Industry Classification

Theia Insights Industry Classification (TIIC) shows the full picture of what companies do, beyond just revenue. Covering global markets with 13+ years of history, TIIC offers a dynamic taxonomy and a detailed breakdown of ‘who does what by how much’, revealing business activities a single label misses.

50,000+ public companies

One-to-many mapping

Self-learning taxonomy

Coverage

TIIC Taxonomy & Coverage

10

Sectors

23

Industries

80

Sub-industries

245

Major themes

3,200+

Micro themes

50,000+

Public companies

Global coverage across all market capitalisations and regions. 13+ years of historical data, with monthly updates on company exposures and quarterly updates on taxonomy micro themes. Powering indices of leading index providers, used by leading banks, asset managers and hedge funds worldwide.

33,000+

Private companies · Coverage growing & on demand

Private companies classified with the same five-tier taxonomy across their business activities: products and services, CapEx/R&D, target markets, partnerships. Coverage is never a ceiling: we are actively expanding the universe, and new companies can be classified on demand.

Private Markets Classification

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TIIC Documentation

Companies often operate across multiple industries and themes, requiring precise mapping of their true business activities. See our documentation below.

TIIC One-Pager
TIIC Data Integration Guide
TIIC Methodology Document
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Classification in Action

TIIC quantifies business activities (products and services, R&D and CapEx, target markets and use cases, partnerships and acquisitions) across five tiers of taxonomy, from 10 sectors down to 3,200+ micro themes. The examples below show a sample of each company's top Level 4 and 5 themes (data as of June 2026).

Uber

Level 4 major theme exposure

Taxis & Ride-Hailing
24%
Freight & Cargo Logistics
16%
Distribution & Delivery Management
15%
Mobile Applications
15%
E-Commerce Marketplaces & Services
10%
Artificial Intelligence
8%
Electric Vehicles
4%
Data Analytics
2%
…

Level 5 micro themes

  • Ride-Hailing & Sharing
  • Restaurant Delivery Platforms
  • Online Food & Grocery Ordering Platforms
  • Last-Mile Delivery Services
  • Freight Transport Services
  • Courier & Express Delivery Services
  • Cargo Logistics
  • Logistics Operations & Services
  • Carriers
  • Freight Brokerage Services
  • …

Thales

Level 4 major theme exposure

Aerospace
30%
Cybersecurity
22%
Defense Technology & Products
22%
Aerospace & Science Satellites
6%
Artificial Intelligence
5%
Cloud Computing
4%
Space Exploration
3%
Quantum Technology
2%
Telecommunications Satellites
2%
…

Level 5 micro themes

  • Defense Communication Systems
  • Aerospace Defense Technology
  • Avionics
  • Cybersecurity Consulting
  • Missile Defense Systems
  • Space Systems
  • AI in Cybersecurity
  • Military Engineering
  • Air Defense Technology
  • Cloud Security
  • Active Protection Systems
  • C4ISR
  • …

Use cases

Thematic Screening

Thematic Screening

Screen companies by what they actually do at any level from sectors to micro themes. Screen by positive, negative, or multi-theme filters, each company qualifying on exposure rather than keywords.
Portfolio Exposures

Portfolio Exposures

See hidden industry thematic exposures of a portfolio or fund. Construct and rebalance thematic or multi-thematic portfolios weighted by exposure.
Peer Analysis

Peer Analysis

Find a company's true peers by its holistic business activities rather than a single label. Construct a comps set across public and private markets.
Theme Trends

Theme Trends

Track how exposures move over 13+ years of history, watch a theme build across the market, and catch themes the moment they emerge.

Getting started with Theia Insights is easy

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TIIC serves as the foundation for next-generation investment intelligence, enabling precise mapping of complex business relationships in an evolving market landscape.