AI Powered Product Management: ThriveAI Lands $1.2M

ThriveAI, a next-generation startup specializing in AI powered product management solutions, has successfully raised $1.2 million in a pre-seed funding round led by 500 Global, with participation from Iterative and Hustle Fund.
The funding will support the development of ThriveAI’s AI-driven ‘junior product manager’ platform, designed to streamline administrative tasks for product management teams.
ThriveAI Raises $1.2M to Simplify Product Management
Founded in 2024 by Ishwar Dhanuka, a former Google product lead, and Brian Ngo, a former engineer at Palantir and Slack, ThriveAI aims to reduce the workload of product managers by automating time consuming tasks.
The platform’s AI agents seamlessly integrate with popular tools like Slack and Microsoft Teams to handle functions such as issue detection, data organization, feedback analysis, and competitor monitoring.
‘We’re prioritizing reliability over novelty, aiming to make ThriveAI feel like a dependable teammate for product managers,’ said CEO Ishwar Dhanuka.
‘Our goal is to enable product managers to focus on strategic decision-making by automating repetitive yet essential tasks.’
The funds will be used to enhance the platform’s multi-agent capabilities, allowing for more comprehensive workflows and expanded functionalities within product management processes.
As AI-powered automation solutions gain traction in business management, ThriveAI is emerging as a key player among startups leveraging AI to drive operational efficiency.