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2024 Revenue

$5.9M

Funding

$0

YOY

47.4%

Team · 2025

40

Founded

2016

How Tread CEO Noah Dolgoy grew to $5.9M revenue with a 40 person team in 2024.

Developer of a construction management platform designed to hire equipment operating subcontractors easily. The company's platform uses data analytics to keep construction moving and serves as a bridge between heavy equipment operators and construction companies, enabling users to record and measure equipment usages in real time and save extra costs.

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Tread Revenue

In 2024, Tread's revenue reached $5.9M. The company previously reported $4M in 2023. Since its launch in 2016, Tread has shown consistent revenue growth.

Tread Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M201620172018201920202021202220232024$0$3.5M$4M$5.9MSource: GetLatka.com
YearMilestoneQuote
2024Tread Hit $5.9m revenue in October 2024
2023Tread Hit $4m revenue in December 2023
2021Tread Hit $3.5m revenue in April 2021
2016Launched with $0 revenue

Tread Valuation, Funding Rounds

Tread is a bootstrapped Analytics Platforms startup. Founded in 2016, Tread has grown to $5.9M in revenue without raising any venture capital or outside funding.

As a self-funded Analytics Platforms SaaS company, Tread has built its business with no outside investment.

Tread Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Noah Dolgoy

CEO

Co-Founder & CEO at Tread. I get to work with brilliant people to solve incredibly hard problems. Founder of Tread, where we're helping the world build, better.

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Customers

We do not have customer count information for Tread yet.

Tread Employees & Team Size

Tread employs approximately 40 people as of 2026, down from 41 in 2024, including 6 sales reps that carry a quota.

Tread Team GrowthReported headcount over time01325385063201620182020202220242025004040Source: GetLatka.com
YearMilestone
2025Reached 40 employees (January 2025)
2024Reached 41 employees (October 2024)
2023Reached 46 employees (December 2023)
2022Reached 59 employees (December 2022)
2021Reached 49 employees (December 2021)
2021Reached 42 employees (April 2021)

Frequently Asked Questions about Tread

What is Tread's revenue?

Tread generates an estimated $5.9M in annual revenue.

Who founded Tread?

Tread was founded by Noah Dolgoy.

Who is the CEO of Tread?

The CEO of Tread is Noah Dolgoy.

How much funding does Tread have?

Tread is bootstrapped and has not raised outside funding.

How many employees does Tread have?

Tread has 40 employees.

Where is Tread headquarters?

Tread is headquartered in Toronto, Ontario, Canada.

Compare Tread to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Tread Revenue 2024: $5.9M ARR (Bootstrapped)