Thrive
Thrive is a New York-based venture capital firm led by Joshua Kushner, founded in 2007, that invests in technology, healthcare, and growth-stage companies, with notable 2026 investments in AI coding platform Cursor and healthcare-data company Garner Health.
- Company typePublic
- Founded1996
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Thrive does
Thrive is a New York-based venture capital firm, founded in 2007 and led by Joshua Kushner, that invests in technology and growth-stage companies. The firm deploys capital across AI infrastructure, healthcare technology, consumer brands, and non-traditional assets including sports (notably the San Francisco Giants). Visible portfolio activity in 2026 includes co-leading Cursor's $2 billion-plus funding round at an approximately $50 billion pre-money valuation alongside Andreessen Horowitz, Battery Ventures, and Nvidia, and participating in Garner Health's $100 million Series E led by Index Ventures at a $2.74 billion valuation. The firm's underlying business is asset management: it raises capital from limited partners, invests into portfolio companies, and earns revenue through management fees on committed capital and carried interest on fund returns, with a small headcount (11–50) consistent with a lean institutional venture platform.
The source data contains a notable data quality issue: the firmographic block for "Thrive" describes a "web-based money-management application" and lists lendingtree.com as the website, which contradicts the dominant evidence (Joshua Kushner's identity, Cursor and Garner Health investments, New York HQ, 2007 founding) that points to Thrive Capital. A separate LendingTree data block also exists, describing a public loan marketplace entity (LendingTree, LLC, founded 1996, NMLS #1136) with sub-brands including Spring, CompareCards, DepositAccounts, MagnifyMoney, QuoteWizard, and ValuePenguin, plus a December 2025 Square partnership for multi-channel inventory management. The Square partnership and the LendingTree sub-brand portfolio are not attributes of Thrive Capital and have been excluded from the Thrive-specific analysis above. No direct evidence of Thrive's AUM, fund vintage, revenue, or LP composition is disclosed in the input.
Thrive firmographics
Firmographics- Name
- Thrive
- Legal name
- LendingTree, LLC
- Website
- https://lendingtree.com
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Thrive is a New York-based venture capital firm led by Joshua Kushner, founded in 2007, that invests in technology, healthcare, and growth-stage companies, with notable 2026 investments in AI coding platform Cursor and healthcare-data company Garner Health.
- Ownership category
- akta.pro rank
Thrive industry classification
Industry- Product category
- Venture Capital
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Thrive is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Thrive business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Thrive product offering
Product offeringCore offering
Thrive Capital is a venture capital firm that invests capital in technology and growth-stage companies across sectors including AI coding platforms (Cursor), healthcare technology (Garner Health), and consumer-facing brands, with additional investments in sports and entertainment such as the San Francisco Giants.
Differentiator
Problem solved
Functional benefit
Brands
- Spring: Mobile application offering free credit score monitoring, loan tracking, debt management tools, and personalized financial recommendations.
- CompareCards
- DepositAccounts
- MagnifyMoney
- QuoteWizard
- ValuePenguin
Companies that use Thrive
Customer profileIdeal customer profiles1 record
Thrive technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Thrive partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- SquarecoreSquare and Thrive expanded their partnership to improve multi-channel inventory management for retailers. The new integration features unified catalog management, real-time inventory updates, and maintains Square as the system of record. This development aims to help retailers reduce workload and increase accuracy during busy shopping periods, enabling seamless synchronization between Square and Shopify.
Scale indicators1 record
Recent moves4 records
Expansion highlights4 records
Thrive competitors and assessment
Company assessmentDirect peers
- Index Ventures: Led Garner Health's $100M Series E in which Thrive participated. Stage- and sector-comparable growth investor with strong healthcare and enterprise software exposure.
- Sequoia Capital: Co-invested with Thrive in Garner Health's Series E. Generalist growth-equity firm investing across AI, healthcare, and consumer — directly comparable in stage, sector breadth, and check size.
- Redpoint Ventures: Co-invested with Thrive in Garner Health's Series E. Multi-stage investor with overlapping healthcare and consumer software mandates, similar fund sizing.
- Founders Fund: Co-invested with Thrive in Garner Health's Series E. Late-stage technology investor with overlapping AI and frontier-tech focus, similar in stage and breadth of mandate.
- Battery Ventures: Co-invested with Thrive in Cursor's $2B+ round. Growth and late-stage technology investor with comparable stage preference and enterprise/AI focus.
- Andreessen Horowitz: Co-led Cursor's $2B+ round alongside Thrive at a ~$50B pre-money. Same generalist, growth-stage mandate targeting AI and frontier tech, with overlapping investor networks (Battery, Nvidia) — the most direct co-investment comparable to Thrive.
- Kleiner Perkins: Co-invested with Thrive in Garner Health's Series E. Multi-stage, multi-sector growth firm with deep healthcare/fintech track records — broadly comparable mandate and check sizing.
- Greenoaks Capital: Late-stage, concentrated growth investor with comparable check sizes in marquee AI and technology rounds. Closely comparable in stage and concentration style, serving similar oversubscribed rounds.
Broad incumbents
- General Catalyst: Larger multi-stage platform with broad sector exposure including healthcare and AI. Comparable in scale and stage, but with a deeper operating/incubation apparatus.
- Accel: Long-standing multi-stage venture firm with overlapping sector mandates (AI, consumer, fintech). Comparable stage and check sizes, though typically earlier tilt than Thrive's growth deals.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights4 records
Customer concentration
Thrive social profiles
Digital presenceThrive financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thrive leadership team
Management profileNumber of profiles
Profiles1 record
Thrive funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thrive M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Thrive
What does Thrive do?
Thrive Capital is a venture capital firm that invests capital in technology and growth-stage companies across sectors including AI coding platforms (Cursor), healthcare technology (Garner Health), and consumer-facing brands, with additional investments in sports and entertainment such as the San Francisco Giants.
Is Thrive a public or private company?
Thrive is a public company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Thrive founded?
Thrive was founded in 1996. It employs 11 to 50 people.
Where is Thrive based?
Thrive is headquartered in New York, United States, in the North America region.
Who are Thrive's main competitors?
Direct peers on record are Index Ventures, Sequoia Capital, Redpoint Ventures, Founders Fund, Battery Ventures, Andreessen Horowitz, Kleiner Perkins and Greenoaks Capital. Broad incumbents are General Catalyst and Accel.
Does Thrive have an API?
No public API is recorded for Thrive.
What industry is Thrive in?
Thrive's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 5259 and its SIC code is 6799.