THREAD

Tustin, United States Founded: 2012 • Age: 14 yrs Acquired By Water Street
Provider of patient research studies software
Annual revenue - Latest available
Total funding $50.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Healthcare
  • 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.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Series C

    Aug 17, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • 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.

Product name locked
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Primary

Platform for designing and managing clinical studies with AI tools

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Expert guidance for operating and scaling research programs efficiently

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System to gather patient insights and inform study decisions

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Electronic tools for capturing clinical outcome data securely

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App for enhancing patient engagement in active studies

People of THREAD

Headcount 50-200
Employee Profiles 41
Employee Profiles
People
Jyothsna Brahmanapally
Sr Manger QE , Release And Support Engineering
People
Chris Brennan
General Counsel & Chief Administrative Officer
People
Keli Platco
Chief Operating Officer
People
Chollada Sooksaman
Director

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Water Street is engaged in strategic investments in healthcare sectors.
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JLL Partners is engaged in middle-market business transformation and investment.
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Investor details for THREAD

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for THREAD

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Clinical trials are matched and enrolled using healthcare influencers.
Locked Locked 2014 Locked
Regulatory support and consulting services are provided for biopharma firms.
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Market research platform for healthcare stakeholder
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Complete acquisition details for THREAD

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - THREAD

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Detailed financials for THREAD

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  • Profit trends
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Thread Comparisons

THREAD Primary company
Description
Provider of patient research studies software
Location
Tustin, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for THREAD

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

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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.

Company Name Domain Founded year HQ Location Description
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Cloud-based eClinical software for clinical trials is provided.
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Clinical trial workflow management software is provided for laboratories.
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Provider of software that creates synthetic medical records for fictitious patients
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Clinical trial management software is provided for research sites.
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Wearable sensor research analysis platform
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Electronic data capture platforms for medical research are offered.
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Detailed competitors of THREAD

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  • Domains and locations
  • Full company profiles
  • Operating metrics
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Latest news on Thread

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Complete news archive for THREAD

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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 THREAD

THREAD was founded in 2012 and raised its 1st funding round 8 years after it was founded.

THREAD is headquartered in Tustin, United States. It is registered at Tustin, California, United States.

THREAD is a funded company, having raised a total of $50M across 1 funding round to date.

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.

THREAD's top competitors include L7 Informatics, MDClone and Medrio.

THREAD offers Configurable Platform, Consulting Services, Patient Listening, eCOA, and Study Companion.

THREAD has made 3 acquisitions, including CureClick Trials, Modus Outcomes, and inVibe.

THREAD has 2 investors. Key investors include Water Street, and JLL Partners.

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