Extracted Insight: Senior adviser Josh Gruenbaum, who served in President Donald Trump’s administration, invested between $100,001 and $250,000 in a Thrive Capital fund in March 2025. Ten months later, the General Services Administration’s Federal Acquisition Service (FAS) awarded a $1.8 million sole‑source contract to Databricks, an artificial‑intelligence company backed by Thrive Capital. Gruenbaum also participated in discussions related to a separate bid by fintech firm Ramp, another Thrive portfolio company. He disclosed his investment, secured ethics‑office approval, and recused himself from both contract processes. Friday was his final day in the administration, concluding his involvement in these procurement matters.
