Thinknum announced today that it has closed a new round of equity financing from existing investors. This raise provides ample capital for the company to accelerate its alternative data offerings and expand into new market segments.

Thinknum is a leading provider of alternative data for financial institutions and corporations. Thinknum enables institutional investors to generate Alpha-producing investment ideas and allows corporations to gain differentiated insights that answer important business questions. It provides a SaaS-based web platform with an easy-to-use interface that appeals to clients with varying levels of data sophistication.

Thinknum is pleased to welcome Rick Spitler as Chairman of its Board of Directors. Mr. Spitler co-founded Novantas, a leading fintech provider of advanced decision support systems and data. Novantas merged with Informa’s FBX business in 2021 as part of a sale forming Curinos, where Rick currently serves as Head of Brand and Partnerships. Rick brings 30+ years of experience and executive leadership to Thinknum.

"I am excited about joining the Thinknum board,"  says Mr. Spitler.  "Its talent pool, offerings and reputation are outstanding and provide a terrific platform for future growth.  The alternative data category is enabling new opportunities for predictive and prescriptive analytics which Thinknum is squarely positioned to support."

Thinknum will continue to provide a variety of high-quality alternative data offerings that offer significant value to clients.