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Thrive capital stories

Aug 14, 2026

Thrive Capital's 2022 fund grows sevenfold to $3.7 billion on AI bets

Joshua Kushner's Thrive Capital 2022 early-stage venture fund has grown from $516 million to over $3.7 billion, driven by early investments in OpenAI, SpaceX, and Anduril Industries.

Aug 14, 2026·2 sources
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Apr 18, 2026

Cursor in Talks to Raise $2B+ at $50B Valuation as Enterprise Growth Surges

AI coding assistant Cursor is reportedly in discussions to raise over $2 billion at a $50 billion valuation, with returning backers Andreessen Horowitz and Thrive expected to lead the round amid strong enterprise adoption.

Apr 18, 2026·1 source
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Top claims

  • ▪Joshua Kushner issued the formal investor letter to Thrive Capital backers in the absence of an investor day in 2026
  • ▪Thrive Capital's 2022 early-stage venture capital fund grew from an initial $516 million to more than $3.7 billion as of the end of June 2026
  • ▪Thrive Capital's 2022 early-stage venture capital fund made early investments in the artificial intelligence company OpenAI

Topics

AIAI startupsOpenAIVenture capital fundingEarly-stage investingAI for developersAI coding assistantsBusiness & enterprise AI