Thrive Global

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Thrive Global
Private
IndustryTechnology
FoundedAugust 2016; 3 years ago (2016-08)
FounderArianna Huffington
Headquarters,
Websitethriveglobal.com

Thrive Global is an American company that provides behavior change technology and media to individuals and organizations around the world with the mission of ending the stress and burnout epidemic. It was founded by Arianna Huffington in August 2016. The company is headquartered in New York City and has offices in San Francisco, Athens, Mumbai and Melbourne.

In 2017, Thrive Global raised $30 million in a new funding round that valued the company at $120 million.[1] The same year, the company was named one of The Top 10 NYC Startups to Watch in 2017 by Inc.[2] In 2018, Thrive Global was named to LinkedIn’s list of "The 50 most sought-after startups in the US."[3]

History[edit]

In March 2014, Arianna Huffington published the book Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder, a #1 New York Times bestseller,[4] which addressed the personal and collective crisis of stress and burnout, as well as the  widespread longing “to redefine success and what it means to lead ‘the good life.’”[5]

Huffington says a 2007 incident in which “she collapsed at her desk from exhaustion and awoke in a pool of blood, with a broken cheekbone,” was the wake-up call[6] that eventually led her to start Thrive Global.[7] As she wrote when announcing the venture, Thrive Global was born “in response to the need to take control of our lives, offering new strategies and tools, based on the latest science, to address the unintended consequences of technology,” and to end the global epidemic of stress and burnout.[8]

Huffington stepped down as editor-in-chief of The Huffington Post in August 2016 to fully focus on launching Thrive Global.[9]

Before its official launch in November 2016, Thrive Global raised $7 million in a Series A funding round from investors such as Blue Pool Capital and Greycroft Partners.[10] The company has also formed corporate partnerships with companies including Accenture,[11] Airbnb,[12] Hilton Hotels,[13] JPMorgan Chase and Uber[14] (where Huffington is a board member).[15]

In January 2017, reports emerged that six weeks after launching, Thrive had doubled its revenue targets for the year.[16] In November 2017, the company secured $30 million in additional funding from investors such as Marc Benioff and the venture firm IVP. At the time, the company was valued at $120 million. Thrive Global investors also include Jack Ma, Kevin Durant and Andre Iguodala.[17]

Products and Services[edit]

Thrive Global has three core competencies: corporate services, a media platform, and a suite of digital products.  

Corporate Services[edit]

Thrive Global works with companies around the world to help employees improve their well-being and performance, based on research that the health of any company's bottom line is directly connected to the health and well-being of its employees. It offers a range of experiences, including live and virtual workshops, e-courses, videos, newsletters, surveys and company challenges.[18]

Thrive Global’s corporate services promote a behavior change methodology that helps people move from awareness to action by taking small steps. These Microsteps are small, science-backed changes you can incorporate into your life today.[19]

In April 2017, Thrive Global partnered with LinkedIn Learning to offer six courses aimed at “helping professionals lower their stress levels, preventing burnout and enhancing their health, well-being and productivity.”[20]

Media Platform[edit]

Thrive’s media platform is composed of content focused on well-being and performance, and community content. Topic categories include health, technology, news, sports, business, entertainment, style, culture and careers.[21]

Contributors to Thrive Global’s media platform include Jeff Bezos, Tom Brady, Ray Dalio, Angela Duckworth, Elaine Goldsmith-Thomas, John Gottman, General Stanley McChrystal, Denise Morrison, Josh Radnor, Reshma Saujani, Eric Schmidt and Maria Shriver.

In collaboration with iHeartRadio, Thrive Global launched the Thrive Global podcast in May 2017. The podcast is hosted by Huffington and features notable leaders, celebrities, athletes and influencers discussing the topic of well-being. The first episode featured Jennifer Aniston. Subsequent installments have featured such guests as Andre Iguodala, Ashton Kutcher, DJ Khaled, Gisele Bundchen, Jessica Alba, Katy Perry, Mark Cuban, and will.i.am.

Digital Products[edit]

Thrive Global’s suite of science-based digital products for companies and consumers helps individuals improve well-being and performance, achieve sustainable behavior change and build a healthier relationship with technology.

Thrive Platform[edit]

The Thrive Platform provides users with the latest science and science-backed Microsteps that help you build habits that reduce stress, increase well-being, and maximize productivity.[22]

Thrive Away[edit]

In January 2018, Thrive Global launched the Thrive Away App in partnership with Samsung.[23] The app was only available on the Samsung Note8, and then later in the Google Play store.[24] The app is designed to help people “recalibrate [their] relationship with technology by giving [them] the tools to take a break from [their] phone to do whatever it is that makes you more human.”[25] The app allows users to go into “Thrive Mode,” which blocks all apps, notifications, calls and texts except from people on a designated list. Users can also set up an Auto Reply message which lets people know users are taking time off from their phone. Another feature, AppControl, allows users to set time-limited goals for specific apps. The app is part of a broader campaign on the part of Thrive Global to change cultural norms and combat technology addiction.[26]

Other Products[edit]

Phone Bed Charging Station[edit]

Thrive Global’s signature product, The Phone Bed Charging Station charges up to ten devices at a time and helps people get a better night’s sleep by putting all devices to bed outside the bedroom.[27]

International[edit]

Thrive Global launched operations in India in January 2018 in collaboration with Times Bridge, the international investments and partnerships division of Times Internet.[28] Arianna Huffington wrote an open letter to India that appeared in The Times of India[29] around technology addiction, mental health and the unique solutions that ancient Indian traditions can play in leading a culture shift. The following month, the company launched Thrive Greece in partnership with Antenna Group, the largest media company in Greece.[30]

Press[edit]

Thrive has been covered by various media like Adweek,[31] BloombergTV,[32] CNBC,[33] CNN,[34] Fast Company,[35] Forbes,[36] Fortune,[37] The New York Times,[38] TechCrunch,[39] The Washington Post,[40] WWD[41]

References[edit]

  1. ^ Swisher, Kara (2017-11-29). "Recode: Arianna Huffington has raised another $30 million for Thrive Global at a $120 million valuation". Recode. Retrieved 2019-03-20.
  2. ^ Henry, Zoë (2017-01-25). "Mattresses, Makeup, and Meal Kits: Top 10 NYC Startups to Watch in 2017". Inc.com. Retrieved 2019-03-20.
  3. ^ "LinkedIn Top Startups 2018: The 50 most sought-after startups in the U.S. (26-50)". www.linkedin.com. Retrieved 2019-03-20.
  4. ^ Cowles, Gregory (2014-04-04). "Inside the List". The New York Times. ISSN 0362-4331. Retrieved 2019-03-20.
  5. ^ Schawbel, Dan. "Arianna Huffington: Why Entrepreneurs Should Embrace The Third Metric". Forbes. Retrieved 2019-03-20.
  6. ^ "Arianna Huffington: Collapse from exhaustion was 'wake-up call'". TODAY.com. Retrieved 2019-03-20.
  7. ^ Griffith, Kathleen (2018-10-26). "Arianna Huffington Thought 'HuffPost' Would Be Her 'Last Chapter.' Was She Ever Wrong". Entrepreneur. Retrieved 2019-03-20.
  8. ^ Huffington, Arianna (2016-11-30). "From Arianna Huffington: Welcome to Thrive Global". Medium. Retrieved 2019-03-20.
  9. ^ Alpert, Lukas I. (2016-08-11). "Arianna Huffington to Leave the Huffington Post". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-03-20.
  10. ^ "Arianna Huffington Takes Wellness Mission to New Heights With Thrive Global". adage.com. Retrieved 2019-03-20.
  11. ^ "Arianna Huffington's Thrive Global is teaming up with Zenefits". TechCrunch. Retrieved 2019-03-20.
  12. ^ Shankar, Shashwati (2017-06-29). "Arianna Huffington launches wellness platform in partnership with Times Bridge". The Economic Times. Retrieved 2019-03-20.
  13. ^ "Hotelier takes employee wellness up a notch". www.hcareers.com. Retrieved 2019-03-20.
  14. ^ "Arianna Huffington's Thrive Global is teaming up with Zenefits". TechCrunch. Retrieved 2019-03-20.
  15. ^ "Arianna Huffington's Thrive Global raises $30M so you can work less and sleep more". TechCrunch. Retrieved 2019-03-20.
  16. ^ O'Reilly, Lara. "Arianna Huffington's wellness startup launched only 6 weeks ago and has already doubled its revenue targets for 2017". Business Insider. Retrieved 2019-03-20.
  17. ^ Swisher, Kara (2017-11-29). "Arianna Huffington has raised another $30 million for Thrive Global at a $120 million valuation". Recode. Retrieved 2019-03-20.
  18. ^ Guest, S. A. P. "Arianna Huffington On The Power Of Well-Being At Work". Forbes. Retrieved 2019-03-20.
  19. ^ Russo, Donovan (2019-02-09). "Arianna Huffington on the next big thing in tech: Disconnecting". www.cnbc.com. Retrieved 2019-03-20.
  20. ^ Cohen|April 26, David; 2017. "LinkedIn Learning Now Offers Courses From Arianna Huffington's Thrive Global". www.adweek.com. Retrieved 2019-03-20.
  21. ^ Barry, Erin (2018-01-20). "Arianna Huffington's Thrive promote wellness by giving phones a rest". www.cnbc.com. Retrieved 2019-03-20.
  22. ^ "The Big Idea That's Too Small to Fail, According to Science". thriveglobal.com. Retrieved 2019-03-20.
  23. ^ https://www.facebook.com/geoffreyfowler. "Review | Addicted to your smartphone? Now there's an app for that". Washington Post. Retrieved 2019-03-20.
  24. ^ "Exclusive: Arianna Huffington Adds a Do-Not-Disturb Sign to Your Samsung Phone". Fortune. Retrieved 2019-03-20.
  25. ^ 10154013767872392 (2017-10-20). "This Samsung app wants to help get smartphone addicts clean". Gearbrain. Retrieved 2019-03-20.
  26. ^ "Exclusive: Arianna Huffington Adds a Do-Not-Disturb Sign to Your Samsung Phone". Fortune. Retrieved 2019-03-20.
  27. ^ Hartmans, Avery. "This tiny $100 bed charges your phone — and helped me get my best night's sleep in weeks". Business Insider. Retrieved 2019-03-20.
  28. ^ "Arianna Huffington's Thrive Global launches in India with Times Bridge". MediaNama. 2018-01-03. Retrieved 2019-03-20.
  29. ^ "An open letter from Arianna Huffington to India". The Economic Times. 2018-01-02. Retrieved 2019-03-20.
  30. ^ "Greek media group brings Arianna Huffington's Thrive Global well-being platform to Romania". Romania Insider. Retrieved 2019-03-20.
  31. ^ Stanley|June 4, T. L.; 2017. "How Arianna Huffington Is Getting Female Business Leaders to Embrace Corporate Wellness". www.adweek.com. Retrieved 2019-09-17.
  32. ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-09-17.
  33. ^ "Battling burnout in the workplace". www.cnbc.com. Retrieved 2019-09-17.
  34. ^ "Why Arianna Huffington is selling a bed for your phone ... for $100". CNNMoney. 2016-11-30. Retrieved 2019-09-17.
  35. ^ Reader, Ruth (2019-02-06). "An exclusive first look at WeWork's design for Arianna Huffington's new office". Fast Company. Retrieved 2019-09-17.
  36. ^ Field, Shivaune. "Arianna Huffington On The Competitive Advantage Of Pairing Technology And Sleep". Forbes. Retrieved 2019-09-17.
  37. ^ "Dream Catcher". Fortune. Retrieved 2019-09-17.
  38. ^ Barron, James (2016-12-04). "Not Sleeping Enough? Arianna Huffington Wants to Help". The New York Times. ISSN 0362-4331. Retrieved 2019-09-17.
  39. ^ "Arianna Huffington's Thrive Global is teaming up with Zenefits". TechCrunch. Retrieved 2019-09-17.
  40. ^ Fowler, Geoffrey A. (January 19, 2018). "Addicted to your smartphone? Now there's an app for that". The Washington Post. Retrieved 2019-03-17.
  41. ^ Hays, Kali; Hays, Kali (2019-03-05). "Thrive Global Nabs Refinery29 Executive for Partnership Push". WWD. Retrieved 2019-09-17.