Diligence memo · auto-generated · as of July 1, 2026
Thread Magic, Inc.
Thread Magic, Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Thread Magic, Inc. operates in Other Technology, based in ROSLYN HEIGHTS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Thread Magic, Inc. has raised $11M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2022-07-01.
Most recent recorded round closed around 2025-04-15.
Valuation (modeled)modeled
Provath models Thread Magic, Inc. at approximately $14M (range $3.4M–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.39× the median modeled value of Seed Other Technology companies in 2025–2027 (456 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 15 mo ago; this sector typically re-raises about every 13 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 75% of Other Technology peers (21292 compared).
Modeled value ranks above 29% of those peers.
Closest niche peers: Income Laboratory, Inc., Strala Group, Inc., Volur, Inc., Tensor9 Inc., TwinKnowledge Inc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.