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NEWS
Thrive Global secures US$30m in Series B funding
POSTED 14 Dec 2017 . BY Jane Kitchen
Arianna Huffington launched Thrive Global last year Credit: Thrive Global
Arianna Huffington launched Thrive Global last year Credit: 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.
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US spa industry hits record-breaking US$21.3 billion in revenue in 2023
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
NEWS
Thrive Global secures US$30m in Series B funding
POSTED 14 Dec 2017 . BY Jane Kitchen
Arianna Huffington launched Thrive Global last year Credit: Thrive Global
Arianna Huffington launched Thrive Global last year Credit: 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.
RELATED STORIES
Arianna Huffington to Keynote 2017 Mindbody Conference


Media personality and founder of CEO of Thrive Global, Arianna Huffington, will headline this year’s BOLD annual conference for fitness, beauty and health practitioners.
Arianna Huffington launches Thrive Global wellness venture


Huffington Post founder, Arianna Huffington, has launched a new media business focused on wellness.
MORE NEWS
Sport England’s Active Lives insight finds record activity levels, but enduring health inequalities
While British adults are the most active they’ve been in a decade, health inequalities remain with the same groups missing out, according to Sport England’s latest Active Lives Adults Report.
Kerzner to expand Siro portfolio with recovery-focused hotels in Los Cabos and Riyadh
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property in Dubai this February.
Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are still not meeting WHO guidelines.
US spa industry hits record-breaking US$21.3 billion in revenue in 2023
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Discover Comfort Zone’s Stand For Regeneration campaign
Comfort Zone's latest initiative, the Stand for Regeneration campaign, consolidates its position as a pioneer in the cosmetics business. [more...]

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The 16th edition of the esteemed international spa and hospitality industry event, Forum HOTel&SPA, is rapidly approaching, promising an immersive experience for attendees. [more...]
+ More featured suppliers  
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Spa Bureau

We are the team of multidisciplinary professionals in wellness architecture, engineering and design. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-30 Apr 2024

Spa Life Scotland

Radisson Blu Hotel, Glasgow,
08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2024

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