ThinQ
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ThinQ - overview
Established
2009
Location
Raleigh, NC, US
Primary Industry
Software
About
ThinQ specializes in advanced communication solutions, focusing on voice and text messaging APIs, designed to enhance customer engagement across various industries. ThinQ, founded in 2009, is based in Raleigh, US, providing efficient communication solutions through its API platform. The company has raised USD 24. 00 mn in funding, with the latest round being a GROWTH round led by Turn/River Capital in October 2018.
Founders include Aaron Leon, Evin Hunt, Fabiana Reyna, Madhav Kaushish, and Michael Tindall, with Aaron Leon serving as CEO. ThinQ offers a comprehensive suite of communication solutions centered around its voice and text messaging API platform. Core products include OneRate™ Voice, which optimizes calling costs through simplified billing, and SignatureCalling™, enhancing call trust via verified Branded Calling ID technology. Additionally, ThinQ provides InstantApp™, transforming SMS into interactive experiences, and RCS Business Messaging for multimedia engagement.
The company serves over 1,500 businesses in various sectors, including education, financial services, and healthcare, primarily across North America. ThinQ's revenue is primarily derived from subscription-based transactions and service fees associated with its API offerings. Clients engage through direct partnerships, integrating ThinQ's solutions into their infrastructures, with pricing varying by service. Key offerings like OneRate™ Voice and SignatureCalling™ form the backbone of client transactions, supported by customer service included at no extra cost, fostering long-term partnerships and expanding usage across applications.
ThinQ plans to leverage its recent funding of USD 24. 00 mn from the GROWTH round to enhance its product offerings and explore new markets. New products are in development to further enhance its API capabilities. The company aims to expand its presence in additional regions, targeting growth in sectors that benefit from advanced communication solutions, with strategic initiatives expected to unfold in the coming years.
Current Investors
Turn/River Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Telecoms Providers & Services
Website
www.thinq.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Growth Stage/Expansion
Total Amount Raised
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