Thrive Capital

Thrive Capital

Industry
Founding Date
2010

Thrive Capital is a leading venture capital firm focused on investing in internet, software, and technology-enabled businesses at critical stages of growth. The firm partners closely with visionary founders to develop breakthrough ideas, build category-defining products, and scale world-class companies. Known for its concentrated investment approach, Thrive Capital takes high-conviction positions and works deeply with portfolio companies, providing long-term strategic support rather than broad, passive exposure. Over the years, Thrive Capital has built a reputation as one of the most influential venture firms in Silicon Valley and the global tech ecosystem, consistently backing transformative companies early in their lifecycle. Its notable investments include Instagram, Slack, GitHub, Spotify, Twitch, Stripe, and OpenAI, underscoring the firm’s ability to identify and support platforms that reshape industries and drive lasting value creation.

ABOUT THRIVE CAPITAL

  • Thrive Capital is a leading venture capital firm known for identifying and backing high-growth, technology-driven companies with the potential to reshape entire industries.

  • Founded by entrepreneur and investor Joshua Kushner, the firm takes a long-term, conviction-led approach to investing, partnering closely with visionary founders to help build enduring, category-defining businesses.

  • Thrive Capital invests across a wide range of sectors where innovation is transforming traditional business models, with a particular focus on internet, software, fintech, healthcare, and AI-enabled platforms.

  • The firm is recognized for its concentrated portfolio strategy, deep founder relationships, and active involvement in company building from early stages through global scale.


SERVICES & INVESTMENT APPROACH

  • Venture Capital Investing – Thrive Capital invests primarily in early-stage and growth-stage technology companies, participating in seed, Series A, and later-stage funding rounds.

  • Founder Partnership & Strategic Guidance – Beyond capital, Thrive works closely with founders and executive teams on product strategy, market positioning, and long-term vision.

  • Growth & Scaling Support – Thrive Capital supports portfolio companies as they grow by offering guidance on organizational design, leadership hiring, and operational discipline.

  • Long-Term Capital & Follow-On Investment – The firm frequently supports companies across multiple funding rounds, providing continuity and stability as startups evolve into global platforms.


NOTABLE INVESTMENTS

  • Instagram – Thrive was an early investor in Instagram prior to its acquisition by Facebook, one of the most successful exits in social media history.

  • Spotify – An early backer of Spotify, which has grown into a global leader in music streaming and digital audio.

  • Oscar Health – A technology-driven health insurance company focused on improving transparency, customer experience, and affordability.

  • Slack – Thrive invested in Slack before it became one of the world’s most widely used enterprise communication platforms and was later acquired by Salesforce.

  • Stripe – An early investor in Stripe, now a cornerstone of global online payments and financial infrastructure.

  • Robinhood – Thrive backed Robinhood early as it transformed retail investing through commission-free trading and mobile-first design.

  • OpenAI – Thrive Capital is among the prominent venture firms supporting OpenAI, a leader in artificial intelligence research and deployment.