Strategy
Stages
SeedSeries ASeries BGrowth
Sectors
EnterpriseConsumerAIFintech
Geographies
USANew York, NY
Check size
$1M-$100MFunds
2| Fund | Vintage | Size | Strategy | Stage | Status |
|---|---|---|---|---|---|
| New 2026 Fund | 2026 | $10B | Venture / growth | Multi-stage / growth | closed As of Feb 1, 2026TechCrunch |
| Thrive Capital Fund III | 2012 | $150M | — | — | closed As of 2012Value Add VC funds tracker |
Portfolio
7 totalRecent Investment Activity
3| Date | Company | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|
| Aug 28, 2026 | Retro | Series A | $21 million | — | outlined = lead | Pulse story |
| Jan 1, 2026 | OpenEvidence | Series D | $250M | — | outlined = lead | MobiHealthNews |
| Oct 20, 2025 | OpenEvidence | Series C | $200M | — | Google Ventures (GV)Sequoia CapitalKleiner PerkinsBlackstone (Tech Hub)Thrive CapitalCoatue ManagementBondCraft Ventures outlined = lead | TechCrunch |
Sector / Stage Activity
By sector (portfolio)
Fintech
2 · 29%
Defense
1 · 14%
Energy/Grid
1 · 14%
AI infra
1 · 14%
AI / clinical search for physicians
1 · 14%
Consumer
1 · 14%
By stage (tracked rounds)
Series A
1 · 33%
Series D
1 · 33%
Series C
1 · 33%
Co-Investors
12Andreessen Horowitz · 3 sharedFounders Fund · 3 sharedGeneral Catalyst · 3 sharedKhosla Ventures · 3 sharedSequoia Capital · 3 sharedValor Equity Partners · 2 sharedLightspeed Venture Partners · 2 sharedCoatue Management · 2 shared8VC · 1 sharedSands Capital · 1 sharedAddition · 1 sharedJPMorganChase Strategic Investment Group · 1 shared
Latest Pulse
- Sep 2, 2026Palo Alto Networks Pays $500M for ConsolePalo Alto Networks acquired Console, a two-year-old AI agent platform that automates IT help-desk tasks, for about $500 million in cash and stock -- a roughly 3x markup on the $157 million valuation Thrive Capital backed months earlier.→
- Sep 1, 2026Thrive Hires Musk's Lawyer Over a Dead $4.2B FIFA DealJosh Kushner's Thrive Capital retained Alex Spiro of Quinn Emanuel after UEFA moved against FIFA over a scrapped plan in which Thrive would have led a $4.2 billion purchase of 20% of FIFA's commercial arm at a $20 billion valuation.→
- Aug 28, 2026Thrive Backs Retro's $21M Bet Against FeedsRetro, a friends-only photo sharing app built by two former Instagram engineers, raised a $21 million Series A led by Thrive Capital after roughly 7 million downloads and a subscription-only model.→
- Aug 14, 2026Thrive Capital Finds Its Own VC LaneA Newcomer profile describes Thrive Capital settling into three distinct strategies: a $9 billion growth fund, a $1 billion early-stage vehicle, and Thrive Holdings, which buys into AI-transformation bets inside existing companies.→
- Aug 14, 2026Joshua Kushner Is Right About AI's Discipline ProblemThrive Capital's Joshua Kushner used his firm's first-ever investor letter to warn rivals about AI euphoria -- notable, since his own fund just wrote a $2B check into an OpenAI-backed company.→
- Aug 14, 2026Thrive's Joshua Kushner Buys the Lakers for $12.5BThrive Capital founder Joshua Kushner has agreed to buy the Los Angeles Lakers for $12.5 billion, one of the largest sports franchise transactions ever, extending a venture investor's reach deep into professional sports ownership.→
- Aug 12, 2026Thrive Holdings Raises $2B to Buy and Rewire Firms With AIThrive Holdings, the Thrive Capital spinout that acquires services businesses and rebuilds them with AI, raised $2 billion at a $12 billion valuation from SoftBank, D1 Capital and Altimeter, with OpenAI as an equity holder.→
- Jun 26, 2026FTC Clears Musk to Acquire Mesh, the SpaceX-Alumni Optical-Interconnect StartupThe FTC expedited its antitrust review and cleared Elon Musk to acquire Mesh Optical Technologies, a startup founded by three former SpaceX engineers that builds high-speed optical transceivers for data-center communications. Mesh emerged from stealth in February with a $50M Series A led by Thrive Capital; the acquisition slots directly into Musk's push to make his AI data centers faster and more energy-efficient.→
- Jun 25, 2026SpaceX Acquires AI Coding Startup Cursor for $60B in the Year's Largest Startup M&A DealSpaceX, fresh off its record IPO, formalized a $60 billion all-stock acquisition of Anysphere, the company behind the AI coding tool Cursor -- the biggest venture-backed startup M&A deal of 2026. The purchase, exercised from an option SpaceX took in April, hands Elon Musk's rocket maker a foothold in enterprise software development and delivers a generational return to Cursor's backers, including a16z, Thrive and Coatue.→
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- MobiHealthNewsValue Add VC data1 fact
- Value Add VC funds trackerValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.