# Thndr Technology Holding

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thndr-technology-holding

- Industry: Financial Services
- Headquarters: Cairo, Egypt
- Website: www.thndr.app
- Total disclosed funding: $36M
- Latest round: Series A (May 19, 2025)
- Investors on record: 12

## About

Based in Cairo, Egypt, and founded in 2020, Thndr Technology Holding, a subsidiary of Axis Markets B.V., operates as a financial technology company that offers an application-based investment platform used for investment in public companies and mutual funds. In May 2025, Thndr Technology Holding raised USD 15.7 million in venture funding led by returning investor Prosus Ventures, with participation from other returning investors Y Combinator, BECO Capital, Jameel Investment Management Company, and Raba Capital. Individual investor and new investor Endeavor Catalyst also participated in the round. The company offers a mobile application platform available on the App Store and Google Play Store, allowing users to invest in various companies along with financial tools like an emergency fund tool, a budgeting tool, and a financial goal tool. The company’s investment platform also provides information services such as webinars and articles related to personal finance, investment basics, stock market 101, ETFs and mutual funds. The company will use the May 2025 funding for further growth and development.

## Funding rounds

- Series A, May 19, 2025, $16M — Y Combinator, Endeavor Catalyst, BECO Capital, Prosus Ventures, Raba, Jameel Investment Management Company
- Series A, Feb 9, 2022, $20M — Tiger Global Management, BECO Capital, Endure Capital, Base Capital, Prosus Ventures, Firstminute Capital, 4DX Ventures, Raba, Jameel Investment Management Company
- Seed, Dec 31, 2020 — Plus Venture Capital

## Investors

- Plus Venture Capital (https://capitalatlas.ai/funds/plus-venture-capital) — Seed
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- BECO Capital (https://capitalatlas.ai/funds/beco-capital) — Series A
- Endure Capital (https://capitalatlas.ai/funds/endure-capital) — Series A
- Base Capital (https://capitalatlas.ai/funds/base-capital) — Series A
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series A
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Series A
- 4DX Ventures (https://capitalatlas.ai/funds/4dx-ventures) — Series A
- Raba (https://capitalatlas.ai/funds/raba) — Series A
- Jameel Investment Management Company (https://capitalatlas.ai/funds/jameel-investment-management-company) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A