Thinknum

Thinknum

Milestones
Founded 2014Partnered 2016Series A Financing 2018GameStop Market Spike 2021
Category
SaaS

Overview:

Thinknum is a venture-backed alternative data SaaS startup. Thinknum creates datasets from a broad array of public online sources, capturing ephemeral information on the products, operating markets and labor markets of 500,000+ global companies across sectors, and provides rich toolsets for extracting intelligence. As economic activity comes online, new data trails are left behind. Thinknum’s proprietary machine learning algorithms index the public web in real-time, to create more than 35 structured datasets. They track job listings, headcount, social media traction, employee sentiment, product pricing, store locations, and more for over 500,000+ public and private companies around the world daily. Customers access the Thinknum data via an API or a user-friendly UI. No other web data vendor can match the breadth, depth, and quality of their historical and real-time data. Thinknum has 300+ clients across major corporations and investment firms.

Investment Rationale:

645 got introduced to Thinknum co-founder Justin Zhen in 2014. We were quickly impressed and joined with Green Visor Capital to put together a seed investment round for the company, before the business went through 500 Startups Accelerator. At the time, 90% of the world’s data had been created in the previous two years. Thinknum's product filled a gap in the market by enabling financial institutions to perform advanced analytics on data that was previously not able to be analyzed. This, mixed with rapid revenue growth and strong early customers got 645 excited about the opportunity of partnering with this exceptional team.