# Thoma Bravo (slim)

> Thoma Bravo's investments in AI tools on Anchor Terminal, Alation, Inc., Mailgun (Sinch) and Pendo.io, Inc., with each listing's grade and the founders behind it.

- Full: https://www.anchorterminal.com/investors/thoma-bravo/index.md (~650 tokens) · this version ~530 tokens · JSON https://www.anchorterminal.com/investors/thoma-bravo/index.json · canonical https://www.anchorterminal.com/investors/thoma-bravo/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-10-28
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

Venture firm.

Website: https://www.thomabravo.com

## Companies on Anchor Terminal

- **Alation, Inc.**, Series E, November 2022, led a round
  - [Alation](https://www.anchorterminal.com/tools/alation.md), graded C, 60.3/100
  - Source: https://www.alation.com/news-and-press/alation-raises-series-e-funding/
- **Mailgun (Sinch)**, Growth investment, 2019
  - [Mailgun API + MCP](https://www.anchorterminal.com/tools/mailgun.md), graded B, 66.3/100
  - Source: https://www.mailgun.com/about/
- **Pendo.io, Inc.**, Secondary, November 2021, led a round
  - [Pendo](https://www.anchorterminal.com/tools/pendo.md), graded D, 48.3/100
  - Source: https://www.pendo.io/news/pendo-announces-110-million-secondary-investment-led-by-thoma-bravo/

## Where they invest

- Company knowledge & data catalogues, 1
- Email delivery APIs, 1
- Product analytics & experimentation, 1

## Founders they backed

- [Todd Olson](https://www.anchorterminal.com/people/todd-olson/), Pendo.io, Inc.
- [Erik Troan](https://www.anchorterminal.com/people/erik-troan/), Pendo.io, Inc.
- [Rahul Jain](https://www.anchorterminal.com/people/rahul-jain/), Pendo.io, Inc.
- [Eric Boduch](https://www.anchorterminal.com/people/eric-boduch/), Pendo.io, Inc.

## Questions

### Which AI tools has Thoma Bravo invested in?

Anchor Terminal lists Alation, Inc., Mailgun (Sinch) and Pendo.io, Inc.

### How are Thoma Bravo's companies graded?

On Anchor Terminal's benchmark, Alation (C, 60.3), Mailgun API + MCP (B, 66.3) and Pendo (D, 48.3).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source.