Venture capital firm
Andreessen Horowitz portfolio
a16z.comAndreessen Horowitz is a venture capital firm based in Menlo Park, United States, founded in 2009. It has invested in 722 venture-backed companies across 1,166 funding rounds on VCMC, and led 501 of those rounds. 165 of them were in the last 12 months.
722
Venture-backed companies
in its portfolio on VCMC
1,166
Funding rounds
led 501
165
Last 12 months
rounds, Oct 2025 to Sep 2026
246
With a disclosed valuation
of 722 companies
$2.12T
Combined value of its private companies
the whole companies, not what Andreessen Horowitz owns
688 private companies Andreessen Horowitz has backed have a VCMC valuation; together they are worth $2.12T. That is the value of the whole companies, not what Andreessen Horowitz owns. OpenAI is 18% of the total. 34 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Andreessen Horowitz's most valuable portfolio companies
The 10 most valuable private companies Andreessen Horowitz has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 OpenAI Tech Companies, San Francisco $374.6B range $263.0B – $430.9B Joined at Growth, 2023
- 2 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Led at Series A, 2013
- 3 Stripe Payment Processing & Point of Sale, Paris $173.0B range $138.2B – $207.9B Led at Growth, 2018
- 4 Waymo Car Rental, Mountain View $155.4B range $109.5B – $193.5B Led at Series A, 2020
- 5 Revolut Banks & ATMs, London $78.1B range $61.5B – $91.0B Joined at Growth, 2025
- 6 Anduril Aerospace and Defence, Costa Mesa $68.6B range $53.0B – $91.2B Led at Series C, 2020
- 7 Safe Superintelligence Tech Companies, Palo Alto $50.2B range $35.1B – $77.7B Joined at Series A, 2024
- 8 Ripple Cryptocurrency, San Francisco $48.2B range $34.8B – $55.8B Joined at Series B, 2016
- 9 Mari Group Decorators & Interior Designers, Beverly Hills $37.4B range $22.3B – $56.9B Joined at Growth, 2025
- 10 Thinking Machines Lab Tech Companies, San Francisco $33.6B range $11.6B – $38.6B Led at Seed, 2025
Portfolio
Full Andreessen Horowitz portfolio (722 companies)
722 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | OpenAI Tech Companies · since Growth, 2023 | Other Mar 2026 $122.00B | $374.6B | $263.0B – $430.9B | $374.6B (0%) | $33.7B | 0% | 11,490 | growing | A | |
| 2 | Stripe Payment Processing & Point of Sale · led at Growth, 2018 | Growth Equity Feb 2026 $159.00B | $173.0B | $138.2B – $207.9B | $180.8B (+4%) | $17.7B | 0% | 16,600 | growing | A | |
| 3 | Revolut Banks & ATMs · since Growth, 2025 | Growth Equity Sep 2025 $2.00B | $78.1B | $61.5B – $91.0B | $67.8B (-13%) | $8.0B | 35% | 20,310 | flat | A | |
| 4 | Databricks Tech Companies · led at Series A, 2013 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 5 | Waymo Car Rental · led at Series A, 2020 | Debt Oct 2026 $5.00B | $155.4B | $109.5B – $193.5B | $168.2B (+8%) | $18.5B | 0% | 4,831 | growing | A | |
| 6 | Anduril Aerospace and Defence · led at Series C, 2020 | Series H May 2026 $5.00B | $68.6B | $53.0B – $91.2B | $79.3B (+16%) | $8.7B | 0% | 9,860 | growing | A | |
| 7 | Safe Superintelligence Tech Companies · since Series A, 2024 | Growth Equity Jul 2026 $5.00B | $50.2B | $35.1B – $77.7B | $54.7B (+9%) | $4.9B | 0% | 35 | growing | B | |
| 8 | Mistral AI Software Development Services · led at Series A, 2023 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 9 | The Boring Company Construction Services · since Series D, 2026 | Series D Sep 2026 $3.00B | $23.8B | $20.0B – $35.0B | $30.4B (+28%) | $3.3B | 0% | 800 | up | A | |
| 10 | Shield AI Aerospace and Defence · led at Series A, 2017 | Series G Mar 2026 $1.50B | $6.1B | $3.9B – $9.9B | $6.5B (+7%) | $583M | 0% | 1,940 | growing | B | |
| 11 | Polymarket Cryptocurrency · since Seed, 2020 | Growth Equity Aug 2026 $1.00B | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | 342 | growing | A | |
| 12 | Flexport Trucking and Logistics · led at Series E, 2022 | Debt Jan 2023 $260M | $6.3B | $698M – $11.0B | $5.9B (-5%) | $1.3B | 20% | 2,949 | flat | D | |
| 13 | Point Loans & Financing · since Series C, 2022 | Debt Dec 2025 $2.50B | $837M | $287M – $1.8B | $818M (-2%) | $141M | 17% | 542 | growing | C | |
| 14 | Magic Leap Tech Companies · since Series B, 2014 | Series G Oct 2021 $500M | $1.7B | $171M – $2.9B | $1.6B (-5%) | $282M | 22% | 1,221 | flat | D | |
| 15 | Saronic Technologies Aerospace and Defence · led at Series A, 2023 | Series D Mar 2026 $1.75B | $11.1B | $8.0B – $14.7B | $12.8B (+15%) | $1.4B | 0% | 1,363 | growing | B | |
| 16 | Kalshi Financial Services · led at Series D, 2025 | Series F May 2026 $1.00B | $25.2B | $19.1B – $34.0B | $29.6B (+17%) | $3.3B | 0% | 583 | growing | A | |
| 17 | Base Power Utility companies · led at Series B, 2025 | Series D Aug 2026 $1.00B | $13.8B | $11.3B – $19.4B | $16.9B (+23%) | $1.9B | 0% | 486 | growing | A | |
| 18 | Devoted Health Insurance - Agents, Carriers & Brokers · led at Series A, 2017 | Series F Nov 2025 $48M | $18.0B | $11.5B – $20.8B | $18.1B (+1%) | $2.0B | 0% | 2,371 | up | A | |
| 19 | Mari Group Decorators & Interior Designers · since Growth, 2025 | Growth Equity Oct 2025 $2.00B | $37.4B | $22.3B – $56.9B | $37.4B (0%) | $3.4B | 0% | 180 | growing | B | |
| 20 | Thinking Machines Lab Tech Companies · led at Seed, 2025 | Seed Jul 2025 $2.00B | $33.6B | $11.6B – $38.6B | $33.6B (0%) | $6.0B | 0% | 240 | growing | C | |
| 21 | Baseten Software Development Services · since Series B, 2024 | Series F Jun 2026 $1.50B | $14.7B | $11.3B – $21.5B | $18.7B (+27%) | $2.1B | 0% | 419 | growing | B | |
| 22 | Zipline Airline Companies · since Series F, 2023 | Series H Mar 2026 $800M | $8.9B | $6.6B – $11.4B | $9.9B (+11%) | $1.1B | 0% | 1,662 | unknown | A | |
| 23 | Kavak Hosting & Cloud Infrastructure Providers · led at Series F, 2026 | Series F Feb 2026 $300M | $10.4B | $7.6B – $13.0B | $11.3B (+9%) | $1.2B | 0% | 4,100 | unknown | A | |
| 24 | Hadrian Aerospace and Defence · led at Series A, 2022 | Series D Aug 2026 $1.37B | $8.3B | $6.8B – $11.8B | $10.2B (+23%) | $1.1B | 0% | 269 | flat | A | |
| 25 | Harvey Tech Companies · led at Series F, 2025 | Growth Equity Sep 2026 $550M | $15.7B | $13.5B – $19.6B | $17.1B (+9%) | $1.5B | 0% | 1,847 | growing | A | |
| 26 | Whatnot Tech Companies · led at Series A, 2021 | Series G Aug 2026 $545M | $21.1B | $17.4B – $29.9B | $26.0B (+23%) | $2.9B | 0% | 2,162 | growing | A | |
| 27 | Castelion Aerospace and Defence · led at Seed, 2023 | Series C Aug 2026 $1.00B | $13.6B | $11.3B – $19.4B | $16.9B (+24%) | $1.9B | 0% | 254 | growing | A | |
| 28 | Etched Electronical Components Manufacturing · since Growth, 2026 | Growth Equity Aug 2026 $700M | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | – | growing | A | |
| 29 | Plaid Payment Processing & Point of Sale · since Series C, 2018 | Growth Equity Apr 2025 $575M | $8.5B | $5.7B – $10.2B | $8.1B (-5%) | $832M | 18% | 5,107 | growing | A | |
| 30 | Astranis Aerospace and Defence · led at Series A, 2018 | Series E May 2026 $300M | $3.2B | $2.4B – $4.3B | $3.7B (+16%) | $410M | 0% | 563 | up | A | |
| 31 | World Labs Tech Companies · led at Growth, 2024 | Series B Feb 2026 $1.00B | $7.0B | $4.3B – $9.5B | $8.3B (+18%) | $911M | 0% | 105 | growing | B | |
| 32 | Temporal Tech Companies · led at Series D, 2026 | Series E Sep 2026 $550M | $12.9B | $10.9B – $18.8B | $16.3B (+26%) | $1.8B | 0% | 610 | growing | A | |
| 33 | KoBold Metals Mining & Gas Exploration · since Series C, 2025 | Series C Jan 2025 $537M | $4.4B | $3.0B – $5.1B | $4.4B (0%) | $489M | 0% | 366 | growing | A | |
| 34 | Applied Intuition Tech Companies · led at Series B, 2019 | Series F Jun 2025 $600M | $20.9B | $13.7B – $24.0B | $20.9B (0%) | $2.3B | 0% | 1,625 | growing | A | |
| 35 | SoundCloud Media Companies · since Series C, 2012 | Series F Aug 2017 $170M | $829M | $101M – $2.4B | $829M (0%) | $240M | 29% | 1,026 | up | D | |
| 36 | Ripple Cryptocurrency · since Series B, 2016 | Debt Aug 2026 $275M | $48.2B | $34.8B – $55.8B | $48.5B (+1%) | $4.4B | 0% | 2,258 | growing | A | |
| 37 | ElevenLabs Tech Companies · led at Series A, 2023 | Growth Equity Sep 2026 $300M | $22.1B | $19.1B – $27.8B | $24.2B (+9%) | $2.4B | 0% | 1,425 | growing | A | |
| 38 | RingCentral Tech Companies · led at Series C, 2021 | Series D Aug 2021 $450M | $11.8B | $1.2B – $21.0B | $11.2B (-5%) | $2.0B | 24% | 310 | unknown | D | |
| 39 | Deel Software Development Services · led at Series A, 2020 | Series E Oct 2025 $300M | $18.4B | $15.0B – $21.2B | $15.1B (-18%) | $2.6B | 81% | 9,646 | flat | A | |
| 40 | Luma AI Tech Companies · led at Series B, 2024 | Series C Nov 2025 $900M | $4.8B | $3.5B – $5.6B | $4.5B (-5%) | $572M | 27% | 191 | flat | A | |
| 41 | Carta Tech Companies · led at Series E, 2019 | Series G Aug 2021 $500M | $10.2B | $4.0B – $16.0B | $10.1B (-1%) | $1.5B | 5% | 5,814 | growing | C | |
| 42 | Tanium Tech Companies · led at Series E, 2014 | Growth Equity Jan 2021 $150M | $3.7B | $264M – $5.9B | $3.7B (0%) | $413M | 0% | 2,321 | flat | D | |
| 43 | Forte Tech Companies · since Series A, 2021 | Series B Nov 2021 $725M | $4.4B | $230M – $9.1B | $4.4B (0%) | $726M | 5% | 350 | unknown | D | |
| 44 | Flow Real Estate Rental · led at Growth, 2022 | Growth Equity Apr 2025 $100M | $3.0B | $2.2B – $3.4B | $3.0B (0%) | $325M | 0% | 463 | growing | A | |
| 45 | Cross River Banks & ATMs · led at Growth, 2018 | Growth Equity Mar 2026 $50M | $3.2B | $2.6B – $3.8B | $3.3B (+4%) | $298M | 0% | 1,646 | flat | A | |
| 46 | SpotOn Payment Processing & Point of Sale · led at Series D, 2021 | Series F May 2022 $300M | $3.8B | $411M – $5.0B | $3.5B (-8%) | $537M | 8% | 2,675 | flat | D | |
| 47 | Rappi Groceries Delivery · since Series C, 2018 | Series F Jul 2021 $500M | $6.8B | $456M – $7.9B | $6.8B (0%) | $916M | 0% | – | unknown | D | |
| 48 | Replit Tech Companies · led at Seed, 2018 | Growth Equity Mar 2026 $400M | $10.5B | $7.8B – $13.3B | $11.6B (+10%) | $1.0B | 0% | 709 | growing | A | |
| 49 | Function Health Medical Laboratories · led at Series A, 2024 | Growth Equity Jul 2026 $450M | $2.6B | $2.2B – $3.2B | $2.8B (+8%) | $248M | 0% | – | up | A | |
| 50 | Abridge Tech Companies · led at Series E, 2026 | Series E Apr 2026 $316M | $6.2B | $4.6B – $8.2B | $7.1B (+14%) | $780M | 0% | 677 | growing | A |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Andreessen Horowitz invests: stages, industries and countries
Most of its rounds are Series C and later (30%). Its companies span 93 industries, most in Tech Companies, Software Development Services and Cryptocurrency, across 35 countries.
Rounds by stage
- Pre-seed 22
- Seed 243
- Series A 308
- Series B 241
- Series C and later 351
- Other venture 1
Investments by industry
- Tech Companies 400
- Software Development Services 40
- Cryptocurrency 23
- Payment Processing & Point of Sale 23
- Biotechnology 20
- Video Games - Development & Publishing 15
- Aerospace and Defence 12
- Hosting & Cloud Infrastructure Providers 9
Investments by country
- United States 610
- United Kingdom 19
- France 10
- Canada 9
- Brazil 7
- Cayman Islands 6
Recent rounds
Andreessen Horowitz's latest investments
Andreessen Horowitz's most recent funding rounds, newest first. 165 rounds in the last 12 months.
- Series A $20M 21 Oct 2026
- Series C $325M 20 Oct 2026
- Series B $108M 19 Oct 2026
- Series A $18M 15 Oct 2026
- Seed, led $9.8M 14 Oct 2026
- Series E $100M 14 Oct 2026
- Seed, led $8.0M 14 Oct 2026
- Seed $6.1M 14 Oct 2026
- Seed, led $3.5M 12 Oct 2026
- Series A, led $870M 9 Oct 2026
Co-investors
Andreessen Horowitz's top co-investors
The investors that most often join the same rounds as Andreessen Horowitz. Y Combinator leads, with 106 rounds together.
- Y Combinator 106 rounds together
- General Catalyst 104 rounds together
- Sequoia Capital 96 rounds together
- Founders Fund 80 rounds together
- Lightspeed Venture Partners 67 rounds together
- Kleiner Perkins 60 rounds together
- SV Angel 56 rounds together
- Index Ventures 54 rounds together
- Coatue 54 rounds together
- GV 53 rounds together
About
About Andreessen Horowitz
AH Capital Management, LLC, known as Andreessen Horowitz, is an American venture capital firm that invests in early-stage and growth companies across sectors such as bio + healthcare, consumer, enterprise, crypto, fintech, infrastructure, and software. The firm also operates as an investment bank and provides strategic partnerships and events to support its portfolio companies. Its operations include a network of technical, executive, marketing, and communications resources, as well as access to industry experts and Fortune 500 companies.
Description from Veridion's company data.
- Founded
- 2009
- Based in
- Menlo Park, United States
- Team
- 937 people, +8% in a year
- Type
- Venture capital firm
Focus markets
- Healthcare
- Consumer Goods
- Cryptocurrency
- Gaming
- Fintech
- Education
- Enterprise IT
- Software as a Service
What Andreessen Horowitz offers
- Venture Capital Investment Services
- Early-Stage Startup Investment Services
- Growth Company Investment Services
- Industry-Specific Investment Services
- Strategic Partnership Development Services
- Portfolio Company Advisory Services
- Technical Expertise Access Services
- Executive Network Access Services
Questions
Andreessen Horowitz: frequently asked questions
How many companies has Andreessen Horowitz invested in?
722 venture-backed companies on VCMC, across 1,166 funding rounds.
What are Andreessen Horowitz's most valuable private companies?
OpenAI ($374.6B), Databricks ($193.6B), Stripe ($173.0B), by VCMC's valuation.
What was Andreessen Horowitz's latest investment?
Longeye, a Series A round in Oct 2026 of $20M.
Which stages does Andreessen Horowitz invest in?
Andreessen Horowitz invests most often at Series C and later (351 rounds), followed by Series A (308) and seed (243). It has also joined 241 Series B, 22 pre-seed and 1 other venture rounds.
What is Andreessen Horowitz's portfolio worth?
Its private companies with a VCMC valuation are worth $2.12T together. That is the sum of the companies' values, not what Andreessen Horowitz owns.
Who does Andreessen Horowitz invest alongside?
Y Combinator (106 rounds), General Catalyst (104 rounds), Sequoia Capital (96 rounds).