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Thought Machine 🇬🇧 Hiring · 38 open roles ↗

Series E

Cloud-native core banking platform using microservices and an API-based architecture.

About Thought Machine

The main product is a core banking platform designed to be cloud-native, utilizing microservices and an API-based architecture, which allows for easy configuration to meet the specific needs of various banks. This technology aims to replace legacy systems and improve banking operations through modern software practices.

Thought Machine is a UK-based company founded in 2014, now around 522 people. It has raised $582.3M in disclosed funding, starting with a Series A in 2018. FundFinder classes it as Fintech.

Founder: Paul Taylor (CEO and Co-founder; previously Google, Phonetic Arts; University of Edinburgh).

Company facts from Harmonic and public filings; team backgrounds from public profiles. Refreshed weekly.

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Hiring now · 38 live roles, checked daily

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Series E · May 2026

  • BACKED VC — BACKED is the human-centric venture capital fund. · cheques £250k – £3M
  • Molten Ventures — Molten Ventures is a venture capital firm that develops and invests in disruptive technology companies at Series A and beyond. · cheques £5M – £25M

Funding history

2016Seed
2018Series A · $23.5M
Mar 2020Series B · $125M
Nov 2021Series C · $200M
May 2022Series D · $160M
May 2026Series E · £30MBACKED VC, Molten Ventures

● rounds tracked in this directory · ○ earlier rounds web-verified from public announcements. Amounts as announced; undisclosed rounds omitted.

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