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techcrunch ai · August 12, 2026

Thrive raises $2B to replace human audit workflows with OpenAI agents

openai-backed thrive holdings raised $2b at a $12b valuation to buy traditional firms and automate them with ai. the firm claims its tax agents achieved 98% accuracy while cutting prep times by 30%.

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openai-backed thrive holdings secured $2b in funding at a $12b valuation to expand its private equity model of acquiring firms and integrating ai directly into their operations. currently supporting 70 businesses, thrive reports its taxai agents processed 7,000 returns at 98% accuracy while its shield it arm sped up help desk resolution 36x. the capital will fund a third vertical targeting regulatory services for physical infrastructure, aiming to automate permitting and compliance for data centers and utilities. this model reflects a broader trend of ai labs partnering with private equity to implement agents directly into enterprise workflows.

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