Tech Company Financing Transactions
Thought Machine Funding Round
Thought Machine closed a $160 million Series D funding round on 5/18/2022. Investors included Temasek Holdings, Eurazeo and ING Ventures.
Transaction Overview
Company Name
Announced On
5/18/2022
Transaction Type
Venture Equity
Amount
$160,000,000
Round
Series D
Investors
Proceeds Purpose
We intend to become the leader in core banking technology, and are being deployed by the biggest, most successful banks around the world.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Albert House 256-260 Old St.
London, EC1V 9DD
UK
London, EC1V 9DD
UK
Phone
Undisclosed
Website
Email Address
Overview
Thought Machine is one of the UK's leading fintech companies and is undergoing a period of rapid expansion. Our mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.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.
Management Team
Title
Name
Email & Social
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