Thrive Holdings Raises $2B To Expand AI-Powered Business Roll-Ups
Thrive Holdings Raises $2B At $12B Valuation Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation. SoftBank, D1 Capital Partners and Altimeter Capital led the The post Thrive Holdings Raises $2B To Expand AI-Powered Business Roll-Ups appeared first on Ventureburn .
Thrive Holdings has secured $2 billion in new funding at a $12 billion valuation, marking its first external investment. The company, spun out of Thrive Capital in 2025, is led by Joshua Kushner, who previously backed OpenAI, Stripe, and SpaceX. Thrive Holdings specializes in acquiring established businesses before deploying AI.
Its current platforms include Current, an accounting platform supporting over 2,000 professionals, and Shield, an information technology services platform with 20 companies. Thrive's AI tools have reduced tax prep time by 30% and IT help desk resolution times by 36 times. The company is expanding into critical infrastructure, targeting regulatory services for sectors like data centers, manufacturing, healthcare, power, and water infrastructure.
Thrive believes AI can automate administrative processes without replacing human oversight, focusing on research, reporting, permit preparation, inspection documentation, and compliance tracking.
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