Threads

San Francisco, United States Founded: 2017 • Age: 9 yrs Acquired By Shopify
Cloud-based platform for team messaging
Annual revenue - Latest available
Total funding $10.5M 1 rounds
Employees 23 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Threads

Threads is a company based in San Francisco (United States) founded in 2017 was acquired by Shopify in June 2024. Threads has raised $10.5 million across 1 funding round from investors including Shopify and Sequoia Capital. The company has 23 employees as of December 31, 2022. Threads operates in a competitive market with competitors including Slack, Mask Network, Teamblind, Critical Path and Blink, among others.

  • Headquarter San Francisco, United States
  • Employees 23 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Threads Group, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10.5 M (USD), Series A

    Feb 27, 2019

  • Investors
    Shopify

    & 1 more

  • Employee Count
    23

    as on Dec 31, 2022

  • Acquired by
    Shopify

    (Jun 07, 2024)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
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E-commerce storefront solutions are provided for online businesses.
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Investor details for Threads

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  • Investor domains
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Investments & Acquisitions by Threads

Investments
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Investment portfolio details for Threads

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Financial Statements - Threads

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Detailed financials for Threads

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  • Profit trends
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Threads Comparisons

Threads Primary company
Description
Cloud-based platform for team messaging
Location
San Francisco, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
23
As of 2022
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Peer comparison for Threads

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Competitors of Threads

Threads 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 Slack, Mask Network, Teamblind, Critical Path and Blink, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based team communication and collaboration platform is provided.
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Provider of encrypted messaging applications
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Anonymous workplace discussions among employees are enabled online.
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Spam-blocking, virus protection, and secure messaging services are provided.
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Front-line workers are empowered and protected through a cloud-based platform.
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Enterprise team collaboration is facilitated via cloud-based messaging platform.
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Detailed competitors of Threads

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Latest news on Threads

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Complete news archive for Threads

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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.

As of Dec 31, 2022, the latest employee count at Threads is 23.

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.

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