When was Theseus founded?

Theseus was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Theseus located?

Theseus is headquartered in San Francisco, United States.

Who is the current CEO of Theseus?

Carl Schoeller of Theseus. They have also founded 1 company.

How many employees does Theseus have?

As of Apr 30, 2026, the latest employee count at Theseus is 12.

Is Theseus a funded company?

Theseus is a funded company, having raised a total of $4.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2024.

When was the latest funding round of Theseus?

Theseus' latest funding was a $***** Seed round on Apr 17, 2025, with participation from 3 investors. Its primary sector is Security & Surveillance Technology. In United States, the Security & Surveillance Technology sector has seen $2.56B in funding in 2026 to date.

Where does Theseus rank among its competitors?

Theseus ranks 115th amongst 844 active competitors, of which 73 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Xona Space Systems, which secured $170M in Mar, 2026.

Who are the top competitors of Theseus?

Theseus' top competitors include TomTom, NavInfo and BeeLine. Among them, Xona Space Systems secured the most recent funding round in March, 2026.

Theseus - 2026 Company Profile, Team, Funding & Competitors

Company Details

GPS denied navigation for drones. It can be retrofit onto any drone that simulates a GPS. It uses cameras and an accelerometer or gyroscope as well as reference satellite imagery for positioning.

Key Metrics

Founded Year

2024

Location

San Francisco, United States

Stage

Seed

Total Funding

$4.8M in 2 rounds

Latest Funding Round

Seed, Apr 17, 2025, $*****

Investors

First Round Capital & 2 more

Ranked

115^th among 844 active competitors

Employee Count

12 as on Apr 30, 2026

Similar Companies

TomTom & 1085 more

View Theseus' full profile

Theseus has raised a total funding of $4.8M over 2 rounds. Its first funding round was on 2024. Its latest funding round was a Seed round on Apr 17, 2025 for $*****. 3 investors participated in its latest round. Theseus has 3 institutional investors.

Here is the list of recent funding rounds of Theseus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 17, 2025	9411128	Seed	1483500	4709982	2061526	5304984
2024	9056	Seed	8431	9359	3464	Y Combinator

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View details of Theseus's funding rounds and investors

The founders of Theseus are Ian Laffey, Sacha Levy and Carl Schoeller. Carl Schoeller is the CEO of Theseus.

Here are the details of Theseus' key team members:

Ian Laffey: Co-Founder of Theseus.
Contact Info: 1 email address
Sacha Levy: Co-Founder & Chief Technology Officer of Theseus.
Contact Info: 1 email address
Carl Schoeller: Co-Founder & CEO of Theseus.
Contact Info: 1 email address

View details of Theseus's Founder profiles and Board Members

Theseus' employee count trend

Theseus has 12 employees as of Apr 26. Here is Theseus's employee count trend over the years:

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Top competitors of Theseus include TomTom, NavInfo and BeeLine. Here is the list of Top 10 competitors of Theseus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TomTom 1991, Amsterdam (Netherlands), Public	Provider of maps, navigation software, traffic data, and location technology	-	Aimforthemoon, Artiman & 2 others	73/100
2nd	NavInfo 2002, Beijing (China), Public	Provider of navigation, high-definition maps, and intelligent driving system solutions	$185M	V Fund, Tencent & 2 others	67/100
3rd	BeeLine 2014, London (United Kingdom), Seed	Manufacturer of devices for vehicle tracking	$2.78M	True Global, London Co-Investment Fund & 28 others	66/100
4th	Xona Space Systems 2019, Burlingame (United States), Series C	Developer of positioning, navigation, and timing infrastructure for connected systems	$320M	Seraphim, Mohari Ventures Natural Capital ... & 34 others	66/100
5th	NextNav 2008, Sunnyvale (United States), Public	Provider of an indoor positioning solution for enterprises	$284M	New Enterprise Associates, Oak Investment Partners ... & 8 others	65/100
6th	Kinexon 2012, Munich (Germany), Series A	Provider of real-time location systems for industrial automation and operations	$130M	Thomas H Lee Partners, BMW i Ventures & 21 others	63/100
7th	What3words 2013, London (United Kingdom), Series C	Developer of a system assigning unique identifiers to small areas	$231M	Mercedes-Benz, Brand Capital International ... & 210 others	62/100
8th	Fixposition 2017, Schlieren (Switzerland), Seed	Provider of positioning services for multiple applications	$9.35M	True Ventures, Cultivation Capital & 11 others	59/100
9th	InfiniDome 2017, Caesarea (Israel), Series A	Manufacturer of anti jamming modules for global navigation satellite systems	$13M	Next Gear Ventures, aston-partners.com & 7 others	58/100
10th	Focal Point Positioning 2015, Cambridge (United Kingdom), Series C	Provider of AI-based software to increase the accuracy of GNSS in devices	$69.2M	Molten Ventures, Gresham House Ventures & 24 others	57/100
115th	Theseus 2024, San Francisco (United States), Seed	GPS denied navigation for drones	$4.8M	Lux Capital, First Round Capital & 1 others	36/100