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Overview
Thought Machine is a Fintech company that builds cloud-native technology to revolutionize core banking.
Its mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure. Nearly every bank is stuck on a legacy IT platform, which cripples their ability to innovate and give their customers the type of service they deserve.
The company provides a solution to this is Vault: a complete retail banking platform that is capable of being configured easily to suit the needs of any bank. They have built Vault from the ground up as a cloud-native, microservice API architecture platform. Thought Machine has a deep culture of engineering excellence, and they believe it is this which delivers a solution compelling enough to engender a seismic shift in the banking industry.
About
Enterprise Software, Financial Services, FinTech, Banking, IT Infrastructure
2014
501-1000
Headquarters locations
Europe
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N/A
Profile Resume
Thought Machine headquartered in Europe, operates in the Enterprise Software, Financial Services, FinTech, Banking, IT Infrastructure sector. The company focuses on Enterprise Software and has secured $67.5B in funding across 120 round(s). With a team of 501-1000 employees, Thought Machine is actively contributing to advancements in Enterprise Software. Their latest funding round, Series D - Thought Machine, raised $160.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
6
8
0
$562.8M
Details
5
Thought Machine has raised a total of $562.8M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Early Stage Venture | 23.6M | ||
2020 | Early Stage Venture | 125.0M | ||
2021 | Late Stage Venture | 200.0M | ||
2022 | Late Stage Venture | 160.0M |
Investors
Thought Machine is funded by 55 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Christoffer Malmer | - | FUNDING ROUND - Christoffer Malmer | 160.0M |
SEB (Skandinaviska Enskilda Banken) | - | FUNDING ROUND - SEB (Skandinaviska Enskilda Banken) | 160.0M |
JP Morgan Chase | - | FUNDING ROUND - JP Morgan Chase | 160.0M |
Thought Machine | - | FUNDING ROUND - Thought Machine | 160.0M |
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