Thrive Capital

Thrive Capital is a New York-based venture capital investment firm founded in 2009. The firm specializes in investing in internet, software, and technology-enabled sectors, and it also offers venture-building services. Thrive has successfully attracted funding from notable institutional investors, including Princeton University, Wellcome Trust, and Hall Capital. A significant milestone for the firm was its participation in Instagram's $50 million Series B funding round, where it joined other leading firms and subsequently saw a substantial return on investment when Instagram was acquired by Facebook. Co-founded by Josh Kushner and Mario Schlosser, Thrive Capital has established itself as a prominent player in the venture capital landscape.

Chris Grimm

Director, Head of Valuations

Natalie Guo

Investor

Vincent Hankes

Investor

Avery Klemmer

Investor

Joshua Kushner

Founder and Managing Partner

Nabil Mallick

General Partner

Belen Mella

Investor

Nitin Nohria

Executive Chairman

Jared Weinstein

General Partner

Christina White

Investor

Kyle Yuan

Investor

Mark Znutas

Vice President, GTM

Past deals in News

dot.LA

Seed Round in 2020
dot.LA is a digital newsroom based in Los Angeles, California, that focuses on the startup and tech community in the region. Founded in 2020, the platform aggregates news related to events, sponsorships, and proprietary data, aiming to celebrate and empower local innovators. By providing timely and relevant information, dot.LA seeks to fuel innovation within the Los Angeles area and beyond.

Summly

Venture Round in 2012
Summly is a mobile application that specializes in algorithmically generating concise news summaries from a wide range of sources. Launched in December 2011 by Nick D'Aloisio, the app was designed to make reading news more accessible and enjoyable through intuitive gestures and animations. With the support of Horizons Ventures and contributions from experts in natural language processing and artificial intelligence, Summly has evolved its summarization technology to enhance user experience. By simplifying news consumption, the app enables users to effortlessly scroll through and read multiple stories, making it a valuable tool for those seeking quick and clear information in today's fast-paced digital landscape.
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