Thrive Market was founded in 2014 by Nick Green, Gunnar Lovelace, Sasha Siddhartha, and Kate Mulling. In 2021, the company was reportedly considering an IPO at a $2 billion valuation according to PYMNTS.

Thrive Market is an membership-based online grocer that focuses on sustainable and healthy foods. The company's subscription model allows paying customers to subsidize free or reduced-cost memberships to individuals and families in need. Thrive Market has raised more than $200 million in venture capital funding from investors including Calm VC, Plus Capital, Runway Venture Partners, and Kapor Capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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To learn more about Thrive Market potential IPO

Will Thrive Market go IPO?

Thrive Market has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Thrive Market’s IPO price?

The Thrive Market IPO price does not exist at this time, as Thrive Market is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Thrive Market register for Forge Markets, today.

When was Thrive Market founded?

Thrive Market was founded in 2013.

What is Thrive Market funding to date?

Thrive Market has raised $602.66MM to date.

Who are Thrive Market’s major investors?

Bridge Capital
Calm Ventures
Invus Group
Cherry Tree Investments
Mac Venture Capital
Sax Capital
Uta Ventures
Greycroft Partners
Tylt Ventures
Astir Ventures
Mamoon Hamid
Headline
Plus Capital
Ivp
Scripps Networks Interactive
Lightspeed Venture Partners
Inevitable Ventures
Runway Venture Partners
Powerplant Ventures
Greycroft
Jazz Venture Partners
Energy Brands
Kapor Capital
Kleiner Perkins
Gs Retail Company
E.Ventures
Owl Ventures
Tudor Investment
Stonyfield Farm
Ldr Ventures
Digi Ventures
Goldman Sachs
Cavu Venture Partners
Vtf Capital
Kensington Capital Holdings
Draft Ventures
M13
Zulily
Compound Ventures
Microventures
Bam Ventures
Cross Culture Ventures

Thrive Market Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/08/2021 Series C $86.38MM $xx.xx $1.29B Goldman Sachs, Ivp, Jazz Venture Partners, Kleiner Perkins, Mamoon Hamid, Owl Ventures
Price per Share
$xx.xx
Shares Outstanding
3,510,963
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Goldman Sachs, Ivp, Jazz Venture Partners, Kleiner Perkins, Mamoon Hamid, Owl Ventures
07/02/2018 Series B-4 $64.05MM $xx.xx $668.69MM Bridge Capital, Gs Retail Company, Plus Capital, Runway Venture Partners
Price per Share
$xx.xx
Shares Outstanding
4,806,068
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bridge Capital, Gs Retail Company, Plus Capital, Runway Venture Partners
06/22/2016 Series B-3 $14.52MM $xx.xx $600.65MM Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
Price per Share
$xx.xx
Shares Outstanding
1,361,891
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
06/22/2016 Series B-2 $2.8MM $xx.xx $600.65MM Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
Price per Share
$xx.xx
Shares Outstanding
247,174
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
06/22/2016 Series B-1 $3.79MM $xx.xx $600.65MM Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
Price per Share
$xx.xx
Shares Outstanding
319,589
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
06/22/2016 Series B $90MM $xx.xx $600.65MM Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
Price per Share
$xx.xx
Shares Outstanding
6,753,257
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.5x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cavu Venture Partners, Cross Culture Ventures, E.Ventures, Greycroft Partners, Invus Group, Kapor Capital, Tudor Investment, Vtf Capital
07/10/2015 Series A-1 $1.23MM $xx.xx $220.4MM Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
Price per Share
$xx.xx
Shares Outstanding
4,621,227
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
07/10/2015 Series A-2 $584,966.00 $xx.xx $220.4MM Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
Price per Share
$xx.xx
Shares Outstanding
1,099,562
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
07/10/2015 Series A-3 $4.45MM $xx.xx $220.4MM Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
Price per Share
$xx.xx
Shares Outstanding
835,611
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
07/10/2015 Series A $33.54MM $xx.xx $220.4MM Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
Price per Share
$xx.xx
Shares Outstanding
5,043,429
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bam Ventures, Compound Ventures, Cross Culture Ventures, Energy Brands, E.Ventures, Greycroft Partners, Inevitable Ventures, Kensington Capital Holdings, Powerplant Ventures, Scripps Networks Interactive, Stonyfield Farm, Tylt Ventures, Zulily
Updated on: Dec 1, 2024

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