# Thrive Capital: portfolio, investments and team

> Thrive Capital is an accelerator based in United States. 101 investments on record, 15 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/thrive-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Thrive Capital

Last cheque observed Sep 2026; 101 cheques on record.

Email

Accelerator Deploying now New fund $7.4M, Sept 2026 Website unconfirmed

Seed Series A Series B SaaS Collaboration Tools Productivity Tools

Follow Thrive Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fthrive-capital)

Deploying now

**83%** of best year **15** **cheques in 12 months**, 101 on record

Since the last cheque **58** days **00** hrs **00** min **00** sec

Median round **$123M** Cheque size, as they say **$500K – $25M** Rounds led **14 of 101** Sole investor **3 rounds** Exits **15 from the portfolio** Mostly in **United States, 93%**

Pitch Thrive Capital

## Thrive Capital highlights

- 01 15 cheques in the last 12 months
- 02 Mostly Series A and Seed: 50% of its rounds
- 03 Sole investor in 3 rounds, median $4.7M
- 04 15 exits from the portfolio

## What they do

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** $500K – $25M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** SaaS Collaboration Tools Productivity Tools
- **Based in:** New York, United States
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=thrive-capital).

## The record

Every round we can evidence, newest first **101 appearances**

- **2026** 12 rounds
- **Sept** **[Forus](https://millionrounds.com/company/forus)** Series C · US · TechStartups **$150M** With 9 others
- **Aug** **[Retro](https://millionrounds.com/company/retro)** Series A · US · TechCrunch **$21M** *Led*
- **Aug** **[Base Power](https://millionrounds.com/company/base-power)** Series D · US · TechCrunch **$1.0B** With 14 others
- **Jul** **[Ellis AI](https://millionrounds.com/company/ellis-ai)** Seed · US · TechCrunch **$10M** With 7 others
- **Jun** **[Cadence](https://millionrounds.com/company/cadence)** Series C · US · Ventureburn **$100M** With 7 others
- **Jun** **[Helion](https://millionrounds.com/company/helion)** Growth · US · TechCrunch **$465M** *Led*
- **May** **[Forus](https://millionrounds.com/company/forus)** Series B · US · Ventureburn **$123M** With 7 others
- **May** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · TechCrunch **$750M** With 24 others
- **Apr** **[Cursor](https://millionrounds.com/company/cursor)** Growth · US · TechCrunch **$2.0B** *Led*
- **Mar** **[Physical Intelligence](https://millionrounds.com/company/physical-intelligence)** US · TechCrunch **$1.0B** With 3 others
- **Mar** **[Anduril](https://millionrounds.com/company/anduril)** US · TechCrunch **Undisclosed** *Led*
- **Mar** **[OpenAI](https://millionrounds.com/company/openai)** Growth · US · Crunchbase News **$110B** With 12 others
- **2025** 16 rounds
- **Dec** **[Databricks](https://millionrounds.com/company/databricks)** Growth · US · Crunchbase News **$5.0B** With 25 others
- **Nov** **[Ramp](https://millionrounds.com/company/ramp)** US · Crunchbase News **$300M** With 25 others
- **Nov** **[Cursor](https://millionrounds.com/company/cursor)** Growth · US · Crunchbase News **$2.3B** With 6 others
- **Oct** **[OpenEvidence](https://millionrounds.com/company/openevidence)** Growth · US · TechCrunch **$200M** With 7 others
- **Aug** **[Databricks](https://millionrounds.com/company/databricks)** Growth · US · Crunchbase News **$1.0B** *Led*
- **Aug** **[OpenAI](https://millionrounds.com/company/openai)** US · TechCrunch **$8.3B** With 12 others
- **Jun** **[Ramp](https://millionrounds.com/company/ramp)** Series E · US · Crunchbase News **$200M** With 13 others
- **Jun** **[Console](https://millionrounds.com/company/console)** Seed · US · TechCrunch **$6.2M** *Led*
- **May** **[Anysphere](https://millionrounds.com/company/anysphere)** Growth · US · Crunchbase News **$900M** *Led*
- **May** **[Rogo](https://millionrounds.com/company/rogo)** Series B · US · AlleyWatch **$50M** With 6 others
- **Apr** **[Base Power](https://millionrounds.com/company/base-power)** Series B · US · Crunchbase News **$200M** With 7 others
- **Mar** **[Isomorphic Labs](https://millionrounds.com/company/isomorphic-labs)** Growth · GB · Crunchbase News **$600M** *Led*
- **Mar** **[Anysphere](https://millionrounds.com/company/anysphere)** US · TechStartups **Undisclosed** *Led*
- **Mar** **[Ramp](https://millionrounds.com/company/ramp)** US · TechCrunch **$150M** With 10 others
- **Feb** **[OpenAI](https://millionrounds.com/company/openai)** Growth · US · Crunchbase News **$40B** With 6 others
- **Jan** **[Parafin](https://millionrounds.com/company/parafin)** Series C · US · AlleyWatch **$100M** With 6 others
- **2024** 6 rounds
- **Dec** **[Anysphere](https://millionrounds.com/company/anysphere)** Series B · US · TechCrunch **$100M** *Led*
- **Dec** **[Databricks](https://millionrounds.com/company/databricks)** Growth · US · Crunchbase News **$10B** *Led*
- **Nov** **[Physical Intelligence](https://millionrounds.com/company/physical-intelligence)** US · Crunchbase News **$400M** *Led*
- **Oct** **[Sierra](https://millionrounds.com/company/sierra)** US · TechCrunch **$175M** With 2 others
- **Oct** **[Unify](https://millionrounds.com/company/unify)** Series A · US · TechCrunch **$12M** *Led*
- **Oct** **[OpenAI](https://millionrounds.com/company/openai)** US · Crunchbase News **$10M** *Led*
- **2019** 5 rounds
- **Jun** **[Monzo](https://millionrounds.com/company/monzo)** Series F · GB · FinSMEs **$143M** With 8 others
- **May** **[Carta](https://millionrounds.com/company/carta)** Series E · US · FinSMEs **$300M** With 7 others
- **Apr** **[Lattice](https://millionrounds.com/company/lattice)** US · FinSMEs **$15M** With 3 others
- **Mar** **[Glossier](https://millionrounds.com/company/glossier)** Series D · US · TechCrunch **$100M** With 6 others
- **Feb** **[Raisin](https://millionrounds.com/company/raisin)** Series D · DE · TechCrunch **$114M** With 3 others
- **2018** 10 rounds
- **Oct** **[Imbellus](https://millionrounds.com/company/imbellus)** Series A · US · FinSMEs **$15M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

AB **Ashwin Budhiraja** Chief Financial Officer i Form ADV

JK **Jared Kushner** Member of the General Partner of the Isuuer i Filing they signed

JW **Jared Weinstein** Chief Operating Officer of the General Partner. i Filing they signed

JF **Jed Fredric Feldman** Chief Legal Officer and Chief People Officer i Form ADV

JF **Jody Flaws** Manager of the Issuer's Managing Member i Filing they signed

JK **Joshua Kushner** Managing Partner and Member of the General Partner of the Isuuer i Filing they signed

MG **Marian Grace Fowler** Chief Compliance Officer and General Counsel i Form ADV

NN **Nitin Nohria** Executive Chairman and Partner i Form ADV

RR **Richard Ruffer** Manager of the Issuer's Managing Member i Filing they signed

SH **Scott Huff** Manager of the Issuer's Managing Member i Filing they signed

TJ **Timothy J. Krueger** PRESIDENT OF THRIVE CAPITAL PARTNERS, INC., GENERAL PARTNER i Filing they signed

We also hold **25** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$50B** assets it manages Oct 2026

**5+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Thrive Capital Management, LLC
- **SEC number:** CRD 162771

Funds on its Form ADV

**34** private funds, **$16B** in gross assets · filed Mar 2024

- Thrive Capital Partners VIII Growth, L.P. *Venture* 276 investors $3.2B
- Thrive Capital Partners VII Growth, L.P. *Venture* 129 investors $1.9B
- Thrive Capital Partners V, L.P. *Venture* 70 investors $1.8B
- Thrive Capital Partners IV, L.P. *Venture* 55 investors $1.4B
- Thrive Capital Partners VI Growth, L.P. *Venture* 87 investors $1.4B
- Thrive Capital Partners VI, L.P. *Venture* 87 investors $1.0B
- Thrive Capital Partners VIII Growth-B, LLC *Venture* 46 investors $962M
- Thrive Capital Partners IV Supplemental, L.P. *Venture* 55 investors $750M
- Thrive Capital Partners III, L.P. *Venture* 40 investors $685M
- Thrive Capital Partners VIII Growth, LLC *Venture* 2 investors $652M

And 24 more on the filing.

Who backs their funds

## 1 LP on record in Thrive Capital's funds

- **Committed:** $300M
- **Funds:** 1
- **Vintages:** 2023

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**California Public Employees' Retirement System (CalPERS)** 1 fund *$300M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Thrive Capital Partners VIII Growth 2023 $300M

## Exits from the portfolio

Companies it backed that were later bought or listed **15 in all**

**[Neverware](https://millionrounds.com/company/neverware)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Dec 2020

**[Dispatch](https://millionrounds.com/company/dispatch)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **Undisclosed** Nov 2017

**[SHIFT](https://millionrounds.com/company/shift)** Bought by Brand Networks **$50M** May 2015

**[Fab](https://millionrounds.com/company/fab)** Bought by [PCH International](https://millionrounds.com/fund/pch-international) **$15M** Mar 2015

**[Twitch](https://millionrounds.com/company/twitch)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$970M** Aug 2014

**[OnSwipe](https://millionrounds.com/company/onswipe)** Bought by Beanstock Media **Undisclosed** Aug 2014

**[Twitch](https://millionrounds.com/company/twitch)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **$1.0B** May 2014

**[Simple](https://millionrounds.com/company/simple)** Bought by [Banco Bilbao Vizcaya Argentaria](https://millionrounds.com/fund/banco-bilbao-vizcaya-argentaria) **$117M** Feb 2014

**[Tutorspree](https://millionrounds.com/company/tutorspree)** Bought by WyzAnt.com **Undisclosed** Jan 2014

**[Dispatch](https://millionrounds.com/company/dispatch)** Bought by Meetup **Undisclosed** Oct 2013

**[Cue](https://millionrounds.com/company/cue)** Bought by [Apple](https://millionrounds.com/fund/apple) **$50M** Oct 2013

**[Giftly](https://millionrounds.com/company/giftly)** Bought by GiftCards.com **Undisclosed** May 2013

**[Hyperpublic](https://millionrounds.com/company/hyperpublic)** Bought by [Groupon](https://millionrounds.com/fund/groupon) **Undisclosed** Feb 2012

**[GroupMe](https://millionrounds.com/company/groupme)** Bought by [Skype](https://millionrounds.com/fund/skype) **Undisclosed** Aug 2011

**[Hot Potato](https://millionrounds.com/company/hot-potato)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$10M** Jul 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$7.4M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$123M** the round, not its cheque Alone, median **$4.7M**

Led 14 of 101 rounds **14%**

- **Said size:** $500K – $25M
- **Sole investor:** 3 rounds
- **Last cheque:** Sept 2026
- **Exits:** 15 from the portfolio

Rounds by stage said on their site

- Series A said *20*
- Seed said *14*
- Series C *13*
- Growth said *12*
- Series B said *9*
- Pre-IPO said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [SV Angel](https://millionrounds.com/fund/sv-angel) 19
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 17
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 16
- [BoxGroup](https://millionrounds.com/fund/boxgroup) 14
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 14
- [Lerer Ventures](https://millionrounds.com/fund/lerer-ventures) 13

**Pitching Thrive Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Thrive Capital. A count of rooms they were both in, not a relationship either has claimed.

[**SV Angel** VC firm **19** rounds together](https://millionrounds.com/fund/sv-angel)[**Andreessen Horowitz** VC firm **17** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**General Catalyst** VC firm **16** rounds together](https://millionrounds.com/fund/general-catalyst)[**BoxGroup** VC firm **14** rounds together](https://millionrounds.com/fund/boxgroup)[**Khosla Ventures** VC firm **14** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Lerer Ventures** VC firm **13** rounds together](https://millionrounds.com/fund/lerer-ventures)[**Founders Fund** VC firm **12** rounds together](https://millionrounds.com/fund/founders-fund)[**Coatue** VC firm **9** rounds together](https://millionrounds.com/fund/coatue-management)[**Lightspeed Venture Partners** VC firm **9** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Founder Collective** VC firm **8** rounds together](https://millionrounds.com/fund/founder-collective)[**Sequoia Capital** VC firm **8** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Betaworks** VC firm **7** rounds together](https://millionrounds.com/fund/betaworks)

## Recently backed

The latest companies Thrive Capital put money into.

[**Forus** $150M · Sept 2026](https://millionrounds.com/company/forus)[**Ramp** $750M · May 2026](https://millionrounds.com/company/ramp)[**Cursor** $2.0B · Apr 2026](https://millionrounds.com/company/cursor)[**OpenAI** $110B · Mar 2026](https://millionrounds.com/company/openai)[**Databricks** $5.0B · Dec 2025](https://millionrounds.com/company/databricks)[**OpenEvidence** $200M · Oct 2025](https://millionrounds.com/company/openevidence)

## Quick answers about Thrive Capital

### What does Thrive Capital invest in?

Thrive Capital invests most often at Series A and Seed (50% of the rounds on record), in sectors such as SaaS, Collaboration Tools and Productivity Tools.

### How active is Thrive Capital?

101 investments on record, 15 of them in the last 12 months, and it led 14. The most recent was in Sept 2026.

### What has Thrive Capital invested in recently?

Its most recent investments on record: Forus (Series C, Sept 2026), Retro (Series A, Aug 2026) and Base Power (Series D, Aug 2026).

### How big are Thrive Capital's cheques?

The median round it joins is $123M. It says it writes cheques of $500K to $25M.

### Does Thrive Capital lead rounds?

Sometimes: it led 14 of its 101 investments on record (14%).

### Where does Thrive Capital invest?

Most of the companies it backs are in the United States (93%) and the United Kingdom (5%).

### Is Thrive Capital investing now?

Yes: it is actively investing, with 15 investments in the last 12 months.

### Who does Thrive Capital invest alongside?

Most often SV Angel (19 rounds together), Andreessen Horowitz (17 rounds together) and General Catalyst (16 rounds together).

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