Thrive Capital Partners VIII Growth, L.P.
Thrive Capital · adviser of record: Thrive Capital Management, LLC · 2021 vintage
Thrive Capital Partners VIII Growth, L.P. is a 2021 venture fund managed by Thrive Capital, with $2.5bn raised (Form D, amount sold). It reported $7.1bn in gross assets at year-end 2025, 2.80x its size, its highest reported value.
- Latest value held
- $7.1bn year-end 2025
- Peak
- $7.1bn year-end 2025
- Fund size
- $2.5bn Form D, amount sold
- Held vs. size
- 2.80x peak 2.80x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $7.1bn | 2.80x | +122% over 2 yrs |
| 2023 | $3.2bn | 1.26x | +33% |
| 2022 | $2.4bn | 0.95x | -7% |
| 2021 | $2.6bn | 1.02x | – |
What public pensions report
| Investor | As of | Commitment | Cash back (DPI) | Total (TVPI) | Still held |
|---|---|---|---|---|---|
| CalPERS | 2026-03-31 | $300mm | 0.28x | 2.70x | 2.42x |
Latest report from each pension, as multiples of paid-in capital. Michigan reports dollar value held, shown under Still held.
Other funds from Thrive Capital
- Thrive Capital Partners VIII Growth-A, LLC 2023
- Thrive Capital Partners VIII Growth-D, LLC 2023
- Thrive Capital Partners VI-H, LLC 2023
- Thrive Capital Partners VIII Growth-B, LLC 2022
- Thrive Capital Partners VI-G, LLC 2022
- Thrive Capital Partners VIII, L.P. 2021
- Thrive Capital Partners VII Growth, L.P. 2020
- Thrive Capital Partners VII, L.P. 2020
- Thrive Capital Partners VI-D, LLC 2020
- Claremount VII Associates, L.P. 2020
- Thrive Capital Partners VI-E, LLC 2020
- Thrive Capital Partners VI Growth, L.P. 2018
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-3734144083. Data updated October 13, 2026.
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