Investors - Thrive360

INVESTORS

Explore the Opportunities.

Introducing the ‘Netflix of emotional health and well-being’

Specialists who meet you where you are, when you’re there

Thrive360 offers an industry-first virtual-reality experience that includes high-quality, recorded sessions with hundreds of doctors, therapists, and experts. Our platform removes the barriers to access and makes support tools available 24×7 on any device with a screen.

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Thrive360 can help reduce the costs of employee distress and turnover.

Employees are dealing with more emotional issues now than ever before. Studies show a comprehensive well-being strategy and culture can positively impact a firm’s performance by tackling these business challenges.

Absenteeism: $250 per employee/month (Circadian)
Presenteeism: $801 per employee/month (Industry Week)
Healthcare Costs: $136 per employee/month (Rand Corporation)

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Employee Replacement Costs

What is the cost of replacing an individual employee?

of employee annual salary

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For a 100-person Company

What is the turnover cost for a 100-person company with an average salary of $50,000?

A smart choice at the right time.

The digital health and wellness app industry continues to boom ($120.8B in 2019; +20M wellness app users since 2019).
Virtual Reality is exploding in the global healthcare market (VR innovation is up; 5G is on the rise).
Thrive360 is the only app among competitors that provides a complete range of online therapeutic tools for B2B, B2C, and Medical audiences.

The evidence for ROI is real.

See the results from Thrive360’s clinical trials and case studies:

Measurable increase in job satisfaction
52% decrease in feelings of anxiety
53% decrease in feelings of depression
Turnover ratio improved from 40% to just 5%

A tool that users really use.

Unlike many other wellness programs, Thrive360 consistently shows impressive engagement from our users. As of the fourth quarter of 2021, Thrive360 user engagement is at 58.17 percent.

58.17% user engagement

According to a Deloitte study, for every dollar spent on early support of mental health in the workplace, employers get a return on investment of 8:1.

ROI Calculator

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Session quality and the breadth of our categories helps to demonstrate our value.

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Explore the opportunities.

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For Business & HR

How do we know if Thrive360 is making a difference?

As part of your subscription, you will be assigned a dedicated customer success manager who will provide reporting on analytics, and support the company on best practices to drive engagement. You will be able to see the number of employees who activate their Thrive360 account, the number of sessions accessed, and other data points that demonstrate engagement.

Where is the scientific evidence that demonstrates the value of the platform?

Thrive360 focuses on results, data, and science, and we have an excellent combination of supporting evidence in the form of Thrive360 user testimonials, Thrive360 case studies, third-party workplace wellness studies, and more. However, you really just need to try it to feel the results for yourself! In 15 minutes or less, you’ll find yourself changing from bad to good or good to better!

Can we suggest ideas and content for new sessions?

Absolutely, we encourage our clients to recommend new content. Let us hear your ideas for new sessions.

Our industry has unique demands. Can you provide us with customized sessions and content?

Yes, we can create custom content for you and your industry. Custom content often includes sessions that focus on unique industry challenges, safety issues, or even targeted initiatives, such as goals for healthy habits. If you prefer, your custom content can be made available only to your users.

What if we don’t have a dedicated space for a virtual-reality lounge?

If space is an issue, we can customize a Portable VR Lounge on wheels, allowing employees to take the equipment to a private space. We also have clients who allow employees to check out VR headsets and noise-cancelling headphones that they can take home to use in a more private environment.

Is your content only available in virtual reality format?

No, all of our sessions are available in high-quality, high-definition video (no VR headset required), and we also have a large library of content available in virtual-reality format (VR headset required).

Are we required to set up a virtual-reality lounge?

Our VR lounges have proven to be extremely popular and appreciated, and they can be an excellent boost to creating a positive work culture, but they are not required.

What if employees have questions or concerns about the Thrive360 program or its privacy policy, but don’t feel comfortable asking their management?

We provide a Thrive360 resource with whom your employees can connect privately to ask any questions about the platform, the sessions, the privacy, and more.

How can I make my employees feel more comfortable about your dedication to user privacy?

We recommend that you share our Privacy page with your employees. Since some employees might not feel comfortable that their employer can distinguish those who have activated an account, you could consider instructing all employees to activate their Thrive360 account.

Can you tell me more about your promise of user privacy?

User privacy is a pillar of the Thrive360 promise. Employers only know whether or not an employee has been invited to create an account or has activated an account. Employers are strictly forbidden from seeing individual employee session activity.

How do I know if my employees are using the platform?

Your Thrive360 dashboard shows you aggregate reports regarding number of users, average session length, session popularity, and more. Because Thrive360 promises users that they will have complete privacy and anonymity, these reports do not identify use by individual employees, which is critical.

How do I know employees will use the Thrive360 platform?

We have done the research and are adept at driving employee engagement, and our platform has been built to ensure ease of use. Also, your dedicated customer success manager will guide you to help ensure optimal engagement for your users.

How do I calculate my average cost of employee turnover?

This rate can vary by industry, but in general, multiply your average salary by a factor that is between 0.5 and 2.0. You might want to explore our ROI Calculator.

How do I determine the impact of your solution? What is the real ROI?

Our ROI Calculator is a great tool that shows you the conservatively calculated ROI impact for implementing Thrive360 in your workplace. Variables include your company turnover rate, your number of employees, and your average cost per turnover. If you’d like to see more evidence of our impact, view our case studies.

For Providers

What are the best session topics I should consider?

We can send you a list of preferred topics, but we always suggest that you explore topics that have the greatest need and for which you feel a passion. Also, consider topics that focus on your particular subject-matter expertise.

I already see content for what I do. Should I still become a provider?

Yes. Thrive360 users appreciate a wide variety of styles, and your style is sure to resonate with certain users, just as it does with your own clients.

How do I know if I am qualified to become a Thrive360 provider?

All our therapeutic providers must be certified professionals in a full-time practice. However, we also have non-therapeutic providers who are verifiable experts in fields that include communication, leadership, weight loss, etc. Submit an application and you will meet with one of our content curators to discuss your eligibility.

What is the minimum amount of session content I need to create?

We generally find that providers are most successful when they produce at least 100 minutes of content. This is generally an easy threshold to meet, and can consist of standalone sessions, a series, or a combination thereof. This is the minimum amount of content required to be featured in our Provider Directory.

Can I submit my own recorded videos?

No, we do not accept any outside video content because we insist upon an exceptionally high standard for professional video production.

Can I share my recorded session content with my own clients?

Yes, we encourage you to take advantage of your Thrive360 professionally produced sessions and share them with your own clients through your provider portal.

What if I make a mistake during my recording?

You’ll be relieved to know that we can’t recall ever seeing a provider who didn’t make mistakes. If you flub your line, simply say it again. We edit it later to help you shine.

What if I don’t think my office or home offers an attractive setting for filming?

All sessions will be recorded in front of a greenscreen, which means you don’t need to fret too much about selecting the perfect setting in your office or home. Whether recorded remotely or in our studio, providers will be edited into a beautiful artificial background.

Will I record my sessions in my own setting?

There are two options when it comes to content production. With Option 1, we mail an easy-to-use Thrive360 Production Kit that allows you to comfortably record in your own environment. In this scenario, we walk you through the entire setup, including lighting configuration, camera and microphone positioning, and more. If you would like assistance, we can be online with you throughout the entire recording process, but many providers prefer to record on their own, in private. With Option 2, some providers will be asked to record in our Thrive360 Studio in Austin, Texas. In this scenario, our production team will handle all aspects of set-up and filming, and you will only need to worry about your content. In the meeting with your producer, we will determine which option is right for you.

Can you help me create my content, my script, my storyboard?

Yes, we can be as involved in the content of your production as you like. We can help you not just with production issues, but with the creation and flow of your actual content and script.

Do you handle all the video production?

Absolutely. Our professional production teams handle every aspect of the process, from working with you on the script to the final production. We make sure you look like the polished professional that you are.

How much will I be paid?

We like to ensure our providers are compensated based on user engagement, so your provider revenue sharing is based off minutes watched by users within each content category. The more engaging and popular the content, the more it gets watched, and the more revenues you generate.

I get very nervous in front of the camera. Can I do this?

You might not be too surprised that many, if not most, of our providers are very anxious about being filmed. Know that we hold your hand throughout the process. We have tips and tricks that help you not only look and sound great, but also quickly settle in and feel as comfortable as if you are connecting one-to-one with a patient.

For Individuals

My employer provided my subscription. Can my employer see what sessions I’m watching?

Absolutely not. Your use of the platform is 100 percent anonymous and confidential. Your employer only can see that you have an account, but will never be given individual data as to how you’re using the platform. No one knows the sessions in which you’re engaging but you!

What is Thrive360?

Thrive360 offers the first and only comprehensive digital on-demand program using medical professionals, therapists, and topic experts to address your subconscious and conscious minds.

Are personal subscriptions available?

Currently Thrive360 only is available to business clients, but you can sign up to be notified when the service is available for personal subscriptions.

What makes Thrive360 different from other platforms?

Beyond basic meditation apps, Thrive360 delivers high-level sessions that can produce lasting results. Thrive360 utilizes the expertise of mental health professionals, coupled with a scientifically backed comprehensive approach.