Skip to main content
TechCrunch Venture· Julie Bort·· 2 hours agoTop DealsAI Score71

OpenAI-backed Thrive Holdings acquires ADT for $7.6B in equity

OpenAI-backed Thrive Holdings acquires ADT

AI Overview

Thrive Holdings, the PE spinout of Thrive Capital that counts OpenAI as partner and investor.

Why it matters

The deal shows how an OpenAI-backed holding company plans to rebuild a legacy security firm around AI, and where smart home security is heading as Apple and Amazon move in.

Source:TechCrunch Venture · techcrunch.com

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing