Thread (Clothing) Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 87

Employees

  • Latest Deal Type
  • M&A

Thread (Clothing) General Information

Description

Operator of an online personal styling platform designed to help find suitable clothes. The company's platform offers a combination of human stylist and machine learning algorithms, where they receive personalized information from human stylists and suggestions from an algorithm that understands the customer's preferences over time, enabling individuals to receive recommendations on clothes in their preferred style, size, and budget.

Contact Information

Website
www.thread.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Alie Street
  • London E1 8DE
  • England, United Kingdom
Primary Industry
Clothing
Other Industries
Application Software
Acquirer
Marks & Spencer
Vertical(s)
Big Data, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 1 Alie Street
  • London E1 8DE
  • England, United Kingdom

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Thread (Clothing) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Merger/Acquisition 30-Nov-2022 Completed Bankruptcy: Admin/Reorg
8. Bankruptcy: Admin/Reorg 01-Nov-2022 Completed Bankruptcy: Admin/Reorg
7. Later Stage VC (Series B) 24-Nov-2021 Completed Generating Revenue
6. Later Stage VC 09-Apr-2020 Completed Generating Revenue
5. Later Stage VC (Series B) 03-Jan-2019 Completed Generating Revenue
4. Later Stage VC (Series B) 16-Oct-2018 Completed Generating Revenue
3. Early Stage VC (Series A) 23-Aug-2015 Completed Startup
2. Seed Round 01-Dec-2013 $3.22M $3.22M Completed Startup
1. Early Stage VC 01-Jan-2012 Completed Startup
To view Thread (Clothing)’s complete valuation and funding history, request access »

Thread (Clothing) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online personal styling platform designed to help find suitable clothes. The company's platform offers a
Clothing
London, United Kingdom
87 As of 2022

Richmond, VA
 

San Francisco, CA
 
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Thread (Clothing) Competitors (6)

One of Thread (Clothing)’s 6 competitors is Alton Lane, a Venture Capital-Backed company based in Richmond, VA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alton Lane Venture Capital-Backed Richmond, VA
MTailor Venture Capital-Backed San Francisco, CA
The Drop Venture Capital-Backed London, United Kingdom
Frank And Oak Venture Capital-Backed Montreal, Canada
Indochino Private Equity-Backed Vancouver, Canada
To view Thread (Clothing)’s complete competitors history, request access »

Thread (Clothing) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Thread (Clothing) Former Investors (32)

Investor Name Investor Type Holding Investor Since Participating Rounds
Allegro Capital Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
Balderton Capital Venture Capital Minority
Beringea Venture Capital Minority
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Thread (Clothing) FAQs

  • When was Thread (Clothing) founded?

    Thread (Clothing) was founded in 2012.

  • Where is Thread (Clothing) headquartered?

    Thread (Clothing) is headquartered in London, United Kingdom.

  • What is the size of Thread (Clothing)?

    Thread (Clothing) has 87 total employees.

  • What industry is Thread (Clothing) in?

    Thread (Clothing)’s primary industry is Clothing.

  • Is Thread (Clothing) a private or public company?

    Thread (Clothing) is a Private company.

  • What is Thread (Clothing)’s current revenue?

    The current revenue for Thread (Clothing) is .

  • How much funding has Thread (Clothing) raised over time?

    Thread (Clothing) has raised $41.4M.

  • Who are Thread (Clothing)’s investors?

    Allegro Capital, , , Balderton Capital, and Beringea are 5 of 32 investors who have invested in Thread (Clothing).

  • Who are Thread (Clothing)’s competitors?

    Alton Lane, MTailor, The Drop, Frank And Oak, and Indochino are some of the 6 competitors of Thread (Clothing).

  • When was Thread (Clothing) acquired?

    Thread (Clothing) was acquired on 30-Nov-2022.

  • Who acquired Thread (Clothing)?

    Thread (Clothing) was acquired by Marks & Spencer.

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