Fundraisers

Thrive Capital raises $2bn

The New York-based firm has raised capital for a pair of early- and late-stage funds.

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Fund name: Thrive Capital Partners VII and Thrive Capital Partners VII Growth
Amount raised: $2 billion
Predecessor fund: Thrive Capital Partners VI ($1 billion)

Thrive Capital has raised $2 billion for a pair of early- and late-stage funds, Thrive Capital Partners VII and Thrive Capital Partners VII Growth. Thrive Capital Partners VII has raised $500 million and Thrive Capital Partners VII Growth has raised $1.5 billion.

The venture capital firm’s latest fundraise is twice the amount Thrive raised for its predecessor fund in 2018.