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How Simple Thread CEO Justin Etheredge grew Simple Thread to $2.6K revenue with a 48 person team in 2024.

A user experience and software agency with a strong focus in the energy and utility sectors

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Simple Thread Revenue

In 2024, Simple Thread's revenue reached $2.6K. The company previously reported $5M in 2024. Since its launch in 2010, Simple Thread has shown consistent revenue growth.

Simple Thread Revenue GrowthReported revenue / ARR by year$0$600$1K$2K$2K$3K20102012201420162018202020222024$0$3KSource: GetLatka.com
YearMilestoneQuote
2024Simple Thread Hit $2.6k revenue in November 2024
2024Simple Thread Hit $5m revenue in June 2024
2010Launched with $0 revenue

Simple Thread Valuation, Funding Rounds

Simple Thread's most recent disclosed valuation is $7.7K.

Simple Thread is a bootstrapped Software Development Agency startup. Founded in 2010, Simple Thread has grown to $2.6K in revenue without raising any venture capital or outside funding.

As a self-funded Software Development Agency SaaS company, Simple Thread has built its business with no outside investment.

Simple Thread Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120102010 cumulative: $0 • 2010 Founded: $02010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Simple Thread Employees & Team Size

Simple Thread employs approximately 48 people as of 2026.

Simple Thread has 48 total employees in different roles and functions.

Simple Thread Team GrowthReported headcount over time0132538506320102012201420162018202020222024004848Source: GetLatka.com
YearMilestone
2024Reached 48 employees (November 2024)

Founder / CEO

Justin Etheredge

Justin Etheredge is listed as Founder / CEO at Simple Thread.

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Customers

We do not have customer count information for Simple Thread yet.

Frequently Asked Questions about Simple Thread

What is Simple Thread's revenue?

Simple Thread generates $2.6K in revenue.

Who founded Simple Thread?

Simple Thread was founded by Justin Etheredge.

Who is the CEO of Simple Thread?

The CEO of Simple Thread is Justin Etheredge.

How much funding does Simple Thread have?

Simple Thread raised $0.

How many employees does Simple Thread have?

Simple Thread has 48 employees.

Where is Simple Thread headquarters?

Simple Thread is headquartered in Glen Allen, Virginia, United States.

Compare Simple Thread to the industry

Simple Thread operates across multiple industries. Browse revenue, funding, and growth data for Simple Thread in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .