Thrive Market Picks Up $111M In New Funding

Marina Del Rey-based, online healthy foods grocer Thrive Market has raised $111M in a new, venture funding round, the company disclosed this morning. The new funding was led by Invus Group, and also included Greycroft Partners, E-Ventures and Crosscut Ventures. Thrive Market, which is led by Nick Green and Gunnar Lovelace, recently passed up $100M in revenues, and has been seeing a huge expansion in its customer base. The company offers up healthy foods and other products through its online, membership-only site. More information »