Thread

About Thread

Thread is a company focused on providing collaborative data management solutions for electric utilities through its platform, UNITI. UNITI aims to improve data visibility, enhance collaboration, enable data-backed decisions, and transform how utility teams manage data by organizing, analyzing, and acting on it efficiently. The platform supports proactive asset management, reduces downtime, and optimizes maintenance schedules.

Products & Services

UNITI for Utilities:A collaborative workspace designed for utilities to manage data, automate workflows, annotate imagery, and facilitate collaboration across teams like inspectors, operators, and managers.

UNITI Connect:An integration tool that removes automation gaps, enabling teams to focus on work and increase productivity.

Features (Sharing & Collaboration, Manage, Analyze, Act):Tools for team engagement, data storage and organization, analysis linked to assets, and converting outcomes into actionable reports or work orders.

Specialties

Collaborative Data Management Asset-Centric Architecture Workflow Automation Imagery Annotation Data Visibility and Transparency Utility Inspection and Maintenance Optimization

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A T: - FT: Series A	A: 15000000 MR: - FA: $15M FAN: 15000000	D: 2023-10-10 FD: 2023-10-10	7 investors

Series A Latest

2023-10-10

$15.0M

7 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

P

Paul Breuler

CTO and Product Leader

G

Gray Byers

CBO

J

Joshua Riedy

CEO and Co-Founder

J

Jim Higgins

COO and Co-Founder

T

Travis Desell

Co-Founder and AI/ML Lead

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Recent News

Thread Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised