‘Miles Grimshaw leaves Benchmark to re-join Thrive Capital’

In a surprising turn of events, Miles Grimshaw has announced his return to Thrive Capital after spending the last three years as a general partner at Benchmark. Grimshaw originally joined Thrive, a venture firm founded by Joshua Kushner, in 2013, and he is now rejoining as a general partner.

In a post on social media, Grimshaw expressed his excitement about rejoining the Thrive team while also looking forward to continuing to work with Benchmark. During his previous tenure at Thrive, he led investments in companies such as Airtable, Monzo, Lattice, and Benchling.

Joshua Kushner also shared the news on social media, highlighting Grimshaw’s past accomplishments at Thrive. The Financial Times reported earlier this year that Thrive Capital is seeking to secure fresh capital of at least billion after making significant investments in technology startups. In 2022, Thrive Capital closed its eighth fund with billion in capital commitments, further solidifying its position in the venture capital industry.

As Thrive prepares for the future and new innovations, Miles Grimshaw’s return as a general partner brings a unique skill set that will benefit the firm and its founders. Stay tuned as we await comments from Grimshaw and Thrive Capital on this exciting development. If you have insights to share as a VC industry insider, feel free to contact us.