Thinkific

Thinkific

thinkific.com·Canada·Updated Jan 3, 2024

Thinkific is a SaaS platform that enables creators, coaches, and businesses to build and sell online courses, memberships, and digital products under their own brand.

SaaSEducationNo-CodeMarketing

Est. Valuation

$300M

$300,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$5M

$5,000,000/mo

Annual Revenue (ARR)

$60M

$60,000,000/yr

Employees

280

Founded

2012

Thinkific Revenue History

Revenue history for Thinkific from 2024 to 2026.

YearMRRARRYoY GrowthSource
2024$5,000,000$60,000,000Jan 2024

How Thinkific Makes Money

subscriptions

Thinkific Funding

Thinkific is fully bootstrapped with no outside funding. The company has grown to $60,000,000 ARR organically.

Thinkific Founders

Greg Smith

Co-founder & CEO

Matt Smith

Co-founder

Miranda

Co-founder

Thinkific FAQ

How much does Thinkific make?
Thinkific generates $5,000,000 in monthly recurring revenue (MRR), which is $60,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Thinkific's valuation?
Thinkific's estimated valuation is $300,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Thinkific?
Thinkific was founded in 2012 by Greg Smith (Co-founder & CEO), Matt Smith (Co-founder), Miranda (Co-founder). The company is based in CA.
Is Thinkific bootstrapped?
Yes, Thinkific is fully bootstrapped with no outside funding. The company has grown to $60,000,000 ARR organically.
What does Thinkific do?
Thinkific is a SaaS platform that enables creators, coaches, and businesses to build and sell online courses, memberships, and digital products under their own brand. Thinkific operates in the SaaS, Education, No-Code space.

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How We Estimate Thinkific's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.