Wholesale buying club Thrive has followed up $8m in convertible note financing with a series A round featuring Scripps Network.
US-based wholesale buying club Thrive Market secured $30m in series A funding yesterday from backers including media company Scripps Network.
The round was co-led by Greycroft Partners and E.Ventures, which invested alongside a range of angel investors and, according to TechCrunch, CAVU and Powerplant Ventures.
Launched in November 2014, Thrive operates a buying club which consumers can join for a $60 annual fee in order to gain access to an onlne shop selling organic foods, eco-friendly cleaning products and other health-conscious goods.
Thrive…
