About Thinnect
Thinnect is a company based in Sunnyvale (United States) founded in 2013.. Thinnect has raised $1.7 million across 4 funding rounds from investors including Plug and Play Tech Center, Band of Angels and Alchemist Accelerator. Thinnect offers products and services including airPurity, Smart Facility, and VIRAL. Thinnect operates in a competitive market with competitors including Particle, eero, ecobee, Signify and Landis+Gyr, among others.
- Headquarter Sunnyvale, United States
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Sectors
Business ServicesTechnology Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Thinnect Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.7 M (USD)
in 4 rounds
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Latest Funding Round
$1.7 M (USD), Seed
May 04, 2017
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Investors
Plug and Play Tech Center
& 2 more
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Employee Count
Employee Count
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Products & Services of Thinnect
Thinnect offers a comprehensive portfolio of products and services, including airPurity, Smart Facility, and VIRAL. 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.
Monitors indoor climate for users and building managers.
Optimizes building energy efficiency through smart systems.
Assesses Covid-19 infection risks in buildings.
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Funding Insights of Thinnect
Thinnect has successfully raised a total of $1.7M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 million completed in May 2017. 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 4
- Last Round Seed — $1.7M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Seed - Thinnect | Valuation |
investors |
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| May, 2017 | Amount | Grant - Thinnect | Valuation |
investors |
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| Oct, 2015 | Amount | Seed - Thinnect | Valuation |
investors |
| 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 Thinnect
Thinnect has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Band of Angels and Alchemist Accelerator. 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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Angel investing in high-tech and life science startups since 1994.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Enterprise startups are accelerated via a 6-month program.
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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 Thinnect
| 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 - Thinnect
| 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 |
Thinnect Comparisons
Competitors of Thinnect
Thinnect 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 Particle, eero, ecobee, Signify and Landis+Gyr, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Mesh-based connectivity solutions for IoT applications are provided.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Thinnect
When was Thinnect founded?
Thinnect was founded in 2013.
Where is Thinnect located?
Thinnect is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Who is the current CEO of Thinnect?
Jurgo Preden is the current CEO of Thinnect.
Is Thinnect a funded company?
Thinnect is a funded company, having raised a total of $1.7M across 4 funding rounds to date.
What does Thinnect do?
Founded in 2013 in Sunnyvale, United States, IoT-based lighting solutions are provided in the smart technology sector. Commercial wireless lighting is supplied to lighting companies, alongside intelligent street lighting and IoT networking capabilities. Food safety solutions are developed to automate handling processes, while building energy monitoring sensors track environmental conditions. Intelligent street light control systems are also implemented for urban infrastructure management.
Who are the top competitors of Thinnect?
Thinnect's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Thinnect offer?
Thinnect offers airPurity, Smart Facility, and VIRAL.
Who are Thinnect's investors?
Thinnect has 3 investors. Key investors include Plug and Play Tech Center, Band of Angels, and Alchemist Accelerator.