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Thread AI raises $20M for its AI-powered workflow automation platform

  • Thread AI Inc., a startup focusing on AI-powered workflow automation, has secured $20 million in funding in a Series A round led by Greycroft.
  • The company was founded by former Palantir Technologies Inc. employees Mayada Gonimah and Angela McNeal and offers the Lemma platform for automating complex tasks.
  • Lemma uses an open-source technology called Serverless Workflow (SWF) with added features to simplify AI model integration and automate workflows efficiently.
  • Thread AI's platform helps customers automate tasks like troubleshooting hardware malfunctions, ingesting various types of data, and enhancing cybersecurity, resulting in up to 70% faster business processes.

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