Venture capital firm

Thrive Capital portfolio
thrivecap.comThrive Capital is a venture capital firm based in New York, United States, founded in 2010. It has invested in 130 venture-backed companies across 240 funding rounds on VCMC, and led 72 of those rounds. 32 of them were in the last 12 months.
130
Venture-backed companies
in its portfolio on VCMC
240
Funding rounds
led 72
32
Last 12 months
rounds, Oct 2025 to Sep 2026
72
With a disclosed valuation
of 130 companies
$1.13T
Combined value of its private companies
the whole companies, not what Thrive Capital owns
116 private companies Thrive Capital has backed have a VCMC valuation; together they are worth $1.13T. That is the value of the whole companies, not what Thrive Capital owns. OpenAI is 33% of the total. 14 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Thrive Capital's most valuable portfolio companies
The 10 most valuable private companies Thrive Capital has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 OpenAI Tech Companies, San Francisco $374.6B range $263.0B – $430.9B Led at Growth, 2023
- 2 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Led at Series H+, 2024
- 3 Stripe Payment Processing & Point of Sale, Paris $173.0B range $138.2B – $207.9B Joined at Growth, 2018
- 4 Anduril Aerospace and Defence, Costa Mesa $68.6B range $53.0B – $91.2B Led at Series E, 2022
- 5 Ramp Tech Companies, New York $60.1B range $52.2B – $75.9B Led at Series B, 2021
- 6 Helsing Aerospace and Defence, Munich $19.5B range $15.6B – $27.5B Led at Series E, 2026
- 7 Helion Renewable energy companies, Everett $17.2B range $13.5B – $23.4B Led at Series G, 2026
- 8 Sierra Software Development Services, San Francisco $17.0B range $13.7B – $21.1B Joined at Growth, 2024
- 9 Trade Republic Financial Services, Berlin $16.9B range $12.8B – $20.0B Joined at Series C, 2021
- 10 Isomorphic Labs Biotechnology, London $15.2B range $9.1B – $27.4B Led at Growth, 2025
Portfolio
Full Thrive Capital portfolio (130 companies)
130 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | OpenAI Tech Companies · led at Growth, 2023 | Other Mar 2026 $122.00B | $374.6B | $263.0B – $430.9B | $374.6B (0%) | $33.7B | 0% | 11,490 | growing | A | |
| 2 | Stripe Payment Processing & Point of Sale · since Growth, 2018 | Growth Equity Feb 2026 $159.00B | $173.0B | $138.2B – $207.9B | $180.8B (+4%) | $17.7B | 0% | 16,600 | growing | A | |
| 3 | Databricks Tech Companies · led at Series H+, 2024 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 4 | Anduril Aerospace and Defence · led at Series E, 2022 | Series H May 2026 $5.00B | $68.6B | $53.0B – $91.2B | $79.3B (+16%) | $8.7B | 0% | 9,860 | growing | A | |
| 5 | Ramp Tech Companies · led at Series B, 2021 | Growth Equity Oct 2026 $1.85B | $60.1B | $52.2B – $75.9B | $66.0B (+10%) | $5.9B | 0% | 6,282 | growing | A | |
| 6 | Helsing Aerospace and Defence · led at Series E, 2026 | Series E Jul 2026 $1.80B | $19.5B | $15.6B – $27.5B | $23.9B (+23%) | $2.9B | 0% | 895 | growing | A | |
| 7 | Imprint Financial Services · since Series B, 2023 | Debt Apr 2026 $2.00B | $1.6B | $1.0B – $1.9B | $1.7B (+5%) | $183M | 0% | 300 | growing | B | |
| 8 | Isomorphic Labs Biotechnology · led at Growth, 2025 | Series B May 2026 $2.10B | $15.2B | $9.1B – $27.4B | $19.3B (+27%) | $2.3B | 0% | 432 | growing | B | |
| 9 | Trade Republic Financial Services · since Series C, 2021 | Growth Equity Dec 2025 $1.40B | $16.9B | $12.8B – $20.0B | $17.4B (+3%) | $1.7B | 0% | 1,762 | growing | A | |
| 10 | Base Power Utility companies · since Series B, 2025 | Series D Aug 2026 $1.00B | $13.8B | $11.3B – $19.4B | $16.9B (+23%) | $1.9B | 0% | 486 | growing | A | |
| 11 | Sierra Software Development Services · since Growth, 2024 | Growth Equity May 2026 $950M | $17.0B | $13.7B – $21.1B | $18.3B (+8%) | $1.7B | 0% | 956 | growing | A | |
| 12 | Helion Renewable energy companies · led at Series G, 2026 | Series G Jun 2026 $465M | $17.2B | $13.5B – $23.4B | $20.4B (+18%) | $2.2B | 0% | 589 | growing | A | |
| 13 | Plaid Payment Processing & Point of Sale · since Series D, 2021 | Growth Equity Apr 2025 $575M | $8.5B | $5.7B – $10.2B | $8.1B (-5%) | $832M | 18% | 5,107 | growing | A | |
| 14 | Neuralink Medical Supply Manufacturers · since Series E, 2025 | Series E Jun 2025 $650M | $13.1B | $8.1B – $15.1B | $13.1B (0%) | $1.4B | 0% | 672 | up | B | |
| 15 | Monzo Banks & ATMs · since Series C, 2017 | Series I Dec 2024 $534M | $9.7B | $5.5B – $13.7B | $9.7B (0%) | $1.2B | 0% | 5,631 | growing | B | |
| 16 | Carta Tech Companies · since Series E, 2019 | Series G Aug 2021 $500M | $10.2B | $4.0B – $16.0B | $10.1B (-1%) | $1.5B | 5% | 5,814 | growing | C | |
| 17 | SKIMS Underwear & Lingerie · led at Series A, 2021 | Growth Equity Nov 2025 $225M | $5.7B | $4.3B – $6.7B | $5.8B (+1%) | $521M | 0% | 1,740 | growing | A | |
| 18 | Olive Tech Companies · since Series B, 2015 | Series H Jul 2021 $400M | $3.6B | $348M – $6.0B | $3.5B (-4%) | $572M | 20% | 660 | unknown | D | |
| 19 | Cityblock Health Health Care Services · since Series A, 2018 | Series E Aug 2026 $116M | $1.5B | $953M – $2.7B | $1.8B (+18%) | $207M | 20% | 845 | flat | B | |
| 20 | OpenEvidence Tech Companies · led at Series B, 2025 | Series D Apr 2026 $250M | $14.2B | $10.4B – $18.7B | $16.2B (+15%) | $1.8B | 0% | 140 | growing | A | |
| 21 | NewLimit Biotechnology · since Series C, 2026 | Series C Jun 2026 $435M | $3.5B | $2.7B – $4.9B | $4.2B (+21%) | $464M | 0% | 64 | growing | A | |
| 22 | Honor Home Health Care · led at Series B, 2016 | Debt Oct 2021 $300M | $1.1B | $89.4M – $1.7B | $1.0B (-5%) | $203M | 0% | 1,185 | flat | D | |
| 23 | Dutchie Tech Companies · led at Series B, 2020 | Series D Oct 2021 $350M | $1.5B | $231M – $4.9B | $1.4B (-11%) | $518M | 40% | 468 | flat | D | |
| 24 | Gong Tech Companies · since Series D, 2020 | Series E Jun 2021 $250M | $8.4B | $647M – $13.6B | $8.0B (-5%) | $1.5B | 0% | 2,109 | flat | D | |
| 25 | Capsule Drug Stores & Pharmacies · led at Series B, 2018 | Growth Equity Apr 2021 $300M | $999M | $89.2M – $1.2B | $996M (0%) | $107M | 2% | 838 | flat | D | |
| 26 | Formation Bio Pharmaceutical Products · since Series C, 2021 | Series D Jun 2024 $372M | $6.0B | $1.5B – $8.5B | $4.0B (-34%) | $660M | 0% | 198 | flat | C | |
| 27 | Mapbox Tech Companies · since Series B, 2015 | Series E Sep 2023 $280M | $1.8B | $598M – $2.1B | $1.7B (-4%) | $205M | 0% | 983 | up | C | |
| 28 | Yuga Labs Tech Companies · since Seed, 2022 | Seed Mar 2022 $450M | $6.8B | $844M – $14.9B | $6.2B (-8%) | $3.0B | 38% | 115 | flat | D | |
| 29 | LeafLink Decorators & Interior Designers · led at Series B, 2019 | Series D Feb 2023 $100M | $114M | $70.8M – $288M | $65.5M (-42%) | $59.8M | 97% | 115 | shrinking | C | |
| 30 | Patreon Tech Companies · led at Series A, 2014 | Series F Aug 2021 $155M | $4.3B | $644M – $6.5B | $4.0B (-5%) | $710M | 0% | 1,228 | up | D | |
| 31 | Parafin Financial Services · led at Series A, 2021 | Series C Dec 2024 $100M | $1.1B | $760M – $1.3B | $1.1B (0%) | $120M | 0% | 168 | growing | A | |
| 32 | Tech Companies · since Series B, 2015 | Acquisition Jun 2018 $7.50B | $3.0B acquired 2018 | $573M – $3.5B | – | – | 0% | – | unknown | C | |
| 33 | Tech Companies · led at Seed, 2016 | Series F Jan 2022 $175M | $1.1B | $458M – $4.8B | $1.1B (-3%) | $471M | 72% | 919 | growing | D | |
| 34 | Tech Companies · led at Series B, 2015 | Acquisition Oct 2020 $3.20B | $1.9B acquired 2020 | $977M – $2.2B | – | – | 0% | – | unknown | B | |
| 35 | Tech Companies · since Series B, 2021 | Series B Dec 2021 $150M | $301M | $137M – $1.7B | $300M (0%) | $286M | 97% | 112 | down | D | |
| 36 | Tech Companies · since Series A, 2019 | Series C Feb 2022 $110M | $120M | $71.4M – $376M | $111M (-8%) | $118M | 97% | 41 | shrinking | C | |
| 37 | Credit Reporting Services · since Series B, 2020 | Series D Oct 2025 $35M | $495M | $289M – $758M | $415M (-16%) | $63.8M | 59% | 127 | flat | B | |
| 38 | Tech Companies · since Series A, 2010 | Acquisition Jan 2022 | $440M acquired 2022 | $250M – $506M | – | – | 0% | – | unknown | B | |
| 39 | Wedding Venues · led at Series A, 2013 | Series D May 2018 $100M | $461M | $46.0M – $1.1B | $461M (0%) | $117M | 20% | 228 | flat | D | |
| 40 | Tech Companies · led at Series C, 2026 | Series C May 2026 $60M | $1.2B | $869M – $1.6B | $1.4B (+21%) | $154M | 0% | 140 | growing | B | |
| 41 | Tech Companies · led at Series A, 2021 | Series B Nov 2021 $90M | $104M | $68.2M – $261M | $104M (0%) | $149M | 97% | 28 | shrinking | C | |
| 42 | Tech Companies · since Series C, 2021 | Acquisition Aug 2025 | $1.1B acquired 2025 | $202M – $1.2B | – | – | 0% | 200 | up | C | |
| 43 | Tech Companies · led at Series C, 2015 | Buyout Jan 2021 $500M | $797M acquired 2021 | $171M – $1.1B | – | – | 0% | – | unknown | C | |
| 44 | Tech Companies · since Series C, 2015 | Acquisition Feb 2024 $1.80B | $812M acquired 2024 | $96.3M – $1.2B | – | – | 0% | 740 | up | D | |
| 45 | Art Galleries · led at Series B, 2014 | Series D Jul 2017 $50M | $255M | $22.2M – $316M | $255M (0%) | $39.3M | 0% | 1,038 | flat | D | |
| 46 | Tech Companies · led at Seed, 2023 | Series A Dec 2023 $57M | $96.2M | $52.8M – $244M | $50.4M (-48%) | $57.8M | 97% | 22 | shrinking | C | |
| 47 | Tech Companies · since Series A, 2024 | Series A Feb 2024 $60M | $571M | $89.7M – $1.0B | $443M (-22%) | $93.8M | 14% | 314 | flat | D | |
| 48 | Tech Companies · led at Series A, 2026 | Series B Jun 2026 $40M | $214M | $130M – $392M | $276M (+29%) | $30.4M | 0% | 142 | growing | B | |
| 49 | Children Clothing · since Series A, 2018 | Series B Feb 2021 $30M | $88.1M | $15.7M – $310M | $82.7M (-6%) | $36.7M | 59% | 81 | flat | D | |
| 50 | Tech Companies · led at Series B, 2015 | Series B Sep 2015 $30M | $1.75M | $0 – $1.75M | $1.75M (0%) | – | 100% | 200 | unknown | dead |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Thrive Capital invests: stages, industries and countries
Most of its rounds are Series C and later (50%). Its companies span 47 industries, most in Tech Companies, Payment Processing & Point of Sale and Health Care Services, across 12 countries.
Rounds by stage
- Seed 20
- Series A 46
- Series B 53
- Series C and later 121
Investments by industry
- Tech Companies 56
- Payment Processing & Point of Sale 7
- Health Care Services 6
- Financial Services 4
- Software Development Services 4
- Drug Stores & Pharmacies 3
- Medical Supply Manufacturers 3
- Accounting & Bookkeeping Services 2
Investments by country
- United States 111
- United Kingdom 5
- Germany 4
- Brazil 2
- Australia 1
- Canada 1
Recent rounds
Thrive Capital's latest investments
Thrive Capital's most recent funding rounds, newest first. 32 rounds in the last 12 months.
- Series C $82M 15 Oct 2026
- Ramp Growth, led $1.85B 15 Oct 2026
- Series E $155M 24 Sep 2026
- Series C $100M 9 Sep 2026
- Series A $125M 9 Sep 2026
- Series A, led $21M 28 Aug 2026
- Databricks Growth $5.00B 13 Aug 2026
- Series B $30M 4 Aug 2026
- Base Power Series D $1.00B 3 Aug 2026
- Series D $1.00B 3 Aug 2026
Co-investors
Thrive Capital's top co-investors
The investors that most often join the same rounds as Thrive Capital. Andreessen Horowitz leads, with 49 rounds together.
- Andreessen Horowitz 49 rounds together
- Coatue 35 rounds together
- Founders Fund 34 rounds together
- Index Ventures 32 rounds together
- Sequoia Capital 29 rounds together
- General Catalyst 28 rounds together
- Khosla Ventures 27 rounds together
- Accel 21 rounds together
- Lightspeed Venture Partners 19 rounds together
- GV 19 rounds together
About
About Thrive Capital
Thrive Capital Management, LLC is an American venture capital firm that invests in technology-driven companies, with a focus on software and internet businesses. The company provides investment and business development services to technology startups, software companies, and internet businesses, and also offers strategic guidance and resources to its portfolio companies.
Description from Veridion's company data.
- Founded
- 2010
- Based in
- New York, United States
- Team
- 118 people, +9% in a year
- Type
- Venture capital firm
Focus markets
- Technology
What Thrive Capital offers
- Venture Capital Investment Services
- Technology Sector Investment Services
- Internet Business Investment Services
- Software Company Investment Services
- Technology-Enabled Company Investment Services
- Startup Business Development Services
- Growth-Stage Company Development Services
- Strategic Advisory Services
Questions
Thrive Capital: frequently asked questions
How many companies has Thrive Capital invested in?
130 venture-backed companies on VCMC, across 240 funding rounds.
What are Thrive Capital's most valuable private companies?
OpenAI ($374.6B), Databricks ($193.6B), Stripe ($173.0B), by VCMC's valuation.
What was Thrive Capital's latest investment?
Abby Care, a Series C round in Oct 2026 of $82M.
Which stages does Thrive Capital invest in?
Thrive Capital invests most often at Series C and later (121 rounds), followed by Series B (53) and Series A (46). It has also joined 20 seed rounds.
What is Thrive Capital's portfolio worth?
Its private companies with a VCMC valuation are worth $1.13T together. That is the sum of the companies' values, not what Thrive Capital owns.
Who does Thrive Capital invest alongside?
Andreessen Horowitz (49 rounds), Coatue (35 rounds), Founders Fund (34 rounds).