Treads is an AI-powered car management subscription company that centralizes tire, alignment, oil change, wiper blade, and auto insurance services through a mobile app. The platform uses AI for predictive maintenance alerts and visual machine learning to assess tire repairability and replacement needs from customers' smartphone scans, returning tire size, tread depth, and condition. Customers can have new tires delivered and installed at home or work, and access brick-and-mortar service centers in the Treads Service Network. The company raised $4.6M in seed funding to support growth. Led by CEO and Founder Zach Olson and based in Park City, UT, Treads plans to expand into 16 additional U.S. cities to reach availability in 34 cities by the end of 2023. The funds are intended to support that geographic expansion.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023