Thrive Savings

Closed

Thrive Savings was founded in 2019, is headquartered in Toronto, Canada, and has $145K in recorded funding across 1 round.

Headquarters
Toronto
Founded
2019
Business Model
B2C
Total Funding
$145K
Last Round
$145K SeedJun 2019
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

About

Thrive Savings was a Toronto fintech that built a mobile app to help college-age consumers save money and shop without relying on credit-card debt. Its product used spending-pattern analytics to calculate how much a user could automatically move into savings, then offered instant shopping through gift-card redemption with cash-back rebates at tens of thousands of brands. After Canadian banks blocked the integrations it needed, Thrive left Canada in 2019, joined the Techstars / Western Union accelerator, and later tried to launch in the United States. CEO Jordan Wimmer announced on LinkedIn that the company would shut down at the end of March 2021 after running out of time and money.

Summary

Thrive Savings is an E-Commerce company based in Toronto, Canada, founded in 2019. It has raised $145K in total across 1 round, most recently a $145K Seed round in Jun 2019. Investors include DMZ and Techstars.

Funding History

SeedSeed RoundJun 2019
$145K

Investors

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