Press Release July 14, 2021

Thrive Global Closes $80 Million Series C

The Technology team advised Thrive Global in the closing of its $80 million Series C round co-led by Mamoon Hamid at Kleiner Perkins. Hamid will join Thrive’s Board of Directors to help propel the company forward. Owl Ventures co-led the round and Ian Chiu, Managing Director at Owl, will also join the Thrive board. The round also includes additional investment from existing institutional shareholders IVP and JAZZ Venture Partners, as well as a new investment from funds managed by Goldman Sachs Asset Management.

 

Since its 2016 launch, Thrive Global has helped employees at more than 100 organizations, including Goodwin, in over 40 countries adopt Microsteps — small, science-backed steps to help build healthy habits. With its AI-powered behavior change platform launch last year, Thrive has been able to scale its impact dramatically, delivering its methodology — focused on Microsteps, storytelling, real-time stress interventions and community — through best-in-class software to everyone from frontline and call center workers to executives of multinational companies.

 

The Goodwin team was led by Daniel LangPria NarsimanLuke Neveu, Taylor Harrison, Shamila KaraBethany Withers, Janet AndolinaSarah BockJessica RothsteinBradley Weber and Simone Waterbury with invaluable assistance from James YaworskyScott ZiloraNatasha Dimond and Jackie Serrano.

 

For additional details on the financing, please read the press release.