About Think Eleven
Think Eleven is a Technology company based in Newton Aycliffe (United Kingdom) founded in 2006 by Darren Race, and was acquired by TTC Group in June 2025. It operates as an online human resource management software solutions are provided. Think Eleven has raised $64.83 thousand across 1 funding round from investors including The TTC Group and NEL Fund Managers. The company has 5 employees. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Its legal entity is THINK ELEVEN LIMITED. Its competitors include Workday, Kronos, SuccessFactors, Justworks and Sage Group and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Think Eleven was founded in 2006 in Newton Aycliffe, United Kingdom. Software solutions for human resource management are delivered online within the HR technology sector. Compliance, talent, performance, appraisals, and competency are handled via the platform. Additional features encompass event calendars, career planning, and skills passports. Training and development support is also extended to clients.
- Headquarters Newton Aycliffe, United Kingdom
- Employees 5
- Founders Darren Race
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website thinkeleven.co.uk
- Social LinkedIn X YouTube
- Acquired by TTC Group (Jun 2025)
- Legal Name Think Eleven Limited
- Date of Incorporation 10 Apr, 2006
- Jurisdiction HARTLEPOOL, ENGLAND
- Total Equity Funding$64.83K (USD)
in 1 rounds
- Latest Funding Round$64.83K (USD), Seed
Feb 2019
- InvestorsThe TTC Group
& 1 more
- Employee Count5
- Acquired byTTC Group
(Jun 2025)
Funding Insights of Think Eleven
Think Eleven has successfully raised a total of $64.83K through 1 strategic funding round. The most recent funding activity was a Seed round of $64.83 thousand completed in February 2019. 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 $64,831
- Total Rounds 1
- Last Round Seed — $64,831
- First Round $64,831
(Feb 2019)
- Investors Count 1
All 1 funding rounds of Think Eleven with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $64,831 | Seed | – | NEL Fund Managers | – |
2 investors in total: 2 institutional.
Investors in Think Eleven
Think Eleven has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The TTC Group and NEL Fund Managers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Invests in SME growth through debt finance and strategic guidance services. | 1989 | nel.co.uk | Gateshead, United Kingdom | |
Risk management and road safety training services are provided. | 1993 | thettcgroup.com | Telford, United Kingdom |
Investor details for Think Eleven
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People of Think Eleven
1 people are tracked at Think Eleven (1 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Darren Race | Founder & MD | Leadership |
Complete people profiles for Think Eleven
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Timeline of Think Eleven
3 dated milestones of Think Eleven across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Think Eleven is founded.
- Funding First funding round of $65K.
- Exit Acquired by TTC Group.
Competitors of Think Eleven
Think Eleven has 9 listed competitors in our database, 8 of them funded. They include Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. | |
| successfactors.com | 2001 | San Francisco, United States | $79.84M | 18,910 | Cloud-based human capital management software is delivered globally. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| ceridian.com | 1992 | Minneapolis, United States | $150M | 1 | Cloud-based human capital management software is provided for enterprises. | |
| zenefits.com | 2013 | Tempe, United States | $598.27M | 242 | Cloud-based HR and payroll management solutions are offered. |
Detailed competitors of Think Eleven
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Web traffic of Think Eleven
The website of Think Eleven (thinkeleven.co.uk) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 42.2% vs previous month
Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Think Eleven (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Think Eleven
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Frequently Asked Questions about Think Eleven
Think Eleven was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Think Eleven is headquartered in Newton Aycliffe, United Kingdom. It is registered at Newton Aycliffe, County Durham, United Kingdom.
Think Eleven is a funded company, having raised a total of $64.83K across 1 funding round to date. The company's 1st funding round was a Seed of $64.83K, raised on Feb 2019.
Think Eleven has 5 employees.
Think Eleven was founded in 2006 in Newton Aycliffe, United Kingdom. Software solutions for human resource management are delivered online within the HR technology sector. Compliance, talent, performance, appraisals, and competency are handled via the platform. Additional features encompass event calendars, career planning, and skills passports. Training and development support is also extended to clients.
Think Eleven's top competitors include Workday, SuccessFactors and Sage Group.
Think Eleven has 2 investors. Key investors include The TTC Group, and NEL Fund Managers.
Think Eleven operates through Think Eleven Limited.
Yes. Think Eleven was acquired by TTC Group in June 2025.