Thrive Capital
Thrive Capital is a New York City based growth equity manager founded in 2011 by Josh Kushner.
- Pillar
- Private investments
- Theme
- Digital transition
- Status
- Current investment
- Geography
- Global, USA
- Invested date
- 2012
Thrive made an early impression with its investment in Instagram in 2012, with Facebook acquiring the company shortly thereafter.
The firm has established a successful track record investing in technology businesses whether at start-up level or in later stages of growth.
It has achieved outsized returns from its incubation programme, generating business concepts in-house and building management teams around them. Its close relationships with these companies allow it to take large stakes in the promising companies of tomorrow through successive equity financings. This has led to strong returns for the funds over time.
1Returns analysis as at 30 June 2024 on capital commitments made to Thrive funds since first RIT commitment in 2012, local currency basis
Source: Company information