Thrive Global, a NYC-based behavior change media and technology company, raised $30m in Series B funding.
The round was led by IVP, with participation from Chairman and CEO of Salesforce Marc Benioff, Marketo co-founder and former CEO Phil Fernandez, Lerer Hippeau Ventures, Greycroft Partners, Blue Pool Capital, Advancit Capital, Canvas Ventures, Female Founders Fund, Indigo Founder and CEO Heather Reisman, Oak Investment Partners’ Fred Harman, Bridgewater founder Ray Dalio, Michael Huffington and entrepreneur and philanthropist Sean Parker. In conjunction with the funding, IVP General Partner Somesh Dash, will be joining Thrive Global’s board of directors
The company intends to use the funds to accelerate its technology and product growth and scale its impact around the world with new partnerships in China, Australia and the Middle East.
Founded and led by Arianna Huffington, Thrive Global provides a media platform acting as a global hub for the conversation around well-being and performance, corporate services including live and digital workshops, e-courses and behavior change products, organizational assessments, measurement and internal and external marketing, a behavior change technology product suite that includes science-based Pathways, Journeys and Microsteps, as well as the Thrive App, to create a healthier relationship with technology, and ThriveAway, a vacation e-mail tool.
Since its launch, Thrive Global has conducted over 200 live corporate trainings to improve well-being, productivity, engagement and retention in 26 countries, including China, India, Japan and Kenya.
The media platform reaches a total cross-platform audience of more than 20 million users and has built a community of over 15,000 contributors, ranging from experts in neuroscience and sports medicine to business leaders (including Jeff Bezos, Sheryl Sandberg and Richard Branson), celebrities (including Selena Gomez, Priyanka Chopra and Ashton Kutcher) and college students sharing their personal stories.
The company has also launched several dedicated editorial initiatives, including Time Well Spent with former Google design ethicist Tristan Harris about his relationship with technology, and The Fuel List, a branded partnership with Quaker Oats celebrating 20 new role models who are changing the way people fuel minds and bodies to thrive every day. In addition, Thrive Global has launched a podcast in collaboration with iHeartRadio and Sleep Number that has featured guests ranging from Jennifer Aniston and Katy Perry to Neil deGrasse Tyson and Mark Cuban. On video, it has produced multiple series including “The Long Game,” “Turning Points,” and “Live Better”.