Overview
Thrive Capital is a venture capital firm headquartered in New York City at the Puck Building[3]. The firm builds and invests in internet, software, and technology-enabled companies[2]. It has been identified as a New York-based firm in a directory of top AI investors[1].
The firm has made significant investments in artificial intelligence companies. In 2022, Thrive Capital invested $130 million in OpenAI at a $29 billion valuation[4]. The firm backs AI companies including Physical Intelligence and Anysphere[4]. More information about the firm is available at https://www.thrivecap.com/[5].
Org chart
Investments
Ramp
Corporate card and spend-management platform that uses AI agents to automate expense reporting, bill pay, procurement and accounting close.
Rogo
New York AI platform for financial institutions whose agents build Excel models, investment memos, diligence and slide decks
Nourish
Telehealth platform connecting chronic-condition patients with insurance-covered registered dietitians
Fora
A travel platform that enables independent travel advisors to build and run businesses through AI-powered technology and training tools
Modern Life
New York City-headquartered AI-powered life insurance brokerage platform that gives advisors accelerated underwriting, digital applications and AI-assisted case management.
Forus
An AI-powered network that connects doctors, pharmacies, payers, and biopharma to help patients access prescribed therapies
Savvy Wealth
AI-native wealth management platform giving independent financial advisors software for operations, compliance, marketing and client engagement.
Cadence
A clinical AI platform that automates chronic care management for older adults at health systems
Pace
New York-based AI-native company building AI agents that run end-to-end insurance operations for insurers and brokers, covering submission intake, policy servicing and claims workflows.
Cadence Solutions
New York City-based clinical AI platform that automates remote patient monitoring and chronic care management for health systems.
In the news
- Reposted Joshua Kushner
- The AlleyWatch Startup Daily Funding Report: 9/24/2026The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/24/2026 featuring funding details for Rightway, HIFI, and much more.
- it takes sand, fire, patience, and skill to make glass. it takes a second to shatter it.
- How Fortell is using AI (and $163M) to crack a hearing aid monopoly“Why do I have to beg my grandparents to put on their hearing aids, but no one has ever needed to ask me to put on my glasses?” That’s the question that drove Matthew de Jonge to spend six years building Fortell, an AI hearing aid startup that recently raised $163 million from the likes of Founders Fund, Thrive Capital, and Valor Equity […]
- Why Thrive, Founders Fund, and Antonio Gracias are betting on hearing aids“Why do I have to beg my grandparents to put on their hearing aids, but no one has ever needed to ask me to put on my glasses?” That’s the question that drove Matthew de Jonge to spend six years building Fortell, an AI hearing aid startup that recently raised $163 million from the likes of Founders Fund, Thrive Capital, and Valor Equity […]
- Thrive Capital led VCs into pro sports ownership; Collaborative Fund just upped that playCollaborative Fund just bought into D.C. United and its stadium, with firm founder Craig Shapiro pitching it as a way to showcase for the firm's startups.
- The AlleyWatch Startup Daily Funding Report: 9/9/2026The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/9/2026 featuring funding details for Rightway Healthcare, Clay, and much more.
- The August 2026 New York Venture Capital Funding ReportNYC's summer slowdown arrived on schedule in August — 34 rounds, $837.9M, the lightest deal month of 2026. But the bigger number is $19.09B: what NYC startups have raised through the first eight months of the year, already past the full-year 2025 total of $19.01B with four months still to go. Average deal size climbed 26% year over year to $24.6M. The calendar compressed. The city did not.
Alumni 2 went on to found or lead
- PRyan PripsteinInvestor & Head of Research→Founder & Board Member at Modern Life
Ruchita PoddarPortfolio Impact Team→Head of Global Enterprise Partnerships, Amazon Creators at Amazon
NYC headquarters
- The company's own site places it in New York: Website explicitly lists 'New York, New York' as the company location.[9]
AI investing
- Invested $130 million in OpenAI at a $29 billion valuation in 2022, and backs AI companies including Physical Intelligence and Anysphere[2]
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