Theorem

San Francisco, United States Founded: 2014 • Age: 12 yrs Acquired By Pagaya
Credit underwriting technology is developed and provided by Theorem.
Annual revenue - Latest available
Total funding $120,000 1 rounds
Employees 7 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Theorem

Theorem is a company based in San Francisco (United States) founded in 2014 was acquired by Pagaya in July 2024. It operates as a AI-as-a-Service and FinTech. Theorem has raised $120 thousand across 1 funding round from investors including Pagaya and Y Combinator. The company has 7 employees as of December 31, 2022. Theorem offers products and services including Custom Loan Integration Program (CLIP), Theorem Securitization as a Service (SaaS), and Theorem Loan Score (TLS). Theorem operates in a competitive market with competitors including Funding Circle, Upstart, Nav, Biz2Credit and Lendio, among others.

  • Headquarter San Francisco, United States
  • Employees 7 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $120 K (USD)

    in 1 rounds

  • Latest Funding Round
    $120 K (USD), Seed

    Aug 11, 2014

  • Investors
    Pagaya

    & 1 more

  • Employee Count
    7

    as on Dec 31, 2022

  • Acquired by
    Pagaya

    (Jul 30, 2024)

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Products & Services of Theorem

Theorem offers a comprehensive portfolio of products and services, including Custom Loan Integration Program (CLIP), Theorem Securitization as a Service (SaaS), and Theorem Loan Score (TLS).

Product name locked
Category locked
Primary

Loan applications are assessed instantly using machine learning.

Product name locked
Category locked
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Loans are packaged into investable credit products efficiently.

Product name locked
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Default risk of loans is evaluated using data.

People of Theorem

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Matt Reeder
Senior Partner, IR Director, Executive Committee
People
Maddy McAdams
Head Of People Operations
People
Brian Beck
General Counsel & Chief Compliance Officer
People
Christine Gonzalez
Associate Vice President

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Funding Insights of Theorem

Theorem has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Theorem

Theorem has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pagaya and Y Combinator.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Loan transitions are facilitated between lending partners and institutional investors.
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Investor details for Theorem

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Theorem

Investments
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Investment portfolio details for Theorem

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Theorem

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Detailed financials for Theorem

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Theorem Comparisons

Theorem Primary company
Description
Credit underwriting technology is developed and provided by ...
Location
San Francisco, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
7
As of 2022
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Peer comparison for Theorem

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Theorem

Theorem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Circle, Upstart, Nav, Biz2Credit and Lendio, among others.

Company Name Domain Founded year HQ Location Description
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A peer-to-peer marketplace for business loans is operated and developed.
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Diversified loans are provided via an AI-enabled online marketplace.
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Business credit monitoring and financing are provided to small owners.
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Online marketplace for business loans
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Business loans are matched via an online lending marketplace.
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Student loan refinancing, mortgages, and personal loans are offered online.
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Detailed competitors of Theorem

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Theorem

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Complete news archive for Theorem

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Theorem

Theorem was founded in 2014.

Theorem is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Theorem is a funded company, having raised a total of $120K across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Theorem is 7.

Theorem is focused on building credit underwriting technology that has powered billions in lending across a funding network since 2014. Machine learning is utilized to assess loan applications, manage risk, and offer innovative financing products. Solutions are provided to originating partners and lenders in the consumer credit market to enhance efficiency. The technology infrastructure includes the Custom Loan Integration Program (CLIP), Theorem Loan Score (TLS), and Securitization as a Service (SaaS).

Theorem's top competitors include Funding Circle, Upstart and Nav.

Theorem offers Custom Loan Integration Program (CLIP), Theorem Securitization as a Service (SaaS), and Theorem Loan Score (TLS).

Theorem has 2 investors. Key investors include Pagaya, and Y Combinator.

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