Thrive Capital
American venture capital firm
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| May 2025 | Thrive invested in 'io', an artificial intelligence hardware start-up founded by Jony Ive in 2024, which was subsequently acquired by OpenAI for $6.5 billion (pending regulatory approval). |
| 2024 | Thrive Capital raised Thrive Capital Partners IX with $5 billion in committed capital. |
| November 2024 | Financial Times highlighted Thrive's investment strategy of investing heavily in fewer companies to provide closer relationships with founders while maintaining early-stage, growth, and late-stage investment approaches. |
| October 2024 | Thrive Capital led a $6.6 billion funding round for OpenAI, contributing $1 billion and helping increase OpenAI's valuation to $157 billion. |
| August 2024 | Thrive Capital raised over $5 billion for Thrive IX, its largest fund to date, split between a $4 billion late-stage investment fund and a $1 billion early-stage ventures fund. |
| March 2023 | Thrive Capital raised $1.8 billion to invest in Stripe at a $50 billion valuation. |
| January 2023 | A group of five investors (Bob Iger, Mukesh Ambani, Henry Kravis, Xavier Niel, and Jorge Paulo Lemann) acquired a 3.3% stake in Thrive Capital, valuing the firm at $5.3 billion. |
| 2022 | Thrive Capital raised Thrive Capital Partners VIII with $3 billion in committed capital. |
| 2022 | Nitin Nohria was brought on as the firm's first executive chair. |
| 2021 | Thrive Capital raised Thrive Capital Partners VII with $2 billion in committed capital. |
| September 2021 | Thrive Capital registered as an investment adviser with the U.S. Securities and Exchange Commission, planning to invest in public companies and crypto assets. Ten portfolio companies went public this year, including Affirm and Nubank. |
| May 2021 | Petershill Partners invested $120 million for a 3% stake in Thrive Capital, valuing the firm at $3.6 billion. |
| 2018 | Thrive Capital raised Thrive Capital Partners VI with $1 billion in committed capital. |
| 2016 | Thrive Capital raised Thrive Capital Partners V with $700 million in committed capital. |
| 2016 | Jared Kushner sold his entire Thrive Capital stake to avoid potential conflicts of interest after being appointed Senior Advisor to the President. |
| 2014 | Thrive Capital raised Thrive Capital Partners IV with $400 million in committed capital. |
| 2012 | Thrive Capital raised Thrive Capital Partners III with $150 million in committed capital. |
| 2011 | Thrive Capital launched Thrive Capital Partners II, securing $40 million in committed capital. |
| 2011 | Thrive Capital launched its first institutional fund, raising $40 million from Princeton University, Wellcome Trust, Peter Thiel, and other investors, with General Catalyst serving as the core LP. |
| 2010 | Joshua Kushner founded Thrive Capital at age 24, with initial seed money of $5 million from Joel Cutler and General Catalyst. |
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