Basis Theory
Basis Theory provides a programmable payment data vault for fintechs and merchants, enabling them to customize their payment infrastructure. The company has raised $50M and employs 57 people.
The growth story
Basis Theory grew from 19 to 57 employees between 2022 and 2026, raising $50M along the way, most recently a Series B in October 2025.
About
Basis Theory sells a secure vault that lets fintechs and merchants build and manage their own payment systems. Its product is certified for PCI Level 1, SOC2 type 2, and ISO 27001 compliance, targeting both startups and established businesses that need flexible payment solutions.
The company raised $50M in a Series B round in October 2025, backed by investors including Bessemer Venture Partners and BoxGroup. With 57 employees, Basis Theory is scaling its operations to support its customizable payment infrastructure platform.
Founders and leadership
Engineering is Basis Theory's largest function, with 17 employees. The company has a median tenure of 2 years, indicating moderate employee retention.
The Basis Theory org chart
Colin Luce (Co-Founder & Chief Executive Officer) leads 17 mapped leaders with 4 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 17 (+42% YoY), Sales 9 (+13% YoY), Business Development 8 (+14% YoY), Accounting 6 (+200% YoY), Information Technology 6 (+100% YoY), Entrepreneurship 4 (0% YoY).
Talent flow
Basis Theory hires heavily from Twilio and Gorilla Logic, with 5 employees each. Alumni have moved to companies like Nathan Trust and Clari5, though in small numbers.
Most common previous employers of Basis Theory staff: Twilio (5), Gorilla Logic (5), VGS (3), Yodlee (3), IXOPAY (2), Sastrify (2). Former Basis Theory employees most often moved to Nathan Trust | B CorpTM (1), Clari5 - A Perfios Company (1), Chemistry (1), Jumpad Technologies (1), Spreedly (1), Hummingbirds (1).
Alumni worth knowing
Hiring now
Web traffic
Traffic mix: 36% direct, 41% search, 4% social, 1% paid.
What this company is made of
Most common skills at Basis Theory: Sales (22), Leadership (21), Customer Service (18), Microsoft Office (18), Business Development (17), SQL (16), Microsoft Excel (15), JavaScript (15).
Where the team actually sits
Basis Theory people are concentrated in California, United States (6), County Dublin, Ireland (5), Florida, United States (2), Dallas-Fort Worth Metroplex (2).
Search footprint
Basis Theory attracts about 5,760 organic search visits a month, traffic worth roughly $77K a month if bought through ads. It gained 1,816 ranking keywords and lost 715 in the last period.
What employees say
- Compensation
- 5.00 / 5
- Career opportunities
- 5.00 / 5
- Senior management
- 5.00 / 5
- Work-life balance
- 5.00 / 5
Frequently asked
Basis Theory has 57 employees as of September 2026.
Basis Theory has raised $50M in total, most recently a Series B round in October 2025.
Basis Theory was founded in 2020 by Colin Luce.
Colin Luce (Co-Founder & Chief Executive Officer) sits at the top of Basis Theory's reporting structure, with 4 direct reports.
The most common previous employers of current Basis Theory staff are Twilio (5 people), Gorilla Logic (5 people), VGS (3 people).
Former Basis Theory employees most often move to Nathan Trust | B CorpTM (1), Clari5 - A Perfios Company (1), Chemistry (1).
Basis Theory attracts about 5,760 organic search visits a month, worth roughly $77K a month in equivalent ad spend.
The most common skills among Basis Theory staff are Sales, Leadership, Customer Service, Microsoft Office, Business Development.
Basis Theory staff are concentrated in California, United States (6), County Dublin, Ireland (5), Florida, United States (2).
Basis Theory has about 17 people in Engineering, up 42% over the past year, as of September 2026.
Basis Theory has about 9 people in Sales, up 13% over the past year, as of September 2026.
Computed from 47 current and 25 former Basis Theory profiles, as of September 2026. Source: Crustdata.
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