Where is Thanks located?

Thanks is located in Sydney, Australia .

Who is the current CEO of Thanks?

Steven Tesoriero and Doron Ostrin are the current CEOs of Thanks.

Is Thanks a funded company?

Thanks is a funded company, its first funding round was on Mar 11, 2025.

When was the latest funding round of Thanks?

Thanks's latest funding round was on Mar 11, 2025.

Where does Thanks rank among its competitors?

Thanks ranks 4 amongst 29 active competitors.

Who are the top competitors of Thanks?

Thanks' top competitors are Nift, Merit Incentives and Bonat.

Thanks - 2025 Company Profile, Team, Funding & Competitors - Tracxn

Company Details

Coupon based loyalty platform for customers. It rewards users via coupon for the transactions. The platform provides rewards from different brands to optimize customer engagement through discounts and offers. The rewards are personalized based on customer behaviour and preferences.

Website: www.thanks.co/
Email ID: *****@jointhanks.com

Key Metrics

Founded Year

2023

Location

Sydney, Australia

Stage

Seed

Total Funding

$2.6M in 1 round

Latest Funding Round

Seed, Mar 11, 2025, $2.6M

Investors

Founder Collective & 2 more

Ranked

4^th among 29 active competitors

Similar Companies

Nift & 32 more

Thanks is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THANKS AD PTY LTD CIN: 665 397 062 Australia, Active	Nov 15, 2024	-	-	-

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Thanks has raised a total funding of $2.6M over 1 round. Its latest funding round was a Seed round on Mar 11, 2025 for $2.6M. 3 investors participated in its latest round, which includes Founder Collective, Peak XV Partners and Side Stage Ventures.

Thanks has 3 institutional investors including Founder Collective, Peak XV Partners and Side Stage Ventures.

Here is the list of recent funding rounds of Thanks:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Mar 11, 2025	$2.6M	Seed	9515138	7219144	Peak XV Partners, Founder Collective, and 1 more

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View details of Thanks's funding rounds and investors

The founders of Thanks are Steven Tesoriero, Cayley Ostrin and Doron Ostrin. Steven Tesoriero and Doron Ostrin are the CEOs of Thanks.

Here are the details of Thanks' key team members:

Steven Tesoriero: Co-Founder & Co-CEO of Thanks.
Cayley Ostrin: Co-Founder of Thanks.
Doron Ostrin: Co-Founder & Co-CEO of Thanks.
Contact Info: 1 email address

View details of Thanks's Founder profiles and Board Members

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Top competitors of Thanks include Nift, Merit Incentives and Bonat. Here is the list of Top 10 competitors of Thanks, ranked by Tracxn score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nift 2014, Cambridge (United States), Series A	Rewards network for small businesses	$19.5M	Spark Capital, Accomplice & 2 others	55/100
2nd	Merit Incentives 2016, Dubai (United Arab Emirates), Series B	Customer engagement and loyalty management platform	$45M	Stride Ventures, Idrisi Ventures & 5 others	48/100
3rd	Bonat 2018, Riyadh (Saudi Arabia), Series A	Platform offering app based loyalty software	-	Impact46, Wa'ed Ventures & 1 others	46/100
4th	Thanks 2023, Sydney (Australia), Seed	Coupon based loyalty platform for customers	$2.6M	Founder Collective, Peak XV Partners & 1 others	38/100
5th	Simple Discounts Australia, Unfunded	Provides discounts for tenants for paying bills	-	-	30/100
6th	eCard Systems 2001, Brentwood (United States), Acquired	Card-based gift and loyalty program solutions	-	Hunter Trust, Housatonic & 4 others	29/100
7th	Transaction Wireless 2006, San Diego (United States), Acquired	Digital gift cards and marketing platform	$4.25M	Mission Ventures, Okapi Venture Capital	27/100
8th	PLATFOS 2015, Seongnam-si (South Korea), Funding Raised	Provider of cloud based mobile voucher solutions for offline retailers	-	Kakao Ventures, RISE	27/100
9th	Goodies Card 2019, Kottayam (India), Deadpooled	Loyalty cards collection portal	-	-	25/100
10th	Enjovia 2013, United Kingdom, Seed	Gift card management system and gift card system software	$282K	Wesley Clover, Alacrity & 1 others	25/100