Thrive Global Lands $80M Series C Funding
Summary
NEW YORK, NY, Thrive Global, the behavior change technology company founded by Arianna Huffington, announced today that it has raised an $80 million Series C round. The round was co-led by Mamoon Hamid at Kleiner Perkins to accelerate Thrives growth and impact in ending the burnout epidemic and helping people live and work with less stress, more productivity and greater well-being and mental resilience. Hamid, one of the earliest investors in Slack, Figma, Box, Yammer, Intercom and Coda, will join Thrives Board of Directors to help propel the company forward. Owl has made investments in skilling and learning companies such as Degreed and MasterClass, and their commitment to Thrive reflects their recognition that as we focus on reskilling and upskilling employees around the world, we must also empower them to build mental resilience and manage stress. Thrives Microsteps - small, science-backed steps to improve health and productivity - have been adopted by employees at more than 100 organizations in over 40 countries, from frontline and call center workers to executives at multinational companies.