
Andreessen Horowitz
Description
Andreessen Horowitz (a16z) is a prominent venture capital firm established in 2009 by technology luminaries Marc Andreessen and Ben Horowitz. Headquartered in Menlo Park, California, a16z quickly distinguished itself from traditional VC firms with its "software is eating the world" thesis, focusing on disruptive technologies across various sectors. The firm operates as a stage-agnostic investor, deploying capital from seed to growth stages, and has become a significant force in the global technology ecosystem.
A defining characteristic of a16z's approach is its "VC as a service" model, providing extensive operational support to its portfolio companies through a dedicated team of operating partners specializing in areas like talent, marketing, and business development. This hands-on strategy aims to help founders build enduring companies beyond just capital injection. The firm manages substantial assets, with over $35 billion in assets under management across its diverse range of funds, including dedicated vehicles for crypto, bio+health, fintech, and games.
a16z has built an impressive portfolio of companies that have reshaped industries, including early investments in giants like Facebook, Twitter, Airbnb, and Coinbase. More recently, their portfolio includes leading companies such as Stripe, Figma, and Roblox. The firm continues to raise significant capital, demonstrating its commitment to new frontiers; for instance, in 2023, they announced the close of $7.2 billion across three new funds targeting growth, early-stage, and seed investments, underscoring their broad investment mandate. Their influence extends beyond funding, as they are also prolific content creators, sharing insights through podcasts and articles that shape industry discourse.
Andreessen Horowitz's stage-agnostic strategy means their initial check sizes vary considerably. For seed-stage companies, they typically invest from $500,000, providing crucial early capital to nascent ventures. At the other end of the spectrum, for growth-stage companies, their first checks can extend up to $150,000,000 or more, often leading significant funding rounds for more mature private companies seeking to scale rapidly. This wide range reflects their commitment to supporting companies throughout their entire lifecycle.
Investor Profile
Andreessen Horowitz has backed more than 1,653 startups, with 133 new investments in the last 12 months alone. The firm has led 728 rounds, about 44% of its total and boasts 226 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
- Led 60 rounds in the past year.
- Typical check size: $500K – $150M.
Stage Focus
- Series A (26%)
- Seed (24%)
- Series B (19%)
- Series C (11%)
- Series D (6%)
- Series Unknown (5%)
- Series E (3%)
- Pre Seed (1%)
- Series F (1%)
- Initial Coin Offering (1%)
Country Focus
- United States (90%)
- Canada (2%)
- United Kingdom (1%)
- Colombia (1%)
- Brazil (1%)
- Germany (1%)
Industry Focus
- Software
- Information Technology
- Artificial Intelligence (Ai)
- Enterprise Software
- Saas
- Fintech
- Analytics
- Financial Services
- Health Care
- Internet
Frequently Asked Questions
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