# Thrive Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thrive-financial

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.thrivecash.com
- Total disclosed funding: $10M
- Latest round: Series A (Dec 20, 2019)
- Investors on record: 3

## About

Thrive Financial, Inc. is a financial technology company focused on providing innovative financial solutions for consumers, leveraging technology to enhance accessibility and user experience in personal finance management.Founded in 2017 and headquartered in San Francisco, US, Thrive Financial, Inc. operates in the financial technology sector, specializing in personal finance solutions. The company has undergone strategic pivots to enhance its offerings. In December 2019, it raised USD 8 million in Series A funding led by Craft Ventures. The founder's background information is not publicly available.Thrive Financial, Inc. offers a range of financial products aimed at enhancing personal finance management. The company's services include tools for budgeting, saving, and investing, which are designed to simplify financial decision-making for users. By focusing on technology-driven solutions, Thrive aims to improve financial literacy and enable users to achieve their personal finance goals.Thrive Financial generates revenue through a variety of channels, including subscription fees for its premium services and transactional fees associated with its financial products. The structure is focused on providing a seamless user experience while facilitating financial transactions for its customers.Thrive Financial, Inc. plans to utilize the USD 8 million raised in its Series A funding to develop new features and expand its product offerings. The company is targeting the launch of enhanced budgeting tools and investment tracking capabilities by late 2021. Additionally, Thrive aims to expand its services to new geographic markets including Canada and parts of Europe by 2022, to cater to a broader audience seeking innovative financial solutions.

## Funding rounds

- Series A, Dec 20, 2019, $8M — Craft Ventures
- Seed, Nov 20, 2017, $2M — SV Angel, Harrison Metal

## Investors

- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A