thrive capital

Thrive Capital has closed its fifth fund with $700 million in capital commitments

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. CadreMapleOscar), partner early from Series Seed to Series B with entrepreneurs whose visions we share (e.g. Harry’sInstagramJustworksSegmentWarby Parker) and lead and participate in growth rounds for category defining companies (e.g. GitHubSlackStripeTwitchUnity).

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 ]

DateCompany NameFunding AmountFunding Round
Jul, 2016Unity Technologies$181MSeries C
May, 2016Lattice$2.8M Seed
Apr, 2016Slack$200MSeries F
Mar, 2016Juicero$70M Series B
Mar, 2016AND CO$2M Seed
Mar, 2016Justworks$33M Series C
Jan, 2016Patreon$30M Series B