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
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Sectors
Financial Services
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Phone
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Website
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Social
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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). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loan applications are assessed instantly using machine learning.
Loans are packaged into investable credit products efficiently.
Default risk of loans is evaluated using data.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $120,000
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First Round
First Round
(11 Aug 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Seed - Theorem | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Theorem
Theorem has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pagaya and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Loan transitions are facilitated between lending partners and institutional investors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Theorem
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Theorem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Theorem Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A peer-to-peer marketplace for business loans is operated and developed.
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| domain | founded_year | HQ Location |
Diversified loans are provided via an AI-enabled online marketplace.
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| domain | founded_year | HQ Location |
Business credit monitoring and financing are provided to small owners.
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| domain | founded_year | HQ Location |
Online marketplace for business loans
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| domain | founded_year | HQ Location |
Business loans are matched via an online lending marketplace.
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| domain | founded_year | HQ Location |
Student loan refinancing, mortgages, and personal loans are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Theorem
Frequently Asked Questions about Theorem
When was Theorem founded?
Theorem was founded in 2014.
Where is Theorem located?
Theorem is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Theorem a funded company?
Theorem is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Aug 11, 2014.
How many employees does Theorem have?
As of Dec 31, 2022, the latest employee count at Theorem is 7.
What does Theorem do?
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).
Who are the top competitors of Theorem?
Theorem's top competitors include Funding Circle, Upstart and Nav.
What products or services does Theorem offer?
Theorem offers Custom Loan Integration Program (CLIP), Theorem Securitization as a Service (SaaS), and Theorem Loan Score (TLS).
Who are Theorem's investors?
Theorem has 2 investors. Key investors include Pagaya, and Y Combinator.