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Thrive Capital

NYC growth-stage VC; Anduril investor since Series E, co-led Series H.

Thrive Capital is a New York growth-stage venture capital firm founded by Joshua Kushner in 2009/2010, with total AUM exceeding $50B across its fund vehicles as of 2026 (Thrive X alone closed above $10B). The firm favors concentrated, long-term partnerships with a small number of category-defining companies rather than broad diversification. It participated in Anduril's $1.48B Series E (Dec 2022) and co-led Anduril's $5B Series H (May 2026) at a $61B valuation alongside Andreessen Horowitz.

Overview

Firm
Thrive Capital
Headquarters
New York, New York, USA
Founded
2009
AUM
~$50B+ total (Thrive X closed at $10B+, 2026)
Stages
Growth, Late Stage
Thesis
Concentrated, long-term partnerships with a small number of category-defining companies rather than broad diversification

Portfolio companies1

Partners0

No linked records yet.

Frequently asked

What is Thrive Capital?
Concentrated, long-term partnerships with a small number of category-defining companies rather than broad diversification
How much does Thrive Capital manage?
Thrive Capital manages ~$50B+ total (Thrive X closed at $10B+, 2026) in assets, and was founded in 2009.
What stages does Thrive Capital invest at?
Thrive Capital invests at Growth, Late Stage.

Tags

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Founded by Joshua Kushner in 2009/2010, headquartered in New York City; total AUM exceeding $50B across its fund vehicles as of 2026

    Wikipedia: Thrive Capital
    Reported2026-07-20
  2. 2

    Participated in Anduril's $1.48B Series E (Dec 2022) and co-led the $5B Series H (May 2026) at a $61B valuation alongside Andreessen Horowitz

    TechCrunch: Anduril raises $5B, doubles valuation to $61B
    Verified2026-05-13