When was Thought Machine founded?

Thought Machine was founded in 2014 and became a unicorn in 2021, reaching the milestone in 7 years. It raised its 1st funding round 3 years after its incorporation.

Where is Thought Machine located?

Thought Machine is headquartered in London, United Kingdom. It is registered at 9th Floor 25 Farringdon Street, London,.

Who is the current CEO of Thought Machine?

Paul Taylor of Thought Machine. They have also founded 1 company and are angel investors in 10 startups, including .

Which legal entities is Thought Machine associated with?

Thought Machine is associated with THOUGHT MACHINE GROUP LIMITED and 2 others.

How many employees does Thought Machine have?

As of Oct 31, 2026, the latest employee count at Thought Machine is 535.

Is Thought Machine a funded company?

Thought Machine is a funded company, having raised a total of $787M across 9 funding rounds to date. The company's 1st funding round was a $3.07M Series A round, raised on Dec 22, 2017.

How much is Thought Machine worth?

The latest valuation of Thought Machine is $2.7B as of May 18, 2022.

When was the latest funding round of Thought Machine?

Thought Machine's latest funding was a $41M Conventional Debt round on Jul 06, 2026, with participation from 0 investor.

What is the annual revenue of Thought Machine?

Annual revenue of Thought Machine is between £50M and £100M as on Dec 31, 2025

Is Thought Machine a Banking Tech company?

The primary sector of Thought Machine is Banking Tech.

Where does Thought Machine rank among its competitors?

Thought Machine ranks 1st amongst 348 active competitors, of which 42 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was 10x, which secured $53.8M in Aug, 2026.

Who are the top competitors of Thought Machine?

Thought Machine's top competitors include ION Group, Tuum and Pismo. Among them, 10x secured the most recent funding round in August, 2026.

Thought Machine - 2026 Company Profile, Team, Funding, Competitors & Financials

Thought Machine is a series D company based in London (United Kingdom), founded in 2014 by Paul Taylor. It operates as a Developer of cloud native core banking and integrated payments infrastructure. Thought Machine has raised $787M in funding from investors like Temasek, Eurazeo and Lloyds Banking Group, with a current valuation of $2.7B. The company has 348 active competitors, including 42 funded and 29 that have exited. Its top competitors include companies like ION Group, Tuum and Pismo.

Sectors and market segments that Thought Machine operate in

Thought Machine serves in the FinTech market segments.The primary business model of Thought Machine is:

FinTech > Banking Tech > ***** **** > ***** ******

Company Details

Developer of cloud native core banking and payment processing software. These systems enable financial institutions to manage accounts, loans, mortgages, and payment schemes through a microservices architecture. The platform utilizes an application programming interface to facilitate integration with external services and technologies. Product configuration is managed through a system of smart contracts, allowing for the creation and deployment of financial products. The infrastructure supports horizontal scaling and continuous deployment to maintain operational availability.

Website: www.thoughtmachine.net/
Social
Email ID: *****@thoughtmachine.net
Registered Address: 9th Floor 25 Farringdon Street, London,

Key Metrics

Founded Year

2014

Location

London, United Kingdom

Stage

Series D

Total Funding

$787M in 9 rounds

Latest Funding Round

Conventional Debt, Jul 06, 2026, $41M

Post Money Valuation

$2.7B as on May 18, 2022

Investors

Temasek & 37 more

Ranked

1^st among 348 active competitors

Annual Revenue

£50M - £100M as on Dec 31, 2025

Employee Count

535 as on Oct 31, 2026

Similar Companies

ION Group & 429 more

View Thought Machine's full profile

Thought Machine is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
THOUGHT MACHINE INC. CIN: 7848318 , United States, Active	Feb 11, 2020	-	363 (As on Dec 31, 2020)	-
BEING TECHNOLOGIES LTD CIN: 09457232 , Germany, Active	Feb 24, 2015	-	47 (As on Dec 31, 2016)
THOUGHT MACHINE GROUP LIMITED CIN: 11114277 , United Kingdom, Active	Dec 14, 2017	£50M - £100M (As on Dec 31, 2025)	-

Thought Machine has raised a total funding of $787M over 9 rounds. Its first funding round was on Dec 22, 2017. Thought Machine has 30 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Thought Machine:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 06, 2026	$41M	Conventional Debt	-	-	-	-
Jul 2025	$61.4M	Series D	-	-	-	-
Apr 07, 2022	$160M	Series D	$2.7B	64.3x	Temasek	Intesa Sanpaolo, Morgan Stanley, Eurazeo, JPMorganChase, Lloyds Banking Group, Skandinaviska Enskilda Banken, ING

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View details of Thought Machine's funding rounds and investors

The founders of Thought Machine is Paul Taylor. Paul Taylor is the CEO of Thought Machine.

Here are the details of Thought Machine's key team members:

Paul Taylor: Co-Founder & CEO of Thought Machine and founder of 1 other company. They are also an angel investor in 10 startups and serve on the board of 1 company.
Contact Info: 1 email address

Thought Machine's Board of Directors

Thought Machine's board has 9 active members. Paul Taylor, Vinoth Jayakumar and Hala Fadel are part of team and Hans Morris, Eyal Manor, Peter John Hayes, Hans Morris, Andrew Mitchell Maguire and Greta Krupetsky are independent board members.

Here is the list of Thought Machine's board of directors:

Name	Type	Representing	Status	Duration
Paul Taylor	Team	-	Current	8y 8m
Vinoth Jayakumar	Investor	-	Current	6y 3m
Hala Fadel	Investor	Eurazeo	Current	2y 11m
Andy Phillipps	Investor	IQ Capital	Past	4y 7m
Richard Little	Investor	IQ Capital	Past	5y 9m
Hans Morris	Independent board member	-	Current	5y 0m
Eyal Manor	Independent board member	-	Current	2y 8m
Peter John Hayes	Independent board member	-	Current	7y 5m
Hans Morris	Independent board member	-	Current	5y 0m
Andrew Mitchell Maguire	Independent board member	-	Current	5y 11m
Greta Krupetsky	Independent board member	-	Current	2y 10m
Zoe Fabian	Independent board member	-	Past	3y 1m

View details of Thought Machine's Founder profiles and Board Members

Thought Machine's employee count trend

Thought Machine has 535 employees as of Oct 26. Here is Thought Machine's employee count trend over the years:

Employee count trend for Thought Machine

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Top competitors of Thought Machine include ION Group, Tuum and Pismo. Here is the list of Top 10 competitors of Thought Machine, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thought Machine 2014, London (United Kingdom), Series D	Developer of cloud native core banking and integrated payments infrastructure	$787M	SEB, Draper Esprit & 36 others	73/100
2nd	ION Group 1998, London (United Kingdom), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, TA Associates & 3 others	66/100
3rd	Tuum 2019, Tallinn (Estonia), Series B	Provider of a cloud-native API-first core banking platform	$49.8M	BlackFin, Portage & 10 others	66/100
4th	Pismo 2016, Sao Paulo (Brazil), Acquired	Cloud-based banking solutions	$109M	Amazon, SoftBank Latin America Fund & 7 others	65/100
5th	Zeta 2015, San Francisco (United States), Series D	Provider of technology platforms and integrated services for financial institutions	$390M	Mastercard, SoftBank Vision Fund & 19 others	64/100
6th	10x 2016, London (United Kingdom), Series C	Developer of a cloud-native SaaS platform for core banking services	$403M	BlackRock, Oliver Wyman & 10 others	64/100
7th	Roinet Solution 2012, Gurugram (India), Seed	Developer of financial inclusion and digital finance and banking solutions to under-served communities	$2.2M	Southfield Group & 4 others	60/100
8th	Skaleet 2015, Boulogne billancourt (France), Series B	Cloud-agnostic core banking solution	$30.7M	Long Arc Capital, VeARC & 1 others	59/100
9th	Neem 2019, Karachi (Pakistan), Seed	Full-stack payment infrastructure powering how businesses in Pakistan accept, send, and manage money	$3.5M	Epic Angels, DNI & 12 others	58/100
10th	Craft Silicon 2000, Nairobi (Kenya), Seed	Provider of banking, microfinance, fund management, and merchant service solutions	-	Norfund	56/100