# Thinxtra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thinxtra-pty

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.thinxtra.com
- Total disclosed funding: $21M
- Latest round: Series B (Sep 29, 2017)
- Investors on record: 9

## About

Thinxtra Pty Limited is a provider of Internet of Things (IoT) solutions that enhances operational efficiency across various industries through advanced connectivity, devices, and data platforms.Founded in 2015, Thinxtra Pty Limited operates in Sydney, Australia, delivering IoT solutions for industrial applications. The company has secured AUD 5 million in Pre-IPO funding from investors including Blue Ocean Equities Pty Ltd and Regal Funds Management as of June 1, 2023, raising a total of AUD 5 million to date.Thinxtra specializes in comprehensive IoT solutions that feature asset tracking software, smart facilities management tools, and smart utilities solutions. Its offerings address challenges in supply chain management and property management, providing real-time insights for enhanced operational efficiency across Australia, New Zealand, Hong Kong, and Macau.In 2023, Thinxtra reported a revenue of AUD 3,998,274.70, with an EBITDA of AUD -2,038,190.90. Revenue streams include subscription-based models and partnerships, leveraging flagship products such as the AssetInsight tracking software and FacilityInsight management tools.Thinxtra intends to utilize its recent funding from June 2023 to implement its inaugural partner program and expand its business reach across Australia, New Zealand, Hong Kong, and Macau. The planned initiatives aim to enhance its market presence and introduce new IoT products in the near future.

## Funding rounds

- Series B, Sep 29, 2017, $13M — Adcock Private Equity, CEFC, VentureCrowd, BNP Paribas, K1W1, Cherington Investments Pty Ltd, Chifley Portfolios Pty Limited, EG Holdings Pty Ltd
- Series A, Dec 21, 2015, $7.9M — K1W1, Rakon Limited, Adcock Private Equity

## Investors

- K1W1 — Series A, Series B
- Rakon Limited — Series A
- Adcock Private Equity (https://capitalatlas.ai/funds/adcock-private-equity) — Series A, Series B
- CEFC — Series B
- VentureCrowd — Series B
- BNP Paribas — Series B
- Cherington Investments Pty Ltd — Series B
- Chifley Portfolios Pty Limited — Series B
- EG Holdings Pty Ltd — Series B