How Much Did Thunkable Raise?
Funding & Key Investors

Thunkable, a prominent no-code platform for mobile app development, has secured significant enterprise-level funding, with its total capital raised standing at $33.4M. The company recently announced a major strategic investment of $30M, underscoring its robust growth trajectory and market position. This latest financing round is expected to fuel further innovation and expansion for the app-building solution.

What is Thunkable?

Thunkable
SoftwareEngineering SoftwareMobile App Development

Thunkable distinguishes itself as a no-code platform enabling users to construct native mobile applications for all major operating systems without requiring any coding expertise. Its intuitive drag-and-drop interface empowers creators to rapidly materialize their concepts, irrespective of their technical background. The platform's extensible integrations, open APIs, and advanced editing capabilities allow for the swift development of powerful applications, which can then be published directly to app marketplaces. Originally incubated at Google and MIT, Thunkable is democratizing native app development.

How much funding has Thunkable raised?

Thunkable has raised a total of $33.4M across 3 funding rounds:

2016

Other Financing Round

$120K

2018

Other Financing Round

$3.3M

2022

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 Lightspeed Venture Partners, PJC, Diplo, Owl Ventures, Sky9 Capital, and New Enterprise Associates

Key Investors in Thunkable

Lightspeed Venture Partners

Lightspeed Venture Partners (lsvp.com) 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, partnering with founders from seed through IPO/M&A.

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.

Diplo

Diplo is a Grammy-winning DJ and producer known for his innovative music and dynamic live performances. The company offers a range of products and services including music releases, merchandise, and various tour experiences. Targeting music enthusiasts and fans of electronic dance music, they provide an array of audio and visual content through multiple platforms. Additionally, Diplo engages with his audience via social media and live performances, fostering a strong community around his music.

What's next for Thunkable?

The recent major strategic investment in Thunkable signals a pivotal phase for the company, likely focused on scaling its operations, enhancing its platform capabilities, and expanding its market reach. With a foundation built on making native app development accessible, this capital infusion is poised to accelerate Thunkable's mission to empower a broader range of creators. Future developments may include deeper integrations, advanced AI-driven features, and enhanced support for enterprise-level deployments, solidifying its position in the competitive no-code development landscape.

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Frequently Asked Questions Regarding Thunkable Financial Insights

What are the most recent funding rounds that Thunkable has completed, and what were the funding rounds?
Thunkable has recently completed 3 funding rounds: Series B on Apr 5, 2022, Other Financing Round on Jun 5, 2018, Other Financing Round on Mar 28, 2016.
What is the total amount of funding Thunkable has raised to date?
Thunkable has raised a total of $33.4M in funding to date.
How many funding rounds has Thunkable completed?
Thunkable has completed 3 funding rounds.
How much funding did Thunkable raise in its most recent funding round?
Thunkable raised $30M in its most recent funding round.
Who are the lead investors in Thunkable's latest funding round?
The lead investor in Thunkable's latest funding round was Lightspeed Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Thunkable's history?
The largest funding round in Thunkable's history was $30M.
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