Thought Machine

Thought Machine

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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Its mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.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

Industries

Enterprise Software, Financial Services, FinTech, Banking, IT Infrastructure

Founded

2014

Employees

501-1000

Headquarters locations

Europe

Social

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.

Employees

imagePlace Andy Phillipps

Andy Phillipps

Non Executive Director

imagePlace Paul Taylor

Paul Taylor

Founder and CEO

imagePlace Richard Little

Richard Little

Non Executive Director

imagePlace Andy Macguire

Andy Macguire

Chairman Of The Board

imagePlace Chris Raynor

Chris Raynor

Back End Engineer

imagePlace Asif Faruque

Asif Faruque

Head of Communications

Funding Rounds

Funding rounds

6

Investors

8

Lead Investors

0

Total Funding Amount

$562.8M

Details

5

Thought Machine has raised a total of $562.8M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2018Early Stage Venture23.6M
2020Early Stage Venture125.0M
2021Late Stage Venture200.0M
2022Late Stage Venture160.0M

Investors

Thought Machine is funded by 55 investors.

Investor NameLead InvestorFunding RoundPartners
Christoffer Malmer-FUNDING ROUND - Christoffer Malmer160.0M
SEB (Skandinaviska Enskilda Banken)-FUNDING ROUND - SEB (Skandinaviska Enskilda Banken)160.0M
JP Morgan Chase-FUNDING ROUND - JP Morgan Chase160.0M
Thought Machine-FUNDING ROUND - Thought Machine160.0M

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