Thrive Capital

Quick read

Thrive Capital is a multi-stage venture firm founded in 2010 by Joshua Kushner, headquartered in New York, NY. It manages over $50 billion in assets and closed its largest-ever fund — Thrive X — at $10 billion in February 2026, nearly double its prior raise. The firm backs a small number of high-conviction bets across early and growth stages, with flagship positions in OpenAI, Stripe, SpaceX, Databricks, and Anduril.

Key facts

Founded

2010

Founders

Joshua Kushner

Employees

50-200

Sectors

generalist, ai, consumer, fintech

Website

www.thrivecap.com

Investment thesis

Thrive commits deeply to a small number of founders building category-defining internet, software, and technology-enabled companies, investing across early and growth stages with a long-term, high-conviction approach. The firm concentrates capital rather than diversifying broadly, aiming to stay close to founders from inception through scaled growth.

Recent activity

• Apr 2026investment
  Launched Thrive Eternal, a permanent capital subsidiary focused on long-term cultural assets, with its first deal being a minority stake in the San Francisco Giants (subject to MLB approval). forbes.com
• Apr 2026leadership
  Bob Iger, former Disney CEO, rejoined Thrive Capital as an adviser following his departure from Disney, focusing on technology and media in the AI era. variety.com
• Apr 2026investment
  Invested in Mesh Optical's Series A round. f4.fund
• Mar 2026fundraise
  Thrive Holdings, the firm's permanent capital vehicle for acquiring traditional services businesses, entered talks to raise at least $2 billion. bloomberg.com
• Feb 2026fundraise
  Closed Thrive X, a $10 billion fund — the firm's largest ever — split between a $9 billion growth-stage vehicle and a $1 billion early-stage fund. The raise was heavily oversubscribed. techcrunch.com
• Dec 2025investment
  OpenAI took a stake in Thrive Holdings in a circular deal, with the AI company becoming an investor in Kushner's permanent capital vehicle. ft.com
• Aug 2024fundraise
  Raised over $5 billion for Thrive IX, then its largest-ever fund set, split between a $4 billion late-stage fund and a $1 billion early-stage vehicle. en.wikipedia.org

Notable investments

• San Francisco GiantsMinority stakeApr 2026forbes.com
• Mesh OpticalSeries AApr 2026f4.fund
• Base PowerSeries B2025linkedin.com
• OpenAIGrowth2023techcrunch.com
• StripeGrowthMar 2023en.wikipedia.org
• CursorGrowth2024bloomberg.com
• DatabricksGrowth2024bloomberg.com
• AndurilGrowth2024bloomberg.com
• A24Growth2024forbes.com
• SpaceXGrowth2022techcrunch.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Joshua Kushner · Founder & Managing Partner
  LinkedIn
• Kareem Zaki · Partner
• Nabil Mallick · Partner
  LinkedIn
• Nworah Ayogu · Partner
• Vince Hankes · Investor
  LinkedIn
• Avery Klemmer · Investor
  LinkedIn
• Bob Iger · Adviser
• Jared Weinstein · Partner
• Gaurav Ahuja · Partner
  Brief →

Sources

• Billionaire Josh Kushner's Thrive Invests in San Francisco Giants—Its First Sports Bet
• Thrive raises $10B for new fund, its largest yet
• Josh Kushner's Thrive Capital Raises $10 Billion in New Funding
• Kushner's Thrive Holdings in Talks to Raise at Least $2 Billion
• Thrive Capital - Wikipedia
• Bob Iger Tapped as Adviser to Thrive Capital
• Kushner's Thrive Bets on San Francisco Giants With New Company
• Thrive Capital | Financial Times

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Frequently asked