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THREAD | Virtual Clinical Visits + eCOA - Digital Platform

Cary, United StatesFounded 2012Health Tech & Medtech
Valuation $250–500M Last recorded · 2020
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Thread and the history behind them.

About Thread

Thread Research is a leading technology company that specializes in decentralized clinical trials. The company operates in the healthcare and technology market, providing a comprehensive platform and consulting services to facilitate research. Thread Research's business model is centered around making decentralized clinical trials more efficient, flexible, and inclusive.

The company's platform allows for the integration of third-party research solutions, expanding the capabilities of a study. It also offers an omni-channel research platform, which is a multi-channel approach to conducting research that aims to provide the customer with a seamless experience. This platform is equipped with a comprehensive set of decentralized and eCOA features. eCOA, or electronic Clinical Outcome Assessments, are tools used in clinical trials to capture patient-reported, clinician-reported, and observer-reported outcomes electronically.

Thread Research also provides scientific expertise to consult on endpoints that maximize the clinical impact of COAs/sensors and study design. This means they help design studies in a way that maximizes the effectiveness of the data collected.

The company's services are designed to reach everyone, everywhere, enabling more patients to engage in clinical trials. They also focus on patient-centered outcomes, designing meaningful outcome measures to optimize decision-making about the development, commercialization, and use of medical products.

Thread Research generates revenue by offering these services to clients conducting clinical trials, including pharmaceutical companies, research institutions, and healthcare providers.

Source: Dealroom company data

At a glance

Founded
2012
Headquarters
Cary, United States
Sector
Health Tech & Medtech
Power Law
Colt$25–100M revenue

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Water Street Healthcare Partners
  • JLL Partners
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States77.5%
🇬🇧 United Kingdom8.2%
🇮🇪 Ireland6.1%
🇨🇦 Canada4.1%
🇦🇪 United Arab Emirates2%
Top 5 of 6 shown
Web traffic by country
7.2K monthly visits
across markets
🇺🇸 United States80.6%
🇮🇳 India11.1%
🇻🇳 Vietnam6.9%
🇲🇾 Malaysia0%
🇵🇰 Pakistan0%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Thread on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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