Fundraising Fox

TwinThread

Charlottesville, US · Founded 2018 · Delaware corporation · 44 employees on LinkedIn · 1 known investors

Find your way into TwinThread

167 people in our graph share verified history with the TwinThread team — schools, employers, funds. One of them is your warm intro.

Kevin Rileyunlockedknows Erik Udstuen · together at Miami University (overlapped)
×8knows the team · via GE
×3knows the team · via Miami University

TwinThread provides a cloud-based platform for managing industrial data with security and reliability built for critical operations. The platform serves industrial organizations requiring secure data handling, monitoring, and control of operational systems.

Founders & leadership

TwinThread was founded in 2018 by Erik Udstuen.

EUErik Udstuen
Erik UdstueninFounderHe has spent three decades working in industrial software and real-time analytics for critical operations.
TNTom Nettell
Tom NettellinCTO & Co-founder
AWAndrew Waycott
Andrew WaycottinPresident & Co-founder
JG
James GillespieNamed on SEC filing

Board

RHRichard Harjes
Richard HarjesinBoard directorInvestor at Next Frontier Capital

Investors · 1

Reported raises · per SEC filings

Form D private placements

$13.2M disclosed across 3 rounds · 2018–2022

$6.1MraisedJun 2022 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Erik UdstuenExecutive Officer, Director, Promoter
  • Richard HarjesDirector
  • Andrew WaycottExecutive Officer, Promoter
  • Tom NettellExecutive Officer, Promoter
  • James GillespieDirector
Offering amount
$7.2M
Amount sold
$6.1M
First sale
Mar 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.8MraisedFeb 2020 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tom NettellExecutive Officer, Promoter
  • Erik UdstuenExecutive Officer, Director, Promoter
  • Andrew WaycottExecutive Officer, Promoter
  • Richard HarjesDirector
  • James GillespieDirector
Offering amount
$3.8M
Amount sold
$3.8M
First sale
Aug 2018
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.3MraisedFeb 2020 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew WaycottExecutive Officer, Promoter
  • James GillespieDirector
  • Richard HarjesDirector
  • Tom NettellExecutive Officer, Promoter
  • Erik UdstuenExecutive Officer, Director, Promoter
Offering amount
$5.3M
Amount sold
$3.3M
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap
Thread9 shared keywordsThread provides an AI-powered service desk for managed service providers (MSPs), using AI agents to handle client calls, chat, and email, automatically create and triage tickets, and capture knowledge from resolutions. It offers native integrations with PSA and documentation platforms to give technicians instant client context, history, and suggested fixes.
Amogy8 shared keywordsAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.
GREYMATTER.IO INC.8 shared keywordsGreymatter.io provides a Zero Trust Networking platform that secures and manages service-to-service connectivity for enterprises across multicloud and hybrid environments. The platform combines identity, encryption, policy enforcement, orchestration, analytics, and integration to control how applications, APIs, and AI workloads communicate while centralizing security and observability.
Gray Matter7 shared keywordsGrayMatter Robotics builds AI-powered robotic systems, marketed as Factory SuperIntelligence, that perform physically demanding industrial manufacturing tasks with high precision and reduced material waste. It offers manufacturers a subscription-based service model covering hardware, software, training, and 24/7 support to avoid large upfront capital costs.

Companies competing with TwinThread for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does TwinThread do?
TwinThread provides a cloud-based platform for managing industrial data with security and reliability built for critical operations. The platform serves industrial organizations requiring secure data handling, monitoring, and control of operational systems.
Who founded TwinThread?
TwinThread was founded by Erik Udstuen in 2018.
Who are TwinThread's investors?
TwinThread's investors include Next Frontier Capital.
How much funding has TwinThread raised?
TwinThread has disclosed $13.2M raised across 3 rounds.
Where is TwinThread headquartered?
TwinThread is headquartered in Charlottesville, US.