Startup Thrivable raises $1.7 million from investors

Thrivable, a Cleveland-area startup that describes itself as a real-time platform for health care market research, announced it has closed $1.7 million in funding from local, regional and national investors.

The company said in a news release on Wednesday, June 9, that investors in the funding round are Allos Ventures, JumpStart Inc., North Coast Ventures and Early Light Ventures. The investment “will allow Thrivable to immediately expand its global team of full-time employees with a focus on the areas of technology, research, data science, sales and marketing,” according to the release.

Thrivable said in the release that its technology “allows health care companies to complete surveys, interviews, usability studies and more in just days compared to the industry standard of weeks and even months.” (Go here for a Crain’s profile of the company that was published on May 3.)

“We know that in today’s extremely competitive environment, the most patient-centric companies win,” Thrivable CEO David Edelman said in the release. “It’s why we enable on-demand access to quality panelists that companies need to make sure patient insights inform everyday decisions.”

This article originally appeared in Crain’s Cleveland Business on June 9, 2021.

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