Thread logo — Thread, the leader of enterprise-scale autonomous data colle...

Thread

Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights.

Founded 2019 United States Grand Forks, United States 57 employees Series A Total: $19.84M Data Analytics, IT +2

General Information

Company Name Thread
Founded Year 2019
Location United States Grand Forks, United States
Employees 57
Industries Data Analytics, IT, Information Technology +1
Funding Stage Series A
Social

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About Thread

Thread, founded in 2019 and headquartered in the United States, is positioning itself as a leader in the realms of Data Analytics, IT, and Robotics. Their slogan, “Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights,” underlines their commitment to innovation in electric utility and generation sectors.

The company’s UNITI Workspace is pivotal to their offering, specializing in asset data management, workflow automation, and collaboration tools. This platform promises to modernize and streamline data collection processes, presenting substantial value to businesses seeking precise inspection insights.

In its latest funding round, Thread secured a $15.00M Series A investment as of 10 October 2023. Noteworthy investors, including Excell Partners, O'Leary Ventures, and Rosecliff Ventures, among others, showcase a strong financial backing that could drive Thread's growth and market penetration.

Taxonomy: Autonomous Data Collection, Enterprise SaaS, Electric Utilities, Asset Data Management, Workflow Automation, Inspection Insights, Airtonomy, UAS Operations, Robotic Data Collection, Machine Learning Models, Computer Vision, Energy Asset Inspection, Utilities Asset Inspection, Collaboration Tools, End-to-End Automated Workflows

Services & Products

Digital Data Collection
Asset Data Management
Inspection and Review Tools
Dashboard and Reporting Solutions
Workflow Integration

Target Customers

Utility Operators Field Inspectors Maintenance Managers Engineering Teams

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $15.00M 7
Excell Partners, O'Leary Ventures +5
10 Oct 2023
Grant $1.00M 1
GENIUS NY
26 Oct 2021
Seed Round $3.17M -
01 Jul 2020
Grant $100.00K 1
Microsoft
24 Apr 2019
Seed Round $570.00K -
24 Apr 2019

Thread Alternatives & Competitors

View All Alternatives
Thread vs
HUVR
HUVR United States

Aggregate, automate, and augment your inspection data and workflows with HUVR's Reliability Automati...

Series A
17 employees
Analytics, Information Technology
Thread vs

Smart-Data Platform for Autonomous Systems.

Seed
32 employees
AI, Data Analytics
Thread vs
Mattermost
Mattermost United States

Accelerating the world’s mission critical work with secure, open core collaboration software.

Series B
157 employees
IT, Information Technology

FAQ About Thread

Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights.
Thread was founded in 2019.
Thread is headquartered in Grand Forks, United States.
Thread operates in Data Analytics, IT, Information Technology and Robotics. Its work centres on Autonomous Data Collection, Enterprise SaaS, Electric Utilities and Asset Data Management. Its customers include Utility Operators, Field Inspectors and Maintenance Managers.
Thread has approximately 57 employees.
Thread has completed 5 funding rounds, raising a total of $19.84M. The latest funding stage is Series A.
Thread offers: Digital Data Collection, Asset Data Management, Inspection and Review Tools, Dashboard and Reporting Solutions, Workflow Integration.
Top alternatives and competitors to Thread include HUVR, Heex Technologies, Mattermost, Accion Labs (Formerly- Serviceberry Technologies), Q ONE TECH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Thread and HUVR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Thread, https://bouncewatch.com/company/thread-1, updated 18 August 2025. When citing, please name BounceWatch and link this page.

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