
Thankful
Developer of an automation software created to improve online customer service.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
$12.0m | Series A | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 203 % | 68 % | 61 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Thankful operates as a specialized artificial intelligence platform focused on automating customer service for the retail and e-commerce sectors. Founded in 2018 by CEO Ted Mico and co-founder Evan Tann, the Venice, California-based company was born from Mico's personal frustrations with inefficient customer support experiences. His background, which spans over 25 years in digital disruption, including roles in the music industry and as COO at the ad-tech firm MirriAd, provided a unique perspective on transforming legacy systems.
The company's core offering is an AI agent that integrates directly into a client's existing helpdesk infrastructure, such as Zendesk, Kustomer, and Gladly. This agent is engineered to handle a high volume of post-purchase customer inquiries across all written communication channels, including email, chat, social media, and SMS. By automating tasks like routing, tagging, and fully resolving common customer problems, the platform enables human agents to concentrate on more complex and high-value interactions. Thankful's business model involves a platform fee that is based on the volume of inquiries handled.
The product suite consists of three main components: AI Agent, Agent Assist, and Insight. The AI Agent works autonomously to resolve issues, while Agent Assist provides AI-driven suggestions and information to human staff. The Insight tool offers real-time analytics on support metrics, helping to identify trends and operational issues. A key event in the company's journey was its acquisition by Gladly in July 2023. This merger integrated Thankful's technology into Gladly's platform, creating a new solution named Sidekick, which combines generative AI with no-code automation to offer more personalized and scalable customer service.
Financially, Thankful secured $12 million in a Series A funding round in September 2021, led by Alpha Edison with participation from firms like Bonfire, Ten-One-Ten, and Greycroft. This capital was aimed at product development and scaling the enterprise business before the acquisition. The company serves notable clients such as Crate & Barrel, FabFitFun, MeUndies, and Bombas.
Keywords: customer service automation, AI agent, e-commerce support, retail technology, post-purchase experience, helpdesk automation, customer support AI, AI chatbot, automated ticketing, customer query resolution, sentiment analysis, generative AI, natural language processing, omnichannel support, Ted Mico, Gladly, Sidekick, customer service analytics, AI-powered support, retail customer service, automated responses, ticket resolution, e-commerce AI