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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 10%

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.

  • Jul 5, 2026

    Named to IDC's Top 100 Fintech companies list.

Recent news

Latest coverage and updates

  • recognized_asOct 13, 2026

    Thought Machine is positioned in the Emerging Solutions quadrant of CortixIQ’s 2026 Matrix alongside Mambu and 10x Banking.

  • launchesSep 29, 2026

    Thought Machine launches AI tool to accelerate legacy core banking migrations.

  • signs_new_clientAug 27, 2026

    Thought Machine signs Deutsche Bank AG as a new client in Germany on Aug 27th '26

  • signs_new_clientAug 24, 2026

    Thought Machine signs Pathward as a new client for Vault Core on Aug 21st '26

Thought Machine Filings

Explore SEC and related filing metadata, where available.

Thought Machine filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Thought Machine a public or private company?

Thought Machine is a private company.

What is the current stock price of Thought Machine?

Thought Machine is a private company, so its shares have no public market price. Caplight tracks Thought Machine's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Thought Machine worth (valuation)?

Thought Machine's valuation is estimated at $2.7B based on funding round data.

Can I buy Thought Machine stock?

Thought Machine shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Thought Machine's last funding round?

Thought Machine's most recent funding round was Series E on July 8, 2026.

Who are the main investors in Thought Machine?

Key investors in Thought Machine include Temasek, IQ Capital, Molten Ventures, Nyca Partners, Eurazeo Growth.

Will Thought Machine IPO soon?

No public IPO plans have been announced for Thought Machine.

How can I track Thought Machine secondary market activity?

Caplight tracks bids, offers, and trades in Thought Machine's shares on secondary markets.

Firmographic Details

HeadquartersLondon
Employee Range530
Year Founded2014
Last FundingJul 8, 2026

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