Thrive Holdings raises $2B at $12B valuation

Thrive Holdings raises $2B at $12B valuation

N
News Editor
2026-08-12 13:12:55
Thrive Holdings, an AI investment platform, has completed a $2 billion funding round, valuing the company at $12 billion, according to the company's announcement as reported by ChainCatcher. SoftBank, D1 Capital Partners and Altimeter Capital, among others, participated in the round. Thrive Holdings was founded in 2025 by Joshua Kushner, the founder of Thrive Capital. The company positions itself differently from traditional investment firms: it will not make direct investments in AI large-model research companies. Instead, it acquires traditional service enterprises and embeds AI technology into their business processes, aiming to improve efficiency. The firm's stated goal is to build platforms and products that bring frontier artificial intelligence into critical industries relied on by millions of businesses and individuals every day. Before this round, Thrive Holdings had already received roughly $1 billion in initial funding. After the latest capital raise, the company's valuation has reached $12 billion.

Thrive Holdings, an AI investment platform, has completed a $2 billion funding round that values the company at $12 billion. The firm made the announcement in a report cited by ChainCatcher. SoftBank, D1 Capital Partners and Altimeter Capital were among the investors in the round.

Thrive Holdings was founded in 2025 by Joshua Kushner, who also founded Thrive Capital. In a break from traditional investment companies, it does not invest directly in businesses that develop large AI models. Instead, the firm buys traditional service enterprises and integrates AI technology into their workflows, aiming to improve efficiency.

The company says its goal is to build platforms and products that bring frontier AI into critical industries that millions of businesses and individuals rely on daily. Thrive Holdings had previously secured about $1 billion in initial funding.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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