What is Thunkable?
Thunkable operates as a leading no-code platform, empowering users to build native mobile applications across all major operating systems without requiring any coding expertise. Its intuitive drag-and-drop interface facilitates rapid development, enabling creators to bring their app concepts to fruition swiftly. The platform's extensibility through integrations and open APIs allows for the creation of sophisticated applications in days rather than months, with direct publishing capabilities to app marketplaces. Originally incubated at Google and MIT, Thunkable is fundamentally altering the landscape of app development by making native development accessible to a broad user base.
How much funding has Thunkable raised?
Thunkable has raised a total of $33.4M across 3 funding rounds:
Other Financing Round
$120K
Other Financing Round
$3.3M
Series B
$30M
Other Financing Round (2016): $120K with participation from Y Combinator
Other Financing Round (2018): $3.3M led by Lightspeed Venture Partners
Series B (2022): $30M supported by Owl Ventures, Sky9 Capital, Diplo, New Enterprise Associates, Lightspeed Venture Partners, and PJC
Key Investors in Thunkable
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences. The company supports a diverse range of edtech companies, including those providing tools for personalized tutoring, virtual classrooms, and workforce upskilling.
Sky9 Capital
Sky9 Capital is a leading venture capital firm focused on supporting disruptive technologies and innovative startups globally. With nearly USD 2 billion in assets under management, the firm collaborates with a diverse group of institutional investors, including sovereign wealth funds and family offices.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California. New Enterprise Associates(NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
What's next for Thunkable?
The recent major strategic investment in Thunkable signals a pivotal growth phase, likely aimed at expanding its platform capabilities, enhancing its market reach, and further solidifying its position in the competitive no-code development sector. This enterprise-level funding will enable Thunkable to accelerate its product roadmap, potentially exploring new integrations and advanced features to cater to a wider range of users, from individual creators to larger enterprises seeking agile app development solutions. The company's focus on accessibility and ease of use, coupled with this substantial financial backing, positions it for continued expansion and innovation in the rapidly evolving digital product creation space.
See full Thunkable company page
