Thrive

Thrive is an IT service management company that provides disaster recovery, cybersecurity and IT managed services for businesses. Read more

163 Followers on Owler
163 Followers on Owler
163 Followers on Owler
163 Followers on Owler

Thrive

Thrive is an IT service management company that provides disaster recovery, cybersecurity and IT managed services for businesses. Read more

Rob Stephenson's photo - CEO of Thrive

CEO

Rob Stephenson

CEO Approval Rating

78/100

THRIVE TOP COMPETITORS OR ALTERNATIVES

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Dataprise is perceived as one of Thrive's biggest rivals. Dataprise is headquartered in Rockville, Maryland, and was founded in 1995. Like Thrive, Dataprise also operates in the Cybersecurity industry. Dataprise generates 89% the revenue of Thrive.

mindSHIFT is one of Thrive's top competitors. mindSHIFT is a Private company that was founded in 1999 in Waltham, Massachusetts. Like Thrive, mindSHIFT also operates in the IT Consulting field. Compared to Thrive, mindSHIFT has 425 more employees.

StratusPointIT has been one of Thrive's top competitors. StratusPointIT was founded in 2006 in Natick, Massachusetts. Like Thrive, StratusPointIT also works within the IT Services field. StratusPointIT generates $51M less revenue than Thrive.

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Growth Score - 1/1

Is 250 a good estimate for Thrive's Employee count?

Thrive Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Howard Tech Advisors

Mar 2021

Source »
undisclosed
Howard Tech Advisors is an IT managed services firm that provides IT virtualization, consulting, and disaster recovery solutions for corporate organizations.
Apex IT Group

Jan 2021

Source »
undisclosed
Apex IT is a New Jersey-based IT services company that provides cloud computing, data backup and cybersecurity solutions for businesses.
Timlin Enterprises

Oct 2020

Source »
undisclosed
Timlin is a digital organization that provides office 365, contract and project-based IT staffing services for businesses.
Ease Technologies, Inc.

Nov 2019

Source »
undisclosed
EaseTech provides cloud workspace, identity management and managed IT services for finance, education and legal sectors.
Tier1Net, Inc.

Jul 2019

Source »
undisclosed
Tier1Net provides disaster recovery, hardware procurement and system management services for small and medium-sized businesses.

These are all the companies that Thrive has acquired. Thrive has acquired 8 companies and its latest acquisition was Howard Tech Advisors in Mar 2021. Howard Tech Advisors is an IT managed services firm that provides IT virtualization, consulting, and disaster recovery solutions for corporate organizations.

Thrive Funding History

Since Thrive was founded in 2000, it has participated in 1 round of funding. In total Thrive has raised $6.0M. Thrive's funding round was on Sep 2017 for a total of $6.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2017
$6M

Pacific Mercantile Bank

Since Thrive was founded in 2000, it has participated in 1 round of funding. In total Thrive has raised $6.0M. Thrive's funding round was on Sep 2017 for a total of $6.0M

Thrive Investments

No recent investments found related to Thrive

These are all the companies that Thrive has invested in. Thrive has invested 8 companies and its latest investment was Howard Tech Advisors in Mar 2021. Howard Tech Advisors is an IT managed services firm that provides IT virtualization, consulting, and disaster recovery solutions for corporate organizations.

Thrive News

January 22, 2021ChannelE2E

Thrive Buys Apex IT Group - ChannelE2E

Thrive, backed by private equity firm M/C Partners, has acquired Apex IT Group, an MSP from Mount Lau... See more »
January 22, 2021The Business Journals: Philadelphia

Massachusetts company acquires South Jersey IT firm to drive aggressive expansion in region

The deal will make Apex IT the "founding staple" of Thrive's growing Mid-Atlantic operations.... See more »
October 22, 2020Database Trends and Applications

Thrive Creates Platform for Managing Multi-Cloud Workloads

Thrive, a provider of NextGen Managed Services, is launching the Hybrid Cloud Director, powered by Ab... See more »
October 8, 2020CRN

'Next-Generation' MSP Thrive Buys App-Focused Firm

Timlin brings to Thrive a wide range of Microsoft application and development expertise.... See more »
March 3, 2020Martech Series

Thrive Recognized on CRN's 2020 MSP500 List

Thrive, a premier provider of NextGen Managed Services, proudly announced that CRN, a brand of The Ch... See more »
November 5, 2019ChannelE2E

Thrive Buys EaseTech

Thrive acquires EaseTech for managed IT services provider (MSP) expansion in Columbia, Maryland & the... See more »
July 11, 2019ChannelE2E

Thrive Buys Tier1Net for Financial Services Push

Thrive, backed by M/C Partners, acquires Tier1Net, a managed IT services provider (MSP) for financial... See more »

Thrive Blogs

March 23, 2020Thrive Blog

Customer Communication Regarding COVID-19 (Coronavirus)

Dear Valued Thrive Customers, Just a quick note to assure you that in this very difficult time, Thriv... See more »
March 20, 2020Thrive Blog

The Rise of Remote Collaboration

Along with the massive influx of users working from home, there's been a massive increase in remote c... See more »
March 17, 2020Thrive Blog

COVID-19 Impact on Internet Performance

Most Internet Service Providers (ISPs) oversubscribe their bandwidth and networks as typical inbound ... See more »
March 16, 2020Thrive Blog

Security Awareness Best Practices to Mitigate COVID-19 Scams & Hacks

Due to the heightened attention around the COVID-19 virus, attackers are extremely likely to take the... See more »
March 12, 2020Thrive Blog

Understand the Risk of Unpatched Equipment

If you have read Thrive's blog or other security blogs, you probably have come across patching. Every... See more »
March 11, 2020Thrive Blog

Service Pledge Regarding COVID-19 (Coronavirus)

Dear Valued Customers, Thrive is closely monitoring the COVID-19 (Coronavirus) situation and guidance... See more »
February 27, 2020Thrive Blog

Channel Partner Program and Approach

Thrive ramps up for a promising 2020 with their Channel Partner Program.The post Channel Partner Prog... See more »

Thrive Press Releases

July 11, 2019PR Newswire

Thrive & Tier1Net Combine to Enhance FinTech Services

FOXBOROUGH, Mass., July 11, 2019 /PRNewswire/ -- Thrive, a premier provider of Next Generation Manage... See more »
May 20, 2019PR Newswire

Thrive Honored as MSP of the Year

FOXBOROUGH, Mass., May 20, 2019 /PRNewswire/ -- Thrive, a premier provider of Next Generation Managed... See more »
July 12, 2018streetinsider

Morgan Partners Advises InfoHedge in its Strategic Transaction with M/C Partners-backed Thrive

NEWTON, Mass., July 12, 2018 /PRNewswire/ -- Morgan Partners, a distinguished middle market investmen... See more »
February 8, 2018ForImmediateRelease

Thrive CEO to Present at Kaseya Accelerate M&A Symposium

Travel & Tourism Industry release: FOXBOROUGH, Mass., Feb. 8, 2018 /PRNewswire/ - Thrive Networks, a ... See more »
January 3, 2018PR Newswire

Thrive Ranked Among Top 100 Cloud Services Providers

TEWKSBURY, Mass., Jan. 3, 2018 /PRNewswire/ -- Thrive ranks among the world's Top 100 cloud services ... See more »
November 2, 2017PR Newswire

Thrive Names Technology Sales Veteran John Panzica to Chief Revenue Officer Post

TEWKSBURY, Mass., Nov. 2, 2017 /PRNewswire/ -- Thrive, a leading provider of next generation managed ... See more »
July 19, 2017PR Newswire

Thrive Recognized by CRN and MSPmentor as a Top IT Service Provider in 2017 Rankings

TEWKSBURY, Mass., July 19, 2017 /PRNewswire/ -- Thrive, a leading provider of next generation IT serv... See more »

Thrive Videos

Social Media

Thrive Headquarters

25 Forbes Boulevard Suite 3

Foxborough, Massachusetts02035

1-866-205-2810

Driving Directions »

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Thrive Summary

ABOUT

Overview

Thrive is an IT service management company that provides disaster recovery, cybersecurity and IT managed services for businesses. Thrive was founded in 2000. Thrive's headquarters is located in Foxborough, Massachusetts, USA 02035. It has raised 6.0M ...

CEO

Thrive's CEO, Rob Stephenson, currently has an approval rating of 78%. Thrive's primary competitors are Dataprise, mindSHIFT & StratusPointIT.

Website

thrivenetworks.com

Frequently Asked Questions about Thrive

  1. When was Thrive founded?

    Thrive was founded in 2000
  2. Who is Thrive's CEO?

    Thrive's CEO is Rob Stephenson
  3. How much revenue does Thrive generate?

    Thrive generates $60M in revenue
  4. How much funding does Thrive have?

    Thrive has historically raised $6M in funding
  1. Where is Thrive's headquarters?

    Thrive's headquarters is in Foxborough Massachusetts, USA
  2. How many employees does Thrive have?

    Thrive has 250 employees
  3. What sector does Thrive operate in?

    Thrive is in Cybersecurity, IT Consulting, IT Services
  4. Who are Thrive's competitors?

    Thrive's top competitors are Dataprise, mindSHIFT, StratusPointIT