Thrive Global Closes Series B Funding Extension with $43 Million Raised

New York City-based Thrive Global, announced it has closed an extension of its Series B funding round with a group of new strategic partners, bringing the total raised to date to $43 million at a $121.5 million valuation. The Arianna Huffington founded media company, will focus its Series B funding on dramatically accelerating Thrive’s technology and product growth to scale its impact on ending the epidemic of stress and burnout to more people, more companies and more countries around the world.

“This extension is an amazing opportunity for Thrive Global to bring in some great strategic partners who deeply believe in our mission and are uniquely positioned to help us grow our business and accelerate the culture shift we are working on,” Arianna Huffington, Founder and CEO of Thrive Global said.

Previously Huffington founded the Huffington Post, which was sold to AOL for an estimated $315 Million seven years ago.

Among the new strategic investors are Kevin Durant of the Golden State Warriors and his business partner Rich Kleiman; 49ers Enterprises, an investment affiliate of the San Francisco 49ers; Jeffrey Katzenberg’s Wndrco; Eric Roza, founder of Datalogix and SVP/GM of Oracle Data Cloud; Adrian Aoun, founder and CEO of Forward; Yash Sandesara, founder and managing director of 205 Capital; and Adam Miller, Cornerstone OnDemand founder and CEO.

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