SoftBank, Altimeter, D1 to Invest in Thrive Holdings’ $2 Billion Financing

Some of the biggest backers of OpenAI and its rivals are pooling their money in an offshoot of Thrive Capital that buys controlling stakes in accounting and other services firms and aims to transform them with AI.

Thrive Holdings, a one-year-old holding company started by OpenAI investor Thrive Capital, is raising around $2 billion from investors including Altimeter, D1 Capital Partners and SoftBank, according to a person familiar with the fundraising. It’s the first time outside investors have put money into the holding company. It previously raised $1 billion from existing institutional backers of Thrive Capital, the venture firm founded by Josh Kushner.