Companies · Sports & Fitness

Sports Thread Inc

DENVER · Sports & Fitness · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Sports Thread Inc — recommendation, valuation, rhythm, risks.
$5.1M
Total raised · real
8
Rounds
1.3×
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Mon Apr 22 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Sports Thread Inc looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Seed Sports & Fitness companies in 2022–2024 (21 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Quiet
  • Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Sports & Fitness

Sports Thread Inc is one of 214 Sports & Fitness companies tracked from DENVER. By capital raised it ranks in the upper tier (ahead of 73% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2014-07-01 Raised $1.0M (real) Modeled valuation $23M (est)Pre-Seed2014Pre-Seed · 2015-02-05 Raised $280K (real) Modeled valuation $6.5M (est)Pre-Seed2015Pre-Seed · 2015-02-05 Raised $320K (real) Modeled valuation $7.4M (est)Pre-Seed2015Pre-Seed · 2015-07-01 Raised $200K (real) Modeled valuation $4.6M (est)Pre-Seed2015Pre-Seed · 2015-07-01 Raised $850K (real) Modeled valuation $20M (est)Pre-Seed2015Pre-Seed · 2015-07-01 Raised $300K (real) Modeled valuation $6.9M (est)Pre-Seed2015Pre-Seed · 2017-07-01 Raised $500K (real) Modeled valuation $12M (est)Pre-Seed2017Pre-Seed · 2018-10-08 Raised $105K (real) Modeled valuation $2.4M (est)Pre-Seed2018Pre-Seed · 2020-03-19 Raised $150K (real) Modeled valuation $3.5M (est)Pre-Seed2020Pre-Seed · 2021-10-20 Raised $243K (real) Modeled valuation $3.2M (est)Pre-Seed2021Seed · 2023-01-31 Raised $1.5M (real) Modeled valuation $11M (est)Seed2023Seed · 2024-04-22 Raised $2.0M (real) Modeled valuation $9.0M (est)Seed2024Cumulative $7.4M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$1.0M · 2014
Pre-Seed extension$280K · 2015
Pre-Seed extension$320K · 2015
Pre-Seed extension$200K · 2015
Pre-Seed extension$850K · 2015
Pre-Seed extension$300K · 2015
Pre-Seed extension$500K · 2017
Pre-Seed extension$105K · 2018
Pre-Seed extension$150K · 2020
Pre-Seed extension$243K · 2021
Seed$1.5M · 2023
Seed extension$2.0M · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$9.0M
Base estimate est.
$1.8M
Conservative case
$25.3M
Upside case
$10.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $23.1M · 2014-07-012014Pre-Seed · modeled $6.5M · 2015-02-05Pre-Seed · modeled $7.4M · 2015-02-05Pre-Seed · modeled $4.6M · 2015-07-01Pre-Seed · modeled $19.6M · 2015-07-01Pre-Seed · modeled $6.9M · 2015-07-01Pre-Seed · modeled $11.6M · 2017-07-01Pre-Seed · modeled $2.4M · 2018-10-08Pre-Seed · modeled $3.5M · 2020-03-19Pre-Seed · modeled $3.2M · 2021-10-20Seed · modeled $10.7M · 2023-01-31Seed · modeled $9.0M · 2024-04-222024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$518K/yr
Capital velocity
12.0 yr
On record since
2014
First round
12
Rounds on file
How it compares to the market

Benchmarked against 214 companies in Sports & Fitness. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.9× above median
This company$5.1M
Sector median$1.8M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$9.0M
Sector median$11.6M

Raised more than 73% of sector peers (real $). Modeled value above 53% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #11 of 21.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)MW Fitness Holdings, LLC · Seed Raised $5.5M · modeled $20.7M (est)So Cal Gyms II LLC · Seed Raised $3.1M · modeled $20.3M (est)Athletic Estate, Inc. · Seed Raised $3.0M · modeled $18.7M (est)Sports Visio, Inc. · Seed Raised $6.1M · modeled $17.7M (est)New England Sports Hub & Event Center, LLC · Seed Raised $3.2M · modeled $16.7M (est)New England Sports Hub Real Estate, LLC · Seed Raised $2.9M · modeled $15.2M (est)Moonwalk Fitness Inc. · Seed Raised $3.4M · modeled $14.5M (est)F5 Sports, Inc. · Seed Raised $5.3M · modeled $14.2M (est)Safer Sports, Inc. · Seed Raised $2.6M · modeled $13.4M (est)EAMG Sports, LLC · Seed Raised $3.0M · modeled $11.0M (est)Taurus Gym Holdings, LLC · Seed Raised $1.5M · modeled $8.9M (est)Sports Thread Inc (this company) Raised $5.1M · modeled $9.0M (est)Sports Thread Inc
CompanyStageRaised · realValue · estvs peer med.
MW Fitness Holdings, LLCSeed$5.5M$20.7M2.29×
So Cal Gyms II LLCSeed$3.1M$20.3M2.25×
Athletic Estate, Inc.Seed$3.0M$18.7M2.07×
Sports Visio, Inc.Seed$6.1M$17.7M1.96×
New England Sports Hub & Event Center, LLCSeed$3.2M$16.7M1.85×
New England Sports Hub Real Estate, LLCSeed$2.9M$15.2M1.69×
Moonwalk Fitness Inc.Seed$3.4M$14.5M1.60×
F5 Sports, Inc.Seed$5.3M$14.2M1.57×
Safer Sports, Inc.Seed$2.6M$13.4M1.49×
EAMG Sports, LLCSeed$3.0M$11.0M1.22×
Sports Thread Inc this companySeed$5.1M$9.0M1.00×
Taurus Gym Holdings, LLCSeed$1.5M$8.9M0.99×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$1.0M2014-07-01$5.6M$23.1M85%
Pre-Seed$280K2015-02-05$1.6M$6.5M90%
Pre-Seed$320K2015-02-05$1.8M$7.4M85%
Pre-Seed$200K2015-07-01$1.1M$4.6M85%
Pre-Seed$850K2015-07-01$4.7M$19.6M85%
Pre-Seed$300K2015-07-01$1.7M$6.9M90%
Pre-Seed$500K2017-07-01$2.8M$11.6M90%
Pre-Seed$105K2018-10-08$583K$2.4M90%
Pre-Seed$150K2020-03-19$833K$3.5M90%
Pre-Seed$243K2021-10-20$1.3M$3.2M90%
Seed$1.5M2023-01-31$7.5M$10.7M90%
Seed$2.0M2024-04-22$10.0M$9.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$1.0M2014-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$280K2015-02-05
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 3.6× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Pre-Seed$320K2015-02-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  4. Pre-Seed$200K2015-07-01
    • Came back fast: 5 mo vs the ~14 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  5. Pre-Seed$850K2015-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.3× larger than the prior — scaling up.
  6. Pre-Seed$300K2015-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  7. Pre-Seed$500K2017-07-01
    • Raised again after 24 mo — slower than the ~14 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • Revenue band moved No revenue → $0–$1M.
  8. Pre-Seed$105K2018-10-08
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 4.8× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  9. Pre-Seed$150K2020-03-19
    • Raised 17 mo later, in step with the ~14 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 2 investors on this round.
  10. Pre-Seed$243K2021-10-20
    • Raised 19 mo later, in step with the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 10 investors on this round.
  11. Seed$1.5M2023-01-31
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 6.2× larger than the prior — scaling up.
  12. Seed$2.0M2024-04-22
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
Intelligence
2025 ~Q1
Modeled next raise · ~11mo cadence
$2.7M
Modeled next size est.range $2.0M$4.3M
1.3×
Last step-up
$518K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Richard O'Donnell1 other2018-10
Bradley Parker2020-03
Bradley R. Parker2018-10
Brad Parker2015-02
Brad R. Parker2017-07
Dick C. O'Donnell2015-02
Dick O'Donnell2015-07
Douglas R. Weiner2017-07
Douglas Weiner2014-07
Harold Gorden2014-07
Laura Conrad2023-01
Michael Tanner2014-07
Orlando Poole2023-01
Rick C. Esterline2015-02
Rick Esterline2015-07
Ronald C. Voss2014-07
Ronald Voss2015-07
Sean Leary2015-02
Tab C. Evetts2015-02
Tab Evetts2015-07
Vance Andrus2023-01
William Childs2023-01
William C. Leary2017-07
William Leary2014-07
Registry & provenance

Sports Thread Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1624097
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Athletic Club Holdings, Inc.Sports & FitnessSeed$5.0M$13.8Msame sector · same stage
F5 Sports, Inc.Sports & FitnessSeed$5.3M$14.2Msame sector · same stage
MW Fitness Holdings, LLCSports & FitnessSeed$5.5M$20.7Msame sector · same stage
Sports Visio, Inc.Sports & FitnessSeed$6.1M$17.7Msame sector · same stage
Brickhouse Athletics LLCSports & FitnessSeed$4.0M$30.8Msame sector · same stage
ROAR Athletic Performance Corp.Sports & FitnessSeed$6.5M$37.2Msame sector · same stage
New Hampshire Sports Company, LLCSports & FitnessSeed$3.8M$69.7Msame sector · same stage
Predictive Fitness, Inc.Sports & FitnessSeed$3.6M$4.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
SportTechie, Inc.Other TechnologySeed$49.9M90%
Sportscale, Inc.Other TechnologyPre-Seed$2.6M89%
SportGait, Inc.Other TechnologySeed$70.0M88%
Common Thread, Inc.Other TechnologySeed$6.6M88%
Chat Sports, Inc.Sports & FitnessSeed$35.9M88%
Sportsyard, Inc.Other TechnologyPre-Seed$8.5M88%
Sports Engineering, Inc.Sports & FitnessPre-Seed$15.5M88%
Overtime Sports Inc.Sports & FitnessSeries D+$1.3B88%
Frequently asked
How much funding has Sports Thread Inc raised?
Sports Thread Inc has raised approximately $5.1M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Sports Thread Inc's estimated valuation?
Provath's modeled valuation for Sports Thread Inc is approximately $9.0M (modeled range $1.8M–$25.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sports Thread Inc at?
Sports Thread Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Apr 22.
What does Sports Thread Inc do and where is it based?
Sports Thread Inc operates in the Sports & Fitness sector, based in DENVER.
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