Thrive Capital's Thrive Holdings, which acquires traditional service businesses and adds AI, raised $2B from SoftBank, D1, and others at a $12B valuation (Michael J. de la Merced/New York Times)
Thrive Holdings raised $2 billion to acquire service businesses and apply AI, signaling major capital behind AI roll-up strategies.
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<a href="https://www.nytimes.com/2026/08/12/business/dealbook/thrive-holdings-ai-funding.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260812/i20.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260812/p20#a260812p20" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Michael J. de la Merced / <a href="https://www.nytimes.com/">New York Times</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.nytimes.com/2026/08/12/business/dealbook/thrive-holdings-ai-funding.html">Thrive Capital's Thrive Holdings, which acquires traditional service businesses and adds AI, raised $2B from SoftBank, D1, and others at a $12B valuation</a></b></span> — The company, Thrive Holdings, acquires businesses to infuse them with artificial intelligence and drew interest from backers like SoftBank.</p>
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