Thema is developing an AI-driven platform that continuously maps and updates software market structures, enabling private equity firms to assess portfolio risk, identify adjacencies, and plan expansion strategies with greater accuracy. Built on proprietary techniques created by co-founder Dr. Dimo Angelov, the system ingests web-scale data to generate versioned representations of companies and their competitive landscapes. By replacing fragmented consulting reports and static sourcing tools, the product delivers a real-time view of how markets cluster and evolve, highlighting opportunities and competitive threats that may otherwise be overlooked. The solution has been built in collaboration with tier-one PE firms and within a UK government-backed program run alongside the University of Cambridge. With fresh capital, Thema intends to accelerate R&D, grow its commercial team, and onboard additional customers. The company is headquartered in London. No revenue or user metrics were disclosed in the articles.

Total raised

$7M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2026