Company Research Report: Thryv Holdings, Inc.
Company Overview
- Name: Thryv Holdings, Inc.
- Mission: Empower small businesses to modernize their operations with comprehensive small business software solutions.
- Founded: Thryv has been around in one form or another for over 125 years.
- Key People:
- Joe Walsh: Chairman and Chief Executive Officer
- Paul Rouse: Chief Financial Officer
- Grant Freeman: President
- Lesley Bolger: Chief Legal Officer and Human Resources
- Tami Cannizzaro: Chief Marketing Officer
- Rees Johnson: Chief Product Officer
- James McCusker: Chief Revenue Officer
- John Wholey: Chief Operation and Information Officer
- Headquarters: Dallas, Texas, USA
- Number of Employees: Over 3,000 employees
- Revenue: Specific revenue figures are not available. However, Thryv has seen significant growth in SaaS revenue, such as a 25% increase in Q2 2024.
- Known For: Thryv is recognized for its leading small business software platform that automates business functions, allowing businesses to manage communication, operations, and growth efficiently.
Products
Thryv offers a range of products tailored for small business management through its software platform, with features that streamline operations and enhance business communications.
Main Products and Features:
- Thryv Command Center
- Features: Centralized communication hub including email, phone, and social media.
- Price: Forever free version available.
- Thryv Business Center
- Features: Core CRM functions, appointment scheduling, estimates & invoices, and payments.
- Pricing Plans:
- Plus Plan: $228/month, up to 5 users.
- Professional Plan: $382/month, includes a professional website.
- Unlimited Plan: $533/month, unlimited emails, and file storage.
- Thryv Marketing Center
- Features: Social media management, enhanced local listings, and real-time analytics.
- Additional Solutions:
- ThryvPay: Secure payment processing within the platform.
- eSignatures: Facilitate digital signing of documents.
- Integrations: Seamless integration for CRM and marketing tools.
Key Features of the Thryv Platform:
- Customer Database (CRM): Manage client relationships and streamline communications.
- Social Media Management: Schedule and manage social media posts.
- Online Listings & Reviews: Monitor and respond to customer reviews.
- Digital Payments: Streamline invoicing and digital payment processes.
- Professional Website: Custom-designed websites to enhance online presence.
Recent Developments
- New Product Launches: Thryv recently launched a Forever-Free Thryv Command Center to enhance business communications.
- SaaS Revenue Growth: Thryv saw a 25% increase in SaaS revenue in Q2 2024, driven by a 50% growth in SaaS subscribers.
- Awards: Thryv Australia received Software Innovation, SaaS Innovation, and Employer of Choice awards in 2024.
- New Partnerships: Increase in SaaS subscribers suggests enhanced partnerships and customer engagements.
- Strategic Initiatives: Raising full-year SaaS Adjusted EBITDA guidance indicates strong business performance and future growth trajectory.
Conclusion
Thryv Holdings, Inc. continues to demonstrate its commitment to empowering small businesses through its versatile and comprehensive software platform. With a strong leadership team, innovative product lineup, and ongoing recognition for its contributions to business software solutions, Thryv is a prominent player in the small business software industry. The company's strategic focus on enhancing its SaaS offerings and supporting small business growth positions it well for continued success and expansion.