Thought Machine Raises $160M In Series D Funding Round – Doubling Valuation To $2.7Bn And Accelerating Plans To Bring World’s Banks Onto Cloud Technology
Amount Raised
$160 Million
Round Type
Series D
LondonProfessional ServicesFinancial ServicesSoftwareDescription
Thought Machine, the cloud native banking technology company, today announces it has closed its series D funding round, led by Temasek, the global investment company headquartered in Singapore, with participation from Intesa Sanpaolo and Morgan Stanley. Existing investors following-on in this round include: Eurazeo, ING, JPMorgan Chase, Lloyds Banking Group, and SEB.
Quick answer
Thought Machine raised $160 Million in a Series D round, dated May 18, 2022. Thought Machine is based in London, England, United Kingdom.
- How much did Thought Machine raise?
- Thought Machine raised $160 Million in a Series D round on May 18, 2022.
- What does Thought Machine do?
- Thought Machine was founded in 2014 with a mission to enable banks to deploy modern systems and move away from the legacy IT platforms that plague the banking industry.
- Where is Thought Machine based and how big is it?
- Thought Machine is based in London, England, United Kingdom. Fundz records about 530 employees.
- Who are the decision-makers at Thought Machine?
- Fundz holds 2 contacts at Thought Machine, including the Chief Design Officer Sales. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Financial Services around the same time
Companies in the same sectors as Thought Machine that raised within 45 days of this round, from Fundz verified event records.
- Zing Data raised $2.4M (Seed) on June 29, 2022.
- Titan Casket raised $3.5M (Seed) on June 9, 2022.
- Token.io raised $40M (Funding Round) on May 12, 2022.
- Third Wave Coffee raised an undisclosed amount (Funding Round) on May 9, 2022.
- Morrow Sodali raised an undisclosed amount on April 26, 2022.
- Sfc Capital raised $6.5M on June 30, 2022.
Who to call at Thought Machine, and when
A new round usually means Thought Machine is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Thought Machine raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Thought Machine, from your own LinkedIn network
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Fundz sees it the moment Thought Machine raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Thought Machine raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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