Thinkific

Vancouver, Canada Founded: 2012 • Age: 14 yrs
Online academies are built for courses, products, and communities.
Request Access

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
  • Sectors
    Education
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Thinkific Labs, Inc.
Operational Areas
Education → Higher & Professional Education
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
    $63.74 M (USD)
    15.06
    as on Dec 31, 2024
  • Net Profit
    $-225.66 K (USD)
    97.54
    as on Dec 31, 2024
  • EBITDA
    $-1.01 M (USD)
    88.4
    as on Dec 31, 2024
  • Total Equity Funding
    $22 M (USD)

    in 2 rounds

  • Latest Funding Round
    $22 M (USD), Series A

    Sep 29, 2020

  • Investors
  • Employee Count
    275

    as on Dec 31, 2024

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

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.

Exchange: TSX · Ticker: THNC . Sector: Technology services · Canada

Products & Services of Thinkific

Thinkific offers a comprehensive portfolio of products and services, including Courses, Communities, Digital Downloads, and Memberships. 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.

Primary

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
Headcount 50-200
Employee Profiles 120
Board Members and Advisors 4
Employee Profiles
People
Michael Vasilev
Senior Strategy Manager
People
Greg Smith
Co-Founder & CEO
People
Wenda L.
Director, Total Rewards And People Operations
People
Corinne Hua
CFO

Unlock access to complete

Board Members and Advisors
people
Brandon Nussey
Board Member
people
Melanie Kalemba
Board Member
people
Lori Ell
Board Member
people
Paula Boggs
Board Member

Unlock access to complete

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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $22.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Series A - Thinkific Valuation Rhino Ventures
Mar, 2016 Amount Seed - Thinkific Valuation

investors

VFF
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 Thinkific

Thinkific has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Rhino Ventures and Rhino Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage venture capital funding is provided by Rhino Ventures.
Founded Year Domain Location
Early-stage venture capital funding is provided by Rhino Ventures.
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 Thinkific

Investments
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 - Thinkific

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Thinkific Comparisons

Employees
+
Add Comparison
Available on Premium

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. 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 software solution to create online courses
domain founded_year HQ Location
Cloud-based eCommerce solution that enables merchants to sell digital products
domain founded_year HQ Location
White-label online coaching platform is provided for educators.
domain founded_year HQ Location
Cloud-based course creation platform
domain founded_year HQ Location
Provider of cloud and app-based learning management system for schools and corporates
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 Thinkific

Frequently Asked Questions about Thinkific

When was Thinkific founded?

Thinkific was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Thinkific located?

Thinkific is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of Thinkific?

Greg Smith is the current CEO of Thinkific. They have also founded this company.

Is Thinkific a funded company?

Thinkific is a funded company, having raised a total of $22M across 2 funding rounds to date.

How many employees does Thinkific have?

As of Dec 31, 2024, the latest employee count at Thinkific is 275.

What is the annual revenue of Thinkific?

Annual revenue of Thinkific is $63.74M as on Dec 31, 2024.

What does Thinkific do?

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.

Who are the top competitors of Thinkific?

Thinkific's top competitors include Hotmart, Kajabi and Classplus.

What products or services does Thinkific offer?

Thinkific offers Courses, Communities, Digital Downloads, and Memberships.

Is Thinkific publicly traded?

Yes, Thinkific is publicly traded on TSX under the ticker symbol THNC.

Who are Thinkific's investors?

Thinkific has 2 investors. Key investors include Rhino Ventures, and Rhino Ventures.

What is Thinkific's ticker symbol?

The ticker symbol of Thinkific is THNC on TSX.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available