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
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Net Profit
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $7.2M
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First Round
First Round
(10 Dec 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series A - PurThread | Valuation |
investors |
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| Jul, 2013 | Amount | Seed - PurThread | Valuation |
investors |
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| Jan, 2013 | Amount | Seed - PurThread | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PurThread
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PurThread
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Purthread Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable fabric materials are developed via microbial fermentation processes.
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| domain | founded_year | HQ Location |
Biodegradable fibres are produced from recycled cellulosic materials.
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| domain | founded_year | HQ Location |
Wood-based sustainable fabrics are developed and provided by Lenzing.
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| domain | founded_year | HQ Location |
Tech-based solutions are provided for yarns from textile waste.
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| domain | founded_year | HQ Location |
Provider of sustainable solutions for circular economy
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| domain | founded_year | HQ Location |
Sustainable fabrics are manufactured from recycled textile waste.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Purthread
Frequently Asked Questions about PurThread
When was PurThread founded?
PurThread was founded in 2009.
Where is PurThread located?
PurThread is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Who is the current CEO of PurThread?
Lisa Grimes is the current CEO of PurThread.
Is PurThread a funded company?
PurThread is a funded company, having raised a total of $9.99M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.08M, raised on Dec 10, 2009.
What does PurThread do?
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.
Who are the top competitors of PurThread?
PurThread's top competitors include Lenzing, SRTX and Ambercycle.