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TwinThread
Charlottesville, US · Founded 2018 · Delaware corporation · 44 employees on LinkedIn · 1 known investors
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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.
EU
Erik UdstuenFounderHe has spent three decades working in industrial software and real-time analytics for critical operations.
JG
James GillespieNamed on SEC filing
Board
RH
Investors · 1
Next Frontier Capitallisted by Next Frontier CapitalBozeman · $2M – $5M
How we know: Next Frontier Capital's portfolio page · funding news · press coverage · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$13.2M disclosed across 3 rounds · 2018–2022
▶$6.1MraisedJun 2022 · 5 investors · Other TechnologyRule 506(b)
▶$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
▶$3.8MraisedFeb 2020 · 15 investors · Other TechnologyRule 506(b)
▶$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
▶$3.3MraisedFeb 2020 · 13 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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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.