Thinknum has closed a $1 million seed round led by Pejman Mar Ventures. Thinknum builds financial analysis products.
Thinknum, Inc., an innovative web platform for financial analysis today announced the closing of its $1 million seed round led by Pejman Mar Ventures.
“This is an exciting time for Thinknum as we continue to expand our product offerings and user base,” said Justin Zhen, co-founder at Thinknum.
Thinknum was founded in 2013 by Gregory Ugwi and Justin Zhen who met while at Princeton. Although they took different paths to Wall Street, Greg to Goldman Sachs and Justin to a hedge fund, they both encountered the same difficulties that traders face when sharing models.
“It was frustrating to have to email spreadsheets back and forth when building valuation models. In the age of the internet and cloud computing, we found it to be a quite bizarre,” said Greg. Thus, the core idea behind Thinknum was born.
Thinknum builds cutting edge financial analysis products that streamline the investing process by facilitating collaboration and providing easy access to data. Thinknum products are powered by millions of data series from an ever-growing collection of sources.
The platform has signed up thousands of users from leading financial services firms such as Goldman Sachs, Morgan Stanley, and Bridgewater.
Other investors include Signature Capital, Green Visor Capital, 645 Angels, HKB Capital, and 500 Startups.
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