DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Thrive Capital
Legal name Thrive Capital Management, LLC
Latest filing Jul 6, 2026
First filing on the tape Jul 28, 2021 · 14 filings
SEC status approved since Sep 10, 2021
RAUM
$50B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
80
33 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
54
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$50B as of Jul 6, 2026
Mar 31, 2022$16B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 6, 2026
Mar 31, 20220 then
Employees (5.A)80 as of Jul 6, 2026
Mar 31, 202257 then
Private funds54 as of Jul 6, 2026
Mar 31, 202228 then
RAUM +117% over the last fiscal year+52% a year over threeIARs 0 to 0offices 3 to 2
Practice profile
derived from the filing of Jul 6, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $935MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +117%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $37B, 54 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$50B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 54reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $37B for 54 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
37 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Thrive Capital Partners Viii Growth, L.P. | Venture Capital Fund | $3.2B | 276 | Mar 31, 2022 |
| Thrive Capital Partners Vii Growth, L.P. | Venture Capital Fund | $1.9B | 129 | Mar 31, 2021 |
| Thrive Capital Partners V, L.P. | Venture Capital Fund | $1.8B | 70 | Mar 31, 2017 |
| Thrive Capital Partners IV, L.P. | Venture Capital Fund | $1.4B | 55 | Mar 30, 2015 |
| Thrive Capital Partners Vi Growth, L.P. | Venture Capital Fund | $1.4B | 87 | Mar 28, 2019 |
| Thrive Capital Partners Vi, L.P. | Venture Capital Fund | $1.0B | 87 | Mar 28, 2019 |
| Thrive Capital Partners Viii Growth-B, LLC | Venture Capital Fund | $962M | 46 | Mar 30, 2023 |
| Thrive Capital Partners IV Supplemental, L.P. | Venture Capital Fund | $750M | 55 | Mar 30, 2015 |
| Thrive Capital Partners III, L.P. | Venture Capital Fund | $685M | 40 | Mar 28, 2013 |
| Thrive Capital Partners Viii Growth, LLC | Venture Capital Fund | $652M | 2 | Mar 30, 2023 |
| Thrive Capital Partners Vii, L.P. | Venture Capital Fund | $567M | 129 | Mar 31, 2021 |
| Thrive Capital Partners Viii, L.P. | Venture Capital Fund | $549M | 276 | Mar 31, 2022 |
| Thrive Capital Partners II, L.P. | Venture Capital Fund | $146M | 34 | Mar 30, 2012 |
| Thrive Capital Partners Vi-D, LLC | Venture Capital Fund | $88.1M | 2 | Mar 31, 2021 |
| Claremount IV Associates, L.P. | Venture Capital Fund | $66.9M | 29 | Mar 30, 2015 |
| Thrive Capital Partners IV Stripe, LLC | Venture Capital Fund | $64.9M | 8 | Mar 30, 2015 |
| Claremount Vi Associates, L.P. | Venture Capital Fund | $48.5M | 27 | Mar 28, 2019 |
| Thrive Capital Partners Viii Growth-A, LLC | Venture Capital Fund | $45.1M | 4 | Mar 29, 2024 |
| Claremount V Associates, L.P. | Venture Capital Fund | $35.0M | 17 | Mar 31, 2017 |
| Claremount Vii Associates, L.P. | Venture Capital Fund | $30.2M | 46 | Mar 31, 2021 |
| Thrive Capital Partners Harry'S, LLC | Venture Capital Fund | $24.4M | 2 | Mar 30, 2018 |
| Thrive Capital Partners IV-B, LLCno longer reported | Venture Capital Fund | $24.4M | 10 | Mar 31, 2017 |
| Claremount Tw, L.P. | Venture Capital Fund | $24.1M | 2 | Mar 31, 2014 |
| Thrive Capital Partners Viii Growth-D, LLC | Venture Capital Fund | $23.7M | 5 | Mar 29, 2024 |
| Thrive Capital Partners III-A, LLC | Venture Capital Fund | $21.1M | 3 | Mar 30, 2018 |
| Thrive Capital Partners Vi-C, LLC | Venture Capital Fund | $17.6M | 2 | Mar 31, 2021 |
| Thrive Capital Wp LLCno longer reported | Venture Capital Fund | $13.8M | 2 | Mar 31, 2014 |
| Thrive Capital Partners IV Instacart, LLC | Venture Capital Fund | $13.2M | 7 | Mar 30, 2015 |
| Thrive Capital Partners Vi-G, LLC | Venture Capital Fund | $11.6M | 8 | Mar 30, 2023 |
| Thrive Capital Partners IV-D, LLC | Venture Capital Fund | $10.0M | 7 | Mar 28, 2019 |
| Thrive Capital Partners Vi-H, LLC | Venture Capital Fund | $5.9M | 9 | Mar 29, 2024 |
| Thrive Capital Partners IV-C, LLC | Venture Capital Fund | $5.2M | 7 | Mar 28, 2019 |
| Thrive Capital Partners LLC | Venture Capital Fund | $4.9M | 9 | Mar 30, 2012 |
| Thrive Capital Partners Vi-E, LLC | Venture Capital Fund | $4.7M | 2 | Mar 31, 2021 |
| Thrive Capital Partners IV-A, LLCno longer reported | Venture Capital Fund | $3.1M | 15 | Mar 30, 2016 |
| Thrive Capital Partners Vi-A, LLC | Venture Capital Fund | $1.8M | 9 | Mar 27, 2020 |
| Thrive Capital Partners IV Segment, LLC | Venture Capital Fund | $70,871 | 8 | Mar 30, 2016 |
Owners and control persons
Schedule A and B, latest filing
- Ashwin Budhiraja · Chief Financial Officercontrolsince 05/2022 · owns less than 5%
- Fredric Jed Feldman · Chief Legal Officer And Chief People Officercontrolsince 08/2014 · owns less than 5%
- Grace Marian Fowler · Chief Compliance Officer And General Counselcontrolsince 01/2023 · owns less than 5%
- Joshua Kushner · Founder And Ceocontrolsince 08/2011 · owns less than 5%
- Nitin Nohria · Executive Chairman And Partnercontrolsince 01/2022 · owns less than 5%
- Joshua Kushner · Managing Membercontrolsince 11/2020 · owns F of Thrive Capital Holdings, LLC
- Joshua Kushner · Limited Partnercontrolsince 11/2020 · owns 75% or more of Thrive Management Feeder, L.P.
Entity owners
- Thrive Capital Management Holdings, L.P. · Sole Memberdirect · owns 75% or more
- Thrive Capital Holdings, LLC · General Partnerindirect · owns F of Thrive Management Feeder, L.P.
- Thrive Capital Holdings, LLC · General Partnerindirect · owns F of Thrive Capital Management Holdings, L.P.
- Thrive Management Feeder, L.P. · Limited Partnerindirect · owns 75% or more of Thrive Capital Management Holdings, L.P.
Related persons
Schedule D 7.A
- Jkm Capital LLCpooled vehicle sponsorn
- Thrive Partners II Gp, LLCpooled vehicle sponsorn
- Thrive Partners III Gp, LLCpooled vehicle sponsorn
- Thrive Partners IV Gp, LLCpooled vehicle sponsorn
- Thrive Partners V Gp, LLCpooled vehicle sponsorn
- Thrive Partners Vi Gp, LLCpooled vehicle sponsorn
- Thrive Partners Vii Gp, LLCpooled vehicle sponsorn
- Thrive Partners Vii Growth Gp, LLCpooled vehicle sponsorn
- Thrive Partners Viii Gp, LLCpooled vehicle sponsorn
- Thrive Partners Viii Growth Gp, LLCpooled vehicle sponsorn
Offices
Schedule D 1.F, the 25 largest
- Miami Beach, FL2 employees
- San Francisco, CA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 30, 2026RAUM (Item 5.F) moved from $23,303,439,720 to $50,492,232,840 (+117.0%) between the annual amendments of 2025-03-31 and 2026-03-30; the peer median change was +15.0% (471 comparable advisers, 98.0th percentile of changes)peers: asset managers, $20B and over (471) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 40 to 54Jun 27, 2025 to Mar 30, 2026
- Advisory employees · 31 to 33Jun 27, 2025 to Mar 30, 2026
- Pooled vehicle clients · 40 to 54Jun 27, 2025 to Mar 30, 2026
- Assets in custody · $23B to $37BJun 27, 2025 to Mar 30, 2026
- Other offices · 3 to 2Jun 27, 2025 to Mar 30, 2026
- Private funds · 40 to 54Jun 27, 2025 to Mar 30, 2026
- Discretionary RAUM · $23B to $50BJun 27, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $23B to $50BJun 27, 2025 to Mar 30, 2026
- RAUM · $23B to $50BJun 27, 2025 to Mar 30, 2026
- Financial planning clients · unset to Mar 31, 2025 to Jun 27, 2025
- Accounts · 34 to 40Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 27 to 31Mar 29, 2024 to Mar 31, 2025
- Pooled vehicle clients · 34 to 40Mar 29, 2024 to Mar 31, 2025
- Assets in custody · $16B to $23BMar 29, 2024 to Mar 31, 2025
- Employees · 64 to 80Mar 29, 2024 to Mar 31, 2025
- Other offices · 2 to 3Mar 29, 2024 to Mar 31, 2025
- Private funds · 34 to 40Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $16B to $23BMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $16B to $23BMar 29, 2024 to Mar 31, 2025
- RAUM · $16B to $23BMar 29, 2024 to Mar 31, 2025
- Accounts · 31 to 34Aug 24, 2023 to Mar 29, 2024
- Advisory employees · 22 to 27Aug 24, 2023 to Mar 29, 2024
- Pooled vehicle clients · 31 to 34Aug 24, 2023 to Mar 29, 2024
- Assets in custody · $14B to $16BAug 24, 2023 to Mar 29, 2024
- Employees · 74 to 64Aug 24, 2023 to Mar 29, 2024
- Other offices · 1 to 2Aug 24, 2023 to Mar 29, 2024
- Private funds · 31 to 34Aug 24, 2023 to Mar 29, 2024
- Discretionary RAUM · $14B to $16BAug 24, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $14B to $16BAug 24, 2023 to Mar 29, 2024
- RAUM · $14B to $16BAug 24, 2023 to Mar 29, 2024
- Accounts · 28 to 31Jan 10, 2023 to Mar 30, 2023
- Advisory employees · 20 to 22Jan 10, 2023 to Mar 30, 2023
- Pooled vehicle clients · 28 to 31Jan 10, 2023 to Mar 30, 2023
- Assets in custody · $13B to $14BJan 10, 2023 to Mar 30, 2023
- Employees · 57 to 74Jan 10, 2023 to Mar 30, 2023
- Private funds · 28 to 31Jan 10, 2023 to Mar 30, 2023
- Discretionary RAUM · $16B to $14BJan 10, 2023 to Mar 30, 2023
- Pooled vehicle RAUM · $16B to $14BJan 10, 2023 to Mar 30, 2023
- RAUM · $16B to $14BJan 10, 2023 to Mar 30, 2023
- Accounts · 26 to 28Sep 17, 2021 to Mar 31, 2022
Signals
10 dated events
- Thrive Capital reported RAUM $50.5B, up 117% from $23.3B (2025-06-27 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Thrive Capital reported RAUM $23.3B, up 50% from $15.6B (2024-03-29 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Grace Marian Fowler (Chief Compliance Officer And General Counsel) appeared on Schedule A of Thrive CapitalJan 10, 2023 · Control person joined · fact
- Lisa Jaclyn Rabin (Chief Compliance Officer And Associate General Counsel) no longer on Schedule A of Thrive Capital (listed 2022-06-07, absent 2023-01-10)Jan 10, 2023 · Control person left · inference
- Berman Jared Weinstein (Partner And Chief Operating Officer) no longer on Schedule A of Thrive Capital (listed 2022-03-31, absent 2022-06-07)Jun 7, 2022 · Control person left · inference
- Nitin Nohria (Executive Chairman) appeared on Schedule A of Thrive CapitalJun 7, 2022 · Control person joined · fact
- Ashwin Budhiraja (Chief Financial Officer) appeared on Schedule A of Thrive CapitalJun 7, 2022 · Control person joined · fact
- Thrive Capital reported RAUM $16.3B, up 45% from $11.3B (2021-09-17 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Lisa Jaclyn Rabin (Chief Compliance Officer And Associate General Counsel) appeared on Schedule A of Thrive CapitalSep 17, 2021 · Control person joined · fact
- Thrive Capital filed its initial SEC registration (Form ADV)Jul 28, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Thrive Capital · Independent Sponsorsshared crd · capital_provider
- Thrive Capital · Private Equityshared crd · organization
- Thrive Capital · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/THRIVE-CAPITALreportedpublic record, Form ADV, Sep 17, 2026
- Website
- THRIVECAP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (646) 680-0240reportedpublic record, Form ADV, Jul 6, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026