VC  Thrive Capital

http://www.thrivecap.com/





     Office Locations:

295 Lafayette Street
New York, NY 10012
Phone: 646-676-5000

 

Stages:

  • Early
  • Seed


 

Industries:

  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    Thrive Capital is a venture capital investment firm focused on media and internet investments. Joshua Kushner is the founder and Managing Partner of Thrive. Since its founding, Thrive has raised more than $400 million from institutional investors, including Princeton University, Wellcome Trust, and Hall Capital. Thrive Capital Partners IV was closed in October of 2014 with $250M. In September 2012, Kushner raised $150 million for Thrive III $150. Previous funds included the $40 million Thrive II, which was raised in late 2011. According to a profile in Forbes, Thrive was one of three firms (joining Sequoia Capital and Greylock Partners) to invest in Instagram's $50 million Series B round at a valuation of $500 million. Forbes wrote that after Instagram sold to Facebook, 'Thrive had doubled its money in 72 hours.' Hot Potato, a social-networking site, was purchased by Facebook in 2010 for $10 million in cash. Group-texting app GroupMe was sold to Skype in 2011 for more than $50 million.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or New York Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Christina White Associate
    Jared Weinstein Partner
    Joshua Kushner Managing Partner
    Kareem Zaki Associate
    Patrick Chun Associate

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      03/28/2018


      Oscar Insurance


      NY


      $165,000,000


      


      03/06/2018


      Justworks


      NY


      $40,000,000


      Series D


      01/04/2018


      Cityblock Health


      NY


      $20,800,000


      Series A


      12/07/2017


      Cedar


      NY


      $13,000,000


      Series A


      11/09/2017


      Welkin Health


      CA


      $8,000,000


      Series A


      10/10/2017


      MapBox


      DC


      $164,000,000


      Series C


      09/21/2017


      Patreon


      CA


      $60,000,000


      Series C


      08/15/2017


      Huddleč


      NY


      $1,200,000


      Seed


      07/13/2017


      Segment


      CA


      $64,000,000


      Series C


      06/19/2017


      ClassPass


      NY


      $70,000,000


      Series C


      05/23/2017


      Long Game


      CA


      $4,000,000


      Seed


      05/02/2017


      Morty


      NY


      $3,000,000


      


     

    Portfolio companies include:


      42Floors
        web link


      Albumatic
        web link


      Artsy
        web link


      Assembly
        web link


      Cedar
        web link


      Cityblock Health
        web link


      ClassPass
        web link


      Compass
        web link


      Dwolla
        web link


      GitHub
        web link


      Greenhouse
        web link


      Harry's
        web link


      Hightower
        web link


      Honest Buildings
        web link


      Huddleč
        web link


      Instacart
        web link


      Into The Gloss
        web link


      JIBE
        web link


      Joyable
        web link


      Justworks
        web link


      Kinnek
        web link


      Lemonade
        web link


      Long Game
        web link


      MapBox
        web link


      Memoir
        web link


      Morty
        web link


      Neverware
        web link


      OpenGov
        web link


      Orchard Platform
        web link


      Oscar Insurance
        web link


      Patreon
        web link


      RelateIQ
        web link


      Segment
        web link


      Spring
        web link


      Stripe
        web link


      Tictail
        web link


      Twitch
        web link


      Unity Technologies
        web link


      Urban Compass
        web link


      Warby Parker
        web link


      Welkin Health
        web link


      Whisper
        web link


      Zola
        web link


     

    Recent News:


      There is no recent news for Thrive Capital.