ThrivePass

Denver, United States Founded: 2014 • Age: 12 yrs Acquired By Shore Capital Partners
Cloud-based platform for employee wellness benefits is provided.

About ThrivePass

ThrivePass is a Technology company based in Denver (United States) founded in 2014, and was acquired by Shore Capital Partners in July 2026. It operates as a cloud-based platform for employee wellness benefits is provided. It operates in the Technology and Healthcare sectors. ThrivePass has raised $1.96 million across 3 funding rounds from investors including Boomtown Accelerators and Shore Capital Partners. Its website thrivepass.com draws about 147 thousand monthly visits. Its Indian entity Thrivepass India Private Limited reported revenue of β‚Ή13.57 Cr. ThrivePass offers products and services including Thrive Account, COBRA Administration, Pre-Tax Account, Tuition Reimbursement, and Middleware. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Health Benefits. Its competitors include Hinge Health, HealthifyMe, Practo, Accolade and Sharecare and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

The company was founded in 2014 and is headquartered in Denver, United States. A cloud-based platform is offered for managing corporate wellness programs, including wellness savings accounts for employees. Services encompass stipends, reimbursements, and access to various wellness and fitness options. Operations focus on the health benefits sector, supporting employee participation in wellness initiatives.

Key Metrics
  • Annual Revenue
    ₹13.57 Cr

    FY 2025 · +44% YoY

  • Net Profit
    ₹1.38 Cr

    FY 2025 · 10% margin

  • EBITDA
    ₹1.99 Cr

    FY 2025 · 15% margin

  • Total Equity Funding
    $1.96M (USD)

    in 3 rounds

  • Latest Funding Round
    $420K (USD), Seed

    Aug 2022

  • Investors
  • Acquired by

Products & Services of ThrivePass

ThrivePass offers a comprehensive portfolio of products and services, including Thrive Account, COBRA Administration, Pre-Tax Account, Tuition Reimbursement, and Middleware.

Thrive Account
Lifestyle Spending Account

Digital platform for managing employee lifestyle benefits and spending.

COBRA Administration
Transition Services

Tool for handling COBRA compliance and plan comparisons.

Pre-Tax Account
Benefits Management

App for overseeing FSA, HSA, and commuter benefits.

Tuition Reimbursement
Education Benefits

Platform for managing education benefit approvals and reimbursements.

Middleware
Data Automation

Service for simplifying employee data transmission and monitoring.

Funding Insights of ThrivePass

ThrivePass has successfully raised a total of $1.96M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $420 thousand completed in August 2022. 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 $1.96M
  • Total Rounds 3
  • Last Round Seed β€” $420,000
  • First Round $35,000

    (Sep 2014)

  • Investors Count 1

All 3 funding rounds of ThrivePass with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022$420,000Seed––
–
Mar 2018$1.5MSeed––
–
Sep 2014$35,000Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in ThrivePass

ThrivePass has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Boomtown Accelerators and Shore Capital Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Shore Capital Partners is engaged in private equity investments for small to mid-sized businesses.
–shorecp.comChicago, United States
Business accelerator focused on multiple sectors
–boomtownaccelerators.comBoulder, United States
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Investor details for ThrivePass

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Board of directors of Thrivepass India Private Limited (ThrivePass)

Thrivepass India Private Limited is the primary company behind ThrivePass. The board of Thrivepass India Private Limited currently have 3 directors; the longest-serving is Ryan Ries Tacke, appointed in 2024. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ryan Ries Tacke
DIN 08726574
Officer in default03 Jun 20242 yrs 4 moThrivepass India Private Limited
Skylar Lewis Elisberg
DIN 09812974
Director31 Mar 20251 yr 6 moThrivepass India Private Limited
Ashwani Kumar Ojha
DIN 08226568
Additional Director19 Dec 20259 moThrivepass India Private Limited

People of ThrivePass

25 people are tracked at ThrivePass (11 in leadership, 14 in team).

NameRoleGroup
CEOLeadership
Amie Wolgroch
Director of People & CultureLeadership
Elizabeth Hughes
VP, PartnershipsLeadership
Mary J Hazen
Chief Operating OfficerLeadership
Dane Smestad
Director Of MarketplacesLeadership
Andreas Deptolla
President & Co-FounderLeadership
Aneesh Jain
Chief Technology OfficerLeadership
Kara Morrissey
Chief Of StaffLeadership
Mary Hazen
COOLeadership
Melissa Grey
Director Of TPA OperationsLeadership
Swapnil Jindal
Chief Technology OfficerLeadership
Aimee Browning
CDH Operations ManagerTeam
Katie Ann Rushton
Business DevelopmentTeam
Nate Garza
Senior Techincal Cobra SpecialistTeam
Sachin Tanwar
Software ArchitectTeam
Rochelle Thompson
Senior Partnership ManagerTeam
Lynn Cozad
Engagement Specialist, COBRATeam
Aparna Dhage
Engagement Specialist, COBRATeam
April Minick
Engagement Specialist, CDHTeam
Katherine Ciche
Senior Relationship ManagerTeam

5 more people are available in the full profile.

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Financials of ThrivePass

Figures of Thrivepass India Private Limited, the primary company behind ThrivePass, for FY 2025. Revenue was ₹13.57 Cr (+44% year on year). Net profit was ₹1.38 Cr (10% margin). EBITDA was ₹1.99 Cr (15% margin). Revenue has grown at a compounded annual rate of +61% over three years.

  • ₹13.57 CrRevenue · FY 2025 · +44% YoY
  • ₹1.38 CrNet profit · 10% margin
  • ₹1.99 CrEBITDA · 15% margin
  • ₹1.5 LakhPaid-up capital
  • 46Employees (provident fund records)
  • +61%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Thrivepass India Private Limited are on its company page.

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Detailed financial statements for ThrivePass

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Timeline of ThrivePass

4 dated milestones of ThrivePass across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded ThrivePass is founded.
  2. Funding First funding round of $35K.
  3. Funding Latest funding round, Seed, of $420K.
  4. Exit Acquired by Shore Capital Partners.

Competitors of ThrivePass

ThrivePass has 10 listed competitors in our database, 9 of them funded. They include Hinge Health, HealthifyMe, Practo, Accolade and Sharecare, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hingehealth.com2015San Francisco, United States$854.44M1,442
Virtual physical therapy and digital pain care solutions are provided.
healthifyme.com2012Bengaluru, India$145.25M–
AI-powered personalized nutrition and fitness coaching is provided.
practo.com2008Bengaluru, India$227.88M–
Doctor appointments are booked and healthcare professionals are consulted online.
accolade.com2007Plymouth Meeting, United States$228.3M–
Employee health benefits are facilitated via a cloud-based platform.
sharecare.com2010Atlanta, United States$64M1,988
Health and wellness social network for employees is provided.
spendesk.com2016Paris, France$303.82M–
Provider of prepaid cards for financial benefits of employees
betterfly.com2018Santiago, Chile$202.5M–
Employee health and well-being solutions are delivered through a platform.
wellhub.com2012New York, United States$85M213
Cloud-based wellness programs are offered for employee health and productivity.
league.com2014Toronto, Canada$241.95M103
SaaS platform for managing employee health benefits is offered.
cerner.com1979North Kansas, United States–5,159
Online platform for employee health benefits
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Detailed competitors of ThrivePass

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Web traffic of ThrivePass

The website of ThrivePass (thrivepass.com) receives about 147.4K visits a month.

  • Monthly visits
    147.4K

    ▲ 47.3% vs previous month

Similar websites

Websites whose visitors overlap most with ThrivePass. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
americanexpress.com
100%
107.4M#276View details
chase.com
99%
198.6M#125View details
citi.com
96%
138.9M#349View details
q2e.sharepoint.com
q2e.sharepoint.com
94%
–––
fidelity.com
92%
129.5M#275View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in HR & Workforce Technology

10 companies that operate in the same segment as ThrivePass (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M––
Cloud-based LMS platform for IT industry
2004Farmington, United StatesUSD 235.41 MUSD 4.95 M260
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Cloud-based HRMS software is offered for small and medium-sized businesses.
2016Barcelona, Catalonia, SpainUSD 369.25 M––
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Related news about Thrivepass

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Frequently Asked Questions about ThrivePass

ThrivePass was founded in 2014.

ThrivePass is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

ThrivePass is a funded company, having raised a total of $1.96M across 3 funding rounds to date. The company's 1st funding round was a Seed of $35K, raised on Sep 2014.

The primary company behind ThrivePass, Thrivepass India Private Limited, reported revenue of β‚Ή13.57 Cr for FY 2025, up 44% year on year.

The company was founded in 2014 and is headquartered in Denver, United States. A cloud-based platform is offered for managing corporate wellness programs, including wellness savings accounts for employees. Services encompass stipends, reimbursements, and access to various wellness and fitness options. Operations focus on the health benefits sector, supporting employee participation in wellness initiatives.

ThrivePass's top competitors include Accolade, Hinge Health and Wellhub.

ThrivePass offers Thrive Account, COBRA Administration, Pre-Tax Account, Tuition Reimbursement, and Middleware.

ThrivePass has 2 investors. Key investors include Boomtown Accelerators, and Shore Capital Partners.

ThrivePass operates through Thrivepass India Private Limited.

Yes. ThrivePass was acquired by Shore Capital Partners in July 2026.

The legal entities of ThrivePass currently have 3 directors, including Ashwani Kumar Ojha, Ryan Ries Tacke, Skylar Lewis Elisberg.

The website of ThrivePass receives about 147 thousand visits a month.

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