Thread

About

Thread transforms plastic waste from the developing world into socially and environmentally responsible fabric.

Pittsburgh,Pennsylvania,United States
11 - 50
http://www.threadinternational.com/

Highlights

Details

Last Funding Type: Equity Crowdfunding
Last Funding Money Raised: $2.02M
Industries: Advanced Materials,Building Material,Recycling
Founded date: Jan 1, 2011
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Thread International

Thread transforms plastic waste from the developing world into socially and environmentally responsible fabric. Apparel and accessories brands use Thread fabric to instantly improve the social impact, carbon footprint, and value of their own goods.

Thread captures the stories of the people whose lives have been transformed by their fabric-making process, measures impact data and helps brands share that narrative with customers through their Ground to Good storytelling platform.

Thread fabric already supports nearly 2,700 income opportunities and collects over 6 million bottles from the neighborhoods of Haiti and Honduras each month.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$6.82M

Thread has raised a total of $6.82M in funding over 2 rounds. Their latest funding was raised on Nov 14, 2019 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 14, 2019	Series Unknown	—	—	—	—	Detail
Oct 29, 2018	Equity Crowdfunding	$2.02M	—	—	—	Detail
Jan 9, 2018	Debt Financing	$1.25M	—	—	—	Detail
Jun 16, 2015	Series A	$2.80M	3	Draper Triangle	—	Detail
Nov 21, 2013	Seed	$700K	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

6

Thread is funded by 6 investors. Draper Triangle and DNS Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Draper Triangle	Yes	Series A
DNS Capital	—	Series A
Riverfront Ventures	—	Series A
Innovation Works	—	Seed
Urban Redevelopment Authority of Pittsburgh	—	Seed
Idea Foundry	—	Convertable Note