Thrive Capital

By  Laura Lovett 04:20 pm June 26, 2020
Health insurtech company Oscar Health scored a whopping $225 million in Series C funding from Google’s parent company Alphabet, General Catalyst, Khosla Ventures, Lakestar, Thrive Capital and Baillie Gifford.  This comes roughly two years after the company announced a $165 million funding round led by Brian Singerman and Founders Fund.  WHAT THEY DO  The company offers direct-to-consumer health...
By  Laura Lovett 12:11 pm September 16, 2019
Digital pharmacy Capsule has scored $200 million in new funding. The latest round was led by TCV with participation from Thrive Capital and Glade Brook Capital. This news comes a little over a year after the New York-based startup announced a $50 million Series B round, and about two years after its $20 million Series A round. WHAT THEY DO  The company offers hand-delivered same-day medication...
By  Laura Lovett 03:02 pm May 28, 2019
This afternoon Welkin, a startup focused on patient relationship management through messaging services and workflow organization, announced a $17.5 million Series B funding round exclusively to MobiHealthNews. The new funding was led by Altos Ventures, a Silicon Valley-based venture firm that invests specifically in American and South Korean companies. Existing investors Thrive Capital, Red Swan ...
By  Jonah Comstock 04:31 pm June 14, 2018
Benchling, which offers a software suite for improving collaboration and productivity among life sciences and biotech researchers, has raised $14.5 million in series B funding. Benchmark led the round, with additional participation by F-Prime Capital and returning investor Thrive Capital. “Just as computer science has changed the world and transformed every industry, we think that in 10 to 20...
By  Jonah Comstock 04:44 pm January 4, 2018
Cityblock Health, the urban-focused public health startup that spun out of Alphabet’s Sidewalk Labs in October, has raised $20.8 million in a round led by Maverick Ventures. Thrive Capital and Sidewalk Labs also contributed to the round, as did other unnamed strategic investors. The raise brings Cityblock’s total funding to $23.2 million. “We started Cityblock with a simple goal: to radically...
By  Jonah Comstock 04:37 pm November 10, 2017
San Francisco-based Welkin Health, which which specializes in patient relationship management through messaging services and workflow organization, has raised $8 million in a new round led by Thrive Capital. This brings Welkin’s total funding to $12 million. “We’re extremely proud of the team we’ve built at Welkin,” Chase Hensel, Welkin’s CEO and cofounder, said in a statement. “We started this...
By  Heather Mack 05:09 pm May 17, 2017
Hand-delivering drugs in New York City: it’s actually a newer thing, and it’s what pharmacy startup Capsule is all about. With a fresh $20 million in a round led by Thrive Capital, with contribution from Sound Ventures and Virgin Group, the company is working to establish itself apart from other such virtual pharmacies like Blink Health and PillPack, as well as the behemoth pharmacy benefits...
By  Jonah Comstock 11:11 am February 23, 2016
Late last month we wrote, based on a report from Fortune, that tech saavy up-and-coming health insurer Oscar was raising at least $150 million in a round led by Fidelity. That round is now confirmed, according to Forbes, and it's for more than initially reported: a total of $400 million. The deal reportedly values Oscar at $2.7 billion, just a bit shy of the $3 billion valuation Fortune predicted...
By  Brian Dolan 08:45 am November 19, 2015
San Francisco-based Joyable raised $8 million led by return backers Thrive Capital and Harrison Metal for its online cognitive behavioral therapy (CBT) and coaching program for social anxiety. Joyable tells MobiHealthNews this round brings the company's total funding up to more than $10 million. It also includes money from a new investor, Collaborative Fund. The $8 million will help the company,...
By  Aditi Pai 11:16 am March 18, 2015
San Francisco-based Joyable has raised $2 million from Thrive Capital, Harrison Metal, and angel investors including Benchmark Capital co-founder Andy Rachleff, according to a report over at TechCrunch. Joyable has developed an online program, based on cognitive behavioral therapy (CBT), that aims to help consumers improve their social anxiety. The company explains that one of the core concepts...