About ThoughtWire
ThoughtWire is a Technology company based in Toronto (Canada) founded in 2009. IoT predictive maintenance platform for real-time issue resolution is provided. It operates in the Technology, Business Services, and Energy & Utilities sectors. ThoughtWire has raised $21.97 million across 5 funding rounds from investors including Comerica, BDC and Export Development Canada. The company has 89 employees. ThoughtWire offers products and services including EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Diversified.
Company details
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.
- Headquarters Toronto, Canada
- Employees 89
- SectorsTechnologyBusiness Services Energy & Utilities Healthcare Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website thoughtwire.com
- Social LinkedIn X Facebook
- Total Equity Funding$21.97M (USD)
in 5 rounds
- Latest Funding Round$8.49M (USD), Debt – Conventional
Jun 2020
- InvestorsComerica
& 10 more
- Employee Count89
Products & Services of ThoughtWire
ThoughtWire offers a comprehensive portfolio of products and services, including EarlyWarning, OperationsCentre, NotificationCentre, PrecisionHub, and @WorkApp.
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
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 $21.97M
- Total Rounds 5
- Last Round Debt – Conventional — $8.49M
- First Round $1.97M
(Apr 2013)
- Investors Count 11
All 5 funding rounds of ThoughtWire 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 |
|---|---|---|---|---|---|
| Jun 2020 | $8.49M | Debt – Conventional | – | – | |
| Mar 2018 | Debt – Conventional | – | – | ||
| Mar 2018 | $20M | Series A | – | Yaletown | |
| Sep 2017 | $955,000 | Grant | – | – | |
| Apr 2013 | $1.97M | Seed | – | Angel One, Golden Triangle Angel Network | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth capital investments are made by this private equity firm. | cbgf.com | Toronto, Canada | ||
Technology investments are made to drive transformative industry growth. | yaletown.com | Vancouver, Canada | ||
Venture capital firm investing in proptech sectors | gspv.vc | Toronto, Canada | ||
| epiccapitalmanagement.ca | ||||
Round13 Capital is engaged in venture capital investments across Canada. | round13.com | Toronto, Canada | ||
Angel One Investor Network is focused on connecting Canadian startups with investors to drive innovation and economic growth. | angelonenetwork.ca | Burlington, Canada | ||
Early-stage tech startups in Canada are supported through angel investments. | 2009 | goldentriangleangelnet.ca | Kitchener, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Commercial banking services are provided to businesses and individuals. | 1849 | comerica.com | Dallas, United States |
Investor details for ThoughtWire
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ThoughtWire
16 people are tracked at ThoughtWire (3 in leadership, 7 in board & advisors, 6 in team); the tracked headcount is 89.
| Name | Role | Group |
|---|---|---|
Dan Nguyen | Director, Healthcare Solutions | Leadership |
Nicole Cai | Director, Strategic Initiatives | Leadership |
Tony Baby | Director, Product And Analytics | Leadership |
John M. Thompson | Director | Board & advisors |
Allan O’Dette | Advisor | Board & advisors |
Alison Fox-Robichaud | Advisor | Board & advisors |
Hai Tran-Viet | Director | Board & advisors |
Aviv Gladman | Advisor | Board & advisors |
Ian Preyra | Advisor | Board & advisors |
Salil Munjal | Chair | Board & advisors |
Daniel Branton | Senior Solutions Architect | Team |
Henry Zhang | Automation Developer | Team |
Cici Zhang | Software Engineer | Team |
Harnoor Kaur | Test Engineer | Team |
Umar A. | Software Engineer II | Team |
Nargis Akter | Senior Test Engineer | Team |
Complete people profiles for ThoughtWire
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of ThoughtWire
3 dated milestones of ThoughtWire across 11 years, from founding to its latest funding, stage changes and deals.
- Founded ThoughtWire is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Debt – Conventional, of $8.5M.
Web traffic of ThoughtWire
Websites that share an audience with ThoughtWire (thoughtwire.com).
Websites whose visitors overlap most with ThoughtWire. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
blogs.perficient.com | blogs.perficient.com | 100% | – | ||
wwwimages.adobe.com | wwwimages.adobe.com | 89% | – | ||
| linkedin.com | 50% | 1.9B | #18 | View details | |
google.ca | google.ca | 50% | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Thoughtwire
Complete news archive for ThoughtWire
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $1.97M, raised on Apr 2013.
ThoughtWire has 89 employees.
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 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.