COMPANIES · FINANCIAL & INVESTMENT

Thrive Capital

In the AI Economy Index: private

New York venture capital firm led by Josh Kushner that has become one of OpenAI's largest and earliest outside backers, alongside a broader portfolio of internet and software companies.

InfrastructureFinancial & investment
What it does

New York venture capital firm led by Josh Kushner that has become one of OpenAI's largest and earliest outside backers, alongside a broader portfolio of internet and software companies.

Why it matters

Thrive counts OpenAI among its biggest investments; in February 2026 it raised a $10 billion fund (Thrive X), its largest yet.

How it makes money

Earns management fees and a share of investment profits (carried interest) on the venture funds it raises from its own limited-partner investors.

Geography

United States

AI stack position

Financial and investment. The investors and financial firms whose capital is funding the AI buildout. These companies don't build AI technology themselves — they supply the enormous amounts of money it takes to build everything else on this map.

Same-layer peers

Same-layer peers share an editorial stack classification; that alone does not establish direct competition.

Connections (1)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Dated or announced (1)

Thrive Capital invested approximately $1 billion in OpenAI
Invested inDated / announced
Thrive Capital is reported to have invested approximately $1 billion in OpenAI at a $285 billion valuation.

Source: 2026-02-25 · reviewed 2026-09-21

Evidence: Secondary reporting (unconfirmed by primary parties) · Reported investment, February 2026

Limits: Based on a single media report citing an unnamed source; neither Thrive Capital nor OpenAI has confirmed the amount or valuation on the record. Thrive was also OpenAI's sole investor in a separate, much smaller 2022 round, so this is one of several distinct Thrive-OpenAI investments, not the whole relationship.

Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says ↗
Evidence for this profile

Thrive raises $10B for new fund, its largest yet ↗
Reviewed

Explore it interactively

Open this profile in the database See it on the relationship map

Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.25.43, released .