News & Insights

Thrive Capital leads the $10 billion Series J financing of Databricks, an AI and data platform.

Thrive Capital co-leads the $1 billion Series K financing of Databricks, the data and AI company, The round was co-led by Thrive Capital, Andreessen Horowitz, Insight Partners, MGX and WCM Investment Management

Created by the OpenAI Startup Fund and Thrive Global, Thrive AI Health announces its launch with its AI tool, Thrive AI Health Coach

Thrive Capital participates in the $372 million Series D financing of Formation Bio, a startup focused on applying AI to drug development

Thrive Capital participates in the $6.5 billion Series I financing of Stripe, an online financial infrastructure platform. 

Cloud Native Application Protection Platform, Wiz, announces $1 billion Series E financing from Gunderson Dettmer clients Andreessen Horowitz, Thrive Capital, Index Ventures, Greenoaks and Wellington Management.

Technology platform provider for registered investment advisors, Savvy Wealth, announces its $72 million Series B financing led by Industry Ventures, with participation from Vestigo Ventures, Euclidean Capital, Canvas Ventures, Thrive Capital, The House Fund and Brewer Lane Ventures

Gunderson Dettmer represented client Thrive Capital as it co-led the $250 million Series D financing of Melio, an Israeli payments platform geared toward small and medium-sized US businesses.

Gunderson Dettmer represented client Thrive Capital as it led the $154M financing of Skims, a manufacturer and retailer of undergarments and loungewear.

Gunderson Dettmer advises investors Addition and a16z in the $200 million Series B financing of Base Power

Gunderson Dettmer represented Thrive Capital as it led the $150 million funding round of Vimeo, a professional video platform.

Business Insider recognizes 8 of Gunderson Dettmer's clients as the "Most Important VCs in the Midwest." 

Gunderson Dettmer represented client Scope Security, Inc., a next-generation security platform purpose-built for health systems, in its $20 million Series A financing led by Thrive Capital.

Networking platform for influencers, Influur, announces its Series A financing led by Point72 Ventures and HTwenty Capital

Gunderson Dettmer represented Thrive Capital in its co-lead investment of Fanatics, a multi-channel sports merchandise retailer, in its $350 million Series E financing. Thrive Capital was joined by Fidelity Management, Franklin Templeton Investments and Neuberger Berman Group. Fanatics is now valued at approximately $6.2 billion.

Gunderson Dettmer represented clients Coatue and Thrive Capital in the Series D investment of Gong.io, a startup providing an “intelligence platform” for enterprise sales teams.

Gunderson Dettmer represented client Parafin, a finance startup for small businesses, in its $34 million Series Seed and A financing led by Ribbit Capital and Thrive Capital.

AIX Ventures announced the formation of its $202 million fund for early-stage artificial intelligence (AI) companies.

Spark Capital led the $125 million Series C financing of healthcare tech startup, Headway. 

Mercury announced the $160 million Mercury Fund V, Mercury’s largest to date.