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Thought Machine

Thought Machine

Private

Last Round

Series E

Jul 8, 2026

Est. Valuation

$2.7B

Total Funding Raised

$758.08M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Thought Machine is a financial software company that provides a cloud-native core banking and payments platform for financial institutions.

Sector

FinTech

Verticals

Digital Banking, Digital Payments, Corporate Banking, Cloud Infrastructure

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Infrastructure

Keywords

core bankingcore banking platformcloud-native bankingcore banking systemdigital transformationbanking modernizationpayments processingAPI-first bankingcore banking replacementneobank infrastructurebanking SaaSautonomous bankingusage-based billingcore banking migration

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Thought Machine Comparables

Compare Thought Machine with similar companies based on industry and business-model similarity.

Thought Machine comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Mambu
87%
10x Banking
86%
Starling Bank
84%

Thought Machine Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series EJul 8, 2026
Convertible DebtMay 27, 2026
Series EJul 1, 2025
Series DMay 18, 2022
StrategicFeb 14, 2022
Series C
Nov 29, 2021

Key People

Founding team and executive leadership

William Montgomery

Chief Product Officer

Executive Team

Thought Machine Investors

Notable investors and investment history

Thought Machine investors
InvestorRounds
SEB Investment Management ABSeries D, Series C
Backed VCSeries C, Series A, Series B, Seed
Playfair CapitalSeries C, Series A, Seed, Series B
TemasekSeries D
SEB GroupSeries B, Series D, Series C
Air Street CapitalSeed
Standard CharteredSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 8, 2026

    Raised $41M in early funding.

  • May 27, 2026

    $11M raised in convertible debt financing.

Thought Machine Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Thought Machine Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Thought Machine's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon
Employee Range530
Year Founded2014
Last FundingJul 8, 2026

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