Thrive Capital | Activity | F4

Thrive Capital Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

Investment

Thrive Capital participated in Abby Care's $82M Series C round alongside Transformation Capital, Khosla Ventures, Sequoia Capital, and Pivotal Ventures.

Abby Care

Abby Care Thrive Capital

tracxn.comOCT 16, 2026

OCT 16, 2026

Investment

Thrive Capital participated in Ramp's Series G round alongside Dragoneer Investment Group, Founders Fund, and others. Ramp is now valued at $60B.

Ramp

RampThrive Capital

tracxn.comOCT 10, 2026

OCT 10, 2026

Milestone

In its first-ever investor letter, Thrive Capital disclosed $60B in AUM, 41% gross IRR and 33% net IRR across all funds, and over $1B returned to LPs in the last 12 months.

Thrive Capital

Thrive CapitalThrive Capital

techcrunch.comAUG 14, 2026

AUG 14, 2026

Exit

Cursor (Anysphere), a Thrive Capital portfolio company, was acquired by SpaceX. Thrive had a sizeable stake in Cursor.

Cursor

Cursor Thrive Capital

techcrunch.comAUG 14, 2026

AUG 14, 2026

Essay

Joshua Kushner published Thrive Capital's first-ever investor letter, revealing $60B AUM, 41% gross IRR, and a concentrated investment philosophy. He cautioned against AI euphoria in Silicon Valley, arguing for disciplined, concentrated bets rather than spray-and-pray investing.

Thrive Capital

Thrive CapitalThrive Capital

techcrunch.comAUG 14, 2026

AUG 14, 2026

3 investments· MAY 2026 – AUG 2026Show all

Investment

Thrive Capital participated in Databricks' $5B funding round at a $190B valuation alongside Ontario Teachers', Franklin Templeton, Fidelity, and others.

Databricks

Databricks Thrive Capital

qz.comAUG 13, 2026

AUG 13, 2026

Investment

Co-led Pace's $46M Series B alongside Sequoia Capital; Pace deploys AI agents for insurance back-office operations.

Pace

Pace Thrive Capital

fintech.globalMAY 2026

MAY 2026

Investment

Co-led Anduril's $5B Series H at a $61B valuation alongside Andreessen Horowitz, doubling the defense tech firm's valuation.

Anduril

Anduril Thrive Capital

techcrunch.comMAY 2026

MAY 2026

Team Change

Bob Iger, former Disney CEO, rejoins Thrive Capital as an advisor to leverage his technology and creativity expertise in the AI era.

Bob Iger rejoins as advisor

Thrive Capital

hollywoodreporter.comAPR 2026

APR 2026

Investment

Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December 2025, a separate deal from OpenAI's $100B+ funding round. Thrive is expected to also participate in the current round.

OpenAI

OpenAI Thrive Capital

cnbc.comFEB 25, 2026

FEB 25, 2026

New Fund

Thrive Capital raised $10 billion for Fund X, its largest fund ever and nearly double the size of its last fund. The fund includes a $1 billion early-stage vehicle.

Thrive Capital

Thrive CapitalThrive Capital

techcrunch.comFEB 17, 2026

FEB 17, 2026

New Fund

Thrive Capital closed Thrive X, its 10th and largest-ever fund at $10B — structured as $1B early-stage and $9B growth-stage, nearly double the prior fund.

Thrive X ($10B)

Thrive Capital

techcrunch.comFEB 2026

FEB 2026

Investment

Invested in Mesh Optical's Series A round.

Mesh Optical

Mesh OpticalThrive Capital

tracxn.comFEB 2026

FEB 2026

Investment

Invested in Revel's Series B round.

Revel

Revel Thrive Capital

tracxn.comFEB 2026

FEB 2026

Page 1 of 2