Golden
Andreessen Horowitz (a16z)

Andreessen Horowitz (a16z)

Andreessen Horowitz (also named a16z) is a US venture capital firm, founded by Marc Andresseen and Ben Horowitz in 2009.

Founded in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (known as “a16z”) is a venture capital firm located at 2865 Sand Hill Road in Menlo Park, California that backs bold entrepreneurs building the future through technology. The firm is stage agnostic: a16z invests in seed to late-stage companies, and both consumer and enterprise technology companies. As of April 2018, a16z has raised $7.1B, across seven funds, including the $650M Bio funds.



Andreessen Horowitz built a network of technical and executive talent; media and marketing resources; Fortune 500/Global 2000 companies; as well as other technology decision makers, influencers, and opinion leaders. The firm uses this network to help their portfolio companies grow. Their operating teams provide entrepreneurs with access to expertise and insights across a range of topics.

Structure

Organization

As a venture capital firm, Andreesen Horowitz’s organizational structure is generally comprised of board partners, special advisors, operations team, and a group of in-house service specialists. The firm uses a Hollywood talent agency Creative Artists Agency model. Instead of having industry specific general partners, general partner works on behalf of all its portfolio companies. The in-house service specialists – whose skillset ranges from business development to recruiting – are meant to dispense their expertise to companies in Andreesen Horowitz’s portfolio.

Executive Briefing Center

Andreessen Horowitz also operates a facility that allows their portfolio companies to connect and network with established enterprises, called the Executive Briefing Center. The Executive Briefing Center is based both in California and New York. Established enterprises, who have been identified by their portfolio companies as potential customers, are invited to the center for a networking and presentation session of these companies’ products and services. For the established businesses in attendance, the session is an opportunity for them to be informed of the latest developments in their area of interest, alongside building possible partnerships with the presenting startups.

AH Bio Fund is a series of two Limited Partnership, Venture Capital, Pooled Investment Funds managed by Andreessen Horowitz.



AH Bio Fund I, L.P. specializes in Series A, seed, early-stage startup investments. The fund seeks to invest in software related biology, biotech, and medicine companies at the intersection of computer science and life sciences, with a focus on digital therapeutics, cloud technology in biology, and computational medicine robot. AH Bio Fund I raised $200M across 67 investors. It was announced on November 18, 2015.



AH Bio Fund II, L.P was announced on Dec 14, 2017 . The Andreessen Horowitz' second bio fund is a $450 million investment fund focused on the intersection of biology and engineering. As with the first bio fund, they invest across seed to growth.

History

In 2015, the venture firm Andreessen Horowitz launched a $200 million fund located in Menlo Park, CA, to invest in software, biology, and medicine, led by its ninth general partner, Vijay Pande. The Official name of the fund is AH Bio Fund I LP . The fund gathered $200M (18 Nov 2015) from 67 investors .

AH Bio Fund II, L.P is a venture capital fund located in Menlo Park, CA that invests in early-stage healthcare-focused information technology companies. This Andreessen Horowitz sponsored fund is led by Vijay Pande, the chair of Stanford University's chemistry department. The fund is an extension of the firm's early-stage information technology investment program, but differs in its focus on the healthcare sector.



The focus is in computational biomedicine, applying AI and ML to diagnostics and therapeutics; new bio utilities or tools that make it easier to "read", "write" or edit and synthesize DNA, as well as making advances in bioengineering itself.

Investments

AH Bio Fund I LP

This fund focuses on software companies built to enable and address biotech ideas. It makes roughly one Series A investment and 2-3 seed investments each quarter, on pace with other general partners at Andreessen Horowitz. The fund works closely with Y Combinator.

AH Bio Fund II

AH Bio Fund II invests in software companies which can benefit from the reduction in the costs of data storage, computational power, sensors to measure biological data, and genetic sequencing. AH Bio Fund II has identified computational biomedicine, new scientific utilities, and network effects in healthcare as areas of specific investment interest.

Timeline

May 1, 2019

Andreessen Horowitz closed on two new funds

One was a $750m early-stage fund and the other a $2b later-stage fund.

December 13, 2017

AH Bio Fund II

$450M

November 17, 2015

AH Bio Fund I LP

$200M

Funded Companies

211 Results
Company
Company
Description
Description
Website
Website
Industry
Industry
Location
Location

Golden is a company started in San Francisco, USA. The company is building an encyclopedia and knowledge tool. The founder and CEO of Golden is Jude Gomila.

A company offering an email client designed to be the fastest email experience. The company was founded by Conrad Irwin, Rahul Vohra, and Vivek Sodera in 2015 and is headquartered in San Francisco, California.

Online photo-sharing and social networking service.

Ripple is a global currency exchange and remittance network that aims to lower the cost and improve the speed of international bank transfers relative to legacy financial infrastructure.

Stripe is a financial technology company providing software that allows businesses and individuals to make and receive online payments.

Lyft is an American transportation network company. It designs, markets and operates a mobile application for matching drivers with passengers.

Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

Dfinity is a decentralized computing network currently in development using blockchain technology and algorithmic governance.

Airbnb provides an online platform for listing, searching and booking rental accommodations.

The Long-Term Stock Exchange is a financial services company and Securities Exchange.

Kong (formerly Mashape) is a San Francisco-based company that offers open source microservice API gateway.

An online sports streaming platform that is headquartered in Brooklyn, New York.

A technology company offering a platform for supporting the energy workforce.

Orchid Labs is a company developing the open source Orchid protocol, which is a peer-to-peer network and online marketplace for selling and buying internet bandwidth.

Instacart is an internet-based grocery delivery service company.

Mercury is a company making banking products for startups based in San Francisco and backed by a16z.

Propel builds software dedicated to helping low-income Americans improve their financial health with technology.

Branch offers microloans through a free-to-download Android app in emerging markets.

Fivetran is a California based data software company that helps analysts use cloud data warehouses to store and access their data.

Pinterest is a photo sharing, publishing website, social media web and mobile application company.

A women's bra and underwear company. It was founded in 2013 and is located in San Francisco, California. 

LendUp is a company building credit products that cater people with low credit or volatile income. It participated in the W12 cohort of Y Combinator.

Airware is an enterprise drone analytics company that enables businesses to harness aerial data and integrate it with existing information and workflows to improve efficiency, productivity and safety. The company provides aerial insights drone solutions for insurance, mining, construction and other industry.

An e-learning company that has a digital education platform. It was founded in 2011 and is located in Mountain View, California. 

Associated investment funds

32 Results
Investment Fund
Investment Fund
Total offering (USD)
Total offering (USD)
Total sold (USD)
Total sold (USD)
Location
Location
Date signed
Date signed
450,000,000
450,000,000
December 20, 2017
200,000,000
200,000,000
November 18, 2015
501,386,048
501,386,048
June 14, 2016
52,075,000
52,075,000
April 1, 2015
500,000,000
500,000,000
March 28, 2014
601,100,000
601,100,000
November 11, 2010
300,000,000
300,000,000
June 28, 2018
22,594,554
22,594,554
October 16, 2018
16,695,000
16,695,000
September 5, 2018
74,316,672
74,316,672
July 28, 2016
1,000,000,000
1,000,000,000
March 28, 2014
30,000,000
30,000,000
August 13, 2018
36,700,000
36,700,000
March 20, 2015
100,000,000
100,000,000
July 14, 2015

People

Name
Role
LinkedIn

Alex Rampell





Amanda Mulay

Employee



Andrew Chen





Balaji Srinivasan

Employee



Bart Dessaint

Employee







Ben Horowitz

Executive Officer



Chaz Flexman

Employee



Cheng Li

Employee







Chris Lyons

Employee



Connie Chan





Frank Chen





Fred Kang

Employee



Gina Bianchini

Employee



Grace Ellis

Employee



Jeff Jordan





John O' Farrell





Jorge Conde





Juliet Nyatta

Employee



Kristina Simmons

Employee



Louis Beryl

Employee







Marc Andreessen

Executive Officer



Martin Casado





Further reading

Title
Author
Link
Type
Date

a16z crypto



Web



Andreessen Horowitz has a new, $450 million bio fund



Web



Going Deeper Into Freenome



Web



Menlo Ventures dives into data-driven healthcare investing with its newest partner

Connie Loizos

Web



The One Health Company



Web



Top Silicon Valley VC Andreessen Horowitz is investing $450 million into biotech

Lydia Ramsey

Web



Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services

Accolade







Actifio







Affirm







AIQ







Airbnb







Allset







Alluxio







AltSchool







Ampersand







Anchorage







Anki







Apeel













Apollo













Apptio







Asana







Asimov







Asimov







Astranis







Atrium







Axoni







Barefoot







Beboop







Belong







References