About Think Eleven
Think Eleven is a company based in Newton Aycliffe (United Kingdom) founded in 2006 by Darren Race was acquired by TTC Group in June 2025.. 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 as of March 31, 2022. Think Eleven operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Newton Aycliffe, United Kingdom
- Employees 5 as on 31 Mar, 2022
- Founders Darren Race
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Think Eleven Limited
- Date of Incorporation 10 Apr, 2006
- Jurisdiction HARTLEPOOL, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$64.83 K (USD)
in 1 rounds
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Latest Funding Round
$64.83 K (USD), Seed
Feb 20, 2019
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Investors
The TTC Group
& 1 more
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Employee Count
5
as on Mar 31, 2022
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Acquired by
TTC Group
(Jun 01, 2025)
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $64,831
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First Round
First Round
(20 Feb 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Think Eleven | Valuation | NEL Fund Managers |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Invests in SME growth through debt finance and strategic guidance services.
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Founded Year | Domain | Location | |
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Risk management and road safety training services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Think Eleven
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Think Eleven
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Think Eleven Comparisons
Competitors of Think Eleven
Think Eleven 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 Workday, Kronos, SuccessFactors, Justworks and Sage Group, 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 |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Think Eleven
Frequently Asked Questions about Think Eleven
When was Think Eleven founded?
Think Eleven was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Where is Think Eleven located?
Think Eleven is headquartered in Newton Aycliffe, United Kingdom. It is registered at Newton Aycliffe, County Durham, United Kingdom.
Is Think Eleven a funded company?
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 20, 2019.
How many employees does Think Eleven have?
As of Mar 31, 2022, the latest employee count at Think Eleven is 5.
What does Think Eleven do?
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.
Who are the top competitors of Think Eleven?
Think Eleven's top competitors include Workday, SuccessFactors and Sage Group.
Who are Think Eleven's investors?
Think Eleven has 2 investors. Key investors include The TTC Group, and NEL Fund Managers.