# Tread funding: rounds and investors

> Tread has raised $1.1M across 2 rounds since 2020. Investors include Techstars, FJ Labs and Creative Destruction Lab. Every round with its source.

Source: https://millionrounds.com/company/tread (Millionrounds; every figure on the page links to its filing or article)

Canada · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Tread*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Funding summary Updated 26 Oct 2026

**$1.1M** raised across 2 rounds since 2020, from 2 sources

- **Latest round:** Venture Aug 2025
- **Biggest round:** $1.1M Pre-seed · Oct 2020
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2021 2022 2023 2024 2025

**$1.1M** Pre-seed

**?** Venture

- **First round:** Pre-seed, $1.1M
- **Biggest round:** $1.1M
- **Between rounds:** 4.8 years

## The rounds

- **Aug 2025** Venture **Amount undisclosed** *5 new* [Techstars](https://millionrounds.com/fund/techstars) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) Source recorded
- **Oct 2020** Pre-seed **$1.1M** *3 new* [Kunal Shah](https://millionrounds.com/fund/kunal-shah) [Better Capital](https://millionrounds.com/fund/better-capital) [First Cheque](https://millionrounds.com/fund/first-cheque) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Pre-seed** 2020 **Venture** 2025 [Techstars](https://millionrounds.com/fund/techstars) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Kunal Shah](https://millionrounds.com/fund/kunal-shah) [Better Capital](https://millionrounds.com/fund/better-capital) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [First Cheque](https://millionrounds.com/fund/first-cheque)

## Everyone who backed them

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **1** round

[Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **1** round

[Kunal Shah](https://millionrounds.com/fund/kunal-shah) Angel **1** round

[Better Capital](https://millionrounds.com/fund/better-capital) Private equity **1** round

[Radical Ventures](https://millionrounds.com/fund/radical-ventures) VC firm **1** round

[First Cheque](https://millionrounds.com/fund/first-cheque) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tread).

## Also claim to have backed them

These 5 firms list Tread as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Real Ventures](https://millionrounds.com/fund/real-ventures) VC firm Per its own site

[Rep Matters Angel Network](https://millionrounds.com/fund/rep-matters-angel-network) VC firm Per its own site

[Varys Capital](https://millionrounds.com/fund/varys-capital) VC firm Per its own site

[XDL Capital Group](https://millionrounds.com/fund/xdl-capital-group) Private equity Per its own site

[Ripple Ventures](https://millionrounds.com/fund/ripple-ventures-2) VC firm Per its own site

## Quick answers about Tread

### Who invested in Tread?

Tread's investors include Techstars, FJ Labs, Creative Destruction Lab, Real Ventures and Kunal Shah, and 3 more on record.

### How much has Tread raised?

Tread has raised $1.1M across 2 rounds since 2020. One round did not disclose an amount, so the total is a floor.

### When did Tread last raise?

Tread's most recent round was a Venture in Aug 2025.

### What was Tread's biggest round?

Tread's largest round on record is $1.1M (Pre-seed), in Oct 2020.

### Who backed Tread first?

Tread's first round on record, in Oct 2020, was backed by Kunal Shah, Better Capital and First Cheque.

### What stage is Tread at?

Tread's latest named round is a Venture, in Aug 2025.

### Where is Tread based?

Tread is based in Canada.

## Companies like Tread

In the same sector, and raised in the last eighteen months.

[**telMAX** $294M · Sept 2026](https://millionrounds.com/company/telmax)[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Brdg** $613K · Aug 2026](https://millionrounds.com/company/brdg)[**Site 20/20** $528K · Jul 2026](https://millionrounds.com/company/site-20-20)[**ConstructionClock** $1.7M · Jul 2026](https://millionrounds.com/company/constructionclock)[**Carbicrete** $5.7M · Jun 2026](https://millionrounds.com/company/carbicrete)

## Find investors like these

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