# Thematic Capital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thematic-capital

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.gothematic.com
- Total disclosed funding: $2M
- Latest round: Seed (Mar 21, 2023)
- Investors on record: 2

## About

Based in California, US, and founded in 2021, Thematic Capital, Inc. operates as a software company. The company was founded by its CEO, Steven Carpenter, and Peter Hébert. In July 2025, StockTwits, a portfolio company of Alameda Research Ventures, Times Bridge, ff Venture Capital, Social Leverage Capital, Foundry Group, IA Ventures, True Ventures, and Betaworks Venture Management, acquired Thematic Capital, Inc. from AirAngels and Lux Capital. Thematic Capital provides a social investment platform, which is an investment infrastructure SaaS-enabled platform that manages indices and ETFs (exchange-traded funds) for asset managers, individuals, and teams. The company’s product line includes an index builder, which is a platform that creates and manages indices that are mainly used by financial institutions like investment banks. The firm also invests in various fintech companies like BlackRock, Plaid, Airbnb, Dropbox, and Brex. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include free, unlimited (USD 25,000 per year), and thematic ETFs.

## Funding rounds

- Seed, Mar 21, 2023, $2M — Lux Capital, AirAngels

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed
- AirAngels (https://capitalatlas.ai/funds/airangels) — Seed