Theorem was founded by Abeer Agrawal, Hugh Edmundson in 2013.

Who are Theorem's investors?

Theorem's investors include Y Combinator, Halcyon, Khosla Ventures, SAIF.

Where is Theorem headquartered?

Theorem is headquartered in San Francisco, US.

Theorem

San Francisco, US · Founded 2013 · 34 employees · 5 known investors

Theorem LP prices and purchases loan volume across multiple originators, connecting borrowers with credit access, originators with capital, and investors with loan evaluation data. The company operates in the consumer credit market to improve efficiency and transparency.

Also known as Algorithmic Lending · Theorem LP

AI & Machine Learning Fintech Machine LearningUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W14)

Theorem was founded in 2013 by Abeer Agrawal and Hugh Edmundson.

Abeer Agrawal in 𝕏Co-Founder (formerly CTO)2013–2024Abeer Agrawal is a co-founder and CTO of Theorem, a machine learning-focused hedge fund from the Y Combinator Winter 2014 cohort. He holds degrees in electrical and computer engineering and computational finance from Carnegie Mellon University.

Hugh EdmundsoninCo-founder · Chairman and Chief Investment Officer2013–2025

Investors · 5

Y CombinatorSan Francisco · $500K

HalcyonreportedWashington

Khosla Venturesreported · 2 sourcesMenlo Park · $5K – $50M

SAIFreportedBeijing · $10M – $100M

Also in the syndicate · 1

e14

Funding

SEC filings, press & company announcements

Undisclosed amountseed fundingJan 2026
Khosla Ventures (lead), e14, Halcyon, SAIF, YC
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 1

by search overlap

Preqin4 shared keywordsPreqin provides private markets data, analytics, and benchmarking across private equity, venture capital, hedge funds, real estate, private credit, infrastructure, secondaries, and natural resources. Its products serve fund managers, investors, consultants, banks, and other financial professionals for fundraising, manager selection, due diligence, and performance analysis.

Companies competing with Theorem for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Theorem wants to stop AI-written bugs before they ship — and just raised $6M to do it | VentureBeatventurebeat.com · Jan 2026

Theorem Secures $6 Million Seed Funding Led by Khosla Ventures to Fix the Reliability Problem in AI Coding | Radical Data Scienceradicaldatascience.wordpress.com · Jan 2026

KBRA Assigns Preliminary Ratings to Theorem Funding Trust 2023-1businesswire.com · Apr 2023

Theorem Funding Trust comes to market with $292.6 million in ABS | Asset Securitization Reportasreport.americanbanker.com · Jan 2022

Frequently asked questions

What does Theorem do?: Theorem LP prices and purchases loan volume across multiple originators, connecting borrowers with credit access, originators with capital, and investors with loan evaluation data. The company operates in the consumer credit market to improve efficiency and transparency.
Who founded Theorem?: Theorem was founded by Abeer Agrawal, Hugh Edmundson in 2013.
Who are Theorem's investors?: Theorem's investors include Y Combinator, Halcyon, Khosla Ventures, SAIF.
Where is Theorem headquartered?: Theorem is headquartered in San Francisco, US.