Thrive Causemetics

Thrive Causemetics

Luxury cosmetics with philanthropic mission

About Thrive Causemetics

Simplify's Rating
Why Thrive Causemetics is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Social Impact

Consumer Goods

Company Size

51-200

Company Stage

Series A

Total Funding

$14.8M

Headquarters

Seattle, Washington

Founded

2013

Overview

Thrive Causemetics specializes in high-performance luxury cosmetics, offering a wide range of products such as mascaras, eyeliners, eyeshadows, and lip products. Their products are designed to meet the needs of beauty enthusiasts and socially conscious consumers. Each purchase contributes to their philanthropic mission, where they donate to empower women and support charitable organizations, having donated over $25 million in 2022 alone. Unlike many competitors, Thrive Causemetics combines product sales with a strong commitment to social impact, making it more than just a beauty brand. Their goal is to create a movement that not only provides quality cosmetics but also helps communities thrive.

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Simplify's Take

What believers are saying

  • Increased consumer interest in clean beauty products boosts Thrive Causemetics' growth.
  • The demand for vegan and cruelty-free cosmetics aligns with Thrive's product offerings.
  • Social commerce platforms like Instagram and TikTok enhance Thrive's consumer engagement.

What critics are saying

  • Emerging clean beauty brands may dilute Thrive Causemetics' market share.
  • Rising raw material costs could impact profit margins for vegan products.
  • Consumer skepticism towards 'greenwashing' may increase scrutiny of Thrive's claims.

What makes Thrive Causemetics unique

  • Thrive Causemetics combines luxury cosmetics with a strong philanthropic mission.
  • The company donates to empower women and support various charitable organizations.
  • Their direct-to-consumer model enhances customer loyalty through unique programs.

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Funding

Total Funding

$14.8M

Below

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15M
Thrive Causemetics
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

10%
PR Newswire
Mar 10th, 2025
Thrive Causemetics® Commemorates 10 Years Of Impact With Exclusive Anniversary Collection

Born from a personal mission to provide clinically-proven, clean cosmetics to those with compromised immune systems after losing her close friend, Kristy Lemond to cancer at just 24 years old, Bodnar's vision has gone above and beyond that as she strives to make tangible difference in the world through giving back. Since 2015, Thrive Causemetics®  has donated over $150 MILLION in funds and products to over 600 non-profit organizations that help communities enduring cancer, emerging from homelessness, surviving domestic abuse, fighting for racial and social justice, pursuing education, supporting LGBTQ+ causes, uplifting underserved marginalized youth, and assisting military + veterans. Most recently, the brand's commitment to creating positive change recently included a $500,000 donation to wildfire relief efforts in Los Angeles. "When I created Thrive Causemetics® from my one-bedroom apartment and formulated our first products in my kitchen, I could only imagine we'd be celebrating 10 years of impact with a global community of customers who believe in beauty that gives back," said Bodnar. "This milestone is a testament to the power of purpose-driven business fueled by YOU, our customers. "I'm so proud that we've stayed true to being woman-owned, backed by a community who believes every beauty choice can make a real difference

PRWeb
Nov 3rd, 2023
Patricia Field, Chris Redd, Orfeh, Andy Karl, Alicia Quarles, Khrystyana, And Natalie Negrotti Host Lara Eurdolian'S Book Launch, Celebrating Pawsitivity And Love

Lara Eurdolian expressed her gratitude, saying, "We're thrilled and humbled to see the warm reception of Charlie's story. This book is all about embracing different families and the love that unites them. It's been an incredible journey, and we're honored to share it with the world.". .

Beauty Packaging
Oct 3rd, 2023
Thrive Causemetics Launches 'Sheryl' Lipstick to Honor Find Your Fabulosity Founder

To kick off Domestic Violence Awareness Month, Thrive Causemetics has launched "Sheryl" Lipstick-named for Sheryl Kurland, founder of Find Your Fabulosity, a 501(c)3 nonprofit organization that has, to date, donated 95,000+ lipsticks to victims of domestic violence.

Thrive Causemetics
Aug 25th, 2022
Thrive Causemetics Inc. partnered with Beauty 2 The Streetz on Mar 1st 22'.

In March 2022, Thrive Causemetics Inc. partnered with Beauty 2 The Streetz to kick off the launch of Bigger Than Beauty™ Skincare Sunproof™ 3-in-1 Invisible Priming Sunscreen because sun protection is so important for homeless individuals.

Forbes
Mar 31st, 2022
Thrive Causemetics Inc. launched Sunproof 3-in-1 Invisible Priming Sunscreen SPF 37 on Feb 17th 22'.

That’s why Thrive Causemetics just introduced their very first dedicated SPF product, the Sunproof 3-in-1 Invisible Priming Sunscreen SPF 37.

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