About THREAD
THREAD is a Healthcare company based in Tustin (United States) founded in 2012, and was acquired by Water Street in August 2019. Provider of patient research studies software. 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. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials. Its legal entity is DEFINITIVE MEDIA CORP. Its competitors include Medrio, L7 Informatics and Clinical Research IO; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Tustin, United States
- Stage Acquired
- SectorsHealthcare
- Website category Health · Biotechnology and Pharmaceuticals
- Email••••••••
- Phone•••• ••••
- Website threadresearch.com
- Social LinkedIn X Facebook YouTube
- Acquired by Water Street (Aug 2019)
- Legal Name Definitive Media Corp.
- Total Equity Funding$50M (USD)
in 1 rounds
- Latest Funding Round$50M (USD), Series C
Aug 2020
- InvestorsWater Street
& 1 more
- Investments & AcquisitionsCureClick Trials
& 2 more
- Acquired byWater Street
(Aug 2019)
Products & Services of THREAD
THREAD offers a comprehensive portfolio of products and services, including Configurable Platform, Consulting Services, Patient Listening, eCOA, and Study Companion.
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
Apps and channels of THREAD
THREAD publishes 1 mobile app with over 500 downloads; its YouTube channel THREAD has 16 subscribers and 30 videos.
Videos from THREAD
The most watched videos on THREAD's YouTube channel, THREAD (16 subscribers). Click a video to play it here.
More on THREAD.
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 $50M
- Total Rounds 1
- Last Round Series C — $50M
- First Round $50M
(Aug 2020)
- Investors Count 2
All 1 funding rounds of THREAD 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 |
|---|---|---|---|---|---|
| Aug 2020 | $50M | Series C | – | Water Street, JLL Partners | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Water Street is engaged in strategic investments in healthcare sectors. | 2005 | waterstreet.com | Chicago, United States | |
JLL Partners is engaged in middle-market business transformation and investment. | jllpartners.com | New York, United States |
Investor details for THREAD
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
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People of THREAD
41 people are tracked at THREAD (23 in leadership, 18 in team).
| Name | Role | Group |
|---|---|---|
Chris Brennan | General Counsel & Chief Administrative Officer | Leadership |
Keli Platco | Chief Operating Officer | Leadership |
Chollada Sooksaman | Director | Leadership |
John Whitt | Senior Director, Delivery | Leadership |
Vishakh Viswanathan | Director Of Product Operations | Leadership |
Stefan Cano | Chief Scientific Officer, Modus Outcomes | Leadership |
John Reites | Chief Executive Officer, Co-founder | Leadership |
Daniel Levenson | Director Global Quailty Assurance & Compliance | Leadership |
Dave Wilson | Senior Director, Solution Design | Leadership |
Noah Goodson, Ph.D. | Principal, Strategy & Advisory (executive Director) | Leadership |
Jennifer Price | Executive Director, Data & Analytics | Leadership |
Paul Taylor | Chief Product Officer | Leadership |
Todd Harnett | Vice President, Global Solution Delivery | Leadership |
Mindy Allport-Settle | Executive Director, Compliance | Leadership |
Divya Bhanushali, PMP, PSM, SAFe 5 Agilist, ITIL | Senior Director, PMO | Leadership |
Christopher Watson | Director Of Product Management | Leadership |
Olga Tsentsiper | Senior Director, Global Quality Assurance And Compliance | Leadership |
Les Yates | Executive Director, Experience | Leadership |
Joss Warren | Vice President, Commercial | Leadership |
Steph Hicks | Director - Product Manager | Leadership |
21 more people are available in the full profile.
Complete people profiles for THREAD
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
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Clinical trials are matched and enrolled using healthcare influencers. | cureclick.com | Irvine, United States | 2014 | Apr 2022 | •••• | |
Market research platform for healthcare stakeholder | invibe.co | Costa Mesa, United States | 2013 | Jan 2022 | •••• | |
Regulatory support and consulting services are provided for biopharma firms. | modusoutcomes.com | Cambridge, United States | 2014 | Nov 2021 | •••• |
Complete acquisition details for THREAD
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of THREAD
6 dated milestones of THREAD across 10 years, from founding to its latest funding, stage changes and deals.
- Founded THREAD is founded.
- Exit Acquired by Water Street.
- Funding First funding round of $50.0M.
- Acquisition Acquires Modus Outcomes.
- Acquisition Acquires inVibe.
- Acquisition Acquires CureClick Trials.
Competitors of THREAD
THREAD has 3 listed competitors in our database, 3 of them funded. They include Medrio, L7 Informatics and Clinical Research IO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medrio.com | 2005 | San Francisco, United States | $32.03M | 120 | Cloud-based eClinical software for clinical trials is provided. | |
| l7informatics.com | 2012 | Austin, United States | $54.97M | 126 | Clinical trial workflow management software is provided for laboratories. | |
| clinicalresearch.io | 2015 | Boston, United States | $16.7M | 16 | Clinical trial management software is provided for research sites. |
Detailed competitors of THREAD
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of THREAD
The website of THREAD (threadresearch.com) receives about 7.3K visits a month and ranks #3,937,927 among all websites worldwide, #4,976 in Biotechnology and Pharmaceuticals.
- Monthly visits7.3K
▲ 84.2% vs previous month
- Unique visitors1.7K
per month
- Global rank#3,937,927
among all websites
- Category rank#4,976
Health · Biotechnology and Pharmaceuticals
- Bounce rate39%
- Pages per visit2.4
- Average visit15 sec
- DevicesDesktop 48% · Mobile 52%
Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as THREAD (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | |||
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M |
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Related news about Thread
Complete news archive for THREAD
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 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. The company's 1st funding round was a Series C of $50M, raised on Aug 2020.
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, Medrio and Clinical Research IO.
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.
THREAD operates through Definitive Media Corp..
Yes. THREAD was acquired by Water Street in August 2019.
Yes. THREAD publishes PROJECT REMOTE, with over 500 downloads.