At a glance
Andreessen Horowitz appears in 49 funding rounds tracked by ValueAddVC since 2020, leading 25. Its most frequent sectors in these rounds are AI & Infrastructure and Defense & Space, and its most recent tracked deal was Jeeves' $110M round (Sep 30, 2026). It co-invests most often with Sequoia Capital, Lightspeed Venture Partners and General Catalyst. ValueAddVC also tracks 11 funds managed by Andreessen Horowitz.
Strategy
Stages
SeedSeries ASeries B
Sectors
CryptoWeb3
Geographies
USAMenlo Park, California, USA
Check size
$1M-$100MOpen Roles
19Partner 16, Compliance AnalystMenlo Park, California, United States; San Francisco, California, United StatesPartner 20, Staff Security Technical Program ManagerSan Francisco, California, United StatesPartner 20, Staff Engineer, Enterprise Security San Francisco, California, United StatesSoftware Engineer, Systems (Partner 16, Partner 18)San Francisco, California, United StatesSoftware Engineer, Software Factory (Partner 16, Partner 18)San Francisco, California, United States
Recent changes
- Sep 30, 2026Sep 30, 2026Invested in Jeeves ($110M) Pulse 2.0
- Sep 29, 2026Sep 29, 2026Invested in EliseAI ($350M) TechCrunch
- Sep 25, 2026Sep 25, 2026Invested in OpenEvidence (Series C, $250M) Refresh Miami
- Sep 25, 2026Sep 25, 2026Invested in DensityAIRumored The Information
- Sep 25, 2026Sep 25, 2026OpenEvidence Raises $250M Led By Andreessen Horowitz Pulse story
Earlier changes (15)
- Sep 24, 2026Sep 24, 2026Invested in BigHat Biosciences (Series C, $75M) BioSpace
- Sep 22, 2026Sep 22, 2026Follow-on: Invested in Mirendil (Series A (reported), Up to $1B)Rumored Bloomberg
- Sep 17, 2026Sep 17, 2026Invested in Adaptive (Series B, $30M) PR Newswire
- Sep 15, 2026Sep 15, 2026Invested in Thatch (Series C, $108M) TechCrunch
- Sep 14, 2026Sep 14, 2026Invested in Temporal (Series E, $550M) Temporal
- Sep 10, 2026Sep 10, 2026Invested in The Boring Company (Series D, $3B) TechCrunch
- Sep 9, 2026Sep 9, 2026Invested in Clay (Series D, $115M) Business Wire
- Sep 9, 2026Sep 9, 2026Invested in Lightfield (Series A, $47M) PR Newswire
- Sep 8, 2026Sep 8, 2026Invested in Cognition (Series E, $2B) TechCrunch
- Sep 8, 2026Sep 8, 2026Invested in Mistral AI (Series D, €3B) The Register
- Sep 4, 2026Sep 4, 2026Invested in Gimlet Labs (Series B, $300M) GlobeNewswire
- Sep 1, 2026Sep 1, 2026Invested in Felix (Series C, $87M) Crunchbase News
- Sep 1, 2026Sep 1, 2026a16z's Growth Fund Hits $8.5B, Days After a New $1.1B Fund Pulse story
- Aug 31, 2026Aug 31, 2026A16Z's Machine Age Fund: What the $1.1B Is Actually For Pulse story
- Aug 31, 2026Aug 31, 2026a16z-Backed Group Buys Data Center Ads in Three States Pulse story
Funds
11| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Andreessen Horowitz Crypto Fund V | 2026 | $2.2B | CryptoCrypto venture · Multi-stage | As of May 5, 2026TechCrunch |
| Andreessen Horowitz Five new funds | 2026 | $15B+ | OtherMulti-strategy venture · Seed to growth | As of Jan 9, 2026Axios |
| Andreessen Horowitz American Dynamism Fund | 2023 | $600M | Other | As of 2023Wikipedia |
| Andreessen Horowitz Crypto Fund | 2022 | $4.5B | Crypto | As of May 2022Wikipedia |
| Andreessen Horowitz Fund VIII | 2022 | $2.5B | Flagship | As of Jan 21, 2022SEC EDGAR Form D |
Show 6 earlier funds
| Fund | Vintage | Size | Strategy | Source |
|---|---|---|---|---|
| Andreessen Horowitz 2022 Fund Raise | 2022 | $9B | OtherAcross venture capital, growth-stage, and biotech-focused funds | As of Jan 2022Wikipedia |
| Andreessen Horowitz Seed Fund I | 2021 | $400M | Seed | As of Sep 10, 2021SEC EDGAR Form D |
| Andreessen Horowitz Fund VII | 2020 | $1.25B | Flagship | As of Dec 2, 2020SEC EDGAR Form D |
| Andreessen Horowitz Second Cryptocurrency Fund | 2020 | $515M | Other | As of Apr 2020Wikipedia |
| Andreessen Horowitz Fund VI | 2019 | $750M | Flagship | As of May 14, 2019SEC EDGAR Form D |
| Andreessen Horowitz Fund V | 2016 | $999.617299M | Flagship | As of Jun 15, 2016SEC EDGAR Form D |
Portfolio
54 totalJeevesEliseAIOpenEvidenceDensityAIDatabricksBigHat BiosciencesMirendilAdaptiveOpenAIThatchTemporalThe Boring CompanyClayLightfieldCognitionMistral AIGimlet LabsFelixKalshiCastelionEtchedRilletCursorVals AIWhatnotBraveheart BioHadrianVolta InfraHappyRobotConvexBase PowerFunction HealthAnyscaleSafe SuperintelligenceScribe TherapeuticsAtomsCathedralNeoStandard NuclearProbookOllin BiosciencesOrnnOpenRouterAnduril IndustriesShield AISaronicReplitStripe
Recent Investment Activity
20Track record: led 25 and participated in 24 of 49 tracked venture rounds · 37 in the last 12 months · led 7 Series A, 4 Series C, 4 Seed, 3 Series B
Sector / Stage Activity
By sector (portfolio)
AI infra
17 · 31%
Enterprise SaaS
6 · 11%
Defense
6 · 11%
Biotech
4 · 7%
Developer tools
3 · 6%
Robotics
2 · 4%
Fintech
2 · 4%
Consumer
2 · 4%
Energy/Grid
1 · 2%
Semiconductors
1 · 2%
By stage (tracked rounds)
Series C
9 · 45%
Series A
9 · 45%
Series B
6 · 30%
Seed
6 · 30%
Series D
4 · 20%
Series E
2 · 10%
Series F
2 · 10%
Series A (reported)
1 · 5%
Strategic growth round
1 · 5%
Venture
1 · 5%
Co-Investors
12Value Add Research
- VC & Investing · Oct 1, 2026Best MBA Programs for VC in 2026: 8 Ranked
- VC & Investing · Sep 27, 2026How to Get a VC Internship With No Connections
- AI & Technology · Sep 24, 2026Temporal Valuation 2026: $12.55B Series E and $250M ARR Explained
- Strategy & Thesis · Sep 23, 2026Why AI Startups Are Raising Bigger Rounds, Less Traction
- VC & Investing · Sep 21, 2026What a VC Associate Actually Does Day to Day
- Strategy & Thesis · Sep 21, 2026Why VCs Are Building In-House Talent Networks
- Strategy & Thesis · Sep 19, 2026LP Consolidation in 2026: Why Investors Are Backing Fewer VC Funds
- Strategy & Thesis · Sep 18, 2026Why Generalist VC Funds Are Struggling to Raise in 2026
Latest Pulse
- Oct 1, 2026Kevin Mandia's Armadin Raises $255M At $2.5BKevin Mandia, who founded Mandiant before its $5.4 billion sale to Google, raised $255.5 million for his new AI agent-swarm security startup Armadin at a valuation exceeding $2.5 billion.→
- Oct 1, 2026Hilbert Raises $28M Series A For B2C AI AnalyticsHilbert raised a $28 million Series A led by Andreessen Horowitz in April 2026 to build AI-driven analytics for business-to-consumer brands.→
- Oct 1, 2026doxx.net Raises $38M To Rein In AI Agentsdoxx.net raised a $38 million Series A led by Andreessen Horowitz to build tighter authorization and oversight controls for autonomous AI agents acting on users' behalf.→
- Sep 30, 2026ElevenLabs Tender Doubles Valuation To $22BElevenLabs closed a $300 million employee tender offer that doubled its valuation to $22 billion, without the company raising a dollar of primary capital.→
- Sep 30, 2026Miami's Jeeves Raises $110M For Stablecoin BankingMiami-based Jeeves raised $110 million in equity funding led by CoinFund to scale its stablecoin-native banking platform and launch a wallet making payouts across 190 countries.→
- Sep 29, 2026EliseAI Raises $350M, Valuation Doubles To $4BEliseAI raised $350 million at a $4 billion valuation, doubling its mark from 13 months ago on the strength of $200M-plus in ARR from housing and healthcare operations automation.→
- Sep 28, 2026AMD Buys Fei-Fei Li's World Labs For $8.2BAMD is paying $8.2 billion in stock for Fei-Fei Li's spatial-intelligence startup World Labs, a direct answer to Nvidia's own world-model push and its pending Hugging Face acquisition.→
- Sep 28, 2026Health AI Raised $655M+ In Just Three DealsOpenEvidence, Precision Neuroscience and Rightway alone pulled in more than $655 million in late-September rounds, underscoring how much AI capital is now flowing into healthcare specifically.→
- Sep 25, 2026DensityAI, Founded By Ex-Tesla Dojo Leads, Nears $10BDensityAI, an AI chip and data center startup founded by former leaders of Tesla's Dojo supercomputer program, is in advanced talks for a round that would value the year-old company at $10 billion, led by Andreessen Horowitz.→
- Sep 25, 2026OpenEvidence Raises $250M Led By Andreessen HorowitzOpenEvidence, the Miami-based clinical search platform for physicians, raised a new $250 million round led by hospital systems and Andreessen Horowitz.→
- Sep 24, 2026BigHat Biosciences Raises $75M To Scale AI Antibody DesignBigHat Biosciences closed a $75 million Series C co-led by DFJ Growth and Premji Invest, taking total funding to $223 million as its AI-designed antibody-drug conjugate enters a Phase 1 trial for gastric cancer.→
- Sep 23, 2026Bessemer Raises $5.75B Across Two New AI FundsBessemer Venture Partners closed $5.75 billion across two new funds -- $1.75 billion for seed and early stage, $4 billion for growth -- to back AI-native founders from first check through late-stage rounds.→
- Sep 23, 2026Crusoe Lands $65M-A-Year Deal With Mira Murati's LabCrusoe and Thinking Machines Lab signed a $65 million annual deal to run inference for the lab's models on dedicated Nvidia HGX B200 systems, pushing Crusoe's managed-inference business past $100 million in contracted annual revenue.→
- Sep 22, 2026Mirendil In Talks To Raise At $5B, Up 5x In A QuarterMirendil, the self-improving-AI startup founded by two ex-Anthropic researchers three months ago, is reportedly in talks with Kleiner Perkins and Andreessen Horowitz to raise up to $1 billion at a $5 billion valuation.→
- Sep 21, 2026Temporal Raises $550M As Agentic AI Needs Durable CodeTemporal Technologies raised a $550 million Series E (announced September 14) at a $12.55 billion valuation led by Lightspeed, as demand for durable execution infrastructure grows alongside longer-running agentic AI workloads.→
- Sep 21, 2026Adaptive Raises $30M For Agentic Construction AccountingAdaptive raised a $30 million Series B led by Tidemark to expand its AI-driven construction accounting platform, which now runs financial workflows for more than 750 construction companies.→
- Sep 15, 2026Thatch Hits Unicorn Status As Health Costs SurgeThatch, an ICHRA marketplace that lets employers fund individual health plans instead of one group policy, raised a $108 million Series C at a $1 billion valuation as revenue grew nearly sevenfold over the past year.→
- Sep 15, 2026SoftBank's Payoff Shows Who's Really Financing The AI BoomSoftBank refinancing its OpenAI bridge loan with bonds and margin loans, not IPO proceeds, is more evidence that debt -- not venture equity -- has become the financing engine of the AI infrastructure buildout.→
- Sep 14, 2026Nine US Rounds, $8.7B, Ten Days: September's Real PaceValue Add Pulse totaled the nine largest US venture rounds of September 5-11 and found $8.7 billion committed, with three deals at $1 billion or more.→
- Sep 11, 2026Khosla Ventures Leaves Sand Hill Road For NYCKhosla Ventures is opening its first office outside Sand Hill Road, a 14th Street outpost in New York set to open this fall as the city overtakes the Bay Area in tech headcount.→
- Sep 10, 2026Boring Company Raises $3B At $23B, UAE LeadsElon Musk's tunneling venture The Boring Company raised $3 billion in a Series D led by the UAE, valuing the company at $23 billion -- a fourfold increase from 2022 -- to fund more than 150 kilometers of new tunnels across the Emirates.→
- Sep 9, 2026Cognition Raises $2B, Hits $48B ValuationAI coding startup Cognition raised more than $2 billion at a $48 billion valuation, nearly doubling its mark from four months ago as its annualized revenue grew from $492 million to $900 million.→
- Sep 9, 2026Clay Closes $115M Series D At $7.1BClay's AI go-to-market platform closed a $115 million Series D at a $7.1 billion valuation led by Wellington, confirming the $7 billion pre-money mark reported as a rumor eleven days earlier.→
- Sep 9, 2026Lightfield raises $47M to build CRM for the agent eraLightfield raised a $47 million Series A led by Andreessen Horowitz to build an AI-native CRM that automatically structures customer data from email, calendar, calls and Slack, positioning itself against Salesforce and HubSpot.→
- Sep 9, 2026Harvey Raises $550M At $15.5B ValuationLegal AI startup Harvey raised $550 million at a $15.5 billion valuation, nearly doubling in nine months across two rounds while building its own open-weight model instead of depending solely on OpenAI or Anthropic.→
- Sep 8, 2026Cognition hits $48B valuation on AI coding boomCognition, maker of the AI coding agent Devin, raised $2 billion at a $48 billion valuation just four months after being valued at $26 billion, with annualized revenue nearly doubling to $900 million.→
- Sep 8, 2026Hardware Is Getting Software's Round Sizes NowStoke Space's $1 billion round joins Castelion's $1.05 billion and Atoms' $1.7 billion as capital-intensive physical-hardware startups now command the round sizes and speed that used to be reserved for software.→
- Sep 8, 2026Venture Funding's 2026 Boom Is Really Fewer, Bigger BetsAugust's $42B in global venture funding, a $14.6B defense-tech record, and a wave of billion-dollar seed rounds all point to the same mechanism: more dollars chasing fewer, later-feeling deals.→
- Sep 8, 2026Robotics' $55.8B Year Looks Like Infra Spend, Not VentureRobotics companies have raised $55.8 billion in 2026, but the capital intensity and multi-year development cycles behind that number look more like project-finance infrastructure spending than a venture-return profile.→
- Sep 8, 2026Mistral Raises Another €3B to Sell Europe IndependenceMistral closed a €3 billion Series D at a valuation above €21 billion, led by Samsung Electronics and an EU-backed scaleup fund, betting that governments will pay a premium for AI infrastructure they control.→
- Sep 7, 2026Why I'd Rather Own the Robotaxi AggregatorUber put $100 million into Atoms and builds nothing itself, while Atoms, Waymo and Tesla carry the full capital and safety burden of running actual fleets -- that asymmetry is the whole argument.→
- Sep 7, 2026The Billion-Dollar Seed Round Is Now a CategoryThree AI labs have now raised a billion dollars or more in what their investors call a seed round, at valuations between $5 billion and $12 billion before shipping a product -- a pricing convention that did not exist two years ago.→
- Sep 7, 2026The Application Layer Is Where I'd Be Writing ChecksNearly $5 billion went into three compute-layer companies in a single week while the software built on top of that compute raised a fraction of it -- and the compute bets are credit trades wearing venture clothes.→
- Sep 7, 2026Kalanick's Atoms Quietly Preps a Robotaxi PushTravis Kalanick's holding company Atoms is preparing a hiring spree and acquisitions to enter the robotaxi business, months after raising $1.7 billion, and has held talks with Uber about using its self-driving technology.→
- Sep 7, 2026Defense Tech's Two Speeds: Hypersonics and Everyone ElseCastelion's $13 billion valuation and Shield AI's $12.7 billion mark show defense-tech capital concentrating hard in a handful of hardware primes-in-waiting, while smaller Tier 2/3 suppliers are left to roll up instead of raise.→
- Sep 6, 2026Kalanick's Atoms Is Building Robotaxi TechTravis Kalanick's robotics company, which raised $1.7 billion in a Series A led by Andreessen Horowitz with $100 million from Uber, is hiring and acquiring toward becoming an autonomous-vehicle player.→
- Sep 6, 2026Why AI Compute Swallowed the Week's Venture DollarsCrusoe, Fluidstack and Gimlet Labs closed $4.8 billion between them in five days, and every dollar landed in the layer between the chips and the models rather than in the applications built on top.→
- Sep 4, 2026XDOF Nears $1.2B Valuation Three Months Out of StealthThe robot training-data startup is in late-stage talks for a Series B led by 8VC, roughly three months after a $70 million Series A and with annualized revenue approaching $50 million.→
- Sep 4, 2026Gimlet Labs Hits $3B Valuation on Chip-Agnostic AI BetAndreessen Horowitz led a $300 million round for the startup that lets AI workloads run across Nvidia, AMD, and custom silicon interchangeably, with Arm and Microsoft's M12 joining as new backers.→
- Sep 4, 2026Thyme Care Doubles to $2B on Cancer NavigationMorgan Health led a $125 million Series E with Humana and CVS Health Ventures joining, as the Nashville company's oncology navigation service reached 135,000 actively treated patients.→
Andreessen Horowitz FAQ
What is Andreessen Horowitz's latest fund?
Andreessen Horowitz Crypto Fund V, closed at $2.2B (As of May 5, 2026; TechCrunch).
How large are Andreessen Horowitz's funds?
Andreessen Horowitz funds Value Add tracks include Andreessen Horowitz Crypto Fund V ($2.2B, 2026); Andreessen Horowitz Five new funds ($15B+, 2026); Andreessen Horowitz American Dynamism Fund ($600M, 2023); Andreessen Horowitz Crypto Fund ($4.5B, 2022), out of 11 Andreessen Horowitz funds tracked in total.
What companies has Andreessen Horowitz invested in?
Andreessen Horowitz's portfolio includes Jeeves, EliseAI, OpenEvidence, DensityAI, Databricks, BigHat Biosciences, and 48 more tracked companies.
Who does Andreessen Horowitz co-invest with most?
In the rounds Value Add tracks, Andreessen Horowitz most often invests alongside SV Angel (14 shared deals), Sequoia Capital (14 shared deals), Coatue Management (10 shared deals), General Catalyst (8 shared deals), Thrive Capital (7 shared deals).
Sources & methodologyshow
Where these figures come from
- Business Wireprimary source1 fact
- Castelionprimary source1 fact
- GlobeNewswireprimary source1 fact
- PR Newswireprimary source1 fact
- PR Newswireprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
- SEC EDGAR Form Dprimary source1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.