About Threads
Threads is a Technology company based in San Francisco (United States) founded in 2017, and was acquired by Shopify in June 2024. Cloud-based platform for team messaging. Threads has raised $10.5 million across 1 funding round from investors including Shopify and Sequoia Capital. The company has 23 employees. Its website threads.com draws about 273.8 million monthly visits. Its focus areas include Enterprise Applications, Enterprise Collaboration, Communication and Team Messaging. Its legal entity is THREADS GROUP, INC. Its competitors include Slack, Mask Network and Teamblind; 3 of its 3 listed competitors have raised funding.
Company details
Threads was established in 2017 in San Francisco, United States, within the software sector focused on communication tools. A cloud-based platform is offered for team messaging, where virtual chat rooms are created, participants are invited, questions are posed, feedback is gathered, and decisions are facilitated. Mobile applications for iOS and Android devices are provided, alongside a subscription-based pricing structure for operations.
- Headquarters San Francisco, United States
- Employees 23
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Social Networks and Online Communities
- Email••••••••
- Website threads.com
- Social LinkedIn X
- Acquired by Shopify (Jun 2024)
- Legal Name Threads Group, Inc.
Funding Insights of Threads
Threads has successfully raised a total of $10.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.5 million completed in February 2019. 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 $10.5M
- Total Rounds 1
- Last Round Series A — $10.5M
- First Round $10.5M
(Feb 2019)
- Investors Count 1
All 1 funding rounds of Threads 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 |
|---|---|---|---|---|---|
| Feb 2019 | $10.5M | Series A | – | Sequoia Capital | – |
2 investors in total: 2 institutional.
Investors in Threads
Threads has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Shopify and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
E-commerce storefront solutions are provided for online businesses. | 2006 | shopify.com | Ottawa, Canada |
Investor details for Threads
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.
Timeline of Threads
3 dated milestones of Threads across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Threads is founded.
- Funding First funding round of $10.5M.
- Exit Acquired by Shopify.
Competitors of Threads
Threads has 3 listed competitors in our database, 3 of them funded. They include Slack, Mask Network and Teamblind.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| slack.com | 2009 | San Francisco, United States | $1.22B | 1,820 | Cloud-based team communication and collaboration platform is provided. | |
| mask.io | 2018 | Champaign, United States | $5M | Provider of encrypted messaging applications | ||
| teamblind.com | 2013 | San Francisco, United States | $74.64M | 21 | Anonymous workplace discussions among employees are enabled online. |
Detailed competitors of Threads
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 Threads
The website of Threads (threads.com) receives about 273.8M visits a month and ranks #115 among all websites worldwide, #39 in Social Networks and Online Communities.
- Monthly visits273.8M
▲ 6.6% vs previous month
- Unique visitors72.8M
per month
- Global rank#115
among all websites
- Category rank#39
Computers Electronics and Technology · Social Networks and Online Communities
- Bounce rate54%
- Pages per visit6.4
- Average visit4 min 53 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Threads. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| instagram.com | 100% | 7.1B | #4 | View details | |
| x.com | 97% | 4.5B | #5 | View details | |
| facebook.com | 96% | 12.1B | #3 | View details | |
| tiktok.com | 96% | 3.2B | #7 | View details | |
| t.co | 94% | 676.7M | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Threads
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Threads (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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 Threads
Complete news archive for Threads
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 Threads
Threads was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Threads is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Threads is a funded company, having raised a total of $10.5M across 1 funding round to date. The company's 1st funding round was a Series A of $10.5M, raised on Feb 2019.
Threads has 23 employees.
Threads was established in 2017 in San Francisco, United States, within the software sector focused on communication tools. A cloud-based platform is offered for team messaging, where virtual chat rooms are created, participants are invited, questions are posed, feedback is gathered, and decisions are facilitated. Mobile applications for iOS and Android devices are provided, alongside a subscription-based pricing structure for operations.
Threads's top competitors include Slack, Mask Network and Teamblind.
Threads has 2 investors. Key investors include Shopify, and Sequoia Capital.
Threads operates through Threads Group, Inc..
Yes. Threads was acquired by Shopify in June 2024.
The website of Threads receives about 273.8 million visits a month and ranks #115 among all websites worldwide.