About Thinkproject
Thinkproject is a company based in Munchen (Germany) founded in 2000 was acquired by EQT in November 2020.. The company has 39 employees as of April 05, 2024. Thinkproject has completed 5 acquisitions, including CEMAR, Digital Field Solutions and Kairnial. Thinkproject offers products and services including Document & Communication Management, Virtual Design & Construction Management, Quality, Safety, Health & Environment Management, and Analytics. Thinkproject operates in a competitive market with competitors including Procore, Hover, Nemetschek Group, Aconex and Viewpoint, among others.
- Headquarter Munchen, Germany
- Employees 39 as on 05 Apr, 2024
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Thinkproject India Private Limited
- Date of Incorporation 30 Sep, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.02 M (USD)419.01as on Mar 31, 2023
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Net Profit
$218.52 K (USD)450.54as on Mar 31, 2023
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EBITDA
$576.17 K (USD)360.68as on Mar 31, 2023
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Latest Funding Round
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Investors
EQT
& 1 more
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Employee Count
39
as on Apr 05, 2024
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Investments & Acquisitions
CEMAR
& 4 more
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Acquired by
EQT
(Nov 16, 2020)
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Products & Services of Thinkproject
Thinkproject offers a comprehensive portfolio of products and services, including Document & Communication Management, Virtual Design & Construction Management, Quality, Safety, Health & Environment Management, and Analytics. 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.
Platform for updating information and enabling team collaboration on projects.
Tool for improving design coordination and on-site efficiency in construction.
System for enhancing safety and environmental standards in operations.
Converts data into insights for informed business decisions and optimization.
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Software Development Team
36 people
Leadership Team
31 people
Sales and Marketing
23 people
Product Management Team
14 people
Creative and Marketing Team
5 people
Senior Team
4 people
Board Team
2 people
Human Resources and Administration
2 people
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Funding Insights of Thinkproject
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Private Equity Round - Thinkproject | Valuation | TA |
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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 Thinkproject
Thinkproject has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and TA Associates. 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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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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EQT is recognized as a global investment organization focused on value creation.
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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 Thinkproject
Thinkproject has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include CEMAR, Digital Field Solutions and Kairnial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Building information modeling and management services are provided.
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2010 | ||||
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Cloud-based contract management software is provided for construction.
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2005 | ||||
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Thinkproject provides unified platform for collaboration in built asset lifecycle.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Thinkproject
| 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 |
Thinkproject Comparisons
Competitors of Thinkproject
Thinkproject 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 Procore, Hover, Nemetschek Group, Aconex and Viewpoint, 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 |
SaaS project management software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
Provider of management solutions for the construction sector
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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| domain | founded_year | HQ Location |
SaaS-based project management solutions are delivered for construction.
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| domain | founded_year | HQ Location |
SaaS project management software for homebuilders is offered.
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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 Thinkproject
Frequently Asked Questions about Thinkproject
When was Thinkproject founded?
Thinkproject was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is Thinkproject located?
Thinkproject is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
How many employees does Thinkproject have?
As of Apr 05, 2024, the latest employee count at Thinkproject is 39.
What is the annual revenue of Thinkproject?
Annual revenue of Thinkproject is $2.02M as on Mar 31, 2023.
What does Thinkproject do?
Thinkproject was founded in 2000 and is headquartered in Munich, Germany. A SaaS-based platform is provided for cross-enterprise collaboration in the construction and engineering sector. Core modules are available, supplemented by features such as BIM viewing, tender management, document handling, workflow automation, and photo documentation. APIs and integrations are supported to facilitate broader connectivity. Operations focus on project efficiency across distributed teams.
Who are the top competitors of Thinkproject?
Thinkproject's top competitors include Procore, Hover and Nemetschek Group.
What products or services does Thinkproject offer?
Thinkproject offers Document & Communication Management, Virtual Design & Construction Management, Quality, Safety, Health & Environment Management, and Analytics.
How many acquisitions has Thinkproject made?
Thinkproject has made 5 acquisitions, including CEMAR, Digital Field Solutions, and Kairnial.
Who are Thinkproject's investors?
Thinkproject has 2 investors. Key investors include EQT, and TA Associates.