When was THREAD founded?

THREAD was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Where is THREAD located?

THREAD is headquartered in Tustin, United States. It is registered at Tustin, California.

How many employees does THREAD have?

As of Sep 30, 2026, the latest employee count at THREAD is 138.

Is THREAD a funded company?

THREAD is a funded company, having raised a total of $***** in its 1st and only funding round, a Series C round on Aug 17, 2020.

When was the latest funding round of THREAD?

THREAD's latest funding was a $***** Series C round on Aug 17, 2020, with participation from 2 investors.

Where does THREAD rank among its competitors?

THREAD ranks 11th amongst 95 active competitors, of which 19 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Precision Digital Health, which secured $5.59M in Jul, 2026.

Who are the top competitors of THREAD?

THREAD's top competitors include Florence, Clinical Research IO and Cumulus Neuro. Among them, Precision Digital Health secured the most recent funding round in July, 2026.

THREAD - 2026 Company Profile, Team, Funding & Competitors

Company Details

Thread Research offers patient research studies software. The platform helps to keep track of patient outcomes and patient consent. It helps to study patient performance in real-time. The company offers its platform ePRO library which offers patient-facing application data integrated with multiple wearables medical devices. The platform also helps pharma companies and academic researchers.

Website: www.threadresearch.com/
Social
Email ID: *****@threadresearch.com
Phone Number: +1 **********
Registered Address: Tustin, California

Key Metrics

Founded Year

2012

Location

Tustin, United States

Stage

Acquired

Total Funding

$50M in 1 round

Latest Funding Round

Series C, Aug 17, 2020, $*****

Investors

JLL Partners & 1 more

Ranked

11^th among 95 active competitors

Employee Count

138 as on Sep 30, 2026

Investment & Acquisitions

CureClick Trials & 2 more

Similar Companies

Florence & 126 more

Exit Details

Acquired by Water Street (Aug 27, 2019)

View THREAD's full profile

THREAD is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DEFINITIVE MEDIA CORP. CIN: 263969490 , United States, Active	Dec 21, 2008	-	70 (As on Dec 31, 2024)	-

THREAD got acquired by Water Street and JLL Partners on Aug 27, 2019.

Click here to take a look at THREAD's acquisition in detail

THREAD has raised a total funding of $50M over 1 round. Its latest funding round was a Series C round on Aug 17, 2020 for $*****. 2 investors participated in its latest round. THREAD has 2 institutional investors.

Here is the list of recent funding rounds of THREAD:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 17, 2020	5274021	Series C	9883475	9060388	3180964	5758665

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View details of THREAD's funding rounds and investors

The founders of THREAD is Jeff Frazier.

Here are the details of THREAD's key team members:

Jeff Frazier: Founder of THREAD. They serve on the board of 1 company.

View details of THREAD's Founder profiles and Board Members

THREAD's employee count trend

THREAD has 138 employees as of Sep 26. Here is THREAD's employee count trend over the years:

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Top competitors of THREAD include Florence, Clinical Research IO and Cumulus Neuro. Here is the list of Top 10 competitors of THREAD, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Florence 2014, Atlanta (United States), Series C	Provider of remote monitoring management for clinical trials	$116M	Insight Partners, Bee Partners & 7 others	73/100
2nd	Clinical Research IO 2015, Boston (United States), Series B	Provider of a clinical trial management software for researcher	$16.7M	Rally Ventures, Riverside & 8 others	61/100
3rd	Cumulus Neuro 2015, Belfast (United Kingdom), Series A	AI and cloud-based brain physiology analysis tool for clinical trials	$19.6M	Par Equity, Innovate UK & 29 others	57/100
4th	L7 Informatics 2012, Austin (United States), Series C	Provider of a clinical trail workflow management software for laboratories	$55M	Banneker Partners, Phoenix Venture Partners	56/100
5th	Mednet 2012, Minnetonka (United States), Acquired	Cloud-based platform provider for e-clinics and electronic data	$20.5M	Arrowroot Capital Management, Cohesive Capital	55/100
6th	Sonrai Analytics 2018, Belfast (United Kingdom), Seed	Developer of software for data analytics and ingishts	$3.56M	Forward Partners, Techstart Ventures & 25 others	52/100
7th	Precision Digital Health 2015, Irvine (United States), Series A	Digital health solutions for complex clinical trials and real-world data	$5.59M	Boston Millennia Partners, PavLyfe	50/100
8th	Curebase 2017, San Francisco (United States), Unfunded	Provider of patient enrollment and engagement platform for decentralized clinical research	-	-	45/100
9th	Castor 2012, New York City (United States), Series B	Electronic Data Capture (EDC), eCRF, ePRO application for online data collection for medical research	$65M	F-Prime Capital, Two Sigma Ventures & 5 others	45/100
10th	MDClone 2016, Be er Sheva (Israel), Series C	Provider of software that creates synthetic medical records for fictitious patients	$104M	Lightspeed Venture Partners, Orbimed & 3 others	45/100
11th	THREAD 2012, Tustin (United States), Acquired	Provider of patient research studies software	$50M	Water Street, JLL Partners	45/100

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THREAD has acquired 3 companies including CureClick Trials, inVibe and Modus Outcomes. THREAD has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 19, 2022	Acquisition	CureClick Trials	2014	Irvine (United States)
Jan 12, 2022	Acquisition	inVibe	2013	Costa Mesa (United States)
Nov 04, 2021	Acquisition	Modus Outcomes	2014	Cambridge (United States)