Thread AI Emerges From Stealth to Help Enterprises Design, Implement, and Manage AI Workflows

Thread AI co-founders Mayada Gonimah (left) and Angela McNeal (right)

QUICK TAKE

  • Founded by former Palantir AI Product and Engineering leads Angela McNeal and Mayada Gonimah, Thread AI has emerged from stealth with the launch of its AI infrastructure platform, Lemma.
  • Lemma is a powerful workflow solution that enables enterprises to combine disparate or previously incompatible systems into one observable, robust, and secure place where AI can be effectively and securely implemented.
  • The company has raised $6 million in seed funding, led by Index Ventures. It has already begun working with leading brands in luxury hospitality, digital marketing, public safety, and financial services.

INDEX PERSPECTIVE

"Angela and Maya are leveraging their deep AI technical expertise to solve a critical enterprise infrastructure problem. By bringing together previously scattered systems, Lemma delivers value that could not be recognized otherwise. We are thrilled to support them as they help enterprises get the most from AI, securely."

— Shardul Shah, Partner at Index Ventures

Thread full team

The Thread AI team

THE DETAILS

The average enterprise utilizes over 100 software products – some cutting-edge, some legacy. AI has opened up endless possibilities for innovation and process optimization across these disparate systems. However, it currently takes complex, purpose-built infrastructure to seamlessly connect different AI data models across dozens of systems and authentication policies, all of which require specialized knowledge and significant time to build in-house.

Thread AI’s Lemma platform solves all this, enabling enterprises to build scalable, safe, and robust AI-powered workflows, without the need to develop and maintain complex infrastructure. In one platform, Lemma allows organizations to prototype and productionize automated, event-driven, distributed workflows that span AI models, APIs, and applications, while seamlessly incorporating constraints such as cost and human-in-the-loop handoffs.

This enables businesses to cut operational overheads and complexity while increasing productivity and efficiency across organizations, systems, and processes. Plus, the platform natively provides a governance layer for all AI models being used within an organization, ensuring visibility and control over how data is used.

“Enterprises are eager to adopt AI but struggle navigating a fragmented landscape of tools and addressing critical security and governance concerns,” explains Angela McNeal, who co-founded Thread AI with fellow former Palantir AI Product and Engineering lead Mayada Gonimah.

“Today, enterprises that are trying to leverage AI for workflow automation with a human-in-the-loop component typically are limited to two bad choices: either build the supporting infrastructure from the ground up, which is time-intensive and challenging, or purchase an application layer service with a single solution to a specific workflow, which doesn’t scale. Maya and I knew we could develop something better.”

Thread AI is already enabling companies across a wide spectrum of industries to build powerful AI workflows. One such user is digital marketing agency VaynerMedia. “We believe that AI is a fundamental tool to make our jobs more productive, augmenting teams to become more efficient and effective than ever before,” says Ben Allison, VaynerMedia’s Head of Media Operations. “Thread AI’s open, flexible platform is a perfect fit, as it allows us to tailor AI workflow solutions to our specific needs, while mitigating risk and meeting stringent security requirements.”

The Lemma platform can also connect and integrate physical systems to AI workflows, enabling companies with complex hardware footprints, such as defense contractors and energy companies to utilize the system.

"Thread AI's Lemma Platform transformed AI for us from a large, complex problem set, to being as simple as curling an API," explains Colin Bell, EVP of Cloud for BRINC Drones. "Now that we can develop customer facing AI features in just days, we've recommended their platform to several partners to help the industry fundamentally change how they approach AI."

Alongside the launch of Lemma, Thread AI has announced $6 million in seed funding led by Index Ventures and supported by notable angels including Datadog CEO Olivier Pomel, former Roblox CTO Dan Sturman, and Satya Patel and Hunter Walk (Homebrew). The funds will be used to fuel growth as the company seeks to make key hires in the coming months and expand its public sector footprint.

In this post: Thread AI, Shardul Shah

Published — Oct. 1, 2024