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Thrive Market is an American e-commerce membership-based retailer offering natural and organic food products. [1] It was founded by Nick Green, Gunnar Lovelace, Kate Mulling, and Sasha Siddhartha. By 2016 they had raised $141 million across three funding rounds following their launch in November 2014.
Numi sells bagged tea, loose leaf tea, iced tea, gift items and other tea-related products. The company offers tea types including green, black, white, oolong, pu-erh, and herbal teas such as honeybush and rooibos. [1] Numi was first to introduce a full line of pu-erh tea products to the U.S. market. [7]
Thrive has been praised by food industry professionals for its neutral taste, versatility, and high smoke point. The Gelson's grocery chain began supplying Thrive to the Los Angeles area in 2015. Due to its success in this market, TerraVia announced it would expand the distribution of Thrive throughout the West Coast in May 2016.
In 1995, the company name was briefly changed to Vitamin Cottage Natural Food Emporium. [10] Margaret Isely died in 1997, and the Iselys' children took over the business the following year. [13] In the 2010s, Natural Grocers stopped selling what they call "confinement dairy products", which includes milk from cows that aren't allowed to graze. [14]
Thrive Restaurant Group has purchased another 69 restaurants, which gives it five concepts in 15 states. With another 3,000 employees, it now has about 8,000 total.
Yogi Tea was established in 1973. [1] Yogi Bhajan , a Kundalini yoga instructor influenced the original tea blend recipe, which is based on Ayurvedic medicine, that consists of cinnamon, cardamom, ginger, cloves and black pepper.
Honest Tea was founded in 1998 by Seth Goldman, a graduate of Harvard and the Yale School of Management who got the idea to found a beverage company while he was at business school. There were two key ideas behind the company: to bring beverages to market that were organic and not as heavily sweetened, and to conduct the business using fair ...
Thrive Capital itself, which now has $14 billion in assets under management, according to SEC filings, was seeded by General Catalyst and the firm’s cofounder, Joel Cutler.