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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/
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
| 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
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Draper Triangle
|
Yes | Series A |
|
|
— | Series A |
Riverfront Ventures
|
— | Series A |
Innovation Works
|
— | Seed |
Urban Redevelopment Authority of Pittsburgh
|
— | Seed |
Idea Foundry
|
— | Convertable Note |
Employee Profiles
