Thrive Market's millennial CEO grew a grocery business to 1.6 million members with the unlikely help of wellness influencers

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People in Business: June 2, 2025

Thrive Market's millennial CEO grew a grocery business to 1.6 million members with the unlikely help of wellness influencers

//business-finance.news-articles.net/content/202 .. h-the-unlikely-help-of-wellness-influencers.html

Published in Business and Finance on Sunday, June 8th 2025 at 23:20 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Before Thrive Market, "accidental entrepreneur" Nick Green ran his first business from his Harvard dorm.

Thrive Market, a membership-based online grocery store, has secured $700 million in funding, valuing the company at $3.5 billion. The company, led by millennial CEO Nick Green, focuses on providing affordable, healthy, and sustainable products to its members. Thrive Market's success is attributed to its partnerships with wellness influencers and its commitment to social and environmental causes, such as donating a free membership to a low-income family for every paid membership. The funding round was led by private equity firm TPG, with participation from existing investors like Goldman Sachs and Wildcat Capital Management. Thrive Market plans to use the funds to expand its product offerings, improve its technology, and increase its social impact initiatives.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/05/thrive-markets-millennial-ceo-wellness-influencers-700-million-funding/ ]

N※N

Thrive Market's millennial CEO grew a grocery business to 1.6 million members with the unlikely help of wellness influencers