Basis Theory Raises $33M in Series B

Basis Theory has successfully raised $33M in a Series B at a $150M valuation led by Flex Capital, Panache Ventures.

Company Overview

Basis Theory is a FinTech company headquartered in Chicago, IL, founded in 2020 with 80+ employees.

Payments infrastructure and tokenization platform for secure data handling

Fundraising Details

Amount Raised: $33M
Round Type: Series B
Valuation: $150M
Date: 2025-10-16
Investors: Flex Capital, Panache Ventures

About Basis Theory

Payments infrastructure and tokenization platform for secure data handling The company is positioned in the FinTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Chicago, IL
Founded: 2020
Team Size: 80+
Industry: FinTech

What This Means

This funding round demonstrates strong investor confidence in Basis Theory's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FinTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Basis Theory's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $150M valuation marks an important milestone for Basis Theory, positioning the company among notable players in the FinTech industry.

Looking Ahead

With this new capital, Basis Theory is well-positioned to execute on its growth strategy and continue building innovative solutions in the FinTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-16. For more information about Basis Theory, visit their headquarters at Chicago, IL.