Tech Company Financing Transactions

Thought Machine Funding Round

On 3/3/2020, Thought Machine announced $83 million in Series B investment from Draper Esprit, Backed VC and IQ Capital Fund.

Transaction Overview

Company Name
Announced On
3/3/2020
Transaction Type
Venture Equity
Amount
$83,000,000
Round
Series B
Investors
Proceeds Purpose
The company plans to use to continue investing in its platform and growing its customer base.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Albert House 256-260 Old St.
London, EC1V 9DD
UK
Phone
Undisclosed
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 Our mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.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.
Profile
Thought Machine LinkedIn Company Profile
Social Media
Thought Machine Company Twitter Account
Company News
Thought Machine News
Facebook
Thought Machine on Facebook
YouTube
Thought Machine on YouTube

Management Team

Title
Name
Email & Social
Chairman
Richard Little
  Richard Little LinkedIn Profile  Richard Little Twitter Account  Richard Little News  Richard Little on Facebook
Chief Executive Officer
Paul Taylor
  Paul Taylor LinkedIn Profile  Paul Taylor Twitter Account  Paul Taylor News  Paul Taylor on Facebook
Chief Financial Officer
Chris Bujakowski
  Chris Bujakowski LinkedIn Profile  Chris Bujakowski Twitter Account  Chris Bujakowski News  Chris Bujakowski on Facebook
Chief Operating Officer
Gareth Richardson
  Gareth Richardson LinkedIn Profile  Gareth Richardson Twitter Account  Gareth Richardson News  Gareth Richardson on Facebook
Chief Technical Officer
William Montgomery
  William Montgomery LinkedIn Profile  William Montgomery Twitter Account  William Montgomery News  William Montgomery on Facebook
VP - Bus. Development
Travers Clarke-Walker
  Travers Clarke-Walker LinkedIn Profile  Travers Clarke-Walker Twitter Account  Travers Clarke-Walker News  Travers Clarke-Walker on Facebook
VP - General Counsel
Gemma Warrick
  Gemma Warrick LinkedIn Profile  Gemma Warrick Twitter Account  Gemma Warrick News  Gemma Warrick on Facebook
VP - Human Resources
Mark Warrick
  Mark Warrick LinkedIn Profile  Mark Warrick Twitter Account  Mark Warrick News  Mark Warrick on Facebook


 

 

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We do our best to report on tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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