BC-based Thrive Health ranks as the 21st fastest-growing firm nationwide according to the Globe & Mail‘s annual Report on Business ranking of Canada’s Top Growing Companies.
Founded in 2016, Vancouver’s Thrive cut its teeth during the coronavirus pandemic. From there, things snowballed.
Over the past three years, revenue has surged more than 1,800% for the firm, now 70 people strong. For the first time, Thrive ranks among Canada’s Top Growing Companies.
“It is an honour to be recognized,” stated Alec McCauley, chief executive of Thrive Health. “This achievement reflects the dedication and innovation of our team and our vision for improving healthcare through technology.”
Riding this wave of momentum, Thrive this month launched “th.care,” which it describes as a digital catalyst for innovation in healthcare technology.
“We want to unlock innovation in healthcare,” explains McCauley. “At the intersection of technology and care, Thrive’s mission is to revolutionize the journey to wellness, ensuring every decision is data-driven, every process is streamlined and every patient’s story is heard.”
Th.care is therefore a “low-code framework for designing and delivering patient engagement solutions, born from within healthcare,” according to the company’s website, that “empowers developers to build and deploy healthcare applications rapidly, reducing development time and minimizing technical debt.”
The editor of Report on Business magazine, Dawn Calleja, says Top Growing Companies such as Thrive exhibit “drive and ingenuity.” The company is an example of “how innovative ideas always rise to the top, perhaps even more so in times of uncertainty,” according to Andrew Saunders, CEO of The Globe and Mail.
In 2019, the Globe & Mail published its inaugural Report on Business ranking of Canada’s fastest growing companies. The ranking scores participating private and public Canadian businesses based on three-year revenue growth.
Other BC-based startups innovating healthcare in Canada include Ginger Desk and Well AI.
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