Andreessen Horowitz (a16z)
Venture capital firm investing across technology, growth, biotech and crypto.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- AH Capital Management, LLC
- Entity type
- COMPANY
- Founded
- 2009
- Headquarters
- United States
- Company size
- 501–1,000
- Market role
- Private Equity, VC & Investor
- Official website
- a16z.com
What Andreessen Horowitz (a16z) does
The firm creates value by raising closed-end investment funds, sourcing private company investments, supporting portfolio companies and seeking capital appreciation through exits. Revenue is generated through recurring fund management fees and performance-based carried interest, with scale enhanced by launching multiple specialist funds and maintaining a strong brand among both founders and LPs.
Category differentiation
This is a venture capital and investment management firm, not an adtech, martech or enterprise software vendor. It should be classified as an investor platform rather than as one of its portfolio companies or media properties.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Andreessen Horowitz (a16z) is a US venture capital firm operating legally as AH Capital Management, LLC. It raises pooled investment funds from limited partners and deploys that capital into private technology companies across multiple stages and themes, including venture, growth, biotech and crypto. Its customers are primarily institutional and high-net-worth limited partners allocating capital to the firm’s funds, while its operating counterparties are founders and private companies seeking investment and platform support.
Company news briefing
Briefing updated:
Andreessen Horowitz continues to scale its deep-tech footprint, anchored by its $1.1 billion Machine Age Fund targeting physical AI infrastructure. The firm has actively co-led Cognition's $2 billion Series E round at a $48 billion valuation, participated in Mistral AI’s €3 billion Series D financing, and led a $40 million Series A for AI benchmarking startup Vals, reinforcing its commitment to foundational developer tools, enterprise trust, and AI infrastructure.
Business model & monetisation
Core monetisation is fund-based asset management: recurring management fees on committed or managed capital, plus carried interest on realised investment gains. Additional economic value is tied to appreciation in portfolio holdings and the ability to raise subsequent, larger thematic funds.
- Fund management fees
- Recurring fees on committed or managed capital
- Carried interest
- Performance participation in realised investment gains
- Portfolio appreciation
- Value creation through equity holdings prior to exit
Products & capabilities
No products with linked sources are available in this view.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
a16z Releases State of Markets II Report
Financials · Recorded impact score: 3/5
Andreessen Horowitz (a16z) released the second edition of its State of Markets report, offering a comprehensive analysis of equity markets and technology trends in 2026. The report highlights technology's growing dominance in capital markets, contributing about 76% of S&P 500 earnings growth. A key theme is the shift from software to hardware, driven by AI infrastructure demand, with semiconductors and related industries surging. Despite heavy investment in GPUs, demand for compute still outpaces supply, and older chips like the A100 retain value. AI adoption remains immature, with only about 2% of U.S. households paying for AI services and few companies reporting quantified benefits. The report also notes a re-rating in public software, with more companies profitable but fewer growing rapidly, leading to a 'prove it' environment. Looking ahead, a16z expects AI to expand into new frontiers like robotics and biotech.
- a16z released the second edition of its State of Markets report on September 30, 2026.
- Technology contributed approximately 76% of S&P 500 earnings growth in 2026.
Explore company relationships
Questions about Andreessen Horowitz (a16z)
What is Andreessen Horowitz (a16z)?
It is a US venture capital firm that raises investment funds and backs private technology companies across multiple sectors and stages.
Who uses Andreessen Horowitz (a16z)?
Its direct financial customers are limited partners investing in its funds, while founders and private companies engage with it as a source of capital and strategic support.
How does Andreessen Horowitz (a16z) make money?
It primarily earns recurring management fees on funds and carried interest from profitable investment exits.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
12 publicly documented primary sources and citations linked across the market graph.
Continue your research on Andreessen Horowitz (a16z)
Explorer includes additional company details, a Watchlist for up to 25 companies and your personal Strategic Intelligence Agent. It monitors your market daily and delivers tailored briefings with clear strategic context whenever relevant news occurs.
Free, with no time limit.