About PurThread
PurThread is a Retail company based in Cary (United States) founded in 2009. Antimicrobial fibers and yarns are produced using embedded silver salts. It operates in the Retail and Chemicals & Materials sectors. PurThread has raised $9.99 million across 5 funding rounds. Its chief executive, as recorded, is Lisa Grimes. Its focus areas include Consumer, Fashion Tech, Innovative Materials and Sustainable Fabrics. Its competitors include Ambercycle, Claros Technologies and Evrnu; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Cary, United States
- SectorsRetailChemicals & Materials
- Email••••••••
- Website purthread.com
- Social LinkedIn X Facebook
- Total Equity Funding$9.99M (USD)
in 5 rounds
- Latest Funding Round$7.17M (USD), Series A
Nov 2013
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 $9.99M
- Total Rounds 5
- Last Round Series A — $7.17M
- First Round $350,000
(Dec 2009)
All 5 funding rounds of PurThread with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2013 | $7.17M | Series A | – | – | – |
| Jul 2013 | $20,016 | Seed | – | – | – |
| Jan 2013 | $2.08M | Seed | – | – | – |
| Apr 2010 | $724,993 | Seed | – | – | – |
| Dec 2009 | $350,000 | Debt – Conventional | – | – | – |
People of PurThread
16 people are tracked at PurThread (7 in leadership, 7 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Lisa Grimes | CEO & President | Leadership |
Lisa T. Grimes | President & CEO | Leadership |
Lloyd W. Frick | VP, Biology | Leadership |
Timothy L. Krist | CFO | Leadership |
Alan F. Boyd | COO | Leadership |
Russell H. Greenfield | Medical Director | Leadership |
David J. Reed | VP, Operations | Leadership |
Thomas M. Claffey | Advisor | Board & advisors |
Melvin F. Hall | Advisor | Board & advisors |
Richard S. Bodman | Chairman | Board & advisors |
Thomas V. Inglesby | Director | Board & advisors |
Patrick M. Connor | Advisor | Board & advisors |
James Moriarty | Advisor | Board & advisors |
Neal M. Douglas | Director | Board & advisors |
Jenifer F. Smyth | SVP, Business Development | Team |
K. Fuller Lancaster | Executive Administrator | Team |
Complete people profiles for PurThread
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of PurThread
3 dated milestones of PurThread across 4 years, from founding to its latest funding, stage changes and deals.
- Founded PurThread is founded.
- Funding First funding round of $350K.
- Funding Latest funding round, Series A, of $7.2M.
Competitors of PurThread
PurThread has 3 listed competitors in our database, 3 of them funded. They include Ambercycle, Claros Technologies and Evrnu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ambercycle.com | 2013 | Los Angeles, United States | $26.6M | 7 | Tech-based solutions are provided for yarns from textile waste. | |
| clarostechnologies.com | 2015 | Saint Paul, United States | $57.7M | Provider of sustainable solutions for circular economy | ||
| evrnu.com | 2014 | Seattle, United States | $29.36M | Sustainable fabrics are produced from recycled textiles using regenerative fibers. |
Detailed competitors of PurThread
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as PurThread (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Related news about Purthread
Complete news archive for 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 CEO of PurThread, as recorded in our data.
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 Debt – Conventional of $350K, raised on Dec 2009.
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 Ambercycle, Claros Technologies and Evrnu.