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Theta Lake

Theta Lake

Private
Santa Barbara, CaliforniaEnterprise Softwarehttps://thetalake.com/

Last Round

Series B

Mar 23, 2022

Total Funding Raised

$70M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Theta Lake is a software company that provides an AI-powered compliance and security platform for modern digital communication and collaboration tools.

Sector

Enterprise Software

Verticals

Compliance & Risk, RegTech, Enterprise Communication, Data Governance, Cloud Security

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

digital communications governancecompliance archivingRegTechcollaboration complianceAI complianceunified communications complianceUC complianceautomated supervisionvoice surveillancedigital surveillancecompliance automationdata retentionrisk detectioncompliance auditingeDiscoveryFreedom of Information ActFOIA

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Theta Lake Comparables

Compare Theta Lake with similar companies based on industry and business-model similarity.

Theta Lake comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Shield
84%
MirrorWeb
84%
Behavox
81%

Theta Lake Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMar 23, 2022
AcceleratorJun 29, 2021
Series AOct 27, 2020
SeedJan 15, 2019

Key People

Founding team and executive leadership

Rich Sutton

Co-Founder And CTO

Founding Team

Devin Redmond

Co-Founder CEO

Founding Team

Dan Nadir

Chief Product Officer

Executive Team

Theta Lake Investors

Notable investors and investment history

Theta Lake investors
InvestorRounds
Wells Fargo Startup AcceleratorAccelerator
Salesforce VenturesSeries B
WestWave CapitalSeed, Series A
Battery VenturesSeries B
Firebolt VenturesSeed, Series A
RingCentral VenturesSeries B
Cisco InvestmentsSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 1, 2026

    Received 5/5 stars and 100% 'Would Recommend' rating on Gartner Peer Insights.

  • May 1, 2026

    Six of the top 10 North American banks are now customers.

Recent news

Latest coverage and updates

  • partners_withAug 26, 2026

    Theta Lake, Inc. partnered with CrowdStrike Inc. on Aug 26th '26.

Theta Lake Filings

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Theta Lake filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Theta Lake's valuation, stock price, and market status.

Is Theta Lake a public or private company?

Theta Lake is a private company.

What is the current stock price of Theta Lake?

Theta Lake is a private company with no public stock price. No recent secondary market data is available.

How much is Theta Lake worth (valuation)?

Valuation information for Theta Lake is not publicly available.

Can I buy Theta Lake stock?

Theta Lake shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Theta Lake's last funding round?

Theta Lake's most recent funding round was Series B on March 23, 2022.

Who are the main investors in Theta Lake?

Key investors in Theta Lake include Battery Ventures, Neotribe Ventures, Lightspeed Venture Partners.

Will Theta Lake IPO soon?

No public IPO plans have been announced for Theta Lake.

How can I track Theta Lake secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Theta Lake's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSanta Barbara, California
Employee Range86
Year Founded2017
Last FundingMar 23, 2022

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