Peter Cannone

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Peter Cannone

This report provides an overview of Peter Cannone's previous employers (UpCurve, ThriveHive, Springboard, and OnForce), including background on the company and notable acquisitions and investments that occurred while he was part of the management team. Updates on the status of his more recent employers are also provided.

UpCurve

ThriveHive

  • Peter Cannone served as CEO for ThriveHive from November 2015 to December 2018.
  • ThriveHive provides marketing services to small- and medium-sized businesses.
  • While Cannone was with ThriveHive, it took on a new marketing management relationship with Associated Bodywork & Massage Professionals.
  • Other partnerships created while Cannone was with ThriveHive include TeenLife and the American Society of Interior Designers.
  • While Cannone was CEO at ThriveHive, it launched a free tool called ThriveHive Grader. The tool helps businesses create and maintain their Google My Business profile.
  • While Cannone was CEO, ThriveHive acquired Closely, a Denver-based technology company known for designing Perch. Perch is a mobile app that aggregates business data.
  • ThriveHive closed its office in Manchester, New Hampshire in 2019. Quincy, Boston, Las Vegas, and Denver are continuing operations for the time being. Additional employee cuts at ThriveHive are planned as a result of a pending merger with Gannett.

Springboard

  • Springboard provides before and after school programs for children at the elementary and middle school level in schools across the country. The programs are designed using research to best amplify their impact.
  • Springboard is registered as a Certified B Corporation, meaning it is committed to using business enterprise as a force for good.
  • While Cannone was with Springboard, the company experienced record growth in the number of children participating in its programs.
  • While Cannone was with Springboard, the company received an investment of an undisclosed amount from Bridges Ventures.

OnForce

  • Peter Cannone served as President and CEO of OnForce from January 2007 to November 2014.
  • OnForce is a freelance management company that connects professional freelancers with companies in need of their expertise.
  • While Cannone was with OnForce, the company had three aims: lower the cost of labor delivery, guarantee labor quality, and mitigate risks in taking on new personnel.
  • Approximately 1,000 independent contractors signed up each month through OnForce during Cannone's time with the company.
  • While Cannone was with OnForce, the company merged with Beeline, a company specializing in software management solutions for the workforce. Cannone left OnForce a few months later for unknown reasons.
Sources
Sources

Quotes
  • "ThriveHive, which was previously known as Propel Marketing until it was acquired by New Media in 2016, is a part of UpCurve, one of the non-journalism companies that generates revenue for New Media (NYSE: NEWM). ThriveHive offers marketing services to small- and medium-size businesses, and benefits from the relationships that GateHouse newspapers have with local advertisers."
Quotes
  • "UpCurve is focused on enabling the transformation of what it means to be a small business. We believe that we are on the cusp of a revolution that is being powered by the creation and adoption of new software and technology that is specifically designed to meet the needs of small business. We both own and invest in companies empowering the next generation small business."
Quotes
  • "ThriveHive, a leading brand in small and mid-sized business marketing solutions, today announced a new relationship with Associated Bodywork & Massage Professionals (ABMP). "
  • "ThriveHive, a leading brand in small and mid-sized business marketing solutions, today announced the launch of ThriveHive Grader, a free solution designed to guide small business owners in creating and maintaining their Google My Business (GMB) profile."
Quotes
  • "GoCo, the HR and benefits platform, today announced a $7 million Series A funding round led by ATX Seed Ventures alongside the investment arm of UpCurve, Inc. (“UpCurve”), the small and medium-sized business (SMB) solutions provider, among other strategic investors. The new capital will be allocated to hiring across all departments, further platform development to extend the breadth of offerings and to broadly expand the company’s customer base."
Quotes
  • "ThriveHive, an UpCurve, Inc. (“UpCurve”) company, today announced that it has acquired Closely. The Denver-based technology company is best known for its award-winning mobile app, Perch, and will be integrated into ThriveHive’s digital solutions."
Quotes
  • "Springboard is a leading provider of before and after school programs for children at elementary and middle schools across the country. With a focus on academic skills, Springboard specializes in research-based programming that reinforces classroom learning with activities targeting social-emotional development, physical well-being and teamwork."
Quotes
  • "Springboard Education in America ("Springboard"), an extended-day program leader, is ramping up to address its 2015 record growth. Over the past two years, the company has experienced triple-digit growth and is now expanding to serve over 6,000 children in public, private and charter schools in 13 states and the District of Columbia. To accommodate this expansion, Springboard has hired more than 100 new employees, the majority of which are licensed teachers. The company expects to maintain this pace for the upcoming year."
Quotes
  • "Bridges Ventures has made an investment in Lexington, Massachusetts-based Springboard Education in America, a provider of before- and after-school educational programming. No financial terms were disclosed. Also, Springboard has named Peter Cannone as its new president."
Quotes
  • "OnForce connects talented professionals directly to the companies that need them. As the leading Freelancer Management System (FMS) for Field Services, OnForce allows companies to search for, engage with, manage, and pay non-employee talent. With access to a vetted network of highly rated, skilled, and insured field services technicians, OnForce FMS helps companies optimize costs, expand coverage areas, improve efficiency, and reduce risks"
Quotes
  • "Cannone says this WaaS model allows businesses to achieve three major objectives: lower the cost of labor delivery, guarantee the quality of that labor, and mitigate the risk involved in adding new teams or personnel."
Quotes
  • "Beeline, a global leader in software solutions for managing the extended workforce, today announced that its parent company, Adecco Group, has acquired OnForce and is merging the company under Beeline’s portfolio of workforce solutions, which include a vendor management system (VMS), Ellegro learning solutions (ELS) and now OnForce freelancer management system (FMS). Beeline and OnForce will deliver the first integrated solution that offers customers multiple channels for sourcing talent."