Total amount raised
$33.6 Million
Latest funding date
2022-02-28
Location
Thunkable is a no-code app development platform that allows users to create mobile apps without writing code. The platform is designed to be fast, visual, and accessible, leveraging AI to simplify the app-building process.
Keep reading to explore the intricacies of Thunkable's fundraising journey and the investors backing this innovative platform.
What Is Thunkable?
Thunkable is a no-code app development platform that allows users to create mobile apps without writing code. It operates within the software development industry, specifically focusing on no-code app creation.
Designed to democratize app development, Thunkable offers a visual interface where users can drag and drop components, add logic with blocks, and test their apps in real-time. The platform supports direct publishing to major app stores and the web, making it accessible for a wide range of users, from professional developers to hobbyists and visionaries.
How Much Funding Has Thunkable Raised?
- Pre-Seed Round
- Amount Raised: USD 120,000
- Date: March 2016
- Lead Investors: Y Combinator
- Grant
- Amount Raised: USD 224,912
- Date: December 2017
- Lead Investors: National Science Foundation
- Series Unknown
- Amount Raised: USD 3,300,000
- Date: June 2018
- Series B
- Amount Raised: USD 30,000,000
- Date: February 2022
- Lead Investors: Owl Ventures
In total, Thunkable has raised USD 33,644,912.
Key Investors
- Owl Ventures
- Details: Owl Ventures is a venture capital firm that invests in education technology companies. They focus on early, growth, and later-stage investments.
- Investment Focus Areas: Education technology, workforce development, lifelong learning
- Notable Investments: Byju's, MasterClass, Quizlet
- National Science Foundation
- Details: The National Science Foundation (NSF) is an independent federal agency created by Congress in 1950. It supports fundamental research and education across all fields of science and engineering.
- Investment Focus Areas: Science, engineering, education
- Notable Investments: Not publicly disclosed
- Y Combinator
- Details: Y Combinator is a startup accelerator that has funded over 2,000 startups since 2005. It provides seed funding, advice, and connections to help startups grow.
- Investment Focus Areas: Technology, software, internet services
- Notable Investments: Airbnb, Dropbox, Reddit
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