Fundraising Fox

TwinThread

Charlottesville, US · Founded 2018 · Delaware corporation · 1 known investors

twinthread.com

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.

Advanced ManufacturingAI & Machine LearningCloud ComputingEnterprise SoftwareIoT

Founders & leadership

TwinThread was founded in 2018 by Erik Udstuen.

EUErik Udstuen
Erik UdstueninFounder
TNTom Nettell
Tom NettellinNamed on SEC filing
AWAndrew Waycott
Andrew WaycottinNamed on SEC filing
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 · 2

by search overlap

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.