Thrive Capital
Thrive Capital is an investment firm led by chief executive Joshua Kushner that builds and invests in internet, software and technology-enabled companies, with investments including Cursor and Chai DiscoveryChai DiscoveryChai Discovery is a San Francisco–based artificial intelligence drug discovery company founded in 2024. It develops AI models that predict and design interactions between biomolecules, with the aim of building a “computer-aided design suite” for molecules; its Chai-1, Chai-2 and Chai-3 models are used for molecular structure prediction and de novo antibody design, and it has signed collaborations with several large pharmaceutical companies.Open the full entry. Kushner is also chief executive of Thrive HoldingsThrive HoldingsThrive Holdings is a holding and operating company founded in 2025. It acquires and operates established service businesses, combining internal engineering teams with industry specialists to develop AI tools for specific workflows.Open the full entry, a long-term holding company.
Contents5 sections
Key facts
Profile: Investing and Incubation
Thrive Capital describes itself as building and investing in internet, software and technology-enabled companies, and through its incubations it works with founders to develop new products and launch companies.[1]
August 2024Cursor’s Series A
On August 22, 2024, the AI coding tool Cursor announced $60 million in Series A funding from investors including Andreessen HorowitzAndreessen HorowitzAndreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. It invests from the seed stage through the growth stage and provides operational support to its portfolio companies.Open the full entry, Thrive Capital and OpenAIOpenAIOpenAI is an artificial intelligence research and product organization founded in 2015 that develops the GPT model series, ChatGPT, Codex and a developer API, and conducts research on image, speech, video and intelligent agents. After its 2025 restructuring, the nonprofit OpenAI Foundation continues to control the for-profit OpenAI Group PBC. Its growth has involved large-scale fundraising and compute partnerships, and has also been accompanied by controversies over governance, copyright, privacy and AI safety.Open the full entry.[2]
September 2024Co-Leading Chai Discovery’s Seed Round
On September 9, 2024, Chai Discovery announced a seed round of about $30 million led by Thrive Capital, OpenAI and Dimension Capital.[3]
2025Launch of Thrive Holdings
Thrive Holdings was launched on April 29, 2025, as a permanent capital vehicle.[4]
Joshua Kushner is chief executive of both Thrive Capital and Thrive Holdings.[5]