Thread transforms trash from the developing world into dignified jobs and the most responsible fabric on the planet. Our customers instantly improve the social and environmental impact of their products by incorporating our world-class fabrics, while capturing the traceable stories customers crave. We're proud to be a Certified B Corporation.
Company Growth (employees)
Type
Private
HQ
Pittsburgh, US
Founded
2011
Size (employees)
20 (est)-9%
Thread was founded in 2011 and is headquartered in Pittsburgh, US

Thread Office Locations

Thread has an office in Pittsburgh
Pittsburgh, US (HQ)
210 124 S Highland Ave

Thread Data and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$3.5 m

Latest funding size

$2.8 m

Time since last funding

about 2 years

Investors

Thread's latest funding round in June 2015 was reported to be $2.8 m. In total, Thread has raised $3.5 m

Thread Financial Metrics

GBP

Cash (31-Dec-2015)

986.5 k
GBPFY, 2013FY, 2014FY, 2015

Cash

535.1 k3.3 m986.5 k

Accounts Receivable

106.8 k355.2 k457.7 k

Current Assets

718.8 k3.6 m1.6 m

PP&E

6.6 k26.6 k80.7 k

Goodwill

9.2 k8.3 k7.3 k

Total Assets

734.6 k3.7 m1.6 m

Accounts Payable

28.2 k182.9 k481.9 k

Current Liabilities

28.2 k182.9 k481.9 k

Total Liabilities

1.5 m6.6 m7.2 m

Total Equity

(797.4 k)(2.9 m)(5.5 m)

Financial Leverage

-0.9 x-1.3 x-0.3 x
Y, 2015

Financial Leverage

-0.3 x

Thread Online and Social Media Presence

Thread News and Updates

Thread Company Life and Culture

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