Theorem LP

Y Combinator // YC W14 starting 2014-01-01


Key notes: Theorem uses data science and machine learning to invest in marketplace lending loans, profitably managing over $800mm in assets.

Office address: 436 Bryant St., Floor 2, San Francisco, California, United States

Description: Theorem uses machine learning, data science, and software engineering to invest in loans originated by online platforms. Hugh Edmundson (CEO) is formerly a member of Morgan Stanley’s credit derivatives team, and Abeer Agrawal (CTO) is a former Googler and employee #1 at a startup called MobileSpan (which got acquired by Dropbox). We started off with YC's winter 2014 batch, managing $50k in assets. Today we are a company of almost 30 employees managing over $800 million AUM, and Theorem’s assets have increased by more than 50% since year-end 2017.

View details on Crunchbase:

http://www.crunchbase.com/organization/theorem-687d

$ 2,500,000 over 1 funding rounds.

Angellist Page:

https://angel.co/theorem-7


Funding Rounds

Date Name $ Invested Crunchbase link
2014-03-25 None $ 2,500,000 Detailed data

Investors

Round Date Round Name Investor Crunchbase Link


Contact Jed if you have updated information for Theorem LP

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 19-Jun-2014, 11:19

Last Crunchbase update: 01-Jun-2019, 05:37

Last modified: 06-Mar-2021, 05:38

Country: None