About Thrive Commerce
Thrive Commerce is a company based in Philadelphia (United States) founded in 2014. It operates as a SaaS (Software-as-a-Service). Thrive Commerce has raised $1.03 million across 2 funding rounds from investors including SeventySix Capital. Thrive Commerce offers products and services including Thrive Smart Bar, ThriveQ AI, and Promotions Suite. Thrive Commerce operates in a competitive market with competitors including Klaviyo, Upside, Bluecore, Blueshift and Wunderkind, among others.
- Headquarter Philadelphia, United States
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Thrive Commerce Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.03 M (USD)
in 2 rounds
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Latest Funding Round
$150 K (USD), Seed
Jan 23, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Thrive Commerce
Thrive Commerce offers a comprehensive portfolio of products and services, including Thrive Smart Bar, ThriveQ AI, and Promotions Suite. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized offers are delivered to increase shopper engagement.
AI-driven offers are optimized for visitor engagement anonymously.
In-store revenue is driven through targeted promotional offers.
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Funding Insights of Thrive Commerce
Thrive Commerce has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $150,000
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First Round
First Round
(19 Feb 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Seed - Thrive Commerce | Valuation |
investors |
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| Feb, 2016 | Amount | Seed - Thrive Commerce | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thrive Commerce
Thrive Commerce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SeventySix Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in sports tech sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thrive Commerce
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Thrive Commerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thrive Commerce Comparisons
Competitors of Thrive Commerce
Thrive Commerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klaviyo, Upside, Bluecore, Blueshift and Wunderkind, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
Promotion management and cashback solutions are provided to retailers.
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| domain | founded_year | HQ Location |
Automated personalized trigger-based emails are delivered for e-commerce behavior.
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| domain | founded_year | HQ Location |
AI-driven platform for unifying customer data and automating personalized marketing.
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| domain | founded_year | HQ Location |
Adnetwork and performance marketing platform
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| domain | founded_year | HQ Location |
Personalized omnichannel experiences are generated via marketing automation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Thrive Commerce
When was Thrive Commerce founded?
Thrive Commerce was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Thrive Commerce located?
Thrive Commerce is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is Thrive Commerce a funded company?
Thrive Commerce is a funded company, having raised a total of $1.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $875K, raised on Feb 19, 2016.
What does Thrive Commerce do?
Digital promotion solutions are offered by Thrive Commerce to optimize promotional spend on websites. Personalized offers are created for various audience segments using self-optimizing AI, ensuring data privacy. The platform is utilized by eCommerce retailers to increase conversion rates, revenue per user, and in-store transactions. Marketing efficiency is improved through native, out-of-the-box offer support without heavy IT involvement. Sectors served include retail and eCommerce with a focus on personalization and customer journey insights.
Who are the top competitors of Thrive Commerce?
What products or services does Thrive Commerce offer?
Thrive Commerce offers Thrive Smart Bar, ThriveQ AI, and Promotions Suite.
Who are Thrive Commerce's investors?
Thrive Commerce has 1 investor. Key investors include SeventySix Capital.
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