Greycroft led a $20m Series A round in Thread AI.

Greycroft, a private equity firm, led a $20m Series A round in Thread AI, a provider of composable AI infrastructure, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. "Companies today face a frustrating dilemma when implementing AI, either settle for rigid, pre-built applications that force them to fit their business logic into a predefined structure, or invest heavily in talent, infrastructure, and engineering resources to build custom AI workflows from scratch. Thread AI offers a flexible platform that lets organizations build AI workflows suited to their operations—without compromising scalability or security," Angela McNeal, Thread AI Co-Founder and CEO.