Thesis

San Mateo, United States Founded: 2010 • Age: 16 yrs
Thesis is engaged in building decentralized blockchain and bitcoin solutions.
Annual revenue - Latest available
Total funding $49.7M 3 rounds
Employees 267 Tracked headcount
Investors 17 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Thesis

Thesis is a company based in San Mateo (United States) founded in 2010 by Brian Mahoney and Corbin Pon. It operates as a Blockchain-as-a-Service and FinTech. Thesis has raised $49.7 million across 3 funding rounds from investors including Multicoin Capital, Polychain and ParaFi. The company has 267 employees as of December 31, 2021. Thesis has completed 1 acquisition, including Lolli. Thesis offers products and services including Bitcoin Cashback System, Decentralized Bitcoin Bridge, Community-Owned Web3 Wallet, and Privacy Layer for Public Chains.

  • Headquarter San Mateo, United States
  • Employees 267 as on 31 Dec, 2021
  • Founders Brian Mahoney, Corbin Pon
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Thesis, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $49.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $21 M (USD), Series A

    Apr 09, 2024

  • Investors
  • Employee Count
    267

    as on Dec 31, 2021

  • Investments & Acquisitions
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Products & Services of Thesis

Thesis offers a comprehensive portfolio of products and services, including Bitcoin Cashback System, Decentralized Bitcoin Bridge, Community-Owned Web3 Wallet, and Privacy Layer for Public Chains.

Product name locked
Category locked
Primary

A system to earn bitcoin on purchases made.

Product name locked
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A cost-effective bridge for decentralized Bitcoin transactions.

Product name locked
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A wallet owned by community for Web3 usage.

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A layer enhancing privacy on public blockchain networks.

People of Thesis

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Carolyn Reckhow
COO
People
Antonio Salazar Cardozo
CTO
People
Matt Luongo
CEO
People
Brian Mahoney
Vice President Of Business Development

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Funding Insights of Thesis

Thesis has successfully raised a total of $49.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $21 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Thesis

Thesis has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Multicoin Capital, Polychain and ParaFi.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Blockchain-focused investment funds and venture capital are provided.
Locked Locked Locked
Web3 venture capital firm partnering on blockchain projects.
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Investments are focused on crypto and tech companies by ParaFi.
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Investor details for Thesis

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Thesis

Thesis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lolli.

Investments
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Investment portfolio details for Thesis

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Browser extension for earning bitcoin or cash
Locked Locked 2018 Locked
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Complete acquisition details for Thesis

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Thesis

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Detailed financials for Thesis

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Thesis Comparisons

Thesis Primary company
Description
Thesis is engaged in building decentralized blockchain and b...
Location
San Mateo, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
267
As of 2021
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Peer comparison for Thesis

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  • Headcount comparison
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Competitors of Thesis

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Detailed competitors of Thesis

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  • Domains and locations
  • Full company profiles
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Latest news on Thesis

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Complete news archive for Thesis

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Thesis

Thesis was founded in 2010 and raised its 1st funding round 10 years after it was founded.

Thesis is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Matt Luongo is the current CEO of Thesis.

Thesis is a funded company, having raised a total of $49.7M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Thesis is 267.

Thesis is focused on creating decentralized systems and bitcoin-related technologies. The company operates in the blockchain sector, emphasizing privacy, sovereignty, and freedom. Solutions provided include a bitcoin cashback system, a decentralized Bitcoin bridge, a community-owned Web3 wallet, and a privacy layer for public chains. Efforts are directed towards shifting control from centralized institutions to individuals, fostering internal locus of control in culture, business, and finance.

Thesis offers Bitcoin Cashback System, Decentralized Bitcoin Bridge, Community-Owned Web3 Wallet, and Privacy Layer for Public Chains.

Thesis has made 1 acquisition, including Lolli.

Thesis has 17 investors. Key investors include Multicoin Capital, Polychain, ParaFi, Pantera Capital, and Hack VC.

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