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Team Thrive advised on capital raising
Global law firm Ashurst has advised Team Thrive on its latest capital raising.
Emma Musgrave
Firm: Ashurst (Team Thrive)
Value: Undisclosed
Area: Finance
Key players: The team advising Team Thrive was led by Ashurst partner Stuart Dullard, with assistance from senior associate Tom McCann and associate Rebecca Karpin.
Deal significance: Team Thrive, also known as Thriday, is the developer of an all-in-one financial management platform for sole traders and small businesses that attaches to a transactional bank account that can automate quotations, invoices and accounting.
Established in 2020, Thriday aims to save small businesses a huge amount of time and money by automating financial administration.
“Our integrated business account, accounting, tax and lending solution acts as the financial operating system of a business,” the group’s website said.
“In doing so, Thrive automates and simplifies the bulk of financial admin tasks for SMEs, saving time, increasing productivity, improving accuracy and helping SMEs grow and succeed through smarter access to capital.
“It’s like having a bookkeeper, accountant and transaction account all in one.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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