ThoughtWire

Toronto, Canada Founded: 2009 • Age: 17 yrs
IoT predictive maintenance platform for real-time issue resolution is provided.
Annual revenue - Latest available
Total funding $22.0M 5 rounds
Employees 89 Tracked headcount
Investors 11 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About ThoughtWire

ThoughtWire is a company based in Toronto (Canada) founded in 2009. ThoughtWire has raised $21.97 million across 5 funding rounds from investors including Comerica, BDC and Export Development Canada. The company has 89 employees as of December 31, 2024. ThoughtWire offers products and services including EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp. ThoughtWire operates in a competitive market with competitors including Azalea Health, MRI Software, DrFirst, AppFolio and Innovaccer, among others.

  • Headquarter Toronto, Canada
  • Employees 89 as on 31 Dec, 2024
  • Sectors
    Technology
    Business Services Energy & Utilities Healthcare Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.97 M (USD)

    in 5 rounds

  • Latest Funding Round
    $8.49 M (USD), Debt – Conventional

    Jun 18, 2020

  • Investors
    Comerica

    & 10 more

  • Employee Count
    89

    as on Dec 31, 2024

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Products & Services of ThoughtWire

ThoughtWire offers a comprehensive portfolio of products and services, including EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp.

Product name locked
Category locked
Primary

Predicts patient deterioration to enhance hospital care outcomes

Product name locked
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Improves efficiency and reduces wait times in healthcare settings

Product name locked
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Enables faster responses to patient needs

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Optimizes operations for commercial building efficiency

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Enhances user experience in smart building environments

People of ThoughtWire

Headcount 50-200
Employee Profiles 9
Board Members and Advisors 7
Employee Profiles
People
Daniel Branton
Senior Solutions Architect
People
Cici Zhang
Software Engineer
People
Harnoor Kaur
Test Engineer
People
Nicole Cai
Director, Strategic Initiatives

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Board Members and Advisors
people
John M. Thompson
Director
people
Allan O’Dette
Advisor
people
Alison Fox-Robichaud
Advisor
people
Hai Tran-Viet
Director

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Funding Insights of ThoughtWire

ThoughtWire has successfully raised a total of $21.97M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8.49 million completed in June 2020. 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.

Investors in ThoughtWire

ThoughtWire has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, BDC and Export Development Canada.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth capital investments are made by this private equity firm.
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Technology investments are made to drive transformative industry growth.
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Venture capital firm investing in proptech sectors
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Investor details for ThoughtWire

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ThoughtWire

Investments
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Investment portfolio details for ThoughtWire

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - ThoughtWire

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Detailed financials for ThoughtWire

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Thoughtwire Comparisons

ThoughtWire Primary company
Description
IoT predictive maintenance platform for real-time issue reso...
Location
Toronto, Canada
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
89
As of 2024
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Peer comparison for ThoughtWire

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of ThoughtWire

ThoughtWire 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 Azalea Health, MRI Software, DrFirst, AppFolio and Innovaccer, among others.

Company Name Domain Founded year HQ Location Description
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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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Property management software is provided for residential and commercial properties.
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E-prescription and secure messaging solutions are offered to healthcare providers.
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SaaS-driven property management software for owners and residential property managers
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Automotive batteries and HVAC equipment are manufactured and supplied globally.
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Detailed competitors of ThoughtWire

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Thoughtwire

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Complete news archive for ThoughtWire

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ThoughtWire

ThoughtWire was founded in 2009 and raised its 1st funding round 4 years after it was founded.

ThoughtWire is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

ThoughtWire is a funded company, having raised a total of $21.97M across 5 funding rounds to date.

As of Dec 31, 2024, the latest employee count at ThoughtWire is 89.

ThoughtWire was founded in 2009 in Toronto, Canada, and operates in the IoT sector focused on predictive maintenance. The Ambiant IIoT platform is utilized to deliver real-time guidance for predicting and resolving issues, supporting self-optimizing production lines to minimize downtime and machine failures. Applications extend to smart buildings, cities, and hospitals. Partnerships are maintained with entities such as Hamilton Health Sciences, IBM, McKesson, and Hitachi.

ThoughtWire's top competitors include Innovaccer, AppFolio and CompuGroup Medical.

ThoughtWire offers EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp.

ThoughtWire has 11 investors. Key investors include Comerica, BDC, Export Development Canada, Canadian Business Growth Fund, and Yaletown.

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