From Y Combinator to Coinbase Ventures, we use CB Insights data to break down Andreessen Horowitz’s investor network and how it might change moving forward.
Andreessen Horowitz (a16z) has made over 1,500 startup investments since its founding in 2009 — but it hasn’t done it all alone.
Over the years, the VC has built a global network of investment firms — including Y Combinator, Founders Fund, and Tiger Global Management — that it calls on to inform investments, open doors to new opportunities, and help grow its portfolio companies.
We used CB Insights data to track a16z’s investment syndicate relationships, or the network of investors who most frequently invest in companies before, with, and after a16z:
- Before relationships (feeder investors) show a16z’s most trusted pipelines for deal-sourcing.
- With relationships (co-investors) reflect the firms that a16z teams up with to drive deal flow.
- After relationships (follower investors) indicate who a16z relies on for follow-on investments to help portfolio companies grow and move toward an exit.
VCs, PE firms, CVCs, and limited partners (LPs) can use the a16z investment syndicate map to understand the most important relationships in a16z’s network. We rank the top 5 relationships below and dive into how they might change in the future.