THRIVE CAPITAL
THRIVE CAPITAL is a Seed, Series A, Series B and Series C+ fund in the US writing $500K–$50M checks into AI, software, internet, life-sciences, space, robotics and defense-tech.
- Stages
- Seed, Series A, Series B, Series C+
- Sectors
- AI, software, internet, life-sciences, space, robotics, defense-tech
- Check size
- $500K–$50M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- $65B
Thesis
With a current AUM of $65 billion as of August 2026, the firm has grown significantly from its initial $5 million seed fund. Thrive Capital's investment thesis centers on backing founders building category-defining companies, regardless of stage, with a strong emphasis on a founder-centric approach, patient capital, and long-term conviction in transformative technologies. Their primary sectors of focus include software, internet, and technology-enabled companies, with a growing interest in artificial intelligence, life sciences, space, robotics, and defense technology. They employ a multi-stage investment strategy, participating in seed, Series A, Series B, Series C, and growth equity rounds. Thrive Capital is known for its high-conviction, concentrated portfolio, making fewer but more substantial investments, and they are active in both leading and following investment rounds. Their check sizes range from $500,000 to over $50 million, with some investments exceeding $1 billion. The firm's largest fund to date, Thrive X (Fund X), closed at over $10 billion in February 2026.
Common questions
Does THRIVE CAPITAL invest at the Seed stage?
Yes. THRIVE CAPITAL lists Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does THRIVE CAPITAL write?
THRIVE CAPITAL writes $500K–$50M checks.
Where does THRIVE CAPITAL invest?
THRIVE CAPITAL invests in the US.