ThingWorx Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $112M

ThingWorx General Information


Developer of an application platform designed for applications connecting people, systems and devices. The company develops technology that lets companies create and deploy secure connected applications, whether they're in the cloud, on an intranet or on an embedded platform. It provides disruptive change required to catalyze operational innovation creating a more efficient and sustainable world.

Contact Information

Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Software Development Applications
Other Industries
Application Software
Corporate Office
  • 350 Eagleview Boulevard
  • Suite 150
  • Exton, PA 19341
  • United States
+1 (610) 000-0000

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ThingWorx Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 30-Dec-2013 $112M 000.00 00000 Completed Generating Revenue
3. Later Stage VC (Series C) 06-Feb-2013 000 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series B) 16-Feb-2011 $5M $6.6M 000.00 Completed Generating Revenue
1. Early Stage VC (Series A) $1.6M $1.6M 00.00 Completed
To view ThingWorx’s complete valuation and funding history, request access »

ThingWorx Cap Table

Stock # of Shares
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 0,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
Series B 0,000,000 00.000000 00 00.0 00.00 00 00.0 00.000
Series A 1,670,000 $0.000010 8% $1 $2 2x $1 17.47%
To view ThingWorx’s complete cap table history, request access »

ThingWorx Comparisons

HQ Location
Total Raised
Post Valuation
Developer of an application platform designed for applications connecting people, systems and devices. The company devel
Software Development Applications
Exton, PA
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Dallas, TX


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Minneapolis, MN
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000000000000 000.00
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ThingWorx Competitors (20)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
XMpro Corporation Dallas, TX
Perfecto Private Equity-Backed Minneapolis, MN 000 000.00 000000000000 000.00
Cloud Elements Formerly VC-backed Denver, CO 000 000.00 000000&0 000.00
Davra Venture Capital-Backed Sunnyvale, CA 00 00.000 000000000000 00.000
App Orchid Venture Capital-Backed San Ramon, CA 000 000.00 0000000000 0 000.00
You’re viewing 5 of 20 competitors. Get the full list »

ThingWorx Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Momenta Ventures Venture Capital Minority 000 0000 000000 0
Safeguard Scientifics Venture Capital Minority 000 0000 000000 0
To view ThingWorx’s complete investors history, request access »

ThingWorx Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Palantiri Systems 28-Jun-2011 0000000000 Communication Software 0000000 0
To view ThingWorx’s complete acquisitions history, request access »

ThingWorx FAQs

  • When was ThingWorx founded?

    ThingWorx was founded in 2009.

  • Who is the founder of ThingWorx?

    Russell Fadel, John Richardson, and Rick Bullotta are the founders of ThingWorx.

  • Where is ThingWorx headquartered?

    ThingWorx is headquartered in Exton, PA.

  • What industry is ThingWorx in?

    ThingWorx’s primary industry is Software Development Applications.

  • Is ThingWorx a private or public company?

    ThingWorx is a Private company.

  • What is the current valuation of ThingWorx?

    The current valuation of ThingWorx is 00000.

  • What is ThingWorx’s current revenue?

    The current revenue for ThingWorx is 00000.

  • How much funding has ThingWorx raised over time?

    ThingWorx has raised $14.6M.

  • Who are ThingWorx’s investors?

    Momenta Ventures and Safeguard Scientifics have invested in ThingWorx.

  • Who are ThingWorx’s competitors?

    XMpro, Perfecto, Cloud Elements, Davra, and App Orchid are some of the 20 competitors of ThingWorx.

  • When was ThingWorx acquired?

    ThingWorx was acquired on 30-Dec-2013.

  • Who acquired ThingWorx?

    ThingWorx was acquired by PTC.

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