The round was led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. Founded by former Palantir executives Angela McNeal and Mayada Gonimah, Thread AI helps enterprises design, deploy, and scale AI-powered workflows through its core platform, Lemma.

Thread AI's goal is to make infrastructure simple for enterprises seeking to get the most from AI. Its composable infrastructure platform, Lemma, enables companies to seamlessly design, implement, and manage AI-powered workflows on critical paths.