Tech Company Financing Transactions
Thread AI Funding Round
On 10/1/2024, Thread AI raised $6 million in Seed funding from Index Ventures, Greycroft Partners and Homebrew Ventures.
Transaction Overview
Company Name
Announced On
10/1/2024
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, hire in the coming months, and expand its public sector presence.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
131 Varick Street 1029
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded by AI and Engineering leaders from Palantir Technologies, Thread AI's goal is to make infrastructure simple for enterprises and public sector agencies seeking to get the most from AI. Its composable infrastructure platform, Lemma, enables companies to seamlessly design, implement, and manage AI-powered workflows on critical paths.
Management Team
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