Thrive Global, a behaviour change technology firm based in New York City, has raised $80 million in Series C funding.
Mamoon Hamid of Kleiner Perkins and Owl Ventures co-led the round, which included current institutional owners IVP and JAZZ Venture Partners, as well as a new investment from Goldman Sachs Asset Management funds. In connection with the funding, Hamid and Ian Chiu, Managing Director of Owl, will join the Thrive Board of Directors.
The monies will be used to enhance the company’s operations and reach.
Arianna Huffington founded Thrive Global in 2016 to help individuals and businesses improve their well-being, performance, and mental resilience through an AI-powered behaviour change technology platform. Employees at more than 100 businesses in over 40 countries, ranging from frontline and contact centre workers to executives at international corporations, have adopted the company’s Microsteps – modest, science-backed steps to improve health and productivity. Thrive Global has offices in San Francisco, Dublin, Athens, Bucharest, and Melbourne, in addition to its headquarters in New York City.