Thrive Capital

Miles Grimshaw leaves Benchmark to rejoin Kushner’s Thrive Capital

In an unexpected move, Miles Grimshaw announced today that he is rejoining Thrive Capital after working as a general partner at Benchmark for the past three years. Grimshaw first joined Thrive, a New

Codegen raises new cash to automate software engineering tasks

Jay Hack, an AI researcher with a background in natural language processing and computer vision, came to the realization several years ago that large language models (LLMs) — think OpenAI’

Sparx wants to do for enterprise what Truebill did for consumer recurring bills

Sparx is very much in its early stages, however, in the past six months, the company has already reached profitability.

Alza emerges from stealth to offer affordable and inclusive financial tools to immigrants

Arturo Villanueva spent over four years on Stripe’s financial partnerships team. During that time, he led partnerships with Visa, Mastercard, American Express, and regional banks across Latin Ameri

Fintech startup Ramp raises $300M at a 28% lower valuation of $5.8B

Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information repor

Thrive Capital doubles down on Clair, a fintech helping frontline workers get paid instantly

New offerings include an on-demand pay solution where users can withdraw funds immediately for the money they've earned, but not yet received, and a lending program for employers.

Thrive Capital believed to be leading new multibillion-dollar investment in Stripe

Thrive Capital has reportedly committed $1 billion in fresh capital to payments giant Stripe as part of a new investment in the works that would value the fintech company at between $55 billion and $6

With a focus on patients with chronic illness, Nourish hopes to help Americans eat better

Nourish connects users with a registered dietitian (RD) via telehealth and helps them get their consultations covered by health insurance.

ClickHouse launches ClickHouse Cloud, extends its Series B

Since its launch as an open-source project by Yandex in 2016, ClickHouse has become one of the leading databases for online analytical processing (OLAP), allowing businesses to quickly generate ad hoc

Airplane lands $32M in new cash to make it easier for companies to build internal dev tools

Software-as-a-service dev platform Airplane today closed a $32 million Series B funding round led by Thrive Capital with participation from Benchmark, bringing the startup’s total raised to $40.

TruckSmarter comes out of stealth with a free load board for truckers

Technological innovation has caused a rise in e-commerce that is crying out for more truck drivers to deliver our smartphones and Pelotons and pineapples. But the trucking industry, the backbone of al

There’s always another nightmarish crypto hack around the corner

Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and th

Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm

After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered

CommandBar lands $19M to inject in-app searches with smarts

Thanks to the explosion of low- and no-code development tools, building web apps from scratch has become easier — and cheaper — than it once was. But sophisticated search and navigation fu

Daily Crunch: Salesforce, AWS collaborate to offer bundled services for streaming content providers

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

New York’s Thrive Capital closes its eighth fund with a whopping $3 billion

Thrive Capital, the venture firm founded in 2009 by a then 25-year-old Joshua Kushner, says it has closed its eighth fund with approximately $3 billion in capital commitments, $500 million of which it

Lattice raises $175M at a $3B valuation for its people management platform

Lattice, a platform that helps with workforce people management — the ability to carry out performance reviews, employee feedback and praise; tools to set and track goals and other long-term car

Meet Imprint, the fintech that just raised $38M from the likes of Kleiner Perkins, Stripe and Affirm

Imprint, a one-year-old startup that offers branded payments and rewards products, today announced a $38 million Series A funding round co-led by Kleiner Perkins and Stripe.  It’s not every day tha

Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN

Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving ac

CommandBar raises $4.8M to make web-based apps searchable

James Evans and his co-founders at CommandBar were working on a different software product when they hit a wall while trying to find certain functionalities within the software.
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