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Thrive Global Lands $80M Series C Funding

2021-07-08
NEW YORK, NY, Thrive Global, the behavior change technology company founded by Arianna Huffington, announced today that it has raised an $80 million Series C round.
The round was co-led by Mamoon Hamid at Kleiner Perkins to accelerate Thrive's growth and impact in ending the burnout epidemic and helping people live and work with less stress, more productivity and greater well-being and mental resilience. Hamid, one of the earliest investors in Slack, Figma, Box, Yammer, Intercom and Coda, will join Thrive's Board of Directors to help propel the company forward.

Owl Ventures, a global leader in education technology investing, co-led the round and Ian Chiu, Managing Director at Owl, will also join the Thrive board. Owl has made investments in skilling and learning companies such as Degreed and MasterClass, and their commitment to Thrive reflects their recognition that as we focus on reskilling and upskilling employees around the world, we must also empower them to build mental resilience and manage stress. The round also includes additional investment from existing institutional shareholders IVP and JAZZ Venture Partners, as well as a new investment from funds managed by Goldman Sachs Asset Management.

Thrive Global is a leading behavior change technology company founded by Arianna Huffington in 2016 with the mission to end the stress and burnout epidemic. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Thrive's Microsteps - small, science-backed steps to improve health and productivity - have been adopted by employees at more than 100 organizations in over 40 countries, from frontline and call center workers to executives at multinational companies. Thrive Global is headquartered in New York City and has offices in San Francisco, Dublin, Athens, Bucharest and Melbourne. For more information, visit www.thriveglobal.com.
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