News story

THRIVE declares unprecedented growth two years since its launch

Learning NewsThrive

THRIVE has experienced exceptional growth in just two years since launching its learning experience platform in February 2019, expanding to over 120 clients in 28 countries with ten global resellers.

Completely self-funded, THRIVE built their microlearning catalogue and learning experience platform entirely from scratch with one goal; to boldly disrupt and drive brave change in the industry. 

Using no legacy technology, they created something modern and unique that gives L&D teams exactly what they need; the compliance requirements of a learning management system with personalisation, social learning and a modern user experience.

Increased revenue from organic growth

This year has put THRIVE on the map, with many impressive organisations demanding their innovative learning technology solutions such as Ted Baker, Moonpig, Lotus Cars, Zoopla, Huel, Essentra, CommScope, BGL Group, Atalian and Yopa. 

They boast a 100% LXP renewal rate, net promoter score of +93 and have replaced some of the industries most well-known LMS’s including Totara LMS, Learning Pool, Looop, Fuse Universal, Cornerstone, Kallidus, Growth Engineering and SAP Success Factors.   

This has led to an unprecedented amount of growth for THRIVE reaching £1.55 million annual recurring revenue which is a 480% rise year on year.  

Additionally, THRIVE LXP, their modern-day LMS, has continued to grow with 23 major LXP releases in the last year including features such as broadcasts, Microsoft teams integration and LinkedIn Learning auto curation. With learners at their core, THRIVE are thrilled to receive an average review score of 4.7 out of a 5-star rating from product users on Capterra.

Driving results for forward-thinking organisations

Since implementing THRIVE LXP the likes of Sky have experienced exceptional results including 645% increased engagement compared to their previous learning platform, up to 94% activation and over 500,000 content views a month. 

Read the full case study here.

The team at DECIEM The Abnormal Beauty Company have seen a 68% increase in the ability to learn at work and a 76% increase in the ability to receive business updates.

Their learning experience platform is made up of 53% user generated content and they have a 90% activation rate with each employee spending an average of 83 minutes a week on learning.

Read the full case study here.

THRIVE has made multiple strategic hires in the last year growing their Customer Success team by 150% and appointing Directors of Sales and Marketing. Their passion, innovative product and modern people policies continue to attract the industry’s top talent and THRIVE are looking to grow their team globally throughout 2021. 

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