ThinkTank

Denver, United States Founded: 1989 • Age: 37 yrs Acquired By Accenture
Collaboration software is offered for enterprise process optimization.
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About ThinkTank

ThinkTank is a company based in Denver (United States) founded in 1989 was acquired by Accenture in May 2021.. ThinkTank has raised $20 million across 2 funding rounds from investors including Accenture, Amadeus Capital Partners and AP6. The company has 18 employees as of December 31, 2022. ThinkTank offers products and services including Consulting Services, AI Solutions, and Cloud Services. ThinkTank operates in a competitive market with competitors including Atlassian, Asana, monday.com, UserZoom and Clickup, among others.

  • Headquarter Denver, United States
  • Employees 18 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Groupsystems Corporation
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Accenture

    & 3 more

  • Employee Count
    18

    as on Dec 31, 2022

  • Acquired by
    Accenture

    (May 04, 2021)

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Products & Services of ThinkTank

ThinkTank offers a comprehensive portfolio of products and services, including Consulting Services, AI Solutions, and Cloud Services. 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

Strategic advice for digital transformation and operations

AI-powered tools for customer experiences and efficiency

Cloud platforms for business scalability and innovation

Funding Insights of ThinkTank

ThinkTank has successfully raised a total of $20M across 2 strategic funding rounds. 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
  • First Round

    (06 Oct 2015)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series A - ThinkTank Valuation

investors

Oct, 2015 Amount Series A - ThinkTank Valuation Amadeus Capital , AP6
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 ThinkTank

ThinkTank has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Accenture, Amadeus Capital Partners and AP6. 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
Institutional
Investor Description Founded Year Domain Location
Early-stage deep technology investments are made by Amadeus Capital.
Founded Year Domain Location
Private equity firm investing in multiple sectors
Founded Year Domain Location
Private equity and debt are provided to middle market companies.
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 ThinkTank

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 - ThinkTank

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

Thinktank Comparisons

Employees
+
Add Comparison
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Competitors of ThinkTank

ThinkTank 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 Atlassian, Asana, monday.com, UserZoom and Clickup, 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 enterprise collaboration suites are delivered for team productivity.
domain founded_year HQ Location
Cloud-based project management software is offered for teams.
domain founded_year HQ Location
Cloud-based platform for project management and team tracking is offered.
domain founded_year HQ Location
Cloud-based platform for user experience research and testing is utilized.
domain founded_year HQ Location
Cloud based project management platform
domain founded_year HQ Location
Integrated documents and spreadsheets are utilized for team project management.
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 Thinktank

Frequently Asked Questions about ThinkTank

When was ThinkTank founded?

ThinkTank was founded in 1989 and raised its 1st funding round 26 years after it was founded.

Where is ThinkTank located?

ThinkTank is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Is ThinkTank a funded company?

ThinkTank is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Oct 06, 2015.

How many employees does ThinkTank have?

As of Dec 31, 2022, the latest employee count at ThinkTank is 18.

What does ThinkTank do?

ThinkTank was founded in 1989 and is headquartered in Denver, United States. Collaboration-as-a-service software is provided by the company for enterprises seeking to optimize workflows and processes. Applications are developed for agenda design, crowdsourcing, crowd computing, and collaborative solutions supporting workgroups, projects, strategic initiatives, and organizational tasks. Services are utilized by large organizations including Procter Gamble, FMC Technologies, and NASA to facilitate employee collaboration on innovation projects.

Who are the top competitors of ThinkTank?

ThinkTank's top competitors include Atlassian, monday.com and Coda.

What products or services does ThinkTank offer?

ThinkTank offers Consulting Services, AI Solutions, and Cloud Services.

Who are ThinkTank's investors?

ThinkTank has 4 investors. Key investors include Accenture, Amadeus Capital Partners, AP6, and The Riverside Company.

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