Thrive Technologies

Thrive Technologies is a United States-based startup that specializes in completing the inventory picture for wholesale distributors. Founded in 2001, the company's slogan "Completing the inventory picture for wholesale distributors" emphasizes its commitment to addressing inventory blind spots that conventional ERP systems might miss. Thrive Technologies offers patent-pending inventory optimization technologies that seamlessly integrate into existing ERP systems, targeting unpredictable demand and change to lower costs and eliminate risks. This innovative approach boasts impressive results, including a 46% reduction in dead stock and an 8-point increase in fill rates within 6 months. The company received its last investment, a Pre Seed Round, on 05 April 2020 from Campus Founders Fund. This investment signals confidence in Thrive Technologies' potential to revolutionize inventory optimization for wholesale distributors. With a proven track record and a focus on efficiency and cost reduction, the startup is well-positioned to capture a significant market share in the wholesale distribution industry.