What is Thunkable?
Thunkable operates as a sophisticated no-code development environment that empowers users to construct native mobile applications through an intuitive drag-and-drop interface. Incubated at Google and MIT, the platform eliminates the technical barriers typically associated with mobile development, allowing creators to build, test, and publish applications directly to major marketplaces. By offering extensible integrations and open APIs, Thunkable bridges the gap between non-technical creators and professional-grade software output. Its market position is defined by its ability to reduce development cycles from months to days, making it an essential tool for enterprises looking to iterate quickly in a competitive digital landscape.
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
Y Combinator
Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences and support the scaling of portfolio companies globally.
What's next for Thunkable?
With this latest strategic financing, Thunkable is well-positioned to expand its enterprise-grade feature set and deepen its market penetration. The company is expected to focus on enhancing its advanced editing capabilities and strengthening its integration ecosystem to support more complex, data-heavy applications. As the demand for no-code solutions continues to surge, Thunkable's roadmap likely includes scaling its infrastructure to accommodate larger organizational deployments and fostering a more robust developer community. By leveraging its recent capital, the firm aims to solidify its status as the primary engine for native mobile innovation, enabling organizations to maintain agility while scaling their digital presence across global markets.
See full Thunkable company page
