Thrive Capital
Thrive Capital — New York-based venture firm investing in software and internet companies
About
Thrive Capital is a New York-based venture capital firm founded in 2009 by Joshua Kushner, focusing on software and internet investments. The firm has raised over $22 billion across multiple funds, with assets under management exceeding $50 billion as of 2026. Thrive Capital's investment strategy includes both early-stage and late-stage funding, with a notable emphasis on technology sectors such as artificial intelligence, fintech, and consumer internet. The firm's portfolio features several high-profile companies, including OpenAI, which received a $130 million investment at a $29 billion valuation in 2022. Other significant investments encompass Scale AI, A24, Stripe, Airtable, Glossier, Plaid, Anduril, Ramp, and Databricks. Thrive Capital distinguishes itself through a concentrated investment approach, taking high-conviction positions and providing long-term strategic support to its portfolio companies. In 2022, Thrive Capital closed its eighth fund with approximately $3 billion in capital commitments, allocating $500 million for early-stage startups and $2.5 billion for later-stage companies. The firm has also expanded its influence in the sports industry by acquiring a stake in the San Francisco Giants in April 2026. Thrive Capital's strategic investments and active involvement in portfolio companies have solidified its reputation as a significant player in the venture capital landscape.