# ThetaRay

**Source:** https://www.startuphub.ai/startups/thetaray
**Profile type:** Startup

> AI-powered transaction monitoring for fintech and banks to enable trusted cross-border payments.

## About

ThetaRay provides SONAR, an AI-powered AML transaction monitoring solution designed for payment fintechs and banks. Their technology enables these institutions to expand business opportunities and grow revenues by facilitating trusted and reliable cross-border and domestic payments, while improving customer satisfaction.

## Key facts

- **Slug:** thetaray
- **Website:** http://www.thetaray.com
- **Location:** New York, United States
- **Founded:** 2012-08-01 00:00:00
- **Employees:** 257
- **Operating status:** Active
- **Total funding:** $148M
- **Sectors / tags:** Fintech, Cybersecurity, IoT, SCADA, Fraud, AML, Payments, Transaction Monitoring, AI-Driven Parametric Insurance, Embedded Finance, Cross-border Payments, Risk Management, Compliance
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/thetaray/
  - Twitter: https://x.com/ThetaRayTeam

## Frequently asked

### What does ThetaRay do?

ThetaRay provides SONAR, an AI-powered AML transaction monitoring solution designed for payment fintechs and banks. Their technology enables these institutions to expand business opportunities and grow revenues by facilitating trusted and reliable cross-border and domestic payments, while improving customer satisfaction.

### What is ThetaRay's revenue?

StartupHub estimates ThetaRay's annual revenue at $79.0M (range $62.7M to $91.2M, 63% confidence), based on comparable companies in the sector.

### What is ThetaRay's valuation?

StartupHub estimates ThetaRay's effective valuation at $600.4M (range $368.8M to $885.0M, 12% confidence), based on comparable companies in the sector.

### How much funding has ThetaRay raised?

ThetaRay has raised a total of $148M in funding. The most recent round on record is Series E.

### Where is ThetaRay headquartered?

ThetaRay is headquartered in New York, United States.

### When was ThetaRay founded?

ThetaRay was founded in 2012.

### What industry does ThetaRay operate in?

ThetaRay operates in Fintech, Cybersecurity, IoT, SCADA, Fraud, AML.

### How many employees does ThetaRay have?

ThetaRay has approximately 257 people on record.

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