Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Thrive Holdings raised $2B led by SoftBank to implement AI in accounting and IT firms, aiming for a $12B valuation.

PRIVATEAug 13, 2026•about 3 hours ago

Amount Raised

$2 Billion

Round Type

Venture - Series Unknown

New York

Investors

AltimeterD1 CapitalSoft Bank

Description

Thrive Holdings has secured $2 billion in funding, marking a significant milestone since it spun out of Thrive Capital in 2025. The funding, led by SoftBank, D1 Capital, and Altimeter, enables the company to acquire and transform businesses using AI. This new approach promises to streamline operations in traditional sectors. OpenAI, a stakeholder, enhances Thrive’s AI integration efforts.

Company Information

Company

Thrive Holdings

Location

New York, New York, United States

About

Thrive Holdings is a private equity firm that applies AI to traditional businesses, focusing on acquiring accounting and IT firms. The firm reengineers how these businesses operate to enhance efficiency and reduce costs. It operates under a model that leverages AI without creating products, instead embedding technology within acquired companies. Thrive Holdings, spun out of Thrive Capital in 2025, aims to modernize various sectors, including infrastructure.

Don't miss Thrive Holdings's next move

Get an email the moment Thrive Holdings raises, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Thrive Holdings's next move

Learn about Strategic plan

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.