TH_NK has received £1m of growth capital funding from international venture capital company, Beringea. The investment will be used to drive forward our next phase of expansion and strengthen our position as one of the UK’s leading digital agencies.
The capital funding will be invested in our creative team in London as well as being used to strengthen our planning and strategic capability in everything from digital marketing and eCRM to social media and everything in between. We will also be investing in our technology and experience-design teams as well as enhancing our online insights and analytics team to help us to add even more value to our business proposition.
Trevor Hope, Beringea’s Chief Investment Officer will be joining our board as a non-executive director to help us to achieve our next phase of growth and development.
For a young agency, TH_NK has an enviable client list – built upon its reputation for delivering digital solutions that combine excellent creativity with cutting-edge technology and an impressive understanding of user experience. This creativity is backed by a strong, ambitious management team with a clear vision for future growth. I am confident that TH_NK are well placed to thrive in the continually evolving digital market place and look forward to working with them.
Trevor HopeChief Investment Officer, Beringea
The funding will come from ProVen VCT, one of the venture capital trusts managed by Beringea. In addition to the funding, Beringea will be supporting TH_NK with its digital experience and network of industry executives, entrepreneurs and thought leaders.
Our investment from Beringea will allow us to strengthen our position as a leading digital agency and capitalise on a number of growth opportunities within a challenging economic climate. The investment couldn’t have come at a better time, what with the recent appointment of our new MD, Lynne Davidson, and a stream of new business, including LG, Anthropologie and Curtis Brown. We’re delighted that Trevor is joining our board and helping TH_NK to expand not just on a national scale, but internationally too.
Tarek NseirChief Executive, TH_NK