Latka logo

Valuation

$2.7B

2025 Revenue

$75M

Customers

68

Funding

$150M

YOY

56.3%

Avg ACV

$1.1M

Team

530

Founded

2014

Thought Machine Revenue, Valuation & Funding (2025)

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 2025, Thought Machine's revenue reached $75M. The company previously reported $48M in 2024. Since its launch in 2014, Thought Machine has shown consistent revenue growth.

Thought Machine Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M2014201620182020202220242025$0$39.5M$48M$75MSource: GetLatka.com interview on Jul 6, 2026 with Thought Machine CEO Paul Taylor
YearMilestoneSource
2025Thought Machine Hit $75m revenue in December 2025Social Post
2024Thought Machine Hit $48m revenue in December 2024Social Post
2021Thought Machine Hit $39.5m revenue in April 2021
2014Launched 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.

Thought Machine Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$40M$0.4$80M$0.6$120M$0.8$160M$1$200M2014201520162017201820192020Source: GetLatka.com interview on Jul 6, 2026 with Thought Machine CEO Paul Taylor
YearRoundAmountValuation% SoldSource
2020Funding round$125M--
2018Funding round$25M--

Founder / CEO

Paul Taylor

CEO

Paul Taylor is listed as CEO at Thought Machine.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Thought Machine serves 68 customers.

Thought Machine Business Model

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Customers (2025)

68

it now works with 68 banks in total

Annual profit (2025)

positive

This rapid revenue growth also allowed the company to achieve positive free cash flow in the second half of 2025.

Thought Machine Employees & Team Size

Thought Machine employs approximately 530 people as of 2026, including 1 sales reps that carry a quota. It serves 68 customers that rely on its solutions.

Thought Machine Team GrowthReported headcount over time0125250375500625201420162018202020222024202500530530Source: GetLatka.com interview on Jul 6, 2026 with Thought Machine CEO Paul Taylor
YearMilestoneSource
2025Reached 530 employees (November 2025)
2024Reached 530 employees (December 2024)
2024Reached 534 employees (October 2024)
2023Reached 564 employees (December 2023)
2023Reached 564 employees (July 2023)
2022Reached 574 employees (December 2022)
2021Reached 475 employees (December 2021)
2021Reached 461 employees (April 2021)

Frequently Asked Questions about Thought Machine

What is Thought Machine's revenue?

Thought Machine generates $75M 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 across 2 rounds.

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.

Full Interview Transcripts

LinkedIn postJul 6, 2026

BREAKING

Thought Machine has surpassed a WHOPPING $100m in annual revenue! Thought Machine is a London-based cloud banking technology company that was founded in 2014 by Paul Taylor. Its mission is to enable banks to deploy modern systems and move away from legacy IT platforms. It’s just released its FY2025 results: 📊 £75m annual revenue (vs £48m last year) 📊 £42m operating loss (vs £69m last year) Revenue has grown 57% year over year as a result of signing more Tier 1 banks - it now works with 68 banks in total! This rapid revenue growth also allowed the company to achieve positive free cash flow in the second half of 2025. Thought Machine is a fantastic UK company that had a couple of tough years after the 2021/22 bubble burst. Now it is firing on all cylinders and it is GREAT to see 👏

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.

Claim this profile