NEWS
Thrive Global secures US$30m in Series B funding
POSTED 14 Dec 2017 . BY Jane Kitchen
Thrive Global, the wellness media and technology company founded only last year by Arianna Huffington, has raised US$30m in its Series B funding round.

The money will be used to “dramatically accelerate” its technology and product growth, and scale its impact around the world.

The round was led by IVP, a multi-billion dollar venture capital and growth equity firm that has also invested in Twitter, Snap and Slack. IVP general partner Somesh Dash, who led the investment, will be joining Thrive Global’s board of directors.

Thrive Global’s core components include a media platform dedicated to becoming a hub for the conversation around wellbeing and performance; corporate services, including live and digital workshops, e-courses and behaviour-change products; and a behaviour-change technology product suite.

“When we launched Thrive Global exactly a year ago, we set the ambitious goal to end the collective delusion that burnout is the necessary price we must pay for success,” said Huffington.

“Over the last year, we've worked with some of the biggest companies in the world – including Accenture, JPMorgan, SAP, Nestle, Hilton, Safaricom, Samsung and Alibaba – to refine our science-based behaviour change solutions.

"Now, with our Series B investment, we'll be able to productise our IP in order to reach tens of millions more people around the world, just as our culture has reached a tipping point.”

The company also plans to launch the Thrive App in January to help people create a healthier relationship with technology.

The new funding will allow Thrive Global to scale its growth by developing digital behaviour-change products for the enterprise and consumer markets, building out its connected ecosystem of digital products.

It will also invest in its video content production, and will continue its international expansion with new partnerships in China, Australia and the Middle East.
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Spa Business - Thrive Global secures US$30m in Series B funding...
17 Oct 2018 Spa Business: uniting the world of wellness
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

14 Dec 2017

Thrive Global secures US$30m in Series B funding
BY Jane Kitchen

Arianna Huffington launched Thrive Global last year

Arianna Huffington launched Thrive Global last year
photo: Thrive Global

Thrive Global, the wellness media and technology company founded only last year by Arianna Huffington, has raised US$30m in its Series B funding round.

The money will be used to “dramatically accelerate” its technology and product growth, and scale its impact around the world.

The round was led by IVP, a multi-billion dollar venture capital and growth equity firm that has also invested in Twitter, Snap and Slack. IVP general partner Somesh Dash, who led the investment, will be joining Thrive Global’s board of directors.

Thrive Global’s core components include a media platform dedicated to becoming a hub for the conversation around wellbeing and performance; corporate services, including live and digital workshops, e-courses and behaviour-change products; and a behaviour-change technology product suite.

“When we launched Thrive Global exactly a year ago, we set the ambitious goal to end the collective delusion that burnout is the necessary price we must pay for success,” said Huffington.

“Over the last year, we've worked with some of the biggest companies in the world – including Accenture, JPMorgan, SAP, Nestle, Hilton, Safaricom, Samsung and Alibaba – to refine our science-based behaviour change solutions.

"Now, with our Series B investment, we'll be able to productise our IP in order to reach tens of millions more people around the world, just as our culture has reached a tipping point.”

The company also plans to launch the Thrive App in January to help people create a healthier relationship with technology.

The new funding will allow Thrive Global to scale its growth by developing digital behaviour-change products for the enterprise and consumer markets, building out its connected ecosystem of digital products.

It will also invest in its video content production, and will continue its international expansion with new partnerships in China, Australia and the Middle East.



Connect with
Spa Business
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
New Westin resort touches down in the Maldives
New Westin resort touches down in the Maldives   16 Oct 2018

The Westin Maldives Miriandhoo resort has opened in the Republic of the Maldives. The estimated US$40m (€34.5m, £30.3m) Marriott International .... more>>
New cosy Monterey spa offers holistic wellness approach
New cosy Monterey spa offers holistic wellness approach   15 Oct 2018

The Sanctuary Beach Resort has opened a new spa aimed at both locals and guests at the 19-acre California property. The Spa at Sanctuary offers a .... more>>
CIDESCO partners with India's Beauty & Wellness Sector Skill Council to aid global work mobility for Indian therapists
CIDESCO partners with India's Beauty & Wellness Sector Skill Council to aid global work mobility for Indian therapists   12 Oct 2018

CIDESCO, the international standard setter for the spa industry, has signed a Memorandum of Understanding (MoU) with India's Beauty & Wellness Sector .... more>>
Christina Cabrera named director of spa and fitness at La Quinta
Christina Cabrera named director of spa and fitness at La Quinta   12 Oct 2018

La Quinta Resort & Club, A Waldorf Astoria Resort in California, has appointed Christina Cabrera as director of spa and fitness. La Quinta Resort & .... more>>
Chiva-Som enhances its six modalities ahead of November reopening
Chiva-Som enhances its six modalities ahead of November reopening   11 Oct 2018

Thai Destination spa Chiva-Som will add to its results-driven treatments, enhancing its six modalities to complement the extensive remodelling of the .... more>>
Company profile


bbspa&partners s.r.l.

bbspa operates internationally thanks to its large network of partners, with a special focus on European and Asian markets with the opening of a branch in Singapore.

View full profile>>

Catalogue gallery


Featured Supplier

Skin Regimen: Fast Living Slow Ageing

Skin Regimen: Fast Living Slow Ageing

A new brand empowering skin and mind is born: /skin regimen/, modern plant chemistry&trade is dedicated to modern urbanites with a multi-hyphenated lifestyle. More>>




in this issue

• Verstegen: Gyms face 'changing landscape'
• Mark Anthony launches FirstLight Cycle
• Hard Rock Hotel to open in spring 2019



Spa jobs




Spa Therapists - Accommodation Available
Salary: Competitive Salary and Benefits
Location: Surrey, UK
Company: Beaverbrook Hotel
Spa Cleaning Attendant - Accommodation Available
Salary: Competitive Salary and Benefits
Location: Surrey, UK
Company: Beaverbrook Hotel
Spa Receptionist
Salary: Competitive Salary
Location: Surrey, UK
Company: Beaverbrook Hotel
Diary dates
Powered by leisurediary.com

24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia


15-18 Oct 2018

18th Annual IHRSA European Congress

tbc, Lisbon, Portugal



Spa Business magazine 2018 issue 3
Spa Business
2018 issue 3

View issue contents
View on turning pages
Download PDF
  Spa programmes: On the menu
VR massages and music-centric spa menus feature in Spa Business’ new programming series More>>
  Research: Keeping positive
US spa revenues, visits and locations all increased in 2017 according to ISPA’s latest industry study More>>


Spa Business magazine 2018 issue 2

Spa Business
2018 issue 2

View issue contents
View turning pages
Download PDF
  Research: Finishing touch
Scientists find that exposure to nature can help with mental health More>>
  Promotional feature: SpaSoft
SpaSoft’s mobile apps for spa management offer visibility, flexibility and mobility More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd