Thrive VII

Since Thrive’s inception, our team has partnered with visionary entrepreneurs who believe in the power of transformative ideas. To that end, we are proud to announce the close of Thrive VII.

Totaling $2BN, Thrive VII will comprise two funds, with $500MM designated for early stage investments and $1.5BN designated for late stage investments. These new funds will expand our capacity to invest across a variety of stages, sectors and geographies. We are grateful for the continued support of our limited partners over the years.

Thrive manages approximately $9BN in assets across multiple funds. Our strategy since founding has been consistent: remain flexible and agnostic to stage, sector and geography. We co-found businesses, partner with entrepreneurs early in their development, and lead and participate in late stage investments in category-defining companies.

Below is a list of several mature businesses in Thrive’s portfolio. This list represents previous and current partnerships.

Software: Airtable, Benchling, Carta, GitHub, Gong, Greenhouse, Lattice, Mapbox, Scale.ai, Segment, Slack, Unity, Vimeo, VTS

Financial Services: Affirm, Justworks, Lemonade, Monzo, Nubank, Plaid, Robinhood, Stripe

Consumer Platforms: Compass, Instagram, Patreon, Spotify, Twitch

Commerce: Fanatics, Glossier, Harry’s, Hims, Instacart, Jet, Warby Parker, Zola

Healthcare: Capsule, Cedar, Cityblock, Flatiron Health, Headway, Honor, Oscar, Rightway, TrialSpark

It has been an honor to work alongside some of the world’s most inspiring entrepreneurs. We will continue to be heads down and focused on our founders, and look forward to their continued success.

Best,

Thrive