# ThinkHR Corporation

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

- Industry: Software
- Headquarters: Pleasanton, US
- Website: www.thinkhr.com
- Total disclosed funding: $12M
- Latest round: Series A (Aug 11, 2015)
- Investors on record: 1

## About

ThinkHR Corporation provides vital HR and compliance solutions, supporting businesses in effectively managing complex employment regulations and workplace challenges with its advanced tools and resources.ThinkHR Corporation, founded in 2005, is based in Pleasanton, US, and specializes in human resources services. The company has secured a total of USD 67.5 mn in funding, including a recent GROWTH round in August 2018 led by Guidepost Growth Equity. Founders Aaron Brockey, Jessica Castellana, Martin Kelly, and Nathan Christensen have established a strong foundation for the firm, which is currently led by CEO Nathan Christensen.ThinkHR offers a comprehensive suite of HR and compliance solutions designed to assist businesses in navigating complex employment regulations and workplace challenges. Its core product offerings include the Mineral Platform™, providing users with on-demand access to essential HR tools, resources, and compliance guidance tailored to specific state and federal regulations. Additionally, Mineral Intelligence™ delivers personalized alerts and action items in real-time to help clients proactively manage compliance risks. The Mineral Experts™ team offers expert advice on various HR topics, including hiring, firing, and workplace discrimination. The company primarily serves small to medium-sized businesses across various industries in the United States, helping them streamline HR processes and reduce legal risks associated with compliance, with a client base exceeding one million businesses.ThinkHR operates under a subscription-based revenue model, enabling businesses to access its products and services for a recurring fee. Clients typically enter into annual subscription agreements, which may include various tiers of service based on their specific HR and compliance needs. Flagship offerings such as the Mineral Platform™ and Mineral Intelligence™ are central to these agreements. The company positions itself as a partner to its clients, providing ongoing support and updates on compliance regulations, fostering long-term relationships and customer retention. This model allows ThinkHR to generate stable revenue through predictable subscription payments, reflecting the essential nature of its services.In August 2018, ThinkHR Corporation raised USD 67.5 mn in growth financing to bolster its product development efforts. The company plans to leverage this funding to enhance its existing offerings and develop new products aimed at improving HR management for its clients. Targeted expansions into new geographic regions are also in the works, focusing on increasing their presence across various states in the US by the end of 2023.

## Funding rounds

- Series A, Aug 11, 2015, $12M — Kennet Partners

## Investors

- Kennet Partners (https://capitalatlas.ai/funds/kennet-partners) — Series A