About Thread Counsel
Thread Counsel is a company based in New York (United States) founded in 2018 by Carly Bigi. It operates as a B2C. Thread Counsel has raised $6.39 million across 1 funding round. Thread Counsel operates in a competitive market with competitors including MTailor, Astor & Black, Darjee, Tad More Tailoring and Alteration Finder, among others.
- Headquarter New York, United States
- Founders Carly Bigi
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.39 M (USD)
in 1 rounds
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Latest Funding Round
$6.39 M (USD), Series A
Apr 28, 2023
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Investors
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Employee Count
Employee Count
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Funding Insights of Thread Counsel
Thread Counsel has successfully raised a total of $6.39M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.39 million completed in April 2023. 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 1
- Last Round Series A — $6.4M
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First Round
First Round
(28 Apr 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Thread Counsel | 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 Thread Counsel
| 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 - Thread Counsel
| 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 |
Thread Counsel Comparisons
Competitors of Thread Counsel
Thread Counsel 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 MTailor, Astor & Black, Darjee, Tad More Tailoring and Alteration Finder, 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 |
Made-to-measure men's apparel is provided via an internet-first platform.
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| domain | founded_year | HQ Location |
Provider of tailoring services for men's clothing
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| domain | founded_year | HQ Location |
Online marketplace for tailors
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| domain | founded_year | HQ Location |
Online platform offering dress alteration works
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| domain | founded_year | HQ Location |
App-based platform linking users with local tailors for home clothing alterations.
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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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Frequently Asked Questions about Thread Counsel
When was Thread Counsel founded?
Thread Counsel was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Thread Counsel located?
Thread Counsel is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Thread Counsel?
Carly Bigi is the current CEO of Thread Counsel. They have also founded this company.
Is Thread Counsel a funded company?
Thread Counsel is a funded company, having raised a total of $6.39M across 1 funding round to date. The company's 1st funding round was a Series A of $6.39M, raised on Apr 28, 2023.
What does Thread Counsel do?
Thread Counsel, established in 2018, excels in engaging in retail operations, operating online marketplaces, apparel, and womens formal wear. Manages an e-commerce store specializing in multi-category formal wear for women. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Who are the top competitors of Thread Counsel?
Thread Counsel's top competitors include MTailor, Astor & Black and Tad More Tailoring.