Thanks Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 110

Employees

  • Latest Deal Type
  • M&A

Thanks General Information

Description

Developer of employee rewards and recognition platform designed to enable companies to better motivate and engage their employees. The company's platform offers corporate recognition and rewards programs that make it easy and fun for employees and managers to recognize and reward one another for milestones, achievements, and more, helping clients by offering an experiential rewards program to create a cycle of success and attract and retain the top talent for the business.

Contact Information

Website
www.thanks.com
Formerly Known As
Kwench Global Technologies Pvt. Ltd.
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly Angel backed
Corporate Office
  • Salt Lake City
  • 1930 South State Street
  • Salt Lake City, UT 84115
  • United States
Primary Industry
Social/Platform Software
Other Industries
Business/Productivity Software
Parent Company
O.C. Tanner Company
Vertical(s)
Corporate Office
  • Salt Lake City
  • 1930 South State Street
  • Salt Lake City, UT 84115
  • United States

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Thanks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 14-Apr-2019 Completed Generating Revenue
4. Angel (individual) 01-Mar-2015 Completed Generating Revenue
3. Seed Round 01-Mar-2009 Completed Startup
2. Grant 01-Jan-2009 $205K $127K Completed Startup
1. Capitalization 01-Jan-2008 $127K $127K Completed Startup
To view Thanks’s complete valuation and funding history, request access »

Thanks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of employee rewards and recognition platform designed to enable companies to better motivate and engage their
Social/Platform Software
Salt Lake City, UT
110 As of 2016

Austin, TX
 

Portland, OR
 
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Thanks Competitors (23)

One of Thanks’s 23 competitors is WorkTango, a Private Equity-Backed company based in Austin, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
WorkTango Private Equity-Backed Austin, TX
Fond Formerly PE-Backed Portland, OR
Bonusly Venture Capital-Backed Boulder, CO
Inspirus Corporate Backed or Acquired Fort Worth, TX
Madison Performance Group Corporation New York, NY
You’re viewing 5 of 23 competitors. Get the full list »

Thanks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Thanks Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
BVC Ventures Accelerator/Incubator Minority
Graycell Ventures Venture Capital Minority
Indian Angel Network Angel Group Minority
Notes in Risk-taking Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

Thanks FAQs

  • When was Thanks founded?

    Thanks was founded in 2008.

  • Where is Thanks headquartered?

    Thanks is headquartered in Salt Lake City, UT.

  • What is the size of Thanks?

    Thanks has 110 total employees.

  • What industry is Thanks in?

    Thanks’s primary industry is Social/Platform Software.

  • Is Thanks a private or public company?

    Thanks is a Private company.

  • What is Thanks’s current revenue?

    The current revenue for Thanks is .

  • How much funding has Thanks raised over time?

    Thanks has raised $1.03M.

  • Who are Thanks’s investors?

    , BVC Ventures, Graycell Ventures, Indian Angel Network, and Notes in Risk-taking are 5 of 8 investors who have invested in Thanks.

  • Who are Thanks’s competitors?

    WorkTango, Fond, Bonusly, Inspirus, and Madison Performance Group are some of the 23 competitors of Thanks.

  • When was Thanks acquired?

    Thanks was acquired on 14-Apr-2019.

  • Who acquired Thanks?

    Thanks was acquired by O.C. Tanner Company.

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