OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings is raising at private-equity scale to buy service businesses and install AI directly into their operations.
The $2 billion round values the OpenAI-backed company at $12 billion, with SoftBank, D1 Capital Partners, and Altimeter among investors. Thrive says its accounting arm has processed more than 7,000 returns with TaxAI at 98% accuracy, while its IT arm has cut help desk resolution times sharply. Part of the new money will fund a third platform for regulatory services tied to physical infrastructure projects. TechCrunch AI's note
The $2 billion round values the OpenAI-backed company at $12 billion, with SoftBank, D1 Capital Partners, and Altimeter among investors. Thrive says its accounting arm has processed more than 7,000 returns with TaxAI at 98% accuracy, while its IT arm has cut help desk resolution times sharply. Part of the new money will fund a third platform for regulatory services tied to physical infrastructure projects. TechCrunch AI's note
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