Megadose AI progress, ranked and analyzed.

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)

Techmeme ·
Thrive Holdings says it now owns and operates more than 70 businesses across accounting and IT services.

The Thrive Capital company raised more than $2 billion in additional capital, with investors including SoftBank, D1 Capital Partners and Altimeter Capital. Techmeme’s note says the round values Thrive Holdings at $12 billion. The company buys traditional service businesses and deploys AI products built by its engineers into their operations. Techmeme's note

score 9

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