Who founded Balance Theory?

Balance Theory was founded by Nathan Necaise in 2021.

Who are Balance Theory's investors?

Balance Theory's investors include DataTribe, Maryland TEDCO, TEDCO.

How much funding has Balance Theory raised?

Balance Theory has disclosed $5.8M raised across 3 rounds.

Where is Balance Theory headquartered?

Balance Theory is headquartered in Columbia, US.

Balance Theory

Columbia, US · Founded 2021 · Delaware corporation · 3 known investors

Balance Theory offers a platform for managing enterprise cybersecurity investment decisions end-to-end, from detecting spending triggers through vendor evaluation, negotiation, and program rationalization. It targets security budget owners across industries such as manufacturing, technology, healthcare, energy, public sector, and financial services, helping them align cybersecurity spend with strategic objectives and improve coverage.

AI & Machine Learning Cybersecurity Enterprise Software

Founders & leadership

Balance Theory was founded in 2021 by Nathan Necaise.

Nathan NecaiseFounder

Lisa MathiasExecutive

Gregory BakerNamed on SEC filing

Board

Dan BurnsBoard director

John Funge inBoard MemberVenture Partner at DataTribe

Investors · 3

DataTribeFulton · $1M – $30M

Maryland TEDCOUpper Marlboro · $500K – $1.5M

TEDCOColumbia

Reported raises · per SEC filings

Form D private placements

$5.8M disclosed across 3 rounds · 2022–2025

▶$2.3MraisedJan 2026 · 5 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Dan BurnsDirector
Gregory BakerExecutive Officer, Director
John FungeDirector
Lisa MathiasExecutive Officer, Director

Offering amount: $2.3M
Amount sold: $2.3M
Minimum investment: $50K
First sale: Apr 2025
Incorporated: Corporation, Delaware, 2021
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$3MraisedDec 2022 · 2 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Lisa MathiasExecutive Officer, Director
John FungeDirector
Gregory BakerExecutive Officer, Director

Offering amount: $3M
Amount sold: $3M
Minimum investment: $500K
First sale: Nov 2022
Incorporated: Corporation, Delaware, 2021
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$500KraisedSep 2022 · 1 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Nathan NecaiseExecutive Officer, Director
Gregory BakerExecutive Officer, Director
Lisa MathiasExecutive Officer, Director

Offering amount: $500K
Amount sold: $500K
Minimum investment: $500K
First sale: Sep 2022
Incorporated: Corporation, Delaware, 2021
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Balance Theory do?: Balance Theory offers a platform for managing enterprise cybersecurity investment decisions end-to-end, from detecting spending triggers through vendor evaluation, negotiation, and program rationalization. It targets security budget owners across industries such as manufacturing, technology, healthcare, energy, public sector, and financial services, helping them align cybersecurity spend with strategic objectives and improve coverage.
Who founded Balance Theory?: Balance Theory was founded by Nathan Necaise in 2021.
Who are Balance Theory's investors?: Balance Theory's investors include DataTribe, Maryland TEDCO, TEDCO.
How much funding has Balance Theory raised?: Balance Theory has disclosed $5.8M raised across 3 rounds.
Where is Balance Theory headquartered?: Balance Theory is headquartered in Columbia, US.