Thrive Capital, founded in 2009 and based in New York today announced that it has raised $700 million for its fifth fund.
Excerpts from Thrive Capital Medium blog post :
We are pleased to announce Thrive V, a $700MM fund to support transformative businesses at all investment stages.
Just as we have across our first four funds, with this new fund we plan to incubate businesses (e.g. Cadre, Maple, Oscar), partner early from Series Seed to Series B with entrepreneurs whose visions we share (e.g. Harry’s, Instagram, Justworks, Segment, Warby Parker) and lead and participate in growth rounds for category defining companies (e.g. GitHub, Slack, Stripe, Twitch, Unity).
Our reach is broad, but our goal is focused: to build or invest in what we believe to be the most transformative businesses of the next decades. To achieve this, we are focused on opportunities rather than a prescribed investment stage, sector or geography.
Thrive Capital Recent Investments [ Venture Pulse Data ]
|Date||Company Name||Funding Amount||Funding Round|
|Jul, 2016||Unity Technologies||$181M||Series C|
|Apr, 2016||Slack||$200M||Series F|
|Mar, 2016||Juicero||$70M||Series B|
|Mar, 2016||AND CO||$2M||Seed|
|Mar, 2016||Justworks||$33M||Series C|
|Jan, 2016||Patreon||$30M||Series B|