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Think Finance
Business Summary
Founded in 2001, Think Finance is a privately-held company which develops online financial products. Think Finance partners with banks to provide consumers with convenient, affordable alternatives to traditional banking products. Headquartered in Benbrook, Texas, Think Finance's latest product, Elastic, provides customers with access to an affordable emergency cash line of credit and a lower-cost alternative to a traditional bank account. Venture Capital firms, Sequoia Capital, Startup Capital Ventures and Technology Crossover Ventures have invested in Think Finance.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2001 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Fort Worth |
| State/Province: | Texas |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.ThinkFinance.com |
Corporate Organization
| Founders: | Mike Stinson |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Financial > Banking > Commercial Banks |
| Financial > Lending > Personal Lending |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Think Finance fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Think Finance financials to Excel and create your own graphs.)
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Think Finance Revenues ($ MM): |
Think Finance Total Employees: |
Think Finance Productivity (Revenue/Employee) ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2011 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| 2005 | Sequoia Capital | Other | Venture Capital | |
| 2005 | Startup Capital Ventures | Other | Venture Capital | |
| Details | Total Round Other1 $15,000,000 | |||
| 2006 | View | Other | Venture Capital | |
| 2006 | View | Other | Venture Capital | |
| 2006 | View | Other | Venture Capital | |
| Details | Total Round Other2 View | |||
| Sep. 2010 | View | Debt Funding | Private Equity | |
| Details | Total Round Debt Funding3 View | |||
| Total of Funding Shown Above View | ||||
| 1 | Michael Goguen from Seqouoia Capital joined the board of Think Finance - Details → |
| 2 | John Rosenberg of Technology Crossover...Read More → |
| 3 | Think Finance will use this...Read More → |
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Supplemental Resources
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