Total amount raised
Latest funding date
Location
Thunkable has successfully raised significant funding over multiple rounds, establishing itself as a prominent player in the no-code app development space. The platform empowers users to create custom mobile apps without any coding knowledge, offering a range of powerful features and integrations.
Keep reading to explore the intricacies of Thunkable's fundraising journey and the investors backing this innovative platform.
What Is Thunkable?
Thunkable is a no-code app development platform that empowers users to create custom mobile apps without any coding knowledge. It operates within the software development industry, specifically focusing on no-code app creation.
Designed to democratize app development, Thunkable offers a visual drag-and-drop interface, pre-built components, and logic blocks to build functional apps quickly. The platform supports seamless publishing to major app stores and the web, making it accessible for individuals, startups, and enterprises.
Thunkable is utilized by a diverse range of users, from students and educators to business professionals and developers, enabling them to bring their app ideas to life efficiently and cost-effectively.
How Much Funding Has Thunkable Raised?
- Seed Round
- Amount Raised: $500,000
- Date: January 2016
- Lead Investors: Lightspeed Venture Partners
- Series A
- Amount Raised: $3 million
- Date: June 2017
- Lead Investors: NEA
- Series B
- Amount Raised: $7 million
- Date: September 2019
- Lead Investors: Owl Ventures
- Series C
- Amount Raised: $12 million
- Date: March 2021
- Lead Investors: Insight Partners
In total, Thunkable has raised $22.5 million in funding.
Key Investors
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a global venture capital firm that focuses on early-stage investments. They have a strong track record of supporting innovative startups across various industries.
- Investment Focus Areas: Enterprise, consumer, health, fintech, cleantech
- Notable Investments: Snapchat, Grubhub, Nest
- NEA (New Enterprise Associates)
- Details: NEA is one of the world's largest venture capital firms, with a focus on helping entrepreneurs build transformational businesses. They invest across multiple stages and sectors.
- Investment Focus Areas: Technology, healthcare, energy, consumer, enterprise
- Notable Investments: Coursera, Robinhood, Uber
- Owl Ventures
- Details: Owl Ventures is a venture capital firm that invests in education technology companies. They aim to support innovative solutions that improve education outcomes.
- Investment Focus Areas: Edtech, K-12, higher education, workforce development
- Notable Investments: Byju's, MasterClass, Quizlet
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm that invests in growth-stage technology and software companies. They provide strategic guidance to help companies scale.
- Investment Focus Areas: Software, internet, data, cybersecurity, fintech
- Notable Investments: Shopify, Twitter, DocuSign
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