Thrive Capital

Trullion Supports Geographic Expansion Welcoming Four New Leaders

Retrieved on: 
Tuesday, February 13, 2024

The appointments support Trullion’s geographic expansion throughout the US and EMEA (Europe, the Middle East, and Africa), strengthening its executive team with new depths of experience.

Key Points: 
  • The appointments support Trullion’s geographic expansion throughout the US and EMEA (Europe, the Middle East, and Africa), strengthening its executive team with new depths of experience.
  • Scott Singerman, VP of Alliances, based in Miami, joins Trullion after spending the last five years building and leading the Global Partner Organization at Mixpanel.
  • “In addition to actively extending our geographic footprint in the US and EMEA regions, we are pleased to hire our first leader in London.
  • With the help of our growing executive team, Trullion is well-positioned to support our clients, drive growth with our partners and extend our global reach.”

Essential AI Raises $56.5M Series A to Build the Enterprise Brain

Retrieved on: 
Tuesday, December 12, 2023

Essential AI today announced it has raised a $56.5 million Series A funding round led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital.

Key Points: 
  • Essential AI today announced it has raised a $56.5 million Series A funding round led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital.
  • To reinvent how enterprises work, Essential AI is developing full-stack AI products that quickly learn to increase productivity by automating time-consuming and monotonous workflows.
  • “We are thrilled to invest in Essential AI as it drives innovation at the intersection of enterprise adoption of AI and the emergence of enterprise-grade LLMs,” said Jamie Montgomery, Co-Founder and Managing Partner of March Capital and a board member of Essential AI.
  • “We look forward to partnering with the Essential AI team and leveraging March Capital’s industry expertise and global network to support Essential AI’s continued growth.”
    For more information and open roles, contact [email protected] and [email protected] .

Cedar Announces the Appointment of Krista Anderson-Copperman to the Company's Board of Directors

Retrieved on: 
Thursday, December 7, 2023

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Cedar, an end-to-end healthcare financial engagement platform, today announced that Krista Anderson-Copperman joined its Board of Directors. As a seasoned customer success executive and board director, Anderson-Copperman will provide oversight and counsel to Cedar, supporting their mission to create a more affordable, accessible and patient-centric financial experience in healthcare.

Key Points: 
  • "Krista's leadership in customer success will be a key asset for Cedar" - Florian Otto, CEO and Co-founder, Cedar
    Ms. Anderson-Copperman was previously the Chief Customer Officer at Okta.
  • Prior to joining Okta, she spent 14 years in leadership roles at Salesforce, including Senior Vice President, Customers for Life.
  • I'm so pleased to welcome Krista to our Board of Directors, and look forward to working with her—and learning from her—as we continue to grow and scale."
  • Ms. Anderson-Copperman joins Otto and Seth Cohen, President of Cedar, on Cedar's Board of Directors.

YIELDSTREET TO ACQUIRE ONLINE INVESTMENT PLATFORM CADRE, USHERING IN A NEW ERA OF PRIVATE MARKET ALTERNATIVES INVESTING

Retrieved on: 
Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Yieldstreet, a leading private market investment platform, today announced a definitive agreement to acquire Cadre, an online, real-estate-focused investment platform that serves institutional and high net worth investors. 

Key Points: 
  • EXTENDS CATEGORY LEADERSHIP WITH NEARLY $3 BILLION AUM, INSTITUTIONAL DISTRIBUTION CHANNELS AND PLATFORM CAPABILITIES
    NEW YORK, Nov. 30, 2023 /PRNewswire/ -- Yieldstreet, a leading private market investment platform, today announced a definitive agreement to acquire Cadre, an online, real-estate-focused investment platform that serves institutional and high net worth investors.
  • Yieldstreet extends its category leadership and welcomes Cadre's flagship institutional clients, unique investment platform and thousands of high net worth investors.
  • Yieldstreet and Cadre's constant pursuit of a better, more complete private market investing experience made the firms a natural fit.
  • Its sophisticated technology and platform streamlines the process of investing in offerings that meet rigorous due diligence standards, enabling private market investment distribution at scale.

Introducing Mojo Fantasy: Sportsbook Meets Fantasy In New App Featuring Daily Contests With Real Cash Prizes

Retrieved on: 
Thursday, September 7, 2023

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Mojo, a technology company focusing on best-in-class live sports gaming products, announced today the release of its first daily fantasy offering, Mojo Fantasy. On Mojo Fantasy, contestants compete using the same selection, odds, and liquidity available in Mojo's licensed New Jersey sportsbook, capturing the excitement of its live market in fantasy contests of skill. Today's release brings Mojo to 20 new states and territories for the first time.

Key Points: 
  • On Mojo Fantasy, contestants compete using the same selection, odds, and liquidity available in Mojo's licensed New Jersey sportsbook, capturing the excitement of its live market in fantasy contests of skill.
  • "Since launching Mojo Sportsbook in New Jersey last fall, the biggest request we've received is to bring our completely differentiated product to new states."
  • On Mojo Fantasy, customers enter a contest by building a portfolio of at least four player picks from thousands across the NFL and MLB.
  • Cash Prizes: Beat the crowd by turning the biggest profit to win cash prizes.

Ramp Announces $300 Million in New Funding to Accelerate Expansion in New Categories

Retrieved on: 
Tuesday, August 22, 2023

Capital will accelerate product roadmap and hiring as Ramp moves into new categories such as procurement on the back of recent acquisitions and customer wins.

Key Points: 
  • Capital will accelerate product roadmap and hiring as Ramp moves into new categories such as procurement on the back of recent acquisitions and customer wins.
  • The company will use this capital to further fuel its industry-leading pace of product development and accelerate its expansion into adjacent categories.
  • Large multinational and public companies such as Anduril, Poshmark, and Virgin Voyages have recently selected Ramp to modernize their spend management.
  • In the past three months, Ramp has:
    Entered the procurement software category with Ramp Plus , a new paid edition of its platform.

Fintech company Clair raises $175 million to launch first free, on-demand pay solution powered by FDIC-insured bank, to help front-line workers get paid same day

Retrieved on: 
Thursday, July 6, 2023

The new program provides for a participation amount of up to $150 million, which allows front-line workers to take wage advances from Pathward.

Key Points: 
  • The new program provides for a participation amount of up to $150 million, which allows front-line workers to take wage advances from Pathward.
  • Through the partnership, consumers get access to Pathward established FDIC-insured Clair Spending and Savings Accounts, among other financial services.
  • The funding includes an additional $25 million in equity in a round led by Thrive Capital.
  • Upfront Ventures and Kairos also participated in the equity round, bringing Clair’s total venture capital funding to $45 million.

Parabola Raises $24M Series B to Automate the "Un-Automatable"

Retrieved on: 
Wednesday, June 28, 2023

SAN FRANCISCO, June 28, 2023 /PRNewswire/ -- Parabola, a collaborative data tool enabling non-technical teams to automate solutions for manual, spreadsheet-based processes, today announces a $24 million Series B funding round led by OpenView, with participation from existing investors Matrix and Thrive Capital. Additional new investors include Flexport, Webflow, and the founders of Harry's, Warby Parker, and Allbirds. With this funding, Parabola will expand its product capabilities and grow its team in pursuit of empowering everyone to leverage automation and AI in their daily work, regardless of their technical capabilities.

Key Points: 
  • Parabola provides a solution for businesses beyond hiring more people for every new problem.
  • Combining the power of AI with familiar spreadsheet functionality, Parabola enables users to extract, analyze, categorize and experiment with data to solve real use cases.
  • Using Parabola, they've achieved tremendous value nearly overnight by automating the messy processes they thought were un-automatable."
  • Teams using Parabola can actually do more with less – and that's priority for virtually every business in 2023."

ClickHouse Cloud Expands Choice With Launch on Google Cloud Platform

Retrieved on: 
Tuesday, June 20, 2023

ClickHouse Inc., creator of the popular open-source columnar database designed for real-time analytics, today announces the general availability (GA) of ClickHouse Cloud on the Google Cloud Platform (GCP).

Key Points: 
  • ClickHouse Inc., creator of the popular open-source columnar database designed for real-time analytics, today announces the general availability (GA) of ClickHouse Cloud on the Google Cloud Platform (GCP).
  • The GA offers support across Asia, the European Union and the United States, and follows the December 2022 debut of ClickHouse Cloud on AWS.
  • ClickHouse Cloud launched in December 2022 to provide a serverless, fully managed, turnkey platform for real-time analytics built on top of ClickHouse.
  • “ClickHouse Cloud on Google Cloud Platform aligns perfectly with Vimeo's established partnership with Google Cloud, offering improved performance and scalability.

Medivis Raises $20M Series A to Advance Surgery with Augmented Reality

Retrieved on: 
Tuesday, June 13, 2023

Medivis announces a $20M Series A round led by Thrive Capital, Mayo Clinic, Initialized Capital, Bob Iger, Kevin Durant.

Key Points: 
  • Medivis announces a $20M Series A round led by Thrive Capital, Mayo Clinic, Initialized Capital, Bob Iger, Kevin Durant.
  • The company has also announced an expanded partnership with the Veterans Health Administration, the nation's largest integrated health system.
  • The fundraise will be used to scale engineering, obtain regulatory clearances and globally commercialize across multiple specialties including neurosurgery, orthopedic surgery, interventional radiology and reconstructive surgery.
  • "We started Medivis to usher in a new visual era for medicine through augmented reality.