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Multi-stageEst. 2009

Andreessen Horowitz

Backing AI companies from USA

🇺🇸USA·Marc Andreessen, Ben Horowitz, Martin Casado

$90B

Awaira Score

out of 100

Their investment focus: AI, Crypto, Enterprise, Consumer. They typically invest at the Multi-stage stage. With $90B under management, they've got the firepower to write big checks. They've backed 7 AI companies so far.

Investment Strategy Analysis

Based in USA, Andreessen Horowitz has built a focused investment practice around AI, Crypto, Enterprise, Consumer. Their Multi-stage focus suggests a fund structure optimized for the risk-return profile typical of that investment stage. Managing $90B across 7 known investments suggests a concentrated, high-conviction approach to AI investing. Awaira rates Andreessen Horowitz in the top tier of tracked AI investors based on portfolio performance, deal activity, and market presence.

Score

97/100

AUM

$90B

Portfolio Size

7

Founded

2009

Stage Focus

Multi-stage

Country

🇺🇸 USA

$90B

Total capital managed

7

Companies backed

Multi-stage

Preferred investment stage

Sum of all tracked company valuations

$565.6B

AICryptoEnterpriseConsumer

About Andreessen Horowitz

Andreessen Horowitz is a multi-stage venture capital firm founded in 2009, headquartered in USA, managing approximately $90B in assets under management. The firm concentrates on AI, Crypto, Enterprise, Consumer, deploying capital primarily at the multi-stage level. Notable AI portfolio companies include OpenAI, Databricks, Mistral AI, Character.AI, Anysphere, ElevenLabs. Andreessen Horowitz has participated in 60 funding rounds tracked by Awaira, deploying capital across AI, Crypto, Enterprise sectors. The firm's investment strategy emphasizes enterprise software and B2B AI applications. Awaira assigns Andreessen Horowitz an investor score of 97/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Andreessen Horowitz evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including OpenAI, Databricks, Mistral AI, Character.AI, Anysphere reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.

Founded: 2009

Foundation Models
3
AI Infrastructure
3
AI Security
2
AI Data
2
AI Healthcare
2
ML Platform
2
AI Audio
1
AI Legal
1

Portfolio Metrics

Companies

20

Categories

12

Top Sector

Foundation Models (3)

Avg Score

79/100

Sequoia Capital (28)Salesforce Ventures (9)General Catalyst (9)Lightspeed Venture Partners (6)Nvidia (6)Google (5)Founders Fund (5)Casdin Partners (4)

Rounds Led(10)

Series CLead Investor

Dec 2024

$2.1B

Series BLead Investor

Sep 2024

$50M

Series ALead Investor

Sep 2024

$230M

Series ALead Investor

Sep 2024

$1B

Series BLead Investor

Jun 2024

$415M

Series CLead Investor

Jan 2024

$200M

Series ALead Investor

Dec 2023

$415M

Series BLead Investor

Sep 2023

$100M

Series BLead Investor

Jun 2023

$25M

Series ALead Investor

Mar 2023

$150M

Andreessen Horowitz is a multi-stage venture capital firm founded in 2009, headquartered in USA, managing approximately $90B in assets under management. The firm concentrates on AI, Crypto, Enterprise, Consumer, deploying capital primarily at the multi-stage level. Notable AI portfolio companies include OpenAI, Databricks, Mistral AI, Character.AI, Anysphere, ElevenLabs. Andreessen Horowitz has participated in 60 funding rounds tracked by Awaira, deploying capital across AI, Crypto, Enterprise sectors. The firm's investment strategy emphasizes enterprise software and B2B AI applications. Awaira assigns Andreessen Horowitz an investor score of 97/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Andreessen Horowitz evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including OpenAI, Databricks, Mistral AI, Character.AI, Anysphere reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.

Marc Andreessen, Ben Horowitz, Martin Casado

Investment Track Record

AUM

$90B

Notable Deal

Andreessen Horowitz is a multi-stage venture capit...

Founded

2009

Stage

Multi-stage

Andreessen Horowitz manages $90B, deploying capital with conviction into AI opportunities that match their thesis.

Frequently Asked Questions

What is Andreessen Horowitz's AUM?
With roughly $90B under management, Andreessen Horowitz ranks among the active investors in the AI space. That capital is deployed across their portfolio of AI-focused bets.
What sectors does Andreessen Horowitz focus on?
Across their portfolio, Andreessen Horowitz has consistently backed companies in AI, Crypto, Enterprise, Consumer. These focus areas reflect where the firm sees the strongest risk-adjusted returns in AI.
How many portfolio companies does Andreessen Horowitz have?
Awaira currently tracks 7 companies in Andreessen Horowitz's portfolio. The actual number may be higher, as some early-stage investments are not publicly disclosed.
What stage does Andreessen Horowitz invest in?
The firm's sweet spot is Multi-stage investing. That said, strong conviction deals can pull them into earlier or later rounds depending on the company.
What is Andreessen Horowitz's most notable investment?
The most notable deal on record for Andreessen Horowitz is Andreessen Horowitz is a multi-stage venture capital firm founded in 2009, headquartered in USA, managing approximately $90B in assets under management. The firm concentrates on AI, Crypto, Enterprise, Consumer, deploying capital primarily at the multi-stage level. Notable AI portfolio companies include OpenAI, Databricks, Mistral AI, Character.AI, Anysphere, ElevenLabs. Andreessen Horowitz has participated in 60 funding rounds tracked by Awaira, deploying capital across AI, Crypto, Enterprise sectors. The firm's investment strategy emphasizes enterprise software and B2B AI applications. Awaira assigns Andreessen Horowitz an investor score of 97/100 based on portfolio strength, AI sector exposure, and market activity. The firm investment thesis centers on identifying AI companies that demonstrate strong technical moats, clear paths to revenue, and potential for category leadership within their respective segments. Andreessen Horowitz evaluates opportunities based on team quality, market timing, technology differentiation, and capital efficiency. Portfolio companies including OpenAI, Databricks, Mistral AI, Character.AI, Anysphere reflect the firm emphasis on backing founders who combine deep technical expertise with commercial execution capability.. It is the kind of investment that defines a fund's reputation in the AI ecosystem.