ThinkLite

ThinkLite

Acquired
thinklite.com·United States·Updated Jun 13, 2018

LED lighting company using algorithms and decision trees to automate the analysis, design, and manufacturing of energy-efficient lighting systems.

HardwareSaaS

Est. Valuation

$42.5M

$42,499,980 · 5× ARR estimate

Monthly Revenue (MRR)

$708.3K

$708,333/mo

Annual Revenue (ARR)

$8.5M

$8,499,996/yr

Employees

60

ThinkLite Revenue History

Revenue history for ThinkLite from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$708,333$8,500,000Jun 2018

How ThinkLite Makes Money

mixed

ThinkLite Funding

ThinkLite is fully bootstrapped with no outside funding. The company has grown to $8,499,996 ARR organically.

ThinkLite Founders

Enrico Palmerino

Founder

ThinkLite FAQ

How much does ThinkLite make?
ThinkLite generates $708,333 in monthly recurring revenue (MRR), which is $8,499,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is ThinkLite's valuation?
ThinkLite's estimated valuation is $42,499,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded ThinkLite?
ThinkLite was founded by Enrico Palmerino (Founder). The company is based in US.
Is ThinkLite bootstrapped?
Yes, ThinkLite is fully bootstrapped with no outside funding. The company has grown to $8,499,996 ARR organically as a solo-founder business.
What does ThinkLite do?
LED lighting company using algorithms and decision trees to automate the analysis, design, and manufacturing of energy-efficient lighting systems. ThinkLite operates in the Hardware, SaaS space.

How We Estimate ThinkLite'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.