What does Thread AI do?
Thread AI is a New York City-based platform that enables enterprises and public sector agencies to design, deploy, and scale AI-powered workflows and agents. Its flagship product, Lemma, connects AI models, data sources, and business logic into adaptable, end-to-end processes with enterprise-grade security.
How much did they raise?
The company secured $20M in Series A funding. The round was led by Greycroft with participation from Index Ventures, Scale Venture Partners, Meritech Capital, and Homebrew.
What are their plans for the money?
Thread AI plans to use the funds to expand its operations and development efforts, aiming to further enhance the Lemma platform and accelerate the deployment of event-driven, distributed AI workflows across enterprise sectors.
What have they achieved so far?
Thread AI has demonstrated progress through its development of Lemma, a composable infrastructure that supports unlimited AI models, APIs, and applications, enabling rapid prototyping and deployment of secure AI-driven processes.
