# think3

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/think3

- Industry: Software
- Headquarters: Austin, US
- Website: www.think3.com
- Total disclosed funding: $11M
- Latest round: Series E (Feb 19, 2004)
- Investors on record: 7

## About

Think3 Inc. specializes in innovative funding solutions for startup founders, facilitating seamless transitions and strategic pivots through their core product, Alloy, which leverages extensive industry insights from previous acquisitions.Think3 Inc., founded in 1979 and headquartered in Austin, US, focuses on providing funding solutions for startup founders. The company has undergone strategic changes to enhance its service offerings and has attracted notable investments. Tara Hebbar is the founder, and the company has completed a total of 5 deals. The latest deal was on October 7, 2010, when the company raised USD 11.00 mn in a SERIES E funding round led by DCM, with participation from various investors including Crosslink Capital and Intel Capital.Think3 primarily offers innovative funding solutions designed to empower startup founders to transition from their current ventures effectively. Their core offering, Alloy, leverages insights gained from acquiring 50 companies over the past decade to provide a streamlined process for entrepreneurs looking to pivot or exit their businesses. The firm specializes in facilitating quick transitions, completing due diligence in four weeks and enabling a seamless 100-day transition period for teams. Think3 targets a diverse client base comprising startup founders, investors, and their respective teams, focusing on U.S. markets while also reaching out to international entrepreneurs seeking funding solutions.Think3 generates revenue primarily through its funding mechanisms, which include a USD 500,000 seed round with no strings attached or a USD 1 mn option with equity participation. The company engages in direct-to-consumer transactions, providing tailored financing solutions to startup founders who are ready to transition. Partnerships and collaborations with investors further enhance their revenue stream by facilitating the investment process for clients. The transaction structure typically involves securing funds upfront, allowing entrepreneurs to focus on new ventures while ensuring their teams are supported during the transition phase. The company’s flagship product, Alloy, serves as a vital component of this revenue model, providing a comprehensive platform for aspiring entrepreneurs to navigate the complexities of exiting their current businesses.Think3 plans to expand its product offerings and introduce new features in Alloy, aimed at enhancing user experience and facilitating more efficient transitions for founders. The company is targeting international markets for expansion, including Europe and Asia, by 2025. Recent funding from the SERIES E round will support these initiatives, enabling further development of Alloy and expansion into new geographic regions. In October 2010, Versata Enterprises, Inc. acquired think3 Inc., and while financial terms were not disclosed, this acquisition is expected to create further opportunities for growth.

## Funding rounds

- Series E, Feb 19, 2004, $11M — New Enterprise Associates, US Venture Partners, DCM, Intel Capital, Norwest Venture Partners, Crosslink Capital, Icon Ventures

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series E
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series E
- DCM (https://capitalatlas.ai/funds/dcm) — Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series E
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series E
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series E
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series E