Thrive Global Raises $80M in Series C Funding

Thrive Global, an NYC-based behavior change technology company raised $80m in Series C funding.

The round was co-led by Mamoon Hamid at Kleiner Perkins and Owl Ventures with participation from existing institutional shareholders IVP and JAZZ Venture Partners, as well as new investment from funds managed by Goldman Sachs Asset Management. In conjunction with the funding, Hamid will join Thrive’s Board of Directors along with Ian Chiu, Managing Director at Owl.

The company intends to use the funds to continue to expand operations and its reach.

Founded by Arianna Huffington in 2016, Thrive Global helps individuals and organizations to improve well-being, performance, and mental resilience via an AI-powered behavior change technology platform. The company’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.