About ThingCo
ThingCo is a company based in London (United Kingdom) founded in 2018 by Mike Brockman.. ThingCo has raised $6.74 million across 2 funding rounds from investors including BGL Group and Bhl Uk Holdings Ltd. The company has 24 employees as of December 31, 2021. ThingCo offers products and services including Telematics Platform and AI-Driven Devices. ThingCo operates in a competitive market with competitors including Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, among others.
- Headquarter London, United Kingdom
- Employees 24 as on 31 Dec, 2021
- Founders Mike Brockman
-
Sectors
TechnologyFinancial Services Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Thingco Limited
- Date of Incorporation 11 Dec, 2017
- Jurisdiction LONDON, ENGLAND, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.74 M (USD)
in 2 rounds
-
Latest Funding Round
$2.66 M (USD), Series A
Jul 31, 2025
-
Investors
BGL Group
& 1 more
-
Employee Count
24
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ThingCo
ThingCo offers a comprehensive portfolio of products and services, including Telematics Platform and AI-Driven Devices. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Encrypted platform for collecting telematics data in vehicles.
Devices offering real-time voice assistance for telematics applications.
Unlock access to complete
Funding Insights of ThingCo
ThingCo has successfully raised a total of $6.74M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.66 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $2.7M
-
First Round
First Round
(06 Jan 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - ThingCo | Valuation |
investors |
|
| Jan, 2021 | Amount | Series A - ThingCo | Valuation | BGL Group |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ThingCo
ThingCo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BGL Group and Bhl Uk Holdings Ltd. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Insurance and financial services are distributed digitally by BGL Group.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ThingCo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ThingCo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thingco Comparisons
Competitors of ThingCo
ThingCo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online usage-based car insurance solutions
|
|
| domain | founded_year | HQ Location |
Motor insurance is provided for personal and work driving.
|
|
| domain | founded_year | HQ Location |
Auto insurance is delivered via app to individual drivers.
|
|
| domain | founded_year | HQ Location |
Pay-per-mile auto insurance is offered through a mobile app.
|
|
| domain | founded_year | HQ Location |
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
|
|
| domain | founded_year | HQ Location |
Provider of telematics data for insurance
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Thingco
Frequently Asked Questions about ThingCo
When was ThingCo founded?
ThingCo was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is ThingCo located?
ThingCo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of ThingCo?
Mike Brockman is the current CEO of ThingCo. They have also founded this company.
Is ThingCo a funded company?
ThingCo is a funded company, having raised a total of $6.74M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.08M, raised on Jan 06, 2021.
How many employees does ThingCo have?
As of Dec 31, 2021, the latest employee count at ThingCo is 24.
What does ThingCo do?
ThingCo was established in 2018 in London, United Kingdom. Telematics solutions powered by AI and cloud technology are delivered to B2B and B2C customers. Market gaps in insurance and telematics are targeted through in-depth sector knowledge and real-time risk mitigation tools. Operations focus on enhancing data-driven decision-making across connected vehicle services.
Who are the top competitors of ThingCo?
ThingCo's top competitors include Marshmallow, Cuvva and Octo Telematics.
What products or services does ThingCo offer?
ThingCo offers Telematics Platform and AI-Driven Devices.
Who are ThingCo's investors?
ThingCo has 2 investors. Key investors include BGL Group, and Bhl Uk Holdings Ltd.