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Andreessen Horowitz

Venture Capital · Founded 2009 · Menlo Park, United States

#5 Investor Ranking 2026 Top 0.1% of investors worldwide

Venture capital firm that backs bold entrepreneurs building the future through technology

1,188 Portfolio companies+86% in 5 years
218 Unicorns
44 Decacorns
2,064 Investments
Aug 2026 Last investment
02 · Biggest holdings

Andreessen Horowitz’s biggest current holdings.

Andreessen Horowitz is a named shareholder in 79 companies. Dealroom estimates those stakes are worth about $64.3B in total — the disclosed percentage × each company’s latest valuation. The 12 biggest are below, each sized by that estimate.

#CompanyEst. stakeValuationEst. value
  1. 1 StripeFintech · Centicorn 6.5% $159B $10.3B
  2. 2 AndurilSecurity · Decacorn 9.5% $61.0B $5.8B
  3. 3 OpenAIEnterprise Software · Centicorn 0.5% $852B $4.3B
  4. 4 WhatnotMedia · Decacorn 18.5% $20.0B $3.7B
  5. 5 DeelJobs Recruitment · Decacorn 14% $17.3B $2.4B
  6. 6 OpenSeaFintech · Decacorn 18% $13.3B $2.4B
  7. 7 16.7% $12.9B $2.2B
  8. 8 14% $15.0B $2.1B
  9. 9 14.2% $12.7B $1.8B
  10. 10 5% $32.0B $1.6B
  11. 11 16.5% $9.2B $1.5B
  12. 12 15% $9.0B $1.4B

Showing the 12 largest of 79 disclosed direct holdings.

6 companies hidden on this public profile. Estimated value = Andreessen Horowitz’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. Andreessen Horowitz also appears inside investor groups in ElevenLabs, Magic Leap, Mission Lane, SpaceX | xAI, Thinking Machines Lab, where a standalone stake isn’t disclosed. See the underlying shareholder registers on Dealroom →

03 · Exits

Andreessen Horowitz’s biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from Andreessen Horowitz’s transaction record.

$2.7T IPO · 2026
Entered Series B+Now $1.7TSpace
$47B IPO · 2020
Entered Series B+Now $97BTravel
$32B IPO · 2021
Entered SeedNow $90BFintech
$86B IPO · 2021
Entered Series B+Now $38BFintech
$60B acquisition · 2026
Entered Series AEnterprise Software
$45B IPO · 2021
Entered Series B+Now $26BGaming
$25B IPO · 2013
Now $33BMedia
$32B acquisition · 2025
Entered Series B+Security
$15B IPO · 2021
Entered Series B+Now $32BFintech
$6.4B IPO · 2024
Entered Series B+Now $28BMedia
$24B IPO · 2019
Entered Series B+Now $6.1BTransportation
$1.5B IPO · 2017
Entered Series ANow $24BSecurity
04 · Portfolio analysis

Where Andreessen Horowitz’s portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 1,188 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. USA1,074
  2. UK33
  3. Canada27
  4. Brazil12
  5. Germany9
  6. Australia7
  7. Israel7
  8. Switzerland7
  9. France6
  10. Singapore6
  11. Sweden6
  12. Colombia5
By sectorCount
  1. Enterprise Software349
  2. Fintech240
  3. Media147
  4. Health140
  5. Gaming104
  6. Security91
  7. Marketing72
  8. Transportation41
  9. Education40
  10. Telecom37
  11. Food36
  12. Real Estate36
By stage enteredCount
  1. Seed528
  2. Series A445
  3. Series B+210
By growth stageCount
  1. Breakout Stage464
  2. Early Growth421
  3. Late Growth372
  4. Mature2
05 · Portfolio market map

Inside Andreessen Horowitz’s portfolio.

The 60 highest-funded portfolio companies, of 1,188 tracked.

OpenAI
Enterprise Software · Centicorn
$852B
xAI
Enterprise Software · Centicorn
$250B
Waymo
Robotics · Centicorn
$126B
Databricks
Enterprise Software · Centicorn
$188B
Anduril
Security · Decacorn
$61B
SpaceX | xAI
Space · Gigacorn
$1.7T
Stripe
Fintech · Centicorn
$159B
Robinhood
Fintech · Decacorn
$90B
Anysphere | Cursor
Enterprise Software · Decacorn
$50B
Lyft
Transportation · Unicorn
$6.1B
Fanatics
Sports · Decacorn
$31B
Airbnb
Travel · Decacorn
$97B
Revolut
Fintech · Centicorn
$115B
Magic Leap
Gaming · Unicorn
$2.0B
Shield AI
Robotics · Decacorn
$13B
Safe Superintelligence
Enterprise Software · Decacorn
$32B
Mistral AI
Enterprise Software · Decacorn
$14B
Instacart
Food · Decacorn
$11B
Saronic Technologies
Robotics · Unicorn
$9.3B
Kalshi
Fintech · Decacorn
$22B
Flexport
Transportation · Unicorn
$8.0B
Base Power
Energy · Decacorn
$13B
Devoted Health
Health · Decacorn
$13B
Opendoor
Real Estate · Unicorn
$4.4B
Zipline
Robotics · Unicorn
$7.6B
Rappi
Food · Unicorn
$5.2B
Kavak
Transportation · Unicorn
$2.2B
Thinking Machines Lab
Enterprise Software · Decacorn
$12B
Wiz
Security · Decacorn
$32B
EQRx
Health
Hadrian
Robotics · Unicorn
$8.0B
X.
Media · Decacorn
$33B
Atoms
Robotics · Unicorn
$6.8B
Whatnot
Media · Decacorn
$20B
Pinterest
Media · Decacorn
$13B
Lime
Transportation · Unicorn
$2.4B
Slack
Enterprise Software · Decacorn
$23B
Freenome
Health · Unicorn
$1.3B
Plaid
Fintech · Unicorn
$8.0B
World Labs
Robotics · Unicorn
$5.0B
Harvey
Legal · Decacorn
$11B
Navan
Travel · Unicorn
$6.9B
Reddit
Media · Decacorn
$28B
Applied Intuition
Transportation · Decacorn
$15B
Affirm
Fintech · Decacorn
$32B
Carta
Legal · Unicorn
$7.4B
Groupon
Marketing · Unicorn
$1.1B
Circle
Fintech · Decacorn
$15B
KoBold Metals
Energy · Unicorn
$3.0B
Hopin
Event Tech
$38M
Mind Robotics
Robotics · Unicorn
$3.4B
Chaos Industries
Security · Unicorn
$4.5B
Luma AI
Media · Unicorn
$4.0B
Deel
Fintech · Decacorn
$17B
Fal
Media · Unicorn
$4.5B
Samsara
Enterprise Software · Decacorn
$23B
Etched
Semiconductors · Decacorn
$10B
Roblox
Gaming · Decacorn
$26B
SpotOn
Fintech · Unicorn
$3.6B
Forte
Gaming · Unicorn
$2.9B
06 · Portfolio founders

Where Andreessen Horowitz’s portfolio founders come from.

200 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. United States165
  2. United Kingdom7
  3. Brazil6
  4. Argentina5
  5. Israel4
  6. Mexico4
  7. France3
  8. Canada1
UniversityCount
  1. Massachusetts Institute of Technology22
  2. Harvard University19
  3. Stanford University12
  4. University of California, Berkeley11
  5. Carnegie Mellon University8
  6. Cornell University7
  7. University of Michigan6
  8. Wharton School of the University of Pennsylvania5
  9. MIT Sloan School of Management4
  10. University of Cambridge4
Previous companyCount
  1. Alphabet | Google27
  2. Microsoft13
  3. Massachusetts Institute of Technology9
  4. Meta8
  5. Goldman Sachs7
  6. McKinsey & Company6
  7. Palantir6
  8. Stanford University6
  9. Amazon5
  10. Apple5