Draper Triangle
Draper Triangle is a venture capital firm founded in 1999, specializing in early-stage investments. Based in Pittsburgh, Pennsylvania, with additional offices in Midwest states, the firm focuses on technology companies, particularly in software, digital media, robotics, and medical devices. Draper Triangle seeks to invest between $250,000 and $2 million initially, aiming for companies with high growth potential.
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Past deals in Honduras
Thread
Series A in 2015
Thread LLC, established in 2010 and headquartered in Pittsburgh, Pennsylvania, specializes in producing and marketing fabric made from recycled materials. The company's unique process involves transforming trash and plastic bottles from developing countries into raw materials for fabric production. This fabric is then used by apparel and accessories brands to create environmentally and socially responsible products. Thread's impact is significant, with its fabric supporting nearly 2,700 income opportunities and collecting over 6 million bottles monthly from communities in Haiti and Honduras. The company also captures and shares the stories of those positively affected by its process through its Ground to Good storytelling platform, helping brands enhance their social impact narrative.
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