Before Karissa Bodnar launched Thrive, she worked as a makeup artist and product formulator. We believe changing the world starts with a single ingredient, and that’s why we create formulas containing proven ingredients without the use of parabens, sulfates, toxins or petrochemicals. The buzzy brand sells one mascara every nine seconds (and mascara is just one of their 90 products). (They do, however, give free swag to some.) [1] The same year, the company was named one of The Top 10 NYC Startups to Watch in 2017 by Inc.[2] In 2018, Thrive Global was named to LinkedIn's list of "The 50 most sought-after startups in the US. Thrive doesn’t pay influencers to hawk their makeup. Same goes for Estée Lauder, Shiseido, P&G, … You may opt-out by, Impact 50: Investors Seeking Profit — And Pushing For Change, Women@Forbes Under 30: Closing the Investment Gap. View Website.

The love they get from fans is real, and so is the compassion. With every purchase that is made, one beauty product will be donated to a woman who is undergoing cancer treatment. The company's platform offers cosmetics that are paraben, latex and sulfate-free and donates a specific amount for every product purchased to help a woman thrive, enabling users to buy luxury cosmetics with organic ingredients. Thrive Causemetics was born out of a friendship. Sheryl Sandberg, Oprah Winfrey, Kylie Jenner and 22 other women who built their own ten-figure fortunes. The founder and CEO of Stitch Fix is one of America's richest female entrepreneurs with a net worth of more than $400 million. Her "clean" cosmetics can be worn by people with compromised immune systems. 2.0 out of 5 stars Eh. Not too shabby for a company whose business model is to give half their products away for free. Thrive Market is an American e-commerce membership-based retailer offering natural and organic food products. Their biggest seller is the Liquid Lash Extensions Mascara, a fan favorite tubing mascara that boosts length and volume without smudging. Watch Cardi B's makeup artist take us through the rapper's coolest looks (and share some of her best tips): © 2020 Condé Nast. “She puts it on Monday in L.A., flies to New York for a week, and keeps them on the entire time — which we don't recommend.” That’s staying power.). [9], Before its official launch in November 2016, Thrive Global raised $7 million in a Series A funding round from investors such as Blue Pool Capital and Greycroft Partners. Most faux eyelashes or lash extensions are made to adhere to eyelashes that are already there, but Thrive Causemetics lashes are specially designed to for women who no longe… In today’s socially-conscious marketplace, it’s good business. “You can have a great mission, but if your products don’t truly work, you’re dead in the water.”, Bodnar says the spike was a result of built-up customer buzz and authentic makeup tutorials by real women on social media. © 2020 Forbes Media LLC. She personally created their lip matte formula in her kitchen over a weekend in 2018. “My advice for young women who want to start their own business is to know your why from day one,” the founder says. To make sure the 18-shade range was truly representative, Bodnar worked with women of color on the formulation, including editors from Essence magazine, brand guru and influencer Bozoma St. John, and Indian actress Priyanka Chopra as well as customers in Thrive Lab, a community that gives input and tests new products before they roll out. Anne Wojcicki built the world’s biggest genetic research database, and booked an estimated $475 million in annual sales, by selling 10 million consumers 23andMe genetic test kits. By 2016 they had raised $141 million across three rounds of funding following their launch in November 2014. All content is posted anonymously by employees working at Thrive Causemetics. But her cosmetics career took a different course after her close friend, Kristy, passed away from cancer at the age of 24. Founded in 2014. “Five years ago, vegan cosmetics weren’t very effective,” she says. Kathleen Hildreth is the cofounder of M1 Support Services, which maintains government aircraft across the country. Twitter @TanyaKlich, © 2020 Forbes Media LLC. BBB Northwest - Pacific. Last month, beauty giant L’Oreal acquired U.S.-based skincare brand Thayers Natural Remedies. I am a graduate of Columbia Journalism School and an adjunct professor at the NYU Arthur L. Carter Journalism Institute. Response. The Company offers a wide range of natural and organic products including seeds, olive oil, peptides, dish soap, baking goods, and spices. Millennials care a lot about where their money goes. “From my tinkering with ingredients like polymers, hyaluronic acid, and spirulina, I knew I could create better vegan and cruelty-free products without parabens and sulfates.”. Founded in 2007 as a physical retail concept, the Seattle startup quickly grew into a multi-channel online cosmetics brand, launching 300 new products each year. Get the full list », To view Thrive Causemetics’s complete executive team members history, request access », To view Thrive Causemetics’s complete board members history, request access », To view Thrive Causemetics’s complete investors history, request access », Founder, Chief Executive Officer, President & Board Member. Thrive Causemetics founder, Karissa Bodnar, Bodnar’s background in product development began as a kid in rural Washington state, making homemade cosmetics in her kitchen. Follow their account to see all their photos and videos.

It’s this sense of community that allows Thrive Causemetics to succeed and, well, thrive. But her career took a different course after a close friend, Kristy, passed away from cancer at the age of 24. Thrive Causemetics, Inc. [16] In November 2017, the company secured $30 million in additional funding from investors such as Marc Benioff and the venture firm IVP. Thrive Causemetics General Information Description Operator of an online shopping platform intended to offer organic cosmetics that are both vegan and cruelty-free.

Find startup jobs, tech news and events. [19], It may require cleanup to comply with Wikipedia's content policies, particularly, Learn how and when to remove this template message, "Recode: Arianna Huffington has raised another $30 million for Thrive Global at a $120 million valuation", "Mattresses, Makeup, and Meal Kits: Top 10 NYC Startups to Watch in 2017", "LinkedIn Top Startups 2018: The 50 most sought-after startups in the U.S. (26-50)", "Arianna Huffington: Why Entrepreneurs Should Embrace The Third Metric", "Arianna Huffington: Collapse from exhaustion was 'wake-up call, "Arianna Huffington Thought 'HuffPost' Would Be Her 'Last Chapter.' Whether it’s a customized playlist to amp your confidence, or practicing power poses in between slides, entrepreneurs at the Women@Forbes kickoff to the Under30 Summit agreed that audacity is key to not only launching a company, but taking the leap into scaling it into a high-growth business. So, that’s my tip. These partners help the company distribute liquid eyeliners, eye brighteners, CC (color-correcting) creams and other products to women facing cancer or domestic violence or reentering the workforce after experiencing homelessness. Ut enim ad minim veniam, quis nostrud exercitation ullamco, To view Thrive Causemetics’s complete valuation and funding history, request access », To view Thrive Causemetics’s complete cap table history, request access », You’re viewing 5 of 19 competitors. Discover more beauty brands that give back, below: 4 Beauty Startups With Major Philanthropic Missions, Three Green Beauty Brands That Give Back in a Major Way, How to Tell If a Beauty Brand's Philanthropic Initiatives Are Just Smoke and Mirrors. Was She Ever Wrong", "From Arianna Huffington: Welcome to Thrive Global", "Arianna Huffington to Leave the Huffington Post", "Arianna Huffington Takes Wellness Mission to New Heights With Thrive Global", "Arianna Huffington's Thrive Global is teaming up with Zenefits", "Arianna Huffington launches wellness platform in partnership with Times Bridge", "Hotelier takes employee wellness up a notch", "Arianna Huffington's Thrive Global raises $30M so you can work less and sleep more", "Arianna Huffington's wellness startup launched only 6 weeks ago and has already doubled its revenue targets for 2017", "Arianna Huffington has raised another $30 million for Thrive Global at a $120 million valuation", "Arianna Huffington's Thrive Global launches in India with Times Bridge", "Greek media group brings Arianna Huffington's Thrive Global well-being platform to Romania", https://en.wikipedia.org/w/index.php?title=Thrive_Global&oldid=943882948, Short description is different from Wikidata, Wikipedia articles with possible conflicts of interest from December 2019, Creative Commons Attribution-ShareAlike License, This page was last edited on 4 March 2020, at 12:02. A favorite of YouTubers like @NikkieTutorials, the brand is making beauty products with a purpose.

"[3], In March 2014, Arianna Huffington published the book Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder, a #1 New York Times bestseller,[4] which addressed the personal and collective crisis of stress and burnout, as well as the widespread longing “to redefine success and what it means to lead ‘the good life.’”[5], Huffington says a 2007 incident in which “she collapsed at her desk from exhaustion and awoke in a pool of blood, with a broken cheekbone,” was the wake-up call[6] that eventually led her to start Thrive Global. Kristy’s compassionate and vivacious spirit inspired Karissa to establish Thrive Causemetics, a beauty brand and philosophy that goes beyond skin deep by empowering women.

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