What is Thriver?
Thriver operates a technology platform designed to foster thriving workplaces by simplifying the provision of corporate food and culture initiatives. Its scalable programs cater to diverse business needs, including group ordering for meals and catering, virtual experiences for health and wellness, and reloadable prepaid cards for employee perks, particularly for remote teams. The platform aims to connect, engage, and motivate individuals and teams, wherever they are located, by making these initiatives easy to manage and deliver.
How much funding has Thriver raised?
Thriver has raised a total of $51M across 2 funding rounds:
Series A
$18M
Series B
$33M
Series A (2018): $18M with participation from Globalive and Aleph
Series B (2020): $33M led by Union Tech Ventures, Viola Growth, Vertex Ventures Israel, FJ Labs, Altair Capital, Aleph, and Journey Ventures
Key Investors in Thriver
Globalive
Globalive, founded in 1998, provides investment and start-up services, focusing on the telecommunications and technology industries.
Aleph
Aleph is an early-stage venture capital fund that partners with Israeli entrepreneurs to scale their companies globally, investing across various sectors including fintech, logistics, and consumer applications.
Union Tech Ventures
Union Tech Ventures is the technology venture arm of the Union Group, investing in mobility and retail technology companies founded by Israeli entrepreneurs.
What's next for Thriver?
With its recent major strategic investment, Thriver is poised for accelerated growth and market penetration. The company's focus on flexible and scalable solutions for employee engagement, particularly in hybrid and remote work environments, positions it well to capitalize on evolving workplace dynamics. Future developments are likely to involve enhancing its platform capabilities, expanding its network of service providers, and potentially exploring new verticals within the corporate benefits and employee experience market. This latest round of financing will be instrumental in solidifying Thriver's leadership in the employee engagement technology space.
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