# Thunkable

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.thunkable.com
- Total disclosed funding: $25M
- Latest round: Series B (Feb 11, 2022)
- Investors on record: 7

## About

Thunkable, Inc. is a no-code app development platform that empowers users to create mobile applications effortlessly, utilizing artificial intelligence for rapid development and a visual interface.Founded in 2015 by Arun Saigal, Matt Parker, and WeiHua Li, Thunkable, Inc. operates out of San Francisco, US. The company has evolved its business strategy to focus on enabling app development without traditional programming skills. It has raised a total of USD 25.00 mn through recent funding rounds, including a Series B round led by Owl Ventures on February 11, 2022. Notably, the funding was aimed at enhancing the platform's capabilities and growing the team.Thunkable provides a no-code app development platform that allows users to build mobile applications without coding knowledge. The platform features include drag-and-drop components, advanced logic functionalities, and seamless third-party integrations. It serves a diverse audience ranging from hobbyists to professional developers and organizations, primarily focusing on the North American and European markets.Thunkable employs a subscription-based revenue model with various pricing tiers for individual users and teams. The standard subscription costs USD 19 per month, granting users access to advanced features such as AI generation tools and deployment options to major app stores. Revenue is generated through direct subscriptions, and the company also offers customized solutions for businesses and educational institutions to facilitate large-scale app development.Following the Series B funding round in February 2022, where Thunkable raised USD 25.00 mn, the company plans to expand its team to enhance its no-code mobile app development platform. The additional resources will support the design and launch of new products aimed at broadening its market reach, particularly in North America and Europe, where demand for accessible app development tools continues to grow.

## Funding rounds

- Series B, Feb 11, 2022, $25M — Lightspeed Venture Partners, New Enterprise Associates, PJC, OWL Ventures, Sky 9 Capital
- Seed, Mar 22, 2016, $0.1M — Y Combinator, Fort Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Fort Ventures (https://capitalatlas.ai/funds/fort-ventures) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B
- PJC (https://capitalatlas.ai/funds/pjc) — Series B
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series B
- Sky 9 Capital (https://capitalatlas.ai/funds/sky-9-capital) — Series B