Thrive Holdings
About Thrive Holdings
Thrive Holdings is a AI Vertical Platforms startup based in New York, United States that has raised $2B in venture capital across 1 funding round since 2025. The company reached Growth stage in August 2026 with a $2B round led by SoftBank at a $12B valuation. Thrive Holdings's investor base includes 5 institutional funds, with SoftBank Vision Fund leading the most recent equity round.
Thrive Holdings is an AI-powered holding company that acquires and permanently operates businesses in critical service industries — primarily accounting and IT managed services — embedding frontier AI into their workflows. It operates two main platforms: Current (an accounting firm rollup of 50+ firms with $300M+ annual revenue) and Shield Technology Partners (an IT managed services rollup of ~20 companies), with a third vertical in regulatory and permitting services for physical infrastructure. OpenAI holds an equity stake and embeds research and engineering teams directly inside Thrive's portfolio companies, including a TaxAI agent that processed 7,000 tax returns with 31% time savings.
Thrive Holdings Funding Rounds Timeline
1 rounds · $2B raised · since 2025
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Growth | August 2026 | $2B | $12B | SoftBank | D1 Capital Partners, Altimeter Capital, OpenAI, Bessemer Venture Partners |
Investors in Thrive Holdings
5 institutional investors across 1 rounds
Lead investors
Co-investors
Recent news about Thrive Holdings
- FundingOpenAI-Backed 'AI Rollup' Thrive Holdings Raises $2B at a $12B ValuationAugust 2026
Questions about Thrive Holdings
How much has Thrive Holdings raised?
Thrive Holdings has raised $2B across 1 funding round since 2025.
Who are the investors of Thrive Holdings?
Thrive Holdings's investors include SoftBank Vision Fund, D1 Capital Partners, OpenAI, Bessemer Venture Partners, Altimeter Capital.
When was Thrive Holdings's last funding round?
Thrive Holdings's most recent round was a $2B Growth in August 2026, led by SoftBank.
What is Thrive Holdings's valuation?
Thrive Holdings reached a $12B valuation (unicorn status) with its Growth round in August 2026.
Where is Thrive Holdings headquartered?
Thrive Holdings is headquartered in New York, United States, and was founded in 2025 by Anuj Mehndiratta, Josh Kushner.