About THREAD
THREAD is a company based in Tustin (United States) founded in 2012 was acquired by Water Street in August 2019.. THREAD has raised $50 million across 1 funding round from investors including Water Street and JLL Partners. THREAD has completed 3 acquisitions, including CureClick Trials, Modus Outcomes and inVibe. THREAD offers products and services including Configurable Platform, Consulting Services, Patient Listening, eCOA, and Study Companion. THREAD operates in a competitive market with competitors including Medrio, L7 Informatics, MDClone, Clinical Research IO and VivoSense, among others.
- Headquarter Tustin, United States
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Sectors
Healthcare
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Definitive Media Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series C
Aug 17, 2020
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Investors
Water Street
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
CureClick Trials
& 2 more
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Acquired by
Water Street
(Aug 27, 2019)
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Products & Services of THREAD
THREAD offers a comprehensive portfolio of products and services, including Configurable Platform, Consulting Services, Patient Listening, eCOA, and Study Companion. 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.
Platform for designing and managing clinical studies with AI tools
Expert guidance for operating and scaling research programs efficiently
System to gather patient insights and inform study decisions
Electronic tools for capturing clinical outcome data securely
App for enhancing patient engagement in active studies
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Funding Insights of THREAD
THREAD has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in August 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 1
- Last Round Series C — $50.0M
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First Round
First Round
(17 Aug 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series C - THREAD | Valuation | Water Street , JLL Partners |
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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 |
Investors in THREAD
THREAD has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Water Street and JLL Partners. 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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Water Street is engaged in strategic investments in healthcare sectors.
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Founded Year | Domain | Location | |
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JLL Partners is engaged in middle-market business transformation and investment.
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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 THREAD
THREAD has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CureClick Trials, Modus Outcomes and inVibe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Clinical trials are matched and enrolled using healthcare influencers.
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2014 | ||||
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Regulatory support and consulting services are provided for biopharma firms.
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2014 | ||||
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Market research platform for healthcare stakeholder
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - THREAD
| 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 Comparisons
Competitors of THREAD
THREAD 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 Medrio, L7 Informatics, MDClone, Clinical Research IO and VivoSense, 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 |
Cloud-based eClinical software for clinical trials is provided.
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| domain | founded_year | HQ Location |
Clinical trial workflow management software is provided for laboratories.
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| domain | founded_year | HQ Location |
Provider of software that creates synthetic medical records for fictitious patients
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| domain | founded_year | HQ Location |
Clinical trial management software is provided for research sites.
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| domain | founded_year | HQ Location |
Wearable sensor research analysis platform
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| domain | founded_year | HQ Location |
Electronic data capture platforms for medical research are offered.
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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 Thread
Frequently Asked Questions about THREAD
When was THREAD founded?
THREAD was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is THREAD located?
THREAD is headquartered in Tustin, United States. It is registered at Tustin, California, United States.
Is THREAD a funded company?
THREAD is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Aug 17, 2020.
What does THREAD do?
Thread Research was founded in 2012 and is based in Tustin, United States. The company operates in the healthcare technology sector, offering software platforms for patient research studies. Patient outcomes, consent, and real-time performance are tracked through the system. An ePRO library is integrated with various wearable medical devices to collect patient-facing application data. Services are utilized by pharmaceutical companies and academic researchers for study management.
Who are the top competitors of THREAD?
THREAD's top competitors include L7 Informatics, MDClone and Medrio.
What products or services does THREAD offer?
THREAD offers Configurable Platform, Consulting Services, Patient Listening, eCOA, and Study Companion.
How many acquisitions has THREAD made?
THREAD has made 3 acquisitions, including CureClick Trials, Modus Outcomes, and inVibe.
Who are THREAD's investors?
THREAD has 2 investors. Key investors include Water Street, and JLL Partners.
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