Washington Harbour Partners Makes Strategic Investment into Thunder to Propel Growth in Data Cloud and AI

Washington Harbour Partners Makes Strategic Investment in Thunder

In a significant move aimed at fostering growth in the technology sector, Washington Harbour Partners LP has announced a growth capital investment in Thunder, a formidable player in Salesforce consulting and managed services. This strategic investment is expected to amplify Thunder’s capabilities in data analytics and AI practices, enhancing its standing as a prominent Salesforce partner.

Carter Wigell, CEO of Thunder, expressed excitement about this new partnership, stating, “We’re delighted to welcome Washington Harbour to Thunder as we shape the future of intelligent, data-driven engagement.” This collaboration underscores the commitment of both parties to drive innovation within the Salesforce ecosystem, reinforcing Thunder's objective of becoming a leading provider for Data Cloud and AI services.

Founded in 2020, Thunder has rapidly established itself as a cutting-edge Salesforce and Cloud integration partner, renowned for its tech-forward strategies and exceptional service delivery. The company has successfully built a reputation among high-growth industry clients who count on its expertise in managing critical systems and initiatives. The backing of seasoned investors, including Salesforce Ventures, has further validated Thunder’s business model.

Salesforce Ventures has been an integral part of Thunder’s journey. Jim Steele, President of Global Strategic Customers and Partners at Salesforce, commented, “Salesforce Ventures’ continued involvement as a stockholder in Thunder speaks volumes regarding our confidence in the company’s growth potential.” This trust is evidenced by Thunder’s rapid ascent in the highly competitive Salesforce partner landscape.

The investment from Washington Harbour will bolster Thunder’s development of advanced cloud, data, and AI solutions, leading to increased efficiency and reduced costs in client CRM deployments. As part of this investment strategy, Thunder aims to enhance its managed service solution, Amplify, while also developing innovative tools to ensure faster project delivery with minimized risk and complexity.

Mina Faltas, Founder and Chief Investment Officer of Washington Harbour, emphasized the alignment between Thunder's mission and the evolving Salesforce ecosystem, particularly with the introduction of technologies such as Agentforce and developments in Data Cloud. “Thunder’s innovative practices, outstanding reputation, and dedication to customer success position it as a category leader,” he noted.

Additionally, as part of this investment deal, Washington Harbour will have a seat on Thunder’s Board of Directors, promising a strategic involvement in guiding the company’s future directions and growth opportunities.

In summary, this partnership marks a pivotal moment for both Washington Harbour and Thunder. By aligning resources and expertise, they aim to push the boundaries of innovation within the Salesforce ecosystem, ensuring that Thunder is well-equipped to meet the growing demands of data-driven business solutions. This investment not only enhances Thunder’s operational capabilities but also solidifies its future as a forward-thinking player in the cloud consulting arena.

For more information about Washington Harbour Partners, visit Washington Harbour and to explore Thunder’s offerings, check Thunder.