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Thrive Commerce

Founded Year



Unattributed | Alive

Total Raised


Last Raised

$150K | 4 yrs ago

About Thrive Commerce

Thrive Commerce is a centralized deal management platform for online retailers to manage and distribute deals via multiple channels. The Thrive white label platform generates a unique Savings Center for online retailers based on the retailer's specific offers, target keywords and products.

Headquarters Location

1521 Locust Street, Suite 1001 15th Floor

Philadelphia, Pennsylvania, 19102,

United States


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Expert Collections containing Thrive Commerce

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Thrive Commerce is included in 2 Expert Collections, including E-Commerce.



10,322 items



7,940 items

US-based companies

Thrive Commerce Patents

Thrive Commerce has filed 1 patent.

patents chart

Application Date

Grant Date


Related Topics



Marketing techniques, Bonds (finance), Content management systems, Promotion and marketing communications, Information technology management


Application Date


Grant Date


Related Topics

Marketing techniques, Bonds (finance), Content management systems, Promotion and marketing communications, Information technology management



Latest Thrive Commerce News

Scott Bohrer has some advice for building a founding team

Jun 29, 2015

The Thrive team, left to right: Scott Stuebner, Justin Chapman, Scott Bohrer and Andy Schön. (Courtesy photo) Great companies get the right people on the bus, and then they figure out where to go. That way of thinking helps a company achieve greatness, according to Jim Collins, bestselling author of Good To Great . Whereas most startups lead with a defined strategy and then retrofit the team around a particular approach, the great ones (companies characterized by high returns on invested capital, impact and endurance) build the core team first, and then everything else (i.e. the strategy and minimum viable product) is developed afterwards. Focusing on the core team first is an approach that resonates with Scott Bohrer , cofounder and CEO of Thrive Commerce , a deal discovery platform for online retailers. "In startups, the team is everything. " Scott Bohrer, Thrive Commerce Bohrer spent the better part of the last seven years at SeventySix Capital investing in tech startups and watching teams grow. He understands the importance of the team building and the essential role that it plays when launching a new venture. “In startups, the team is everything,” said Bohrer. “Business plans, competition and market conditions are always changing. It’s the team that is able to adapt and execute best that often wins.” After investing in more than 20 founding teams, Scott got the urge to build his own and go after the $1.5 billion digital coupon market pioneered by RetailMeNot. We sat down with Bohrer to discuss his approach to team building, and how he managed to get the right people on the proverbial bus at Thrive Commerce. Fishing for cofounders When most entrepreneurs think of cofounders, they immediately think of friends — people with shared values that they’ve known for a while and fundamentally trust. While Bohrer agrees with the friendship approach to cofounding, he believes that it lacks context. “You want your cofounders to be friends you’ve worked with before,” said Bohrer. “You need confidence that they can execute.” The work experience part is important because it’s the only way to validate someone’s work ethic. As a venture capitalist, Bohrer has seen the camaraderie and productivity of teams like StartUp Health and ReverbNation (SeventySix Capital portfolio companies) first hand. “They were great teams because they’ve worked together for seven-plus years on project after project,” said Bohrer. Advertisements - Continue reading below Bohrer’s first cofounder at Thrive Commerce was Justin Chapman. The two met at SeventySix Capital, where Chapman did a six-month internship at the venture firm as a student at Drexel University. Justin went on the lead product development at one of the firm’s portfolio companies, before launching his own startup called FeedbackLoop, a music subscription service and crowdfunding platform for new artist. The cofounders’ prior work experience gave them the confidence to pursue this new venture together. Justin is currently the director of product development at Thrive Commerce. Much of what Thrive Commerce does involves retail integrations. Bohrer knew that he needed a proven hitter on his core team with domain experience and specialized knowledge in affiliate marketing. The only problem was that no one in Scott’s immediate network stood out as the clear-cut candidate. In order to find the right person, Scott hired three recruiters to do a nationwide search. “Recruiting a core team member is not like filling a regular job opening,” said Bohrer. “The stakes are much higher, so you have to search far and wide to find the right person.” The right person was Andy Schon. Schon came in with enough domain experience to write the textbook. He was an early employee and former VP of engineering at Linkshare ( acquired by Rakuten for $425 million ). He filled the same role at Adknowledge , a global player in the digital marketing space. The systems that Schon helped to engineer at these two companies processed more than $36 billion in online transactions. With Schon on board, and the founding team now in place, Bohrer was ready to focus on the minimum viable product. Third-party vendors in the core team Bohrer wanted to contract a professional firm to build the minimum viable product. He felt like collaborating with a third party was a better and more scalable option than hiring developers. Whenever a third party handles a critical component of your product offering ( similar to how Netflix uses Amazon Web Service for cloud computing ), you don’t want to approach it like an outsourcer. It is far more effective to engross the third party into the core team and build a long-term, highly collaborative work relationship, Bohrer said. That’s why he chose Arcweb , a Philadelphia-based product design and development company that specializes in enterprise technology. Not only are both companies local, but Bohrer has known Chris Cera, CEO of Arcweb, for years and the two have worked together in the past. Thrive Commerce went live earlier this month as Bohrer continues to build out his team. He recently hired Scott Stuebner to run business development, and he is actively looking to build up the sales team. It will be interesting to see where Bohrer takes Thrive Commerce next, and the people he brings on the bus to help him get there. -30- Rayce Rollins is a writer, contributor to Philly and author of Good Businesses Grow Small . He is also an adjunct professor at Temple University.

Thrive Commerce Frequently Asked Questions (FAQ)

  • When was Thrive Commerce founded?

    Thrive Commerce was founded in 2014.

  • Where is Thrive Commerce's headquarters?

    Thrive Commerce's headquarters is located at 1521 Locust Street, Suite 1001, Philadelphia.

  • What is Thrive Commerce's latest funding round?

    Thrive Commerce's latest funding round is Unattributed.

  • How much did Thrive Commerce raise?

    Thrive Commerce raised a total of $1.03M.

  • Who are the investors of Thrive Commerce?

    Investors of Thrive Commerce include Jason Finger, Ira Lubert, Dick Buell, Seth Besmertnik, Chris Cera and 3 more.

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