Last updated 2026-07-26
- Raised $57M Series G led by Portage Ventures, Aug 2023
- Raised $31M Series F led by JVP, Apr 2021
- Raised $30M Series C led by JVP, Jun 2018
Total raised
$156.5M
Last: D Round 2023-09
Stage
Series D
Founded
2013
Headcount
260
HQ
Hod HaSharon, Israel
Sector
Cyber Security
About
ThetaRay is a fintech software and big data analytics company with headquarters in Hod HaSharon, Israel and New York, and offices in Madrid, London, Singapore, and Dubai. The company provides AI-powered SaaS and on-premises anti-money-laundering (AML) transaction monitoring and sanctions screening software for banks, fintechs, and government Financial Intelligence Units (FIUs). ThetaRay's platform, SONAR, uses patented mathematical algorithms and an advanced form of AI called "artificial intelligence intuition" to analyze data dynamically and detect anomalies indicating money laundering and other financial crimes. This approach helps financial institutions reduce false positives, improve compliance, and enhance customer experiences.
Funding history · 9 rounds · $156.5M total
2023-08
G Round
$57.0M
★ Portage VenturesJVPOurCrowdLIP VenturesR136 Ventures
2021-04
F Round
$31.0M
★ JVPOurCrowdSaints CapitalBank Hapoalim (IsraCard)Benhamou Global Ventures
2020-11
E Round
Undisclosed
★ La Maison Partners
2019-05
D Round
Undisclosed
★ ABN AMRO Digital Impact Fund
2018-06
C Round
$30.0M
★ JVP★ OurCrowd★ GE Ventures★ R136 Ventures★ La Maison Partners★ Silicon Valley Bank★ Bank Hapoalim (IsraCard)
2018-01
B Round
$8.0M
★ R136 Ventures
2015-11
A Round Extension
$17.0M
★ JVP★ GE Ventures★ Poalim Equity★ Strategic Airline
2014-06
A Round
$10.0M
★ JVP★ GE Ventures★ Poalim Equity
2013-07
Seed
$3.5M
★ JVP★ GE Ventures
Headcount over time
From 46 (2017-03) to 254 (2026-07) · +208 (+452%) · 67 points · source: Finder history + radar grounding
Q&A
- What was ThetaRay's most recent funding round?
- In September 2023, ThetaRay raised a $57 million Series D round. Investors included Portage and Germin8 Ventures.
- What is ThetaRay's primary business focus?
- ThetaRay is an Israeli fintech cybersecurity company that develops Cognitive AI solutions for financial crime detection and compliance operations, primarily offering anti-money-laundering (AML) transaction monitoring and sanctions screening software.
- How many employees does ThetaRay currently have?
- ThetaRay has 201-500 employees.
- Which company did ThetaRay acquire recently?
- In July 2024, ThetaRay acquired Screena to enhance its AI financial crime detection capabilities.
- What is the total amount of funding ThetaRay has raised to date?
- ThetaRay has raised a total of $220 million in funding.
- Which major banks and fintechs have adopted ThetaRay's AI technology for financial crime prevention?
- In recent years, Novatti Group, NOW Money, Divilo, ClearBank, and Noda have selected ThetaRay's AI solution to monitor global payments and open banking services for financial crime.
- When was ThetaRay founded?
- ThetaRay was founded in June 2013.
- Does ThetaRay hold any patents?
- Yes, ThetaRay holds a patent titled "ANOMALY DETECTION BY DYNAMICALLY EVOLVING DATA USING LOW RANK MATRIX DECOMPOSITION," granted in June 2013.
Team · 20
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityGRC & VulnerabilityFintech & InsurtechMoney Transfer & Management
Technologies
CommunicationsIOTPlatforms & InterfacesWebArtificial IntelligenceMachine Learning
Target customers
Financial ServicesFinancial InstitutionsBanksIndustrial Manufacturing
Business model
B2B
Highlights
1 Patents
Tags
risk-assesmentsrisk-managementfintechanti-money-launderingtransactionsmoney-transfer
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | thetaray.com |
|---|---|
| linkedin.com/company/3274952 | |
| X / Twitter | twitter.com/thetarayteam |
| facebook.com/thetaray | |
| YouTube | youtube.com/channel/UCnygTgxdaLM9mUcGUThTrxQ?view_as=subscri |
| Wikipedia | en.wikipedia.org/wiki/ThetaRay |
| Crunchbase | crunchbase.com/organization/thetaray |
| Wikidata | wikidata.org/wiki/Q28404455 |
Identifiers & details
| Legal name | ThetaRay |
|---|---|
| Founded | 2013-6 |
| Employees (exact) | 260 |
| Offices | New York; Dubai; Madrid; United Kingdom |
| Wikidata QID | Q28404455 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| 2024-07 |
Radar intelligence
Patents
| EPO | 12 |
|---|
Web history (Wayback)
| Domain | thetaray.com |
|---|
Wikidata
| QID | Q28404455 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514807965 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2012-08-06 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 2 — people (1), charge (1) |
| Registered address | הנגר 8 הוד השרון |
Recent registry events
| Date | Event |
|---|---|
| 2025-11-25 | עדכון דירקטורים-הסרת דירקטור |
| 2026-05-20 | עדכון שעבוד |