GRAND FORKS, N.D. – A Grand Forks based technology company called Thread is getting the latest investment from ‘Mr. Wonderful’.
Shark Tank star Kevin O’Leary’s Wonder Fund North Dakota is investing $2.5 million in the company.
The North Dakota Department of Commerce calls Thread the leader in enterprise-scale asset maintenance technology for energy and utilities.
Thread has grown to over 70 people and serves energy, utility, and Department of Defense clients, including Fortune 500 companies.
O’Leary said it is the latest in a strong pipeline of investments his fund will make in North Dakota in 2023.
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