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Thunkable

Thunkable

No-code platform for mobile app development

About

Thunkable provides a platform for creating mobile applications without the need for coding. Users can design, develop, and publish apps using a simple drag-and-drop interface, making app development accessible to both beginners and experienced developers. This no-code approach allows individuals and businesses, including hobbyists, educators, and enterprises, to turn their app ideas into reality without technical skills. Thunkable differentiates itself from competitors by offering a freemium model, where users can start for free and access advanced features through subscription plans. The goal of Thunkable is to democratize app development, enabling more people to become creators in the technology space.

Company Stage

Series B

Employees

11-50

Industries

Consumer Software, Education

Total Funding

$33.6M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • The recent $30M Series B funding round led by Owl Ventures provides significant capital for growth and innovation.
  • The launch of Thunkable Organizations enhances collaboration and administration capabilities, making the platform more appealing to larger enterprises.
  • The platform's ability to democratize app development opens up opportunities for a diverse range of users, from hobbyists to large enterprises.

What critics are saying

  • The no-code app development market is becoming increasingly competitive, requiring Thunkable to continuously innovate to stay ahead.
  • Reliance on a subscription-based model means that user retention and conversion from free to paid plans are critical for sustained revenue.

What makes Thunkable unique

  • Thunkable's no-code platform specifically targets non-coders and first-time developers, unlike traditional app development tools that require coding skills.
  • The drag-and-drop interface and Figma integration streamline the app creation process, making it faster and more accessible than competitors.
  • Thunkable's freemium model attracts a broad user base, while tiered subscription plans ensure a steady revenue stream and encourage user upgrades.

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Growth & Insights
Headcount

6 month growth

-25%

1 year growth

-20%

2 year growth

4%

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