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Basis Theory is a developer-focused data security platform that specializes in protecting sensitive information at rest. The company offers flexible encryption, tokenization, and data delegation services, particularly for payments and agentic commerce. Its platform simplifies complex security tasks, allowing developers to implement security measures quickly through user-friendly APIs and SDKs. The suite of tools includes tokenization and encryption services that secure sensitive data, a low-code solution for easier implementation, and data routing to optimize payment flows. Basis Theory is designed to support PCI compliance and PII protection, ensuring organizations meet regulatory standards while maintaining data flexibility. The company primarily serves developers, engineering teams, and businesses, including payment processors and merchants, as well as entities involved in AI and agentic commerce.