Friday, November 22, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / Thrive Global Secures $30 Million

Thrive Global Secures $30 Million

Thrive Global Secures $30 Million

Mental health-focused online media publisher Thrive Global completed $30 million in Series B financing, led by IVP. Other participating investors including Marc Benioff, Chairman and CEO of Salesforce, Lerer Hippeau Ventures, Greycroft Partners, Blue Pool Capital, Advancit Capital, Canvas Ventures, and Female Founders Fund.

Founded by Arianna Huffington, Thrive Global’s mission is to “end the stress and burnout epidemic” by offering companies and individuals science-based solutions to enhance well-being, performance, and purpose, and create a healthier relationship with technology. According to the company, recent science has shown that the pervasive belief that burnout is the price we must pay for success is a delusion.

The new funding will allow Thrive Global to scale its growth by developing digital behavior change products for the enterprise and consumer markets, as well as building out its digital products and analytics and measurement capabilities.

Continue reading