Thrive Market
Culver City, US · Founded 2015 · Delaware corporation · 14 known investors
Thrive Market is an online grocery delivery service offering non-GMO and clean label food products at discounted prices through a membership model. The company targets health-conscious consumers seeking healthier alternatives to conventional groceries.
Direct to ConsumerE-commerceFoodTech
Founders & leadership
Thrive Market was founded in 2015 by Gunnar Lovelace, Nicholas Green, and Nick Green.
Board
DS
Investors · 14
Almanac InsightsNew York
BAM VenturesLos Angeles · $100K – $1M
BY Venture PartnersSt Helier · $714K – $70M
Digi VenturesLos Angeles
GreycroftNew York · $100K – $5Mvia Dana Settle · board
GroundForce CapitalVenice · $10M – $35M
HDS CapitalNew York City
LDR VenturesLos Angeles
MaC Venture CapitalLos Angeles · $500K – $2M
Runway Venture PartnersNew York · $1M
TYLT VenturesSanta Monica
VTF CapitalLas Vegas · $300K – $2M
CAVU Consumer PartnersreportedSanta Monica · $1M – $30M
Cross Culture Venturesreported
Reported raises · per SEC filings
Form D private placements$144M disclosed across 2 rounds · 2015–2016
▶$111.1MraisedJul 2016 · 56 investors · Other TechnologyRule 506(b)
▶$111.1MraisedJul 2016 · 56 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Evren BilimerDirector
- Dana SettleDirector
- Nicholas GreenExecutive Officer, Director
- Gunnar LovelaceExecutive Officer, Director
- Christopher SobeckiDirector
- Offering amount
- $111.1M
- Amount sold
- $111.1M
- Minimum investment
- $1
- First sale
- Jun 2016
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$32.9MraisedJul 2015 · 191 investors · Other TechnologyRule 506(b)
▶$32.9MraisedJul 2015 · 191 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gunnar LovelaceExecutive Officer, Director
- Dana SettleDirector
- Nicholas GreenExecutive Officer, Director
- Offering amount
- $38.3M
- Amount sold
- $32.9M
- Minimum investment
- $1
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Thrive Market went on to found or lead other companies.
Competitors · 3
by search overlap
Instacart30990 shared keywordsInstacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.
Whole Foods20819 shared keywordsWhole Foods Market is a grocery retailer offering fresh produce, prepared foods, and groceries for home delivery and in-store purchase in the United Kingdom.
DoorDash14575 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Companies competing with Thrive Market for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Thrive Market do?
- Thrive Market is an online grocery delivery service offering non-GMO and clean label food products at discounted prices through a membership model. The company targets health-conscious consumers seeking healthier alternatives to conventional groceries.
- Who founded Thrive Market?
- Thrive Market was founded by Gunnar Lovelace, Nicholas Green, Nick Green in 2015.
- Who are Thrive Market's investors?
- Thrive Market's investors include Almanac Insights, BAM Ventures, BY Venture Partners, Digi Ventures, Greycroft, GroundForce Capital, HDS Capital, LDR Ventures and 6 more.
- How much funding has Thrive Market raised?
- Thrive Market has disclosed $144M raised across 2 rounds.
- Where is Thrive Market headquartered?
- Thrive Market is headquartered in Culver City, US.