Tech Company Financing Transactions
ThriveAI Funding Round
On 5/13/2025, ThriveAI secured $1.2 million in Seed funding from 500 Global, Hustle Fund and Iterative.
Transaction Overview
Company Name
Announced On
5/13/2025
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funding to accelerate development of its multi-agent platform, enabling deeper workflows, faster iteration, and broader coverage across the product management stack.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
ThriveAI is a startup founded in 2024 by former product leads Ishwar Dhanuka and Brian Ngo, who have backgrounds at Google, Slack, and Palantir. The company has raised $1.2 million in pre-seed funding, led by 500 Global, with participation from Iterative and Hustle Fund. ThriveAI develops AI agents that function as junior product managers, integrating with tools like Slack and Microsoft Teams to assist with tasks such as synthesizing feedback, monitoring product metrics, and coordinating across teams. The goal is to reduce the administrative burden on human product managers, allowing them to focus on high-value strategic work .
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ishwar Dhanuka
Chief Technical Officer
Brian Ngo
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