Thrive Market is an e-commerce platform with a mission to make natural and organic products accessible to every American family. The company offers a membership model where, for a yearly fee of $60, members gain access to a wide range of products at 30-50% off retail value, with free shipping. Notably, every paid membership also sponsors a free membership for those in need as part of their Thrive Gives initiative. Founded in 2013, Thrive Market operates in the United States and focuses on industries such as E-Commerce, Food and Beverage, Health Care, Retail, and Wellness Beauty. The company's recent funding round saw a $20.00M Convertible Note investment from Invus on 24 October 2019. With its commitment to affordable sustainable living and its innovative business model, Thrive Market is poised to make significant strides in the e-commerce space while making a positive impact on society through its philanthropic initiatives.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $20.00M | 1 | 24 Oct 2019 | |
Series B | $42.40M | 2 | 02 Jul 2018 | |
Series B | $20.00M | - | 30 May 2017 | |
Convertible Note | $10.00M | - | 18 Oct 2016 | |
Series B | $111.00M | 9 | John Legend, Demi Moore +1 | 27 Jun 2016 |