Since Thrive was founded, our team has partnered with visionary entrepreneurs that believe in the critical importance of empowering and developing transformative ideas.
To that end, we are humbled to announce Thrive VI, totaling $1BN. This will expand our capacity to invest in companies across a variety of stages, sectors and geographies through a $400MM fund designated for early stage companies and a $600MM fund for later stage companies.
The new funds will allow us to remain flexible and maintain our stage-agnostic approach: incubating businesses (Oscar, Cadre, Cedar), partnering with entrepreneurs early in their development (Glossier, Warby Parker, Compass) and leading and participating in later stage investments in category-defining companies (Spotify, Instagram, Twitch, GitHub, Slack, Robinhood and Stripe).
It has been an honor to work alongside some of the world’s most inspiring entrepreneurs and we look forward to seeing their continued successes.