이미지: METAL LAB 생성
Summary
- Thrive Holdings, which holds a stake in OpenAI, has raised $2 billion in new funding at a $12 billion valuation
- Its model of acquiring accounting and IT firms and embedding AI has shown results at accounting platform Current and IT platform Shield
- The new funds will go toward a third business line handling permitting for physical infrastructure such as data centers, power, and transportation
- 신규 투자 규모
- 20억달러
- 기업가치
- 120억달러
- 주요 투자자
- 소프트뱅크, D1 Capital Partners, Altimeter Capital
- 오픈AI 지분 참여 시점
- 2025년 12월
- 플랫폼 현황
- 커런트(회계, 50개 이상 법인) · 실드(IT, 약 20개 법인)
A company that buys accounting firms and implants AI
Thrive Holdings, in which OpenAI holds a stake, has raised $2 billion in new funding. The round valued the company at $12 billion, with investors including SoftBank, D1 Capital Partners, and Altimeter Capital. The New York Times first reported the news.
Thrive Holdings was spun out of Thrive Capital, a major OpenAI investor. In December 2025, OpenAI made an equity investment in Thrive Holdings, and as part of that deal, OpenAI is reportedly sending its own employees directly into Thrive's portfolio companies to accelerate AI adoption.
Not private equity, but "AI implantation as a service"
Thrive Holdings' approach resembles traditional private equity, but its purpose differs. It acquires traditional businesses—such as accounting firms and IT service providers—and then embeds AI workflows directly inside them. More than 70 companies have joined Thrive's platform through this approach so far.
Its accounting-sector platform, Current, encompasses more than 50 firms and over 2,000 professionals. TaxAI, a tax-processing automation agent used on the platform, has processed more than 7,000 tax filings at 98% accuracy, and the company says it has cut tax-processing time at participating firms by more than 30%. Its IT-sector platform, Shield, includes about 20 companies and has increased help-desk processing speed by 36 times, while doubling the number of custom AI agents deployed over the past month.
This business model—embedding AI directly inside companies—is also expanding through separate entities at both OpenAI and Anthropic. OpenAI has established The Deployment Company with a major private equity firm, while Anthropic has launched Ode with Anthropic, both aiming to send elite engineering teams into client companies. This broader trend is part of why Thrive's track record is drawing investor attention.
Next target: buildings and facilities
Some of the new funding will go toward a newly created third business line. A Thrive representative described it as "the regulatory work required to get physical assets approved, built, certified, and kept in an operable state." This covers infrastructure broadly, including data centers, manufacturing facilities, healthcare, power, water, and transportation.
Anuj Mendiratta, a founding member of Thrive Holdings, said, "The U.S. needs to build and modernize critical infrastructure, but projects are frequently stalled by regional, technical, and regulatory complexity." The company's view is that while AI cannot replace on-site work or a professional's final sign-off, it can reduce repetitive tasks such as research, reporting, and permit applications.
Thrive's latest funding round illustrates a broader trend: rather than replacing office work wholesale, AI is increasingly being positioned to automate the back-end of complex, heavily regulated processes. By expanding beyond accounting and IT into infrastructure permitting, Thrive offers a case study in how far companies that treat AI adoption itself as a business can scale.
