Tech Company Financing Transactions

Thread - Autonomous Inspection Funding Round

On 10/10/2023, Thread - Autonomous Inspection raised $12 million in Series A financing from Badlands Capital, Excell Partners and Generational Partners.

Transaction Overview

Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to enhance it asset-agnostic autonomous inspection capabilities.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
4201 James Ray Drive
Grand Forks, ND 58202
USA
Phone
Undisclosed
Email Address
Overview
Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights. Companies today struggle with asset inspection. Inspections are time consuming, expensive, and dangerous. Other robotic collection methods are manual, visual based, and overwhelm organizations with data. Thread addresses this with push button robotics, automated and intelligent data collection, with inspection insights ready for analyst review. Are you looking for a better approach to inspecting assets, interested in bringing your drone or robotics program in-house, or simply wanting to learn more, we would love to talk to you about your program.
Profile
Thread - Autonomous Inspection LinkedIn Company Profile
Social Media
Thread - Autonomous Inspection Company Twitter Account
Company News
Thread - Autonomous Inspection News
Facebook
Thread - Autonomous Inspection on Facebook
YouTube
Thread - Autonomous Inspection on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joshua Riedy
  Joshua Riedy LinkedIn Profile  Joshua Riedy Twitter Account  Joshua Riedy News  Joshua Riedy on Facebook
Chief Operating Officer
James Higgins
  James Higgins LinkedIn Profile  James Higgins Twitter Account  James Higgins News  James Higgins on Facebook
Chief Technical Officer
Nick Zaccardi
  Nick Zaccardi LinkedIn Profile  Nick Zaccardi Twitter Account  Nick Zaccardi News  Nick Zaccardi on Facebook


 

 

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