Ever wondered if a simple drink could be worth millions? Thrive+ certainly proves that innovation, even in the realm of hangover prevention, can translate into substantial financial success.
The net worth of Thrive+ isn't just a random figure; it's a calculated estimate based on several factors. Revenue streams, growth rate, market share, and strategic investments all play a crucial role in determining the company's overall financial health. These figures, while derived from various public sources, offer a glimpse into the company's performance and potential.
| Category | Information |
| Company Name | Thrive+ (now Cheers) |
| Founder | Brooks Powell |
| Founded | 2014 |
| Product | Hangover prevention supplement |
| Shark Tank Appearance | Season 9, Episode 24 (February 25, 2018) |
| Ask | $400,000 for 10% equity (Valuing the company at $4 million) |
| Deal | No deal secured |
| Net Worth (November 2023) | Estimated $5 million |
| Annual Sales Revenue (November 2023) | $3.5 million |
| Seed Round | $2.1 million (Closed in 2019) |
| Lead Investor | NextView Ventures |
| Website | Cheers Health |
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