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)
HR Tech, Industrials, SaaS, TMT
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 00.000 Completed Generating Revenue
4. Angel (individual) 01-Mar-2015 00000 00.000 Completed Generating Revenue
3. Seed Round 01-Mar-2009 00000 00000 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
00.000
000000&0 00.000

000000

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00000000000000000000
Fort Worth, TX
00 As of 0000
000000&0

000000

eprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Exc
00000000000000000000
Austin, TX
00 As of 0000
00.000
000000000
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Thanks Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Inspirus Corporate Backed or Acquired Fort Worth, TX 00 000000&0
WorkTango Private Equity-Backed Austin, TX 00 00.000 000000000
Fond Formerly PE-Backed Portland, OR 000 000.00 000000000000 000.00
Bonusly Venture Capital-Backed Boulder, CO 00 0000 00000000000 0000
Good Thnx Venture Capital-Backed Adelaide, Australia 0 00000 000000000000 00000
You’re viewing 5 of 24 competitors. Get the full list »

Thanks Executive Team (7)

Name Title Board Seat
Sheetal Jotwani Finance Manager
You’re viewing 1 of 7 executive team members. Get the full list »

Thanks Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Thanks Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Ajai Chowdhry Angel (individual) Minority 000 0000 000000 0
Graycell Ventures Venture Capital Minority 000 0000 000000 0
Indian Angel Network Angel Group Minority 000 0000 000000 0
Pramod Bhasin Angel (individual) Minority 000 0000 000000 0
Rajan Anandan Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »

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Thanks FAQs

  • When was Thanks founded?

    Thanks was founded in 2008.

  • Who is the founder of Thanks?

    Krishnan Madhabushi, Vivek Chauhan, Prashant Koshy, Sunder Nookala, and Mitesh Damania are the founders of Thanks.

  • 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 00000.

  • How much funding has Thanks raised over time?

    Thanks has raised $1.03M.

  • Who are Thanks’s investors?

    Ajai Chowdhry, Graycell Ventures, Indian Angel Network, Pramod Bhasin, and Rajan Anandan are 5 of 7 investors who have invested in Thanks.

  • Who are Thanks’s competitors?

    Inspirus, WorkTango, Fond, Bonusly, and Good Thnx are some of the 24 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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