Thrive Market - About the company
Thrive Market is a series C company based in Los Angeles (United States), founded in 2013 by Sasha Siddhartha, Nick Green, Gunnar Lovelace and . It operates as an Online membership-based platform offering organic groceries. Thrive Market has raised $332M in funding from investors like Greycroft, Invus and , with a current valuation of $941M. The company has 46 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like Good Eggs, Frog Hollow Farm and Mile High Organics.
Company Details
Thrive Market is an online membership-based platform offering organic groceries. Their product catalog includes snacks, beauty products, household products, beverages, etc. The company claims that its users can shop across categories like vegan, paleo, raw, gluten-free, etc. Some of the brands associated with the company are Jackson's honest, Acure, Smarty Pants, etc.
- Website
- Social
- Email ID
- @thrivemarket.com
- Phone Number
- +1
Key Metrics
Founded Year
2013
Location
Los Angeles, United States
Stage
Series C
Total Funding
in 6 rounds
Latest Funding Round
Post Money Valuation
as on May 04, 2025
Ranked
1st among
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
&
Legal entities associated with Thrive Market
Thrive Market is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 20181711163 United States, Active | Sep 06, 2018 | - | - | - |
CIN: 463408763 United States, Active | Dec 31, 2012 | - | 663 (as on Dec 31, 2022) | - |
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Thrive Market's funding and investors
Thrive Market has raised a total funding of $332M over 6 rounds. Its first funding round was on Sep 2014. Its latest funding round was a Series C round on Jul 16, 2018 for $29.2M. 1 investor participated in its latest round, lead by .
Thrive Market has 61 institutional investors including Greycroft, Invus and . Troy Carter and 3 others are Angel Investors in Thrive Market.
Here is the list of recent funding rounds of Thrive Market:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Jul 16, 2018 | $29.2M | Series C | 6038271 | 5003944 | |
Oct 13, 2016 | $149M | Series C | 4034878 | 4347281 | |
Jun 27, 2016 | $111M | Series B | 8763620 | 8133945 | Invus, Troy Carter, and |
View details of Thrive Market's funding rounds and investors
Thrive Market's founders and board of directors
Here are the details of Thrive Market's key team members:
- Sasha Siddhartha: Founder of Thrive Market and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: and
- Nick Green: Founder of Thrive Market. They are also an angel investor in 11 startups.Contact Info:
- Gunnar Lovelace: Founder of Thrive Market. They are also an angel investor in 4 startups.Contact Info:
- : Founder of Thrive Market.
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Thrive Market's employee count trend
Thrive Market has 663 employees as of Dec 22. The total employee count is 29.0% more than what it was in Dec 21. Here is Thrive Market's employee count trend over the years:Access ÃØÃÜÑо¿Ëù on any website
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Thrive Market's Competitors and alternates
Top competitors of Thrive Market include Good Eggs, Frog Hollow Farm and Mile High Organics. Here is the list of Top 10 competitors of Thrive Market, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() Thrive Market 2013, Los Angeles (United States), Series C | Online membership-based platform offering organic groceries | $332M | Invus, HDS CapitalÌý&²¹³¾±è;Ìý | 80/100 |
2nd | Good Eggs 2011, San Francisco (United States), Acquired | Online marketplace platform offering multi-category organic grocery products | $196M | Benchmark, The Westly GroupÌý&²¹³¾±è;Ìý | 68/100 |
3rd | ![]() Frog Hollow Farm 1976, Brentwood (United States), Unfunded | Online marketplace for organic grocery products | - | - | 33/100 |
4th | Mile High Organics 2010, Boulder (United States), Seed | Organic grocery home delivery service | $2.84M | FJ Labs, 500 GlobalÌý&²¹³¾±è;Ìý | 30/100 |
5th | Wholeshare 2009, San Francisco (United States), Acquired | Marketplace for group grocery ordering | $1.8M | SV Angel, DBL PartnersÌý&²¹³¾±è;Ìý | 26/100 |
6th | Greenling 2005, Austin (United States), Acqui-Hired | Local organic foods delivery | $8.25M | Houston Angel Network, Ìý&²¹³¾±è;Ìý | 24/100 |
7th | ![]() Essential Organic 2018, Bellingham (United States), Unfunded | Online platform offering organic grocery products | - | - | 22/100 |
8th | Bella Bean Organics 2009, Durham (United States), Unfunded | Online retailer of organic food products | - | - | 21/100 |
9th | Doorganics 2011, Grand Rapids (United States), Acquired | Farm to home delivery for organic produce and grocery items. | - | - | 21/100 |
10th | ![]() Galora 2020, Los Angeles (United States), Funding Raised | Online marketplace offering home grown groceries | - | 19/100 |
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Thrive Market's Investments and acquisitions
Thrive Market has not made any acquisitions yet. Thrive Market has made 4 investments. Here is the list of latest three $investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Aug 08, 2018 | Investments | 2015 | New York City, United States | |
Aug 07, 2018 | Investments | 2016 | New York City, United States | |
May 15, 2018 | Investments | 2017 | Los Angeles, United States |
See all investments by Thrive Market
Reports related to Thrive Market
Here is the latest report on Thrive Market's sector:
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News related to Thrive Market
Media has covered Thrive Market for a total of 5 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Grocery Dive•Jul 24, 2024•Thrive Market
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Grocery Dive•May 15, 2024•Thrive Market
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Supermarket News•May 14, 2024•Thrive Market
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Business Wire•May 10, 2024•Thrive Market,
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TechCrunch+•Apr 03, 2024•Thrive Market
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ABC Action News•Feb 23, 2024•Thrive Market
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