OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
TechCrunch Rebecca Bellan
Thrive Holdings, an OpenAI-backed firm that embeds AI into acquired business workflows, raised $2B at a $12B valuation with investors including SoftBank and Altimeter. The funding supports expanding a third platform for regulatory services for the built environment. As a result, Thrive plans to apply its embedded AI approach beyond accounting and IT to help enterprises streamline compliance-related workflows across physical asset projects.
Why it matters
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital.
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