About Tread
Tread is a company based in Toronto (Canada) founded in 2016 by Noah Dolgoy and Merrick Read.. Tread has raised $120 thousand across 3 funding rounds from investors including FJ Labs, Techstars and Ripple Ventures. Tread offers products and services including Tread Platform and Mobile App. Tread operates in a competitive market with competitors including Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, among others.
- Headquarter Toronto, Canada
- Founders Noah Dolgoy, Merrick Read
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Sectors
TechnologyReal Estate & Construction
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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 Tread Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 K (USD)
in 3 rounds
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Latest Funding Round
$120 K (USD), Seed
Jun 01, 2018
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Investors
FJ Labs
& 2 more
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Employee Count
Employee Count
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Products & Services of Tread
Tread offers a comprehensive portfolio of products and services, including Tread Platform and Mobile App. 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.
Unified system for order management and billing in construction logistics.
App for drivers to track deliveries and manage real-time operations efficiently.
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Funding Insights of Tread
Tread has successfully raised a total of $120K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2018. 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 3
- Last Round Seed — $120,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Seed - Tread | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Tread | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Tread | Valuation |
investors |
| 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 Tread
Tread has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, Techstars and Ripple Ventures. 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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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided by Ripple Ventures.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 Tread
| 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 |
Financial Statements - Tread
| 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 |
Tread Comparisons
Competitors of Tread
Tread 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 Fieldwire, PlanGrid, Powerplay, Aconex and Finalcad, 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 |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
Cloud-based project management software is delivered for construction projects.
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| domain | founded_year | HQ Location |
Mobile-first quality management and field management solution for construction projects
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Tread
When was Tread founded?
Tread was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Tread located?
Tread is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Tread?
Noah Dolgoy is the current CEO of Tread. They have also founded this company.
Is Tread a funded company?
Tread is a funded company, having raised a total of $120K across 3 funding rounds to date.
What does Tread do?
Solution to track construction materials and related logistics. The solution enables construction companies to communicate with heavy equipment workers, manage their work orders, plan track routes for material distribution, manage risks by evaluating vehicle performances, and more. The solution can also be used by equipment operator companies to generate invoices, track employees, and more. The app is available for iOS and Android phones.
Who are the top competitors of Tread?
Tread's top competitors include XYZ Reality, PlanGrid and Powerplay.
What products or services does Tread offer?
Tread offers Tread Platform and Mobile App.
Who are Tread's investors?
Tread has 3 investors. Key investors include FJ Labs, Techstars, and Ripple Ventures.
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