ThoughtExchange
PrivateLast Round
Series C
Nov 30, 2023
Total Funding Raised
$51.5M
Momentum Score
25 /100
Company Overview
ThoughtExchange, founded in 2009, provides a cloud-based software platform that utilizes artificial intelligence for engagement and surveys. The company's technology is designed to facilitate large-scale, real-time conversations by allowing leaders to ask open-ended questions and gather qualitative feedback from groups ranging from ten to hundreds of thousands of participants. The platform uses AI to analyze and theme the responses, helping organizations identify key insights and priorities. ThoughtExchange serves clients in the education, public, and corporate sectors. The company is venture-backed, having raised $57.8 million across multiple funding rounds, including a $13.5 million Series C in December 2023. In January 2025, ThoughtExchange acquired Sparrow Connected to enhance its engagement and communications capabilities.
Sector
Enterprise Software
Verticals
Vertical SaaS, Enterprise Communication, Business Intelligence, NLP & Conversational AI
Business Model
B2G
Customer Profile
Subscription SaaS, Government Contracts, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
ThoughtExchange Comps
Public and private peers based on sector, stage, and business model.
ThoughtExchange Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Nov 30, 2023 | ||||
| Series B Extension | Nov 10, 2020 | ||||
| Series B Extension | Jun 29, 2020 | ||||
| Series B | Dec 5, 2019 | ||||
| Convertible Debt | Jan 30, 2019 |
Key People
Founding team and executive leadership
ThoughtExchange Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| First Generation Capital | Series C |
| Yaletown Partners | Series B Extension, Series C, Series B, Convertible Debt |
| InBC Investment Corp. | Series C |
| Information Venture Partners | Series B Extension, Series C, Series B |
| Government of British Columbia | Series C |
| HarbourVest Partners | Series C, Series B Extension |
| Voyager Capital | Series B Extension, Series C, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 6, 2025
Partnered with the National School Public Relations Association (NSPRA).
- Apr 2, 2025
Partnered with District Administration to gather insights in the K-12 sector.
ThoughtExchange Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about ThoughtExchange's valuation, stock price, and market status.