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
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Sectors
TechnologyBusiness Services Energy & Utilities Healthcare Real Estate & Construction
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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
$21.97 M (USD)
in 5 rounds
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Latest Funding Round
$8.49 M (USD), Debt – Conventional
Jun 18, 2020
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Investors
Comerica
& 10 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Predicts patient deterioration to enhance hospital care outcomes
Improves efficiency and reduces wait times in healthcare settings
Enables faster responses to patient needs
Optimizes operations for commercial building efficiency
Enhances user experience in smart building environments
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $8.5M
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First Round
First Round
(10 Apr 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Debt – Conventional - ThoughtWire | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - ThoughtWire | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - ThoughtWire | Valuation | Yaletown |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth capital investments are made by this private equity firm.
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Founded Year | Domain | Location | |
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Technology investments are made to drive transformative industry growth.
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Founded Year | Domain | Location | |
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Venture capital firm investing in proptech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ThoughtWire
| 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 - ThoughtWire
| 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 |
Thoughtwire Comparisons
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. 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 |
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
E-prescription and secure messaging solutions are offered to healthcare providers.
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| domain | founded_year | HQ Location |
SaaS-driven property management software for owners and residential property managers
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| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
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| domain | founded_year | HQ Location |
Automotive batteries and HVAC equipment are manufactured and supplied globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Thoughtwire
Frequently Asked Questions about ThoughtWire
When was ThoughtWire founded?
ThoughtWire was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Where is ThoughtWire located?
ThoughtWire is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is ThoughtWire a funded company?
ThoughtWire is a funded company, having raised a total of $21.97M across 5 funding rounds to date.
How many employees does ThoughtWire have?
As of Dec 31, 2024, the latest employee count at ThoughtWire is 89.
What does ThoughtWire do?
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.
Who are the top competitors of ThoughtWire?
ThoughtWire's top competitors include Innovaccer, AppFolio and CompuGroup Medical.
What products or services does ThoughtWire offer?
ThoughtWire offers EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp.
Who are ThoughtWire's investors?
ThoughtWire has 11 investors. Key investors include Comerica, BDC, Export Development Canada, Canadian Business Growth Fund, and Yaletown.
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