Theta Lake Overview
- Year Founded
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2017
- Status
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Private
- Employees
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114
- Latest Deal Type
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2ndary - Private
- Investors
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12
Theta Lake General Information
Description
Developer of a compliance technology designed for present-day collaboration platforms. The company's technology uses automated detection and workflow to detect risks in what was said or shown in modern digital communications by giving insights, enabling business clients to add consistency, efficiency, and scale to the review, supervise the process, and reduce the cost of compliance.
Contact Information
Website
www.thetalake.comCorporate Office
- 233 East Canon Perdido Street
- 1st Floor
- Santa Barbara, CA 93101
- United States
Corporate Office
- 233 East Canon Perdido Street
- 1st Floor
- Santa Barbara, CA 93101
- United States
Theta Lake Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 21-May-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 23-Mar-2022 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 29-Jun-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 27-Oct-2020 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 03-Apr-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 16-Jan-2019 | $5M | $7.3M | Completed | Generating Revenue | |
| 1. Seed Round | $2.3M | $2.3M | Completed | Startup |
Theta Lake Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series B-1 | ||||||||
| Series A | ||||||||
| Seed 1 | 1,985,107 | $0.000010 | $0.06 | $1.05 | $1.05 | 1x | $1.05 | 5.73% |
| Seed | 3,839,375 | $0.000010 | $0.08 | $1.31 | $1.31 | 1x | $1.31 | 11.08% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Theta Lake Comparisons
Industry
Financing
Details
Theta Lake Competitors (23)
One of Theta Lake’s 23 competitors is MasterControl, a Venture Capital-Backed company based in Salt Lake City, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MasterControl | Venture Capital-Backed | Salt Lake City, UT | ||||
| Propel Software | Venture Capital-Backed | Redwood City, CA | ||||
| Ideagen | Private Equity-Backed | Nottinghamshire, United Kingdom | ||||
| ETQ | Formerly PE-Backed | Burlington, MA | ||||
| PageFreezer | Formerly Angel backed | Vancouver, Canada |
Theta Lake Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Theta Lake Patents
Theta Lake Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260228545-A1 | Privacy-preserving training data transformation for machine learning | Pending | 04-Feb-2025 | ||
| US-12634356-B2 | Systems and methods for analyzing content from virtual whiteboards | Active | 25-Apr-2023 | ||
| US-20260261588-A1 | Systems and methods for analyzing content from virtual whiteboards | Pending | 25-Apr-2023 | ||
| US-20240364759-A1 | Systems and methods for analyzing content from virtualwhiteboards | Active | 25-Apr-2023 | ||
| US-20240273438-A1 | Systems and methods for displaying, analyzing, and actioning aggregated data from heterogenous communications platforms | Pending | 09-Feb-2023 | H04L51/21 |
Theta Lake Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Theta Lake Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Battery Ventures | Growth/Expansion | Minority | ||
| Human Capital Development | Impact Investing | Minority | ||
| RingCentral | Corporation | Minority | ||
| Salesforce Ventures | Corporate Venture Capital | Minority | ||
| Zoom Communications | Corporation | Minority |
Theta Lake FAQs
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When was Theta Lake founded?
Theta Lake was founded in 2017.
-
Where is Theta Lake headquartered?
Theta Lake is headquartered in Santa Barbara, CA.
-
What is the size of Theta Lake?
Theta Lake has 114 total employees.
-
What industry is Theta Lake in?
Theta Lake’s primary industry is Business/Productivity Software.
-
Is Theta Lake a private or public company?
Theta Lake is a Private company.
-
What is Theta Lake’s current revenue?
The current revenue for Theta Lake is .
-
How much funding has Theta Lake raised over time?
Theta Lake has raised $71.5M.
-
Who are Theta Lake’s investors?
Battery Ventures, Human Capital Development, RingCentral, Salesforce Ventures, and Zoom Communications are 5 of 12 investors who have invested in Theta Lake.
-
Who are Theta Lake’s competitors?
MasterControl, Propel Software, Ideagen, ETQ, and PageFreezer are some of the 23 competitors of Theta Lake.
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