Latest news with #NickGreen
Business Wire
3 days ago
- Business
- Business Wire
Thrive Market Named to CNBC Disruptor 50 List
LOS ANGELES--(BUSINESS WIRE)-- Thrive Market, the online membership that makes healthy living easy, has once again been named to the 2025 CNBC Disruptor 50 list. The annual list celebrates private companies chasing some of the market's biggest opportunities and bringing innovation and progress to major industries. Since its founding in 2014, Thrive Market has become a touchstone example of a mission-driven company at scale. In 2024, the mission-driven company generated more than $700M in sales, delivering the highest quality, healthy food and sustainable products at affordable prices. This marks the second consecutive year Thrive Market has been recognized on the CNBC Disruptor 50 list. In August 2024, the company extended its industry-leading quality standards, restricting more than 1,000 ingredients and continuing to take a stand against GMOs, artificial dyes and sweeteners, hormone-disrupting chemicals and more. Today, members can shop more than 6,000 items across pantry, home, and personal care, including more than 650 exclusive Thrive Market-branded products. 'We're incredibly proud to be recognized again on CNBC's Disruptor 50 list after a milestone year—launching our retail media network offering, bringing frozen fulfillment in-house, and scaling our AI-assisted shopping experience—all in service of making healthy and sustainable living easier and more accessible for everyone,' said Nick Green, Thrive Market Co-Founder and CEO. In the year ahead, Thrive Market will continue to feed the engine of member value with deeper investments in AI-powered features like recurring orders and personalized cart building, while reinforcing its position as the go-to destination for innovative, health-forward products—advancing its mission to make healthy and sustainable living easy and accessible for everyone. For more information about Thrive Market, please visit and for the complete list of 2025 CNBC Disruptor 50 companies, visit /disruptors. About Thrive Market Thrive Market, Inc. was founded in 2014 with a mission to make healthy and sustainable living easy and accessible for everyone. As an online, membership-based market (with more than 1.6M members), Thrive Market delivers the highest quality, healthy, and sustainable products at member-only prices. At the same time, every annual membership sponsors a free membership for a student, teacher, veteran, nurse, first responder, or a family in need. Thrive Market carries a hyper-curated catalog of organic and non-GMO products and offers 90+ filters and values, allowing you to shop by diet and lifestyle. The brand's social impact arm, Thrive Gives, has raised more than $18M since its inception to fund food access and environmental sustainability causes. Thrive Market has been carbon neutral since 2014; in 2020, it became the largest online grocer in the U.S. to be a Certified B Corporation; and in 2023, it converted to a Public Benefit Corporation. In 2024, it became the first online-only retailer to accept SNAP EBT. Thrive Market is committed to becoming the world's first climate-positive grocer. Visit or follow @ThriveMarket to learn more.
CNBC
3 days ago
- Business
- CNBC
12. Thrive Market
Founders: Nick Green (CEO), Sasha Siddhartha, Gunnar Lovelace, Kate MullingLaunched: 2014Headquarters: Los AngelesFunding: $300 millionValuation: N/AKey Technologies: N/AIndustry: Food, logisticsPrevious appearances on Disruptor 50 list: 1 (No. 20 in 2024) In a decade, Thrive Market has grown from a niche health food startup to a major online grocery player. The company now has more than 1.6 million paid members across the continental U.S. It's made further moves over the past year to expand operations and strengthen its position. Thrive opened a dedicated frozen foods facility in Sparks, Nevada, in October. By bringing logistics in-house, the company said it improved shipping speeds by 20% and cut refund rates by 10%. More than one million frozen units have shipped from the facility to date. Frozen goods, once a small part of the business, now span 350 SKUs and are growing at a double-digit rate annually. Through its expansion, the company has stayed close to its mission of healthy and sustainable living. Thrive introduced new product standards in 2024, excluding more than 1,000 ingredients, including GMOs, synthetic sweeteners, and artificial flavors. The company earned Climate Neutral Certification in March, a sustainability milestone that the company earned by investing in ways to avoid, remove, and reduce carbon emissions from making or delivering products and services. Thrive operates on a membership model, charging $5 to $12 a month for access to natural and organic products at discounted prices. About 50% of members live in areas without easy access to health food retailers, and over 40% have household incomes under $100,000, reflecting a broad, middle-class customer base. Thrive became the first online-only grocer approved to accept SNAP EBT benefits nationwide in February 2024. The company has also continued to make key investments in technology. It introduced AI-enabled carts last year, which make purchase suggestions based on a quiz. Thrive partnered with Instacart's Carrot Ads in October to roll out a retail media network. The solution will allow brands to run campaigns inside Thrive Market's website and app. In the first two months after rollout, the network offering saw 150% growth. Online grocery remains a fast-moving, crowded space. Retail giants like Walmart and Amazon are scaling up their online grocery offerings as are niche competitors, such as Misfits Market and Grove Collaborative. Thrive's future will depend on retaining subscribers, maintaining convenience, and preserving its identity as a mission-driven brand.
Yahoo
10-02-2025
- Business
- Yahoo
Avid Bioservices Launches New Company Website Designed to Boost Company Brand Awareness and Enhance the Visitor Experience
TUSTIN, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ: CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced the launch of its new corporate website. The new site, which can be visited at combines Avid's elevated brand story and visual identity with improved functionality and navigation, all aimed at enhancing the visitor experience, particularly for current and prospective customers. The reimagined Avid website captures the company's elevated brand through the tagline, 'Discover the Avid effect.™', helping educate visitors on the differentiation that positions the company as one of the industry's leading, most trusted biologics CDMOs. It offers a completely revamped customer experience highlighted by user-friendly navigation, improved accessibility, video interaction, and educational resources. 'As a company that places the highest priority on delivering exceptional quality service and exceeding the expectations of our customers, we felt compelled to bring that same ethos to our online presence,' said Nick Green, president and chief executive officer of Avid. 'We take great pride in unveiling our new company website as a showcase to the Avid brand, capturing the spirit of our team, our unrivaled expertise, world-class facilities, and personalized process. For those that already have a relationship with Avid, we expect the new site will align with their experience. For those just getting to know us, we hope it will serve as a trusted and valuable resource for exploration, education, and engagement.' About Avid Bioservices, Inc. Avid Bioservices (NASDAQ: CDMO) is a dedicated contract development and manufacturing organization (CDMO) focused on development and CGMP manufacturing of biologics. The company provides a comprehensive range of process development, CGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries. With more than 30 years of experience producing biologics, Avid's services include CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing and regulatory submissions support. For early-stage programs the company provides a variety of process development activities, including cell line development, upstream and downstream development and optimization, analytical methods development, testing and characterization. The scope of our services ranges from standalone process development projects to full development and manufacturing programs through commercialization. CONTACT: Contacts: Stephanie Diaz (Investors) Vida Strategic Partners 415-675-7401 sdiaz@ Tim Brons (Media) Vida Strategic Partners 415-675-7402 tbrons@ in to access your portfolio
