi (October 14, 2025). "Basis Theory: Agentic Commerce and the Future of Merchant Payments". Kindred Ventures. Retrieved October 23, 2025.
- ^ "Basis Theory raises $33 million to build AI-driven payments for commerce". Digital Commerce 360. October 16, 2025. Retrieved October 23, 2025.
- ^ "Basis Theory raises $33M to support agentic e-commerce plans". Payments Dive. October 2025. Retrieved October 23, 2025.
- ^ "Basis Theory Raises $33M to Power Agentic Commerce and the Next Era of Merchant Payments" (Press release). PR Newswire. October 14, 2025. Retrieved October 23, 2025.
- ^ "What Our Series B Means for Payments and Agentic Commerce". Basis Theory Blog. October 14, 2025. Retrieved October 23, 2025.
- ^ "Security & Privacy". Basis Theory. Retrieved August 22, 2025.
- ^ "Basis Theory Inc – Company Profile". Bloomberg. Retrieved August 22, 2025.
- ^ Srivastava, Rashi (August 9, 2022). "Cloud 100 Rising Stars 2022: Meet The Newest Cohort Of Cloud Innovators". Forbes. Retrieved August 22, 2025.
- ^ "Red-Hot fintech startups disrupting trading, banking, and investing". Business Insider. January 10, 2023. Retrieved August 22, 2025.
Basis Theory provides a way for companies to tokenize and better protect customers' financial data.
- ^ "The Information's 50 Most Promising Startups 2025". The Information. October 2025. Retrieved November 6, 2025.
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