About PurThread
PurThread is a company based in Cary (United States) founded in 2009. PurThread has raised $9.99 million across 5 funding rounds. PurThread operates in a competitive market with competitors including Spiber, Renewcell, Lenzing, Ambercycle and Claros Technologies, among others.
- Headquarter Cary, United States
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Sectors
RetailChemicals & Materials
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$9.99 M (USD)
in 5 rounds
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Latest Funding Round
$7.17 M (USD), Series A
Nov 18, 2013
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Investors
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Employee Count
Not available
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People of PurThread
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Funding Insights of PurThread
PurThread has successfully raised a total of $9.99M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.17 million completed in November 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by PurThread
Investment portfolio details for PurThread
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Financial Statements - PurThread
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Purthread Comparisons
Peer comparison for PurThread
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Competitors of PurThread
PurThread operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spiber, Renewcell, Lenzing, Ambercycle and Claros Technologies, among others.
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Sustainable fabric materials are developed via microbial fermentation processes.
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Biodegradable fibres are produced from recycled cellulosic materials.
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Wood-based sustainable fabrics are developed and provided by Lenzing.
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Tech-based solutions are provided for yarns from textile waste.
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Provider of sustainable solutions for circular economy
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Sustainable fabrics are manufactured from recycled textile waste.
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Detailed competitors of PurThread
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Latest news on Purthread
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Frequently Asked Questions about PurThread
PurThread was founded in 2009.
PurThread is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Lisa Grimes is the current CEO of PurThread.
PurThread is a funded company, having raised a total of $9.99M across 5 funding rounds to date.
PurThread was founded in 2009 and is based in Cary, United States, within the textile and materials sector. Antimicrobial fibers and yarns are manufactured by embedding recycled silver salts during the molten production stage, utilizing a non-nano silver process originally registered by Kodak. Partnerships, such as with Cotton Incorporated, support the development of anti-odor solutions for cotton knit and woven fabrics. Operations focus on providing these materials for various applications.
PurThread's top competitors include Lenzing, SRTX and Ambercycle.