Top Qs
Timeline
Chat
Perspective
Thrive Global
American technology company From Wikipedia, the free encyclopedia
Remove ads
Thrive Global is an American company that provides behavior change technology.[1] It was founded by Arianna Huffington in August 2016. The company is based in New York City.[2]
In 2017, Thrive Global raised $30 million in a new funding round that valued the company at $120 million.[3] The same year, the company was named one of the Top 10 NYC Startups to Watch in 2017 by Inc.[4]
Remove ads
History
Summarize
Perspective
Huffington says a 2007 incident in which “she collapsed at her desk from exhaustion and awoke in a pool of blood, with a broken cheekbone,” was the wake-up call that eventually led her to start Thrive Global.[5][6] Huffington stepped down as editor-in-chief of The Huffington Post in August 2016 to fully focus on launching Thrive Global.[7]
Before its official launch in November 2016, Thrive Global raised $7 million in a Series A funding round from investors such as Blue Pool Capital and Greycroft Partners.[8] The company has also formed corporate partnerships with Accenture,[9] Airbnb,[10] Hilton Hotels & Resorts,[11] JPMorgan Chase,[12] and Uber.[13][14]
In January 2017, reports emerged that six weeks after launching, Thrive had doubled its revenue targets for the year.[15] In November 2017, the company secured $30 million in additional funding from investors such as Marc Benioff and the venture firm IVP. At the time, the company was valued at $120 million.[16] Thrive Global investors also include Jack Ma, Kevin Durant, and Andre Iguodala.[17]
Thrive Global launched operations in India in January 2018 in collaboration with Times Bridge, the international investments and partnerships division of Times Internet.[18] A month later, the company launched Thrive Greece in partnership with Antenna Group, the largest media company in Greece.[19]
In 2018, Thrive Global was named to LinkedIn's list of "The 50 most sought-after startups in the U.S."[20] In 2021, Thrive Global was named to Forbes' list of "America's Best Startup Employers."[21]
In July 2021, the company raised $80 million in a Series C round led by Kleiner Perkins and Owl Ventures.[22] It claimed to be focused on ending the "stress and burnout epidemic".[22]
Remove ads
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads