# Thrive Solo

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

- Industry: Software
- Headquarters: Newcastle, UK
- Website: www.thrivesolo.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 23, 2013)
- Investors on record: 1

## About

Thrive Solo is a technology firm dedicated to enhancing operational efficiency through innovative software solutions for various industries, including finance, healthcare, and logistics.Founded in 2011 in Newcastle, UK, Thrive Solo develops software solutions designed to improve operational efficiency. The firm raised GBP 200,000 in Seed funding from Kima Ventures in December 2013, valuing the company at GBP 1.14 million post-money. The company's sole funding round has contributed to their growth strategy.Thrive Solo specializes in innovative technology solutions aimed at enhancing operational efficiency across various industries. Their flagship products include a suite of software applications designed for data analytics, project management, and customer relationship management (CRM). These solutions cater to a diverse customer base, including small to medium-sized enterprises (SMEs) and large corporations, focusing on industries such as finance, healthcare, and logistics. The software streamlines workflows, improves decision-making through actionable insights, and fosters better client engagement. The company’s services are available primarily in North America and Europe, ensuring a broad reach within these competitive markets.The company's revenue model is structured around a subscription-based framework, enabling clients to access their software suite through tiered pricing plans. This model allows customers to choose between basic, standard, and premium options, offering varying levels of features and support. Transactions occur directly between the firm and its clients, with annual or monthly billing cycles based on the selected subscription plan. Additionally, the company engages in partnerships with resellers and integrators, expanding its reach into new markets and enhancing its service offerings. By leveraging these diverse revenue streams, the company maintains a steady cash flow while continually investing in product development and customer support.Thrive Solo plans to utilize the recent Seed funding of GBP 200,000 raised in December 2013 to support the development of new software products aimed at addressing evolving market needs. The firm is targeting expansion into additional markets within Europe and North America by the end of 2014, leveraging its innovative solutions to tap into new customer segments and enhance its product offerings.

## Funding rounds

- Seed, Dec 23, 2013, $0.3M — Kima Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed