# ThinkTank

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

- Industry: Software
- Headquarters: Denver, US
- Website: www.thinktank.net
- Total disclosed funding: $20M
- Latest round: Series A (Oct 6, 2015)
- Investors on record: 2

## About

ThinkTank is a business solutions provider specializing in collaborative work management and project management software, aimed at enhancing organizational productivity and decision-making processes.Founded in 2008 in Denver, US, ThinkTank focuses on collaborative solutions that empower organizations to optimize their project management efforts. The company was acquired by Accenture in May 2021, although financial terms were not disclosed. The founders, Kevin Glander and Scott Blum, have a background in developing enterprise solutions that facilitate enhanced collaboration across teams. The company's operations have remained consistent since its establishment, with no notable pivots or changes in business strategy.ThinkTank offers a range of software solutions designed to enhance collaborative efforts and streamline project management for organizations. Their products are tailored to address specific challenges such as improving communication, facilitating decision-making, and increasing overall efficiency in project execution. ThinkTank serves various sectors including government, education, and corporate environments, providing tools that help teams work more effectively together.ThinkTank generates revenue through service contracts and subscription models for its software solutions. Revenue is primarily derived from organizations entering into agreements for continued access to their project management tools. The firm's client base includes a diverse array of organizations that utilize ThinkTank's software to enhance their productivity and collaborative capabilities.Following its acquisition by Accenture, ThinkTank intends to leverage additional resources to expand its product offerings and reach new geographic markets. The company is focusing on developing new features and enhancements to its existing software solutions, with plans to launch these by 2023. The recent funding of USD 20.00 mn from Series A will be utilized to support these initiatives, aiming to address an increasing demand for effective collaboration tools in North America and Europe.

## Funding rounds

- Series A, Oct 6, 2015, $20M — Amadeus Capital Partners, AP-Fonden 6

## Investors

- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series A
- AP-Fonden 6 — Series A