ThinkWhy LLC
2024 Revenue
$3M
Funding
$0
YOY
14.2%
Team
22
Founded
2018
How ThinkWhy LLC CEO Ronald Johnsey grew to $3M revenue with a 22 person team in 2024.
ThinkWhy creates US labor market software that supports better career lives.
The company's flagship product, LaborIQ, is a dynamic platform that helps employers understand metro performance, talent supply and demand, salaries by occupation and benchmark individual and team salaries - with actionable answers to support strategic business planning.
Last updated
ThinkWhy LLC Revenue
In 2024, ThinkWhy LLC's revenue reached $3M. The company previously reported $2.6M in 2023. Since its launch in 2018, ThinkWhy LLC has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | ThinkWhy LLC Hit $3m revenue in October 2024 | |
| 2023 | ThinkWhy LLC Hit $2.6m revenue in December 2023 | |
| 2021 | ThinkWhy LLC Hit $2.6m revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
ThinkWhy LLC Valuation, Funding Rounds
ThinkWhy LLC is a bootstrapped HRMS & HCM Software startup. Founded in 2018, ThinkWhy LLC has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded HRMS & HCM Software SaaS company, ThinkWhy LLC has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Ronald Johnsey
CEO
Ronald G. Johnsey is the founder and chief executive officer of ThinkWhy LLC. Previously, he served 23 years as founder and CEO of Axiometrics Inc., a SaaS platform and industry-leading provider of apartment and student housing market data. He is an experienced visionary, creating innovative solutions and building companies from the ground up.After a successful exit to a publicly traded competitor in 2017, Johnsey founded Growth Destiny LP. In early 2018, Johnsey began the vision and solution architecture for ThinkWhy with a focus on helping people find meaning and value in the workplace. Johnsey has more than 35 years of experience in developing, financing, marketing and managing high-profile commercial and residential properties, worth more than $1 billion, in major U.S. markets. Johnsey was formerly director and member of the executive and asset management committees of ConCap Equities Inc., and has had senior positions with The First National Bank of Chicago, Texas Commerce Bank, The Farb Co. and Dimension Development Co. He was also vice president of acquisitions and asset management with Canadian merchant banking company Gordon Investment Corp. He is an advisory director for the Real Estate Research Institute and Chandan Economics. Johnsey received his B.A. from Birmingham Southern College, a Master of Business Administration from Emory University and a J.D. from Cumberland School of Law.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for ThinkWhy LLC yet.
ThinkWhy LLC Employees & Team Size
ThinkWhy LLC employs approximately 22 people as of 2026, down from 27 in 2023, including 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 22 employees (October 2024) |
| 2023 | Reached 27 employees (December 2023) |
| 2022 | Reached 35 employees (December 2022) |
| 2021 | Reached 32 employees (December 2021) |
| 2021 | Reached 31 employees (April 2021) |
Frequently Asked Questions about ThinkWhy LLC
What is ThinkWhy LLC's revenue?
ThinkWhy LLC generates an estimated $3M in annual revenue.
Who founded ThinkWhy LLC?
ThinkWhy LLC was founded by Ronald Johnsey.
Who is the CEO of ThinkWhy LLC?
The CEO of ThinkWhy LLC is Ronald Johnsey.
How much funding does ThinkWhy LLC have?
ThinkWhy LLC is bootstrapped and has not raised outside funding.
How many employees does ThinkWhy LLC have?
ThinkWhy LLC has 22 employees.
Where is ThinkWhy LLC headquarters?
ThinkWhy LLC is headquartered in Dallas, Texas, United States.
Compare ThinkWhy LLC to the industry
ThinkWhy LLC operates across multiple industries. Browse revenue, funding, and growth data for ThinkWhy LLC in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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