When was Theorem founded?

Theorem was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Theorem located?

Theorem is headquartered in San Francisco, United States. It is registered at San Francisco, California.

How many employees does Theorem have?

As of Aug 31, 2026, the latest employee count at Theorem is 14.

Is Theorem a funded company?

Theorem is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 11, 2014.

How much is Theorem worth?

The last known valuation of Theorem was $***** as of Aug 11, 2014.

When was the latest funding round of Theorem?

Theorem's latest funding was a $***** Seed round on Aug 11, 2014, with participation from 1 investor. Its primary sector is Digital Lending. In United States, the Digital Lending sector has seen $5.11B in funding in 2026 to date.

Where does Theorem rank among its competitors?

Theorem ranks 83rd amongst 970 active competitors, of which 60 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was eCapital, which secured $388M in Oct, 2025.

Who are the top competitors of Theorem?

Theorem's top competitors include Lending Club, Upstart and Figure. Among them, eCapital secured the most recent funding round in October, 2025.

Theorem - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI-powered credit underwriting platform connecting originators, investors, and borrowers. The company builds institutional-grade underwriting infrastructure for consumer debt markets, offering a pioneering machine learning-powered program to sustainably expand origination volume. They provide tools to assess loan applications, approve previously declined applications, and offer new financing products. Their Securitization as a Service program packages loans into credit products for investors. The platform connects partners with capital and automated underwriting technology to grow their lending businesses. They offer a Loan Score, a machine-learning driven evaluation of loan default risk, trained on historical loan records. The company focuses on data management and insight to improve consumer credit market efficiency. They empower originating partners and lenders to unlock clarity by using machine learning to anticipate and manage risk in credit. This is a B2B SaaS platform.

Website: www.theoremlp.com/
Registered Address: San Francisco, California

Key Metrics

Founded Year

2014

Location

San Francisco, United States

Stage

Acquired

Total Funding

$120K in 1 round

Latest Funding Round

Seed, Aug 11, 2014, $*****

Last Known Valuation

$***** as on Aug 11, 2014

Investors

DCVC & 3 more

Ranked

83^rd among 970 active competitors

Employee Count

14 as on Aug 31, 2026

Similar Companies

Yubi & 2724 more

Exit Details

Acquired by Pagaya (Jul 30, 2024)

View Theorem's full profile

Theorem is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Theorem Partners LLC CIN: 20221250058 , United States, Active	Mar 07, 2022	-	-	-
THEOREM PARTNERS LLC CIN: 463800010 , United States, Active	Dec 26, 999	-	34 (As on Dec 31, 2024)	-

Theorem got acquired by Pagaya on Jul 30, 2024.

Click here to take a look at Theorem's acquisition in detail

Theorem has raised a total funding of $120K over 1 round. Its latest funding round was a Seed round on Aug 11, 2014 for $*****. 1 investor participated in its latest round. Theorem has 4 institutional investors.

Here is the list of recent funding rounds of Theorem:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 11, 2014	9549709	Seed	5563136	8080407	4387351	5577107

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View details of Theorem's funding rounds and investors

The founders of Theorem is Abeer Agrawal.

Here are the details of Theorem's key team members:

Abeer Agrawal: Co-Founder of Theorem and founder of 1 other company.

View details of Theorem's Founder profiles and Board Members

Theorem's employee count trend

Theorem has 14 employees as of Aug 26. Here is Theorem's employee count trend over the years:

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Top competitors of Theorem include Lending Club, Upstart and Figure. Here is the list of Top 10 competitors of Theorem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lending Club 2006, San Francisco (United States), Public	P2P marketplace for consumer and business loans	$219M	T. Rowe Price, Wellington & 46 others	83/100
2nd	Upstart 2012, Palo Alto (United States), Public	AI-enabled online marketplace offering diversified loans to consumers and businesses	$129M	First Round Capital, Collab Fund & 29 others	80/100
3rd	Figure 2018, San Francisco (United States), Public	Blockchain-based platform for consumer loans	$435M	Morgan Creek Capital Management, DCM Ventures ... & 53 others	74/100
4th	Lendio 2011, Lehi (United States), Series E	Online lending marketplace for business loans	$82M	Napier Park Global Capital, Mastercard & 20 others	69/100
5th	Liquidity 2018, New York City (United States), Series C	Provider of debt financing for growth stage technology business entities	$120M	Spark Capital, Apollo Funds & 7 others	69/100
6th	Biz2Credit 2007, New York City (United States), Series B	Online marketplace for business loans	$52M	WestBridge Capital, Nexus Venture Partners ... & 1 others	67/100
7th	eCapital 2006, Miami (United States), Acquired	Provider of asset-based, supply chain, and invoice financing solutions	$81.9M	Ares Management	66/100
8th	Hello Alice 2015, Houston (United States), Series C	Online networking platform for businesses to launch and grow	$43.4M	SVB, QED Investors & 21 others	65/100
9th	8fig 2020, Austin (United States), Acquired	Provider of funding solutions for e-commerce businesses	$196M	Koch Disruptive Technologies, Battery Ventures ... & 6 others	65/100
10th	Nav 2012, San Mateo (United States), Series C	Provider of cloud-based business credit and financial health management solutions for small business owners	$90.3M	Experian, Kickstart Seed Fund & 27 others	64/100
83rd	Theorem 2014, San Francisco (United States), Acquired	AI-powered credit underwriting platform connecting originators, investors, and borrowers	$120K	DCVC, Two Sigma Ventures & 2 others	34/100