THOR Industries (NYSE: THO) is the world's largest manufacturer of recreational vehicles. While primarily an operating company, it also makes strategic corporate venture investments in electrification and mobility startups, co-leading rounds for companies such as Harbinger Motors and Lightship RV alongside its investment partner TechNexus Venture Collaborative.
67% of their portfolio is in Mobility & Transportation. Their most common stage is series-b (50% of deals). Average disclosed round size is $102.3M (across 6 rounds with reported amounts).
Portfolio
3
Fund Size
—
Top Stage
Series B
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Harbinger | Series C | $160M | Nov 2025 |
 Harbinger Industries | Series C | $160M | Nov 2025 |
| Harbinger | Series B | $100M | Jan 2025 |
| Harbinger Industries | Series B | $100M | Jan 2025 |
 Lightship | Series B | $34M | Jan 2024 |
| Harbinger | Series A | $60M | Sep 2023 |
Top Co-Investors
Ridgeline Partners3 shared
Maniv3 shared
Tiger Global Management, LLC3 shared
Ironspring Ventures3 shared
Leitmotif3 shared
TechNexus Venture Collaborative2 shared
ArcTern Ventures2 shared
Schematic Ventures2 shared
Capricorn Investment Group2 shared
FedEx2 shared
Silent Ventures2 shared
Overture VC1 shared
Greycroft1 shared
Riverstone Holdings1 shared
Squarepoint Capital1 shared
Sequoia Capital1 shared
Litquidity Ventures1 shared
Alumni Ventures1 shared
Obvious Ventures1 shared
Prelude Ventures1 shared
Last updated: 9 September 2026