# ThoughtRiver funding: rounds and investors > ThoughtRiver has raised $11M across 2 rounds since 2020. Investors include Octopus Ventures, LocalGlobe and SyndicateRoom. Every round with its source. Source: https://millionrounds.com/company/thoughtriver (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series A startup](https://millionrounds.com/companies) # Who invested in *ThoughtRiver* 2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Funding summary Updated 26 Oct 2026 **$11M** raised across 2 rounds since 2020, from 2 sources **$10M** Series A **$1.5M** Round - **Latest round:** Round, $1.5M Mar 2024 - **Biggest round:** $10M Series A · Sept 2020 - **Investors:** 4 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2021 2022 2023 2024 **$10M** Series A **$1.5M** Round - **First round:** Series A, $10M - **Biggest round:** $10M - **Between rounds:** 3.6 years ## The rounds - **Mar 2024** Round **$1.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Sept 2020** Series A **$10M** *4 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [LocalGlobe](https://millionrounds.com/fund/localglobe) [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) [Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) Source recorded ## Funding filed with regulators ThoughtRiver filed one raise, $1.5M in all. Filings say how much was sold and to how many investors; they never name the investors. - Mar 2024 **$1.5M** UK share allotment ## Founders and team From ThoughtRiver's own website: 2 on the team. - **Joe Stephenson** Partner and Head of IT & Technology - **Hamish Gray** Director of Legal & Commercial ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2020 **Round** 2024 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [LocalGlobe](https://millionrounds.com/fund/localglobe) [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) [Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) ## Everyone who backed them [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round [LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **1** round [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) VC firm **1** round [Crane Venture Partners](https://millionrounds.com/fund/crane-venture-partners) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=thoughtriver). ## Also claim to have backed them This firm lists ThoughtRiver as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [iLexIR](https://millionrounds.com/fund/ilexir) Investment firm Per its own site ## Quick answers about ThoughtRiver ### Who invested in ThoughtRiver? ThoughtRiver's investors include Octopus Ventures, LocalGlobe, SyndicateRoom and Crane Venture Partners. ### How much has ThoughtRiver raised? ThoughtRiver has raised $11M across 2 rounds since 2020. ### When did ThoughtRiver last raise? ThoughtRiver's most recent round, $1.5M, was in Mar 2024. ### What was ThoughtRiver's biggest round? ThoughtRiver's largest round on record is $10M (Series A), in Sept 2020. ### Who backed ThoughtRiver first? ThoughtRiver's first round on record, in Sept 2020, was backed by Octopus Ventures, LocalGlobe and SyndicateRoom and 1 others. ### What stage is ThoughtRiver at? ThoughtRiver's latest named round is a Series A, in Sept 2020. ### Where is ThoughtRiver based? ThoughtRiver is based in the United Kingdom. ## Companies like ThoughtRiver In the same sector, and raised in the last eighteen months. [**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app