About Thinkific
Thinkific is a company based in Vancouver (Canada) founded in 2012 by Greg Smith. Thinkific has raised $22 million across 2 funding rounds from investors including Rhino Ventures and Rhino Ventures. The company has 275 employees as of December 31, 2024. Thinkific offers products and services including Courses, Communities, Digital Downloads, and Memberships. Thinkific operates in a competitive market with competitors including Kajabi, Hotmart, Classplus, Teachable and CYPHER LEARNING, among others.
- Headquarter Vancouver, Canada
- Employees 275 as on 31 Dec, 2024
- Founders Greg Smith
- Stage Public
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Sectors
EducationRetail
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Email
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Phone
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Website
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Social
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- Legal Name Thinkific Labs, Inc.
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Annual Revenue
$63.74 M (USD)15.06as on Dec 31, 2024
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Net Profit
-$225.66 K (USD)97.54as on Dec 31, 2024
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EBITDA
-$1.01 M (USD)88.4as on Dec 31, 2024
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Total Equity Funding
$22 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Series A
Sep 29, 2020
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Investors
Rhino Ventures
& 1 more
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Employee Count
275
as on Dec 31, 2024
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IPO & Listings of Thinkific
Thinkific is a publicly listed company on the TSX with ticker symbol THNC in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Thinkific
Thinkific offers a comprehensive portfolio of products and services, including Courses, Communities, Digital Downloads, and Memberships.
Tool for creating and selling educational courses online
Space for shared online learning and business growth
System for generating leads via downloadable products
Platform for exclusive access and recurring revenue
People of Thinkific
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Software Development Team
24 people
Senior Team
20 people
Sales and Marketing
15 people
Leadership Team
9 people
Staff Team
6 people
Finance and Accounting
6 people
Data Analysis and Operations Team
6 people
Operations Team
6 people
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Funding Insights of Thinkific
Thinkific has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22 million completed in September 2020. 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.
Investors in Thinkific
Thinkific has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Rhino Ventures and Rhino Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital funding is provided by Rhino Ventures.
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Early-stage venture capital funding is provided by Rhino Ventures.
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Investor details for Thinkific
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Thinkific
Investment portfolio details for Thinkific
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Thinkific
Detailed financials for Thinkific
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Thinkific Comparisons
Peer comparison for Thinkific
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Thinkific
Thinkific 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 Kajabi, Hotmart, Classplus, Teachable and CYPHER LEARNING, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software solution to create online courses
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Cloud-based eCommerce solution that enables merchants to sell digital products
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White-label online coaching platform is provided for educators.
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Cloud-based course creation platform
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Provider of cloud and app-based learning management system for schools and corporates
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Detailed competitors of Thinkific
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Thinkific
Complete news archive for Thinkific
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Frequently Asked Questions about Thinkific
Thinkific was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Thinkific is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Greg Smith is the current CEO of Thinkific. They have also founded this company.
Thinkific is a funded company, having raised a total of $22M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Thinkific is 275.
Annual revenue of Thinkific is $63.74M as on Dec 31, 2024.
Thinkific was founded in 2012 in Vancouver, Canada, as a provider of online academy building tools within the edtech sector. The platform is used to develop and host online courses, digital products, and membership communities. Operations focus on a premium subscription model, with additional revenue derived from transaction fees on sales. Services are delivered globally through the thinkific.com domain, supporting educators and creators in monetizing content.
Thinkific offers Courses, Communities, Digital Downloads, and Memberships.
Yes, Thinkific is publicly traded on TSX under the ticker symbol THNC.
Thinkific has 2 investors. Key investors include Rhino Ventures, and Rhino Ventures.
The ticker symbol of Thinkific is THNC on TSX.