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Thrive Capital

Thrive Capital is a venture capital investment firm focused on media and internet investments.

Details

295 Lafayette St., New York, NY 10012
United States

Overview

Since its founding, Thrive has raised $200 million from institutional investors, including Princeton University, Wellcome Trust, and Hall Capital. According to a profile in Forbes, Thrive was one of three firms (joining Sequoia Capital and Greylock Partners) to invest in Instagram's $50 million Series B round at a valuation of $500 million. Forbes wrote that after Instagram sold to Facebook, "Thrive had doubled its money in 72 hours." To date, Thrive Capital has made more than 68 investments in 50 companies, including Stripe, Harry's, Glossier, Memoir, Urban Compass, Dwolla, 42 Floors, Warby Parker, Fab and Oscar. 10 investments have been acquired.