Thought Machine
Valuation
$2.7B
2024 Revenue
$70.6M
Funding
$150M
YOY
25.4%
Team
530
Founded
2014
How Thought Machine CEO Paul Taylor grew to $70.6M revenue with a 530 person team in 2024.
Developer of a cloud-based core banking platform intended to bring machine learning and big data together to develop a next-generation operating system for banks. The company's cloud-based technology platform provides Vault OS that run in the cloud providing a secure, fast, reliable end to end banking systems, capable of managing users, accounts, savings, loans, mortgages, sophisticated financial products and can configure any type of loan or deposit account, thereby providing banking institutions with a software as a service platform to scale from one customer to tens of millions without having to incur any hard costs.
Last updated
Thought Machine Revenue
In 2024, Thought Machine's revenue reached $70.6M. The company previously reported $56.3M in 2023. Since its launch in 2014, Thought Machine has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Thought Machine Hit $70.6m revenue in October 2024 | |
| 2023 | Thought Machine Hit $56.3m revenue in December 2023 | |
| 2021 | Thought Machine Hit $39.5m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
Thought Machine Valuation, Funding Rounds
Thought Machine's most recent disclosed valuation is $2.7B.
Thought Machine has raised $150M in total funding across 2 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2020 | Funding round | $125M | - | - | |
| 2018 | Funding round | $25M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Thought Machine yet.
Thought Machine Employees & Team Size
Thought Machine employs approximately 530 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2025 | Reached 530 employees (November 2025) |
| 2024 | Reached 530 employees (December 2024) |
| 2024 | Reached 534 employees (October 2024) |
| 2023 | Reached 564 employees (December 2023) |
| 2023 | Reached 564 employees (July 2023) |
| 2022 | Reached 574 employees (December 2022) |
| 2021 | Reached 475 employees (December 2021) |
| 2021 | Reached 461 employees (April 2021) |
Frequently Asked Questions about Thought Machine
What is Thought Machine's revenue?
Thought Machine generates $70.6M in revenue.
Who founded Thought Machine?
Thought Machine was founded by Paul Taylor.
Who is the CEO of Thought Machine?
The CEO of Thought Machine is Paul Taylor.
How much funding does Thought Machine have?
Thought Machine raised $150M.
How many employees does Thought Machine have?
Thought Machine has 530 employees.
Where is Thought Machine headquarters?
Thought Machine is headquartered in London, England, United Kingdom.
Compare Thought Machine to the industry
Thought Machine operates across multiple industries. Browse revenue, funding, and growth data for Thought Machine in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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