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Venture

Josh Kushner’s Thrive Capital Raises Another $3B To Invest In Startups

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, the New York-based venture firm founded by has raised $3 billion for its eighth fund, it reported Thursday.

The firm invests across sectors and stages. It has backed well-known consumer companies like and , along with tech companies like and .

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Thrive VIII will be made up of two funds, with $500 million allocated for early-stage investments, and $2.5 billion for late-stage investments, according to an announcement from the firm.

Some of Thrive Capital’s recent investments include:

  • (payroll infrastructure company, $75 million Series C)
  • (custom homebuilding company, $75 million Series C)
  • (underwear and loungewear company, $240 million Series B)

Thrive Capital saw several of its portfolio companies exit last year, with , Ìý²¹²Ô»å all going public, and startups including and being acquired.

Some of Thrive Capital’s other notable exits in the last year include:

  • ($41 billion valuation at IPO)
  • ($32 billion valuation at IPO)
  • ($11.9 billion valuation at IPO)

The firm announced its most recent fund, the $2 billion Thrive VII, just over a year ago.

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