How Much Did thrive-capital Raise? Funding & Key Investors

Date August 24, 2025
T

thrive-capital

COMPANY INFO

Thrive Capital Management, LLC, commonly known as Thrive Capital, is an American venture capital firm founded in 2010 by Joshua Kushner. The company, headquartered in New York City, focuses on software and internet investments and had 64 employees as of 2024. Thrive Capital manages approximately $25 billion in assets and has been an early investor in notable technology companies such as Instagram, GitHub, Spotify, and Twitch. Its website is thrivecap.com and it operates primarily in the venture capital industry.

How Much Did Thrive Capital Management, LLC Raise? Funding & Rounds and Investors

Thrive Capital Management, LLC, commonly known as Thrive Capital, is an American venture capital firm founded in 2010 by Joshua Kushner. Headquartered in New York City, the firm operates within the Venture Capital industry and had 64 employees as of 2024. Thrive Capital focuses primarily on software and internet investments, managing approximately $25 billion in assets. It has earned recognition as an early investor in high-profile technology companies such as Instagram, GitHub, Spotify, and Twitch. Thrive Capital’s offices are located at 295 Lafayette Street in the Puck Building, Soho, Manhattan.

Thrive Capital funding activity showcases a consistent and strategic approach to venture investments. Since its inception, Thrive Capital has raised billions across several funding rounds, with a total of $2 billion raised in its latest funds as of March 2021. The firm began with a $10 million fund in 2009 and steadily increased its size, including a $400 million fourth fund and $9 billion in assets under management. Thrive Capital funding rounds are characterized by investments in both early-stage and later-stage companies, with multiple rounds supporting portfolio company growth and expansion. The company’s funding strategy emphasizes diversification, supporting innovation at different stages of business development, and strengthening its reputation among prominent Thrive Capital investors and limited partners.

Funding Rounds

Series A - Undisclosed - Apr 27, 2023

This Series A round, led by Coca-Cola, supported Thrive Capital’s further development and scaling efforts. The specific amount was undisclosed, but the participation of a significant industry player highlighted the firm's ability to attract strategic partners for ongoing growth.

Series A - $2.5M - Dec 01, 2021

This Series A round, led by Jubilant FoodWorks, provided Thrive Capital with resources aimed at company growth and expansion, reinforcing its commitment to investing in innovation and scaling promising businesses.

Seed - Undisclosed - Nov 18, 2020

In this seed round, led by Ahimsa and Whiteboard Capital, Thrive Capital secured early-stage capital for initial product development and market entry initiatives, further expanding its foundation in the tech investment space.

Seed - $100K - 2020

The $100K seed funding, led by Upekkha, enabled Thrive Capital to support its initial launch and early-stage development activities, setting the stage for future growth and investments.

Key Investors

Joshua Kushner

As the founder of Thrive Capital, Joshua Kushner has played a pivotal role as both principal and influential investor, directing the firm's investment strategies and ushering in new opportunities and partnerships.

Joel Cutler

General partner at General Catalyst, Joel Cutler is a leading Thrive Capital investor with deep expertise in guiding early to late-stage technology companies and providing sector knowledge for investment decisions.

General Catalyst

This leading venture capital firm has been a vital partner and limited partner investor in Thrive Capital funding rounds, backing its vision for pioneering investments in technology ventures.

Princeton University

Princeton University is a major institutional Thrive Capital investor, supporting the firm's mission with significant financial commitments and lending long-term stability to its investment endeavors.

Wellcome Trust

As a prominent global charitable foundation, Wellcome Trust participates as a Thrive Capital investor, bolstering innovative investments that align with social and technological progress.

Peter Thiel

A renowned entrepreneur and investor, Peter Thiel has been an individual Thrive Capital investor. His involvement signifies confidence in the firm's vision and strengthens its investor network.

Petershill Partners

As an alternative asset manager affiliated with Goldman Sachs, Petershill Partners is a Thrive Capital investor that brings institutional strength, capital, and global connectivity to the firm.

Bob Iger

Renowned media executive Bob Iger's presence as a Thrive Capital investor highlights the firm's strong ties to strategic and influential figures across industries.

Mukesh Ambani

Leading Indian business magnate Mukesh Ambani is a key Thrive Capital investor, providing global reach and resources for the firm’s cross-border investment initiatives.

Henry Kravis

Co-founder of KKR & Co., Henry Kravis acts as a significant Thrive Capital investor, supporting the firm’s growth with his expertise in private equity and global finance.

Xavier Niel

French entrepreneur Xavier Niel is another notable Thrive Capital investor, contributing his technological and entrepreneurial experience to the firm’s investment strategies.

Jorge Paulo Lemann

With a background in global investments and entrepreneurship, Jorge Paulo Lemann’s role as a Thrive Capital investor adds further credibility and financial strength to the firm’s capital base.

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