Tech Company Financing Transactions
Treads Funding Round
Treads, operating out of Park City, secured $4.6 million from Mucker Capital, Convoi Ventures and Kickstart Seed Fund.
Transaction Overview
Company Name
Announced On
11/2/2023
Transaction Type
Venture Equity
Amount
$4,600,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support its expansion into 16 additional cities in the U.S., making it available in 34 cities by the end of 2023.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1090 Center Dr
Park City, UT 84098
USA
Park City, UT 84098
USA
Phone
Website
Email Address
Overview
Treads is an AI-powered car management subscription designed to make car ownership more enjoyable by eliminating the hassle of car maintenance while making the roads safer for everyone. Treads has you covered for tires, alignments, oil changes, wiper blades, and even auto insurance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zacharie Olson
Chief Operating Officer
Steven Chic
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