Andreessen Horowitz

Venture Capital

Profile

Founded
2009
Headquarters
Menlo Park, US
Investments
403
Companies
139

Capital

Total Deployed
$137.5B
Lead Rounds
173
Website
a16z.com

Portfolio

139 companies
OpenAI $167.9B
Private San Francisco, US

AI research company building artificial general intelligence, creator of ChatGPT, GPT-4, DALL-E, and the OpenAI API platform.

xAI $42.1B
Acquired San Francisco, US

Artificial intelligence company founded by Elon Musk that builds large language models and the Grok chatbot, with the mission to understand the true nature of the universe.

Waymo $27.1B
Private Mountain View, US

Autonomous driving technology company, formerly the Google self-driving car project.

Databricks $20.0B
Private San Francisco, US

Data and AI company that provides a unified analytics platform built on Apache Spark, enabling data engineering, data science, and machine learning at scale.

SpaceX $11.9B
Private Starbase, US

Aerospace manufacturer and space transportation company designing, manufacturing, and launching advanced rockets and spacecraft with the goal of enabling human life on Mars.

Stripe $7.9B
Private San Francisco, US

Online payment processing and financial infrastructure platform

Anduril Industries $6.3B
Private Costa Mesa, United States

Anduril Industries is a defense technology company building autonomous systems, AI software, and sensor hardware for military and national security applications. Founded by Oculus VR creator Palmer Luckey and former Palantir employees, the company builds products including autonomous drones, surveillance towers, underwater vehicles, and the Lattice AI platform that integrates sensors and effectors into a unified command-and-control system.

Robinhood $4.7B
Public Menlo Park, US

Financial services platform offering commission-free stock, ETF, options, and cryptocurrency trading through its mobile app, pioneering zero-commission retail investing.

Lyft $4.6B
Private San Francisco, United States

Lyft is a ride-sharing and transportation company offering on-demand rides, bikes, scooters, and transit information through its mobile app. Founded as Zimride in 2007 and relaunched as Lyft in 2012, the company operates across the United States and Canada, serving approximately 95% of the U.S. population.

Magic Leap $4.4B
Private Plantation, United States

Magic Leap is an augmented reality company that develops lightweight wearable devices for spatial computing. The company builds AR headsets that overlay digital content onto the physical world, initially targeting consumers before pivoting to enterprise use cases.

Anysphere $3.4B
Private San Francisco, US

Anysphere builds Cursor, an AI-powered code editor that helps developers write, refactor, and review code using natural language. Founded by four MIT students in 2022, the company has grown to over $1 billion in annualized revenue and is one of the fastest-growing SaaS companies in history.

Airbnb $3.3B
Public San Francisco, US

Online marketplace for short-term lodging and experiences

Mistral AI $3.2B
Private Paris, FR

French artificial intelligence company that develops open-weight and proprietary large language models, offering frontier AI through its platform La Plateforme and chatbot Le Chat.

Instacart $2.9B
Public San Francisco, US

Online grocery delivery and pick-up platform connecting customers with personal shoppers. One of the largest grocery technology companies in the US.

Flexport $2.4B
Private San Francisco, US

Technology-powered freight forwarder and supply chain logistics platform that moves goods globally by ocean, air, truck, and rail, providing end-to-end visibility and data-driven supply chain management.

Rappi $2.3B
Private Bogota, CO

Latin American super-app providing on-demand delivery of food, groceries, and goods, along with digital financial services including payments, credit cards, and banking across nine countries in the region.

Devoted Health $2.1B
Private Waltham, United States

Devoted Health is a technology-driven health insurance company focused on Medicare Advantage plans for seniors. The company combines a full-stack health plan with proprietary technology to deliver personalized care, guide navigation, and clinical programs designed to dramatically improve the health and well-being of older Americans.

Wiz $1.9B
Acquired New York, US

Cloud security company that provides a unified platform for cloud-native application protection, enabling organizations to rapidly identify and remediate critical risks across their cloud environments.

Zipline $1.8B
Private San Francisco, United States

Zipline designs, manufactures, and operates autonomous delivery drones, running the world's largest commercial autonomous logistics network. The company began delivering blood and medical supplies to remote clinics in Rwanda in 2016 and has expanded to seven countries and consumer deliveries with partners like Walmart. Zipline has completed over 2 million commercial drone deliveries.

Kalshi $1.5B
Private New York, New York, United States

The first federally regulated prediction market exchange in the United States, approved by the CFTC as a Designated Contract Market in 2020. Enables users to trade event contracts on real-world outcomes spanning economics, politics, weather, sports, and culture. Emerged from Y Combinator's W19 batch.

Affirm $1.5B
Public San Francisco, US

Affirm is a financial technology company that provides buy now, pay later (BNPL) services, offering consumers transparent installment payment options at the point of sale. Founded by PayPal co-founder Max Levchin, it is the largest U.S.-based BNPL platform.

Pinterest $1.5B
Public San Francisco, US

Visual discovery and bookmarking platform where users find and save ideas for recipes, home decor, fashion, travel, and more through image-based 'Pins' organized on boards, serving over 450 million monthly active users.

Slack $1.4B
Acquired San Francisco, US

Workplace messaging and collaboration platform that transformed business communication. Originally built as an internal tool at Tiny Speck during development of the game Glitch, then pivoted to become the fastest-growing enterprise software company in history.

Navan $1.3B
Public Palo Alto, California, United States

All-in-one corporate travel, payments, and expense management platform (formerly TripActions). Combines travel booking, corporate-issued payment cards, expense reporting, and analytics for businesses. Serves over 10,000 customers globally and went public on the Nasdaq (NAVN) in October 2025.

Opendoor $1.3B
Public San Francisco, United States

Opendoor is a digital real estate platform that pioneered the iBuying model, enabling homeowners to sell their homes online with instant cash offers. The company uses data science and pricing algorithms to buy, renovate, and resell residential homes.

Freenome $1.3B
Private South San Francisco, California, United States

Biotech company developing AI-powered multiomics blood tests for early cancer detection. Its platform analyzes cell-free DNA, methylation patterns, and protein biomarkers from routine blood draws to screen for cancers in their earliest stages. Lead product SimpleScreen targets FDA approval for colorectal cancer screening.

Reddit $1.3B
Public San Francisco, US

Social news aggregation and discussion platform where users submit, vote on, and discuss content across millions of community-driven forums called subreddits.

Plaid $1.3B
Private San Francisco, US

Fintech infrastructure company that builds data connectivity tools to power the apps in people's financial lives, providing APIs to connect applications with users' bank accounts.

Shield AI $1.3B
Private San Diego, California, United States

Defense technology company building autonomous AI pilot software and unmanned aircraft systems. Its flagship Hivemind software enables teams of aircraft to execute missions autonomously without GPS, communications, or remote pilots. Also develops the Nova quadcopter and V-BAT vertical takeoff drone.

Base Power Company $1.3B
Private Austin, Texas, United States

Austin-based energy technology startup that manufactures, installs, owns, and operates residential battery storage systems to provide homes with affordable, reliable backup power. The company operates as both a licensed electricity provider and a virtual power plant, pooling thousands of home batteries into a distributed energy network that strengthens the grid.

World Labs $1.2B
Private San Francisco, United States

World Labs is a spatial intelligence AI company building Large World Models that can perceive, generate, reason about, and interact with 3D environments. Founded by AI pioneer Fei-Fei Li, its flagship product Marble enables users to create high-fidelity, persistent 3D worlds from images, video, or text prompts.

Applied Intuition $1.2B
Private Mountain View, United States

Applied Intuition is a vehicle software supplier that builds simulation, validation, and development tools for autonomous driving and ADAS. The company serves 18 of the top 20 global automakers and has expanded from pure simulation into a full autonomy stack, incorporating generative AI capabilities for automotive, trucking, mining, agriculture, and defense industries.

Carta $1.2B
Private San Francisco, United States

Carta is an ownership management platform that helps companies, investors, and employees manage equity and ownership. The company provides cap table management, 409A valuations, fund administration, and equity plan management, serving over 35,000 startups and 200+ venture funds.

Harvey $1.0B
Private San Francisco, United States

Harvey builds domain-specific AI for legal and professional services. The platform streamlines workflows in contract analysis, due diligence, compliance, and litigation, serving over 1,000 customers in 60+ countries including global law firms and Fortune 500 enterprises.

Zynga $1.0B
Acquired San Francisco, United States

Zynga was a social game developer and operator known for creating some of the most popular games on Facebook and mobile platforms, including FarmVille, Words With Friends, and Zynga Poker. The company pioneered free-to-play social gaming and became one of the largest game developers in the world before being acquired by Take-Two Interactive in 2022.

Deel $979M
Private San Francisco, US

Global HR and payroll platform that enables companies to hire, pay, and manage workers and contractors in over 150 countries, handling compliance, taxes, and benefits.

Whatnot $974M
Private Los Angeles, US

Live-stream shopping marketplace where buyers and sellers connect in real-time video auctions. Originally focused on collectibles like Funko Pops and Pokemon cards, now expanded to dozens of categories including sports cards, sneakers, fashion, electronics, and art.

Lime $947M
Private San Francisco, United States

Lime is the world's largest shared electric vehicle company, providing electric scooter, e-bike, and e-moped rentals in over 280 cities across nearly 30 countries. The company reported $686 million in revenue for 2024 and has been free cash flow positive for two consecutive years.

Samsara $930M
Private San Francisco, United States

Pioneer of the Connected Operations Cloud, combining IoT hardware (sensors, telematics devices, AI-powered dash cams) with cloud-based software to help organizations improve safety, efficiency, and sustainability. Serves tens of thousands of customers across transportation, logistics, construction, and manufacturing. IPO'd on the NYSE in December 2021.

Roblox $920M
Public San Mateo, United States

Roblox is a global online platform that allows users to create, share, and play immersive 3D experiences built by its community of developers. The platform serves as both a game engine and a social network, with tens of millions of daily active users.

SpotOn $895M
Private San Francisco, United States

SpotOn is a software and payments platform for restaurants and small businesses, offering point-of-sale systems, online ordering, marketing tools, and workforce management. Founded by twin brothers Matt and Zach Hyman, the company serves as an all-in-one operating system that helps merchants run and grow their businesses.

Ripple $794M
Private San Francisco, US

Enterprise blockchain company providing global financial settlement solutions. Its technology, including the XRP Ledger and RippleNet, enables real-time cross-border payments for financial institutions. One of the most prominent companies in cryptocurrency and decentralized finance.

ElevenLabs $781M
Private New York, US

AI voice technology company specializing in realistic speech synthesis, voice cloning, and multilingual text-to-speech.

Astranis $758M
Private San Francisco, United States

Astranis builds small geostationary broadband satellites (MicroGEO) that are roughly 1/20th the size of traditional GEO spacecraft, drastically reducing manufacturing and launch costs. The company operates the satellites it builds and leases dedicated capacity to telecom and internet service providers, connecting underserved regions worldwide.

Figma $749M
Public San Francisco, US

Collaborative interface design tool that runs in the browser, enabling real-time multiplayer editing for design teams.

Skydio $740M
Private San Mateo, United States

Skydio is an American autonomous drone manufacturer that builds AI-powered drones for enterprise, public safety, and defense applications. The largest drone manufacturer in the United States, its autonomous flight platform is used by over 1,200 organizations including the U.S. Department of Defense.

Fivetran $725M
Private Oakland, US

Automated data movement platform that reliably moves data from 700+ sources including SaaS applications, databases, and files to data warehouses, data lakes, and other destinations.

Apeel Sciences $715M
Private Goleta, United States

Apeel Sciences develops plant-derived, edible coatings that extend the shelf life of fresh produce by slowing water loss and oxidation. Founded with a Bill and Melinda Gates Foundation grant, the company's FDA-approved coatings are made from lipids found in fruit peels, enabling longer freshness without refrigeration. Used by major retailers including Costco, Kroger, and Walmart.

Flock Safety $658M
Private Atlanta, US

Flock Safety builds an integrated public safety platform combining AI-powered license plate readers, gunshot detection, video surveillance cameras, and Drone As First Responder technology. The company's technology is deployed in over 5,000 communities and 4,800 law enforcement agencies across the U.S., helping solve hundreds of crimes per day.

Temporal Technologies $650M
Private Bellevue, US

Open-source durable execution platform for building reliable distributed applications. Provides "virtual durable memory" that maintains application state across failures. Critical execution layer for AI agents in production, used by OpenAI, Anthropic, Netflix, JPMorgan Chase, Snap, Airbnb, and Stripe.

Hadrian $626M
Private Los Angeles, United States

Hadrian is building autonomous factories for precision manufacturing, using AI and robotics to produce complex parts for aerospace, defense, and space companies. The company operates software-defined factories where AI plans machining operations, robots handle material flow, and the system continuously optimizes for quality and throughput. Hadrian aims to rebuild America's precision manufacturing capacity to support national security and space exploration.

Honor $622M
Private San Francisco, United States

Home care technology company that combines workforce management technology with personalized in-home care services for aging adults. Acquired Home Instead in 2021 to become the world's largest home care network, operating across more than 800 cities in the United States through the Honor Care Network.

Dapper Labs $605M
Private Vancouver, Canada

Dapper Labs builds consumer applications for the tokenized economy, creating CryptoKitties (which introduced the ERC-721 NFT standard), NBA Top Shot, NFL ALL DAY, and the Flow blockchain. The company is one of the most prominent in the NFT and Web3 space, enabling people to own, earn, and trade digital assets from major brands.

Anchorage Digital $587M
Private San Francisco, United States

Anchorage Digital is America's first federally chartered cryptocurrency bank, providing institutional-grade custody, trading, staking, governance, and settlement services for digital assets. Founded by former Square and Docker security engineers, the company received its national trust bank charter from the Office of the Comptroller of the Currency in January 2021.

Zenefits $584M
Acquired San Francisco, United States

Zenefits was a cloud-based human resources platform that offered free HR software to small and mid-sized businesses, handling payroll, benefits administration, and compliance. The company rose rapidly through Y Combinator to a $4.5 billion valuation but collapsed after regulatory scandals revealed unlicensed insurance brokerage. Acquired by TriNet in 2022.

Illumio $558M
Private Sunnyvale, United States

Illumio is a cybersecurity company that provides zero trust segmentation solutions to prevent breaches from spreading across data centers, cloud environments, and endpoints. The platform uses real-time visibility and automated policy enforcement to contain attacks, serving more than 20% of the Fortune 100.

Greenlight Financial Technology $553M
Private Atlanta, United States

Family fintech platform providing a debit card and money management app for parents and kids. Offers parent-managed spending controls, allowance management, chore tracking, savings goals, and stock investing tools for children ages 5 to 17. Reached a $2.3 billion valuation and serves millions of families.

Box $552M
Public Redwood City, United States

Box is a cloud content management and file sharing platform for businesses. The company helps organizations securely manage, share, and collaborate on content across their enterprise, serving over 100,000 businesses worldwide.

Alchemy $545M
Private San Francisco, United States

Alchemy is a blockchain infrastructure and developer platform often described as the 'AWS of blockchain.' The company provides APIs, node infrastructure, and developer tools that power the majority of top Web3 applications, including OpenSea, MetaMask, and Robinhood. Alchemy handles over $100B in annualized on-chain transactions and serves developers across 197 countries.

ClickUp $535M
Private San Diego, US

ClickUp is an all-in-one productivity and project management platform that consolidates tasks, docs, chat, goals, and whiteboards into a single workspace. The company serves over 20 million users globally and was bootstrapped to $20M ARR before taking outside funding.

Radiant Industries $519M
Private El Segundo, United States

Radiant Industries develops portable nuclear microreactors designed to replace diesel generators with clean, zero-emissions power. The company's flagship product, Kaleidos, is a 1 MW reactor that fits inside a shipping container. Founded by former SpaceX engineers, Radiant plans to mass-produce microreactors from its factory in Oak Ridge, Tennessee.

Coinbase $506M
Public San Francisco, US

Cryptocurrency exchange and blockchain platform

GOAT Group $493M
Private Culver City, US

Global managed marketplace for authentic sneakers, apparel, and accessories. Operates four brands: GOAT, Flight Club, Grailed, and alias. Features a ship-to-verify authentication model ensuring product legitimacy, serving over 50 million members across 170 countries.

OpenSea $427M
Private New York, United States

OpenSea is a decentralized marketplace for NFTs and digital assets. Originally the world's largest NFT marketplace, the platform has evolved into a multi-chain trading platform supporting NFTs and token trading across 22+ blockchains. Founded after being inspired by CryptoKitties, the platform relaunched as OS2 in 2025 with cross-chain functionality and reduced fees.

dbt Labs $416M
Private Philadelphia, United States

dbt Labs is the company behind dbt (data build tool), an open-source analytics engineering framework that enables data teams to transform data in their warehouses using SQL. Originally founded as Fishtown Analytics, the company signed a definitive agreement to merge with Fivetran in October 2025 in an all-stock deal, creating a combined data infrastructure company approaching $600M in ARR.

Starburst $414M
Private Boston, United States

Starburst is the commercial company behind Trino (formerly PrestoSQL), the open-source distributed SQL query engine. The platform provides a data lakehouse analytics layer that lets enterprises query data across any source without requiring data movement or migration.

Benchling $412M
Private San Francisco, US

Benchling is a cloud-based life sciences R&D platform that helps biotech and pharmaceutical companies manage experiments, track data, and accelerate research and development. The platform replaces physical lab notebooks and spreadsheets with collaborative, AI-ready digital tools used by over 1,200 customers worldwide.

Signifyd $409M
Private San Jose, United States

Signifyd provides a Commerce Protection Platform that uses machine learning and large-scale data network effects to provide guaranteed fraud protection for e-commerce merchants. The platform automates order decisions with a financial guarantee against chargebacks, enabling merchants to maximize revenue while minimizing fraud losses. Signifyd's network processes billions of transactions from thousands of merchants worldwide.

Solana Labs $360M
Private San Francisco, California, United States

Technology company behind the Solana blockchain, a high-performance Layer 1 platform using a novel Proof of History consensus mechanism alongside proof-of-stake to achieve thousands of transactions per second with low fees. Builds developer tooling, mobile products (Saga phone), and an incubation studio for decentralized applications.

Function Health $354M
Private Austin, United States

Function Health is a membership-based preventive health platform that gives consumers access to 100+ lab tests, AI-generated health reports, and optional full-body MRI and CT scans. Co-founded by Dr. Mark Hyman and Jonathan Swerdlin, the Austin-based company aims to shift healthcare from reactive to proactive by empowering people with comprehensive testing and personalized insights at scale.

Cedar $351M
Private New York, United States

Cedar is a healthcare financial technology platform that simplifies patient billing and payment experiences for hospitals, health systems, and medical groups. The platform uses data science and AI to personalize billing communications and optimize payment outcomes, serving over 50 million patients.

Aptos Labs $350M
Private Palo Alto, United States

Layer 1 blockchain company building the Aptos network, designed for safety, scalability, and mainstream Web3 adoption. Uses the Move programming language originally developed for Meta's discontinued Diem stablecoin project. Features a parallel execution engine (Block-STM) for high throughput. Founded by two former Meta engineers who led key aspects of the Diem blockchain.

GitHub $350M
Acquired San Francisco, US

The world's leading software development platform and code hosting service, built on Git. Home to over 100 million developers and the center of open-source collaboration.

Mercury $346M
Private San Francisco, United States

Mercury is a fintech company that provides business banking services built specifically for startups, small businesses, and scaling companies. The platform combines FDIC-insured checking and savings accounts with modern tools like cashflow analytics, intuitive dashboards, and efficient payments. Trusted by over 200,000 startups, Mercury reached $650 million in annualized revenue by Q3 2025.

Kong $344M
Private San Francisco, United States

Kong is the company behind the most widely adopted open-source API gateway and service connectivity platform. Originally founded as Mashape (an API marketplace), the company pivoted to focus on its open-source Kong Gateway and rebranded in 2017. Kong Konnect enables enterprises to manage, secure, and observe APIs across hybrid and multi-cloud environments.

Black Forest Labs $331M
Private Freiburg, Germany

Black Forest Labs is a frontier AI lab building state-of-the-art generative AI models for images and video. Founded by the creators of Stable Diffusion, the company develops the FLUX family of open-source text-to-image models, which have achieved over 400 million downloads and are used by Adobe, Canva, Meta, and Microsoft.

Alation $315M
Private Redwood City, United States

Alation is the pioneer of the data catalog category, providing an agentic data intelligence platform that helps enterprises discover, govern, and trust their data assets. The platform uses AI-powered search, automated documentation, and lineage tracking. Over 40% of the Fortune 100 are customers, and the company surpassed $100M in annual recurring revenue in 2022.

Clubhouse $312M
Private San Francisco, United States

Clubhouse is a social audio app that lets users join live, drop-in voice conversations organized into topic-based rooms. The app became a cultural phenomenon during the COVID-19 pandemic, reaching a $4 billion valuation in April 2021.

Pindrop $312M
Private Atlanta, Georgia, United States

Voice security and authentication company that uses AI and machine learning to detect phone fraud, verify caller identity, and protect against voice deepfakes. Its patented Phoneprinting technology analyzes audio signals to determine call provenance, device type, and caller location.

Actifio $312M
Acquired Waltham, Massachusetts, United States

Actifio pioneered copy data virtualization, reducing unnecessary duplication of enterprise data for backup, disaster recovery, and DevOps. The company's software enabled businesses to manage virtual copies of data across on-premises and cloud environments, serving over 3,700 customers before being acquired by Google in December 2020.

Everlaw $299M
Private Oakland, California, United States

Cloud-native e-discovery and litigation platform that helps legal teams collaboratively discover, reveal, and act on information for investigations and litigation. Used by all 50 U.S. state attorneys general, major corporations, and eight of the top 10 class-action law firms.

Aleo $298M
Private San Francisco, United States

Layer 1 blockchain platform that uses zero-knowledge cryptography to enable developers to build privacy-preserving, scalable decentralized applications. Offers a hybrid approach where developers choose what data is public and what remains private. Provides Leo, a programming language for writing zero-knowledge smart contracts. Mainnet launched September 2024.

Mixpanel $277M
Private San Francisco, US

Product analytics platform that helps teams understand user behavior by tracking event-based interactions across web and mobile applications. Customers include OpenAI, Netflix, Uber, and Pinterest.

Anyscale $260M
Private San Francisco, United States

Anyscale is the company behind Ray, the open-source distributed computing framework originally developed at UC Berkeley. The platform enables developers to scale Python and AI workloads from a laptop to a cluster with minimal code changes, providing managed cloud infrastructure for training, serving, and scaling AI applications.

Addi $256M
Private Bogota, Colombia

Addi is a Colombian fintech company that provides buy now, pay later services across Latin America. The platform enables consumers to access point-of-sale credit at partner merchants both online and in physical stores, serving over 2.5 million customers and 27,000+ merchants in Colombia, Brazil, and Mexico.

Optimizely $251M
Acquired San Francisco, US

Digital experience optimization platform providing A/B testing, experimentation, and personalization tools for websites, mobile apps, and connected devices. Co-founded by two former Google product managers who worked on the Obama 2008 campaign's digital optimization. Acquired by Episerver (now Optimizely) in 2020.

BlocPower $248M
Private Brooklyn, United States

BlocPower is a climate technology company that uses data analytics, proprietary software, and structured finance to make energy-efficient building upgrades accessible to underserved communities. The company manages end-to-end electrification retrofits, including heat pump installations, offering flexible financing so property owners can upgrade with little or no upfront cost.

Accolade $235M
Acquired Plymouth Meeting, United States

Accolade is a personalized health and benefits solutions company that uses technology, data analytics, and clinical expertise to help employers improve healthcare outcomes while controlling costs. The platform connects employees and families to the right care through AI-powered navigation, virtual primary care (PlushCare), and expert medical opinions (2nd.MD).

Okta $229M
Public San Francisco, United States

Okta is an identity and access management platform that provides cloud-based solutions for securely connecting people to technology. The company offers single sign-on, multi-factor authentication, and lifecycle management for enterprises and developers.

DigitalOcean $224M
Public New York, United States

DigitalOcean is a cloud infrastructure provider that simplifies cloud computing for developers, startups, and small-to-medium businesses. The company offers on-demand compute, storage, networking, and managed databases, serving over 500,000 customers globally.

Sourcegraph $223M
Private San Francisco, US

Code intelligence platform that helps developers search, understand, and fix code across large, complex codebases. Provides universal code search, batch changes, and code insights for enterprise engineering teams.

Asana $213M
Public San Francisco, US

Asana is a work management platform that helps teams plan, organize, and track projects and tasks. Founded by Facebook co-founder Dustin Moskovitz and former Facebook engineer Justin Rosenstein, the company serves over 75,000 customers.

Loom $204M
Acquired San Francisco, United States

Video messaging platform for workplace communication that lets users record their screen, camera, or both to create quick, shareable videos. Grew to 25 million users before being acquired by Atlassian in October 2023 for $975 million.

Netlify $202M
Private San Francisco, United States

Netlify is a web development platform that provides hosting, continuous deployment, and serverless backend services for modern web projects. The company pioneered the Jamstack architecture, enabling developers to build faster, more secure websites.

Anki $201M
Acquired San Francisco, United States

Anki was a consumer robotics and AI company that built intelligent physical products including the Anki Drive/Overdrive autonomous racing game, the Cozmo programmable robot, and the Vector home robot. Founded by three Carnegie Mellon Robotics Institute graduates, the company raised over $200 million before shutting down in April 2019 after a critical funding deal fell through.

Envoy $201M
Private San Francisco, California, United States

Workplace management platform that helps companies welcome visitors, manage employee attendance, book desks and conference rooms, and handle deliveries. Originally an iPad-based visitor sign-in system, the company evolved into a full workplace platform serving over 16,000 locations globally.

Character.AI $193M
Private Menlo Park, US

Character.AI is a generative AI chatbot platform that lets users create and interact with customizable AI characters. Founded by former Google engineers who co-authored the Transformer paper and led the LaMDA project, the platform has over 20 million monthly active users.

Labelbox $189M
Private San Francisco, United States

Data-centric AI platform providing tools for data labeling, annotation, and model training, enabling teams to build and improve machine learning and generative AI applications. The platform serves as the interface for human experts to create high-quality training data at scale, with a network of over one million domain experts through its Alignerr product.

Heron Power $183M
Private Scotts Valley, US

Develops solid-state transformer technology for the modern electrical grid, replacing century-old transformer designs with modular, software-integrated power electronics. The flagship product, Heron Link, enables renewable energy, battery storage, and AI data center developers to connect directly to medium-voltage grids.

Uniswap Labs $178M
Private New York, United States

Uniswap Labs builds the Uniswap Protocol, the largest decentralized exchange (DEX) on Ethereum and the pioneer of the automated market maker (AMM) model for on-chain token trading. The protocol has processed over $4 trillion in cumulative trading volume. Uniswap Labs also developed the UNI governance token and Unichain, its own Ethereum Layer-2 blockchain.

Mux $174M
Private San Francisco, United States

Mux provides video infrastructure for developers through an API-first platform. Its core products are Mux Video (encoding, storage, and streaming) and Mux Data (quality-of-experience analytics monitoring billions of streams).

PagerDuty $174M
Public San Francisco, US

Cloud-based incident management and digital operations platform that helps IT teams detect, triage, and resolve infrastructure and application issues in real time through intelligent alerting, on-call scheduling, and automated response orchestration.

Pomelo Care $171M
Private New York, United States

Pomelo Care is a virtual medical practice delivering evidence-based healthcare for women and children, covering every stage from preconception and pregnancy through postpartum, pediatrics, and midlife health. The company partners with health plans and employers using a value-based care model.

DFINITY Foundation $167M
Private Zurich, Switzerland

DFINITY Foundation is a not-for-profit organization that builds and maintains the Internet Computer, a web-speed, internet-scale public blockchain. The platform enables smart contracts to serve interactive web content directly to browsers, allowing developers to build fully decentralized applications and enterprise systems.

Material Security $162M
Private Redwood City, California, United States

Material Security provides cloud workspace security for Microsoft 365 and Google Workspace, protecting organizations from email attacks, account takeovers, and data breaches. Founded by former Dropbox engineers, the company applies a zero-trust approach that assumes breach and protects sensitive content even after an attacker gains access to an inbox.

Rigetti Computing $155M
Public Berkeley, US

Rigetti Computing is a full-stack quantum computing company that designs and fabricates superconducting quantum processors, integrates them into quantum computers, and delivers access through its Quantum Cloud Services platform. The company operates the world's first dedicated quantum chip foundry.

Adaptive Security $147M
Private New York, United States

AI-native cybersecurity platform that protects organizations from AI-powered social engineering attacks. Simulates deepfake voice calls, AI-generated phishing emails, and SMS-based attacks to train employees and assess vulnerability. Serves 500+ enterprise customers including PayPal, Xerox, and Bose. Founded by serial entrepreneurs behind TapCommerce (acquired by Twitter) and Attentive ($7B valuation).

Pinecone $138M
Private New York, United States

Pinecone is the leading vector database platform for building accurate, performant AI applications at scale. Founded by former AWS Director of Research Edo Liberty, the company provides a fully managed, serverless infrastructure that makes it easy to connect enterprise data with large language models and other AI systems.

Apptio $136M
Acquired Bellevue, United States

Apptio is an enterprise technology business management software company that helps IT leaders manage the cost, quality, and value of IT services. The platform provides financial transparency into technology spending, enabling data-driven decisions about IT investments. Acquired by IBM in 2023 for $4.6 billion after being taken private by Vista Equity Partners in 2019.

Parsable $128M
Acquired San Francisco, United States

Parsable was a connected worker platform that replaced paper-based procedures with mobile, interactive digital work instructions for industrial and manufacturing environments. The platform enabled frontline workers in sectors like food and beverage, oil and gas, and chemicals to collaborate in real time, improving productivity, quality, and safety across plant floor operations. Originally founded as Wearable Intelligence in 2013, the company was acquired by CAI Software in September 2024.

Braintrust $124M
Private San Francisco, US

AI-native observability and evaluation platform that helps engineering and product teams evaluate, log, and monitor AI agents and large language model interactions in production. Built on a custom database optimized for massive AI trace data, the platform enables teams to run experiments against real datasets, compare prompts side-by-side, catch regressions in CI, and inspect every trace with real-time latency, cost, and quality metrics.

Cartography Biosciences $124M
Private South San Francisco, United States

Cartography Biosciences is a precision oncology company developing cancer immunotherapies guided by the first comprehensive antigen atlas for immuno-oncology targets. The company's proprietary ATLAS and SUMMIT platforms combine single-cell genomics, proteomics, and computational biology to identify tumor-selective antigens, enabling antibody-based therapies that target tumors more precisely than existing therapeutics.

Fly.io $111M
Private Chicago, United States

Fly.io is a developer-focused public cloud platform that runs full-stack applications and databases close to end users using Firecracker micro-VMs. The platform distributes containerized apps to servers across 30+ regions worldwide, providing low-latency performance without the complexity of traditional multi-region deployments.

Cyngn $110M
Public Mountain View, United States

Cyngn develops AI-powered autonomous vehicle technology for industrial and commercial applications. The company's DriveMod platform enables autonomous tuggers and forklifts for warehouses and manufacturing facilities, addressing labor shortages without requiring special infrastructure. Originally founded as Cyanogen Inc. to commercialize the CyanogenMod Android OS, the company pivoted to autonomous vehicles in 2017.

Clerk $105M
Private San Francisco, United States

Clerk provides a complete suite of embeddable authentication UIs, flexible APIs, and admin dashboards for user management. The platform handles sign-up, sign-in, multi-factor authentication, organization management, and session handling, allowing developers to add secure auth to their applications in minutes instead of months. Clerk integrates natively with Next.js, React, and other popular frameworks.

PlanetScale $105M
Private San Francisco, United States

PlanetScale is a serverless database platform built on Vitess, the open-source database clustering system originally created to scale YouTube. The platform provides horizontally scalable MySQL and PostgreSQL databases with database branching, non-blocking schema changes, and sharding without downtime.

MotherDuck $100M
Private Seattle, United States

MotherDuck is a serverless cloud data warehouse built on the open-source DuckDB database. The platform combines the speed and simplicity of local analytics with the scalability of the cloud, enabling data teams to query data without managing infrastructure.

Descript $100M
Private San Francisco, United States

Descript is an all-in-one AI-powered video and audio editing platform that enables users to edit media by editing text. The platform transcribes audio to a text document, allowing creators to edit video and audio as easily as editing a Google Doc. Features include text-based editing, AI voice cloning (Overdub), filler word removal, screen recording, and publishing tools.

Oculus VR $93M
Acquired Irvine, United States

Oculus VR designed and manufactured the Oculus Rift virtual reality headset, widely credited with reviving the modern VR industry. Founded by Palmer Luckey after a record-breaking Kickstarter campaign, the company was acquired by Facebook (now Meta) in 2014 for approximately $2 billion.

BeReal $90M
Acquired Paris, France

BeReal is a social media app that prompts users once daily at a random time to capture and share an unfiltered photo using both front and rear cameras simultaneously. Designed as an antidote to curated social media, it became a viral sensation among Gen Z users in 2022, reaching 20 million daily active users.

Nansen $88M
Private Singapore, Singapore

Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels across multiple blockchains. Crypto investors and institutions use Nansen to discover opportunities, perform due diligence, and defend portfolios with real-time dashboards and alerts, tracking over 244 million labeled wallets across 11+ blockchains.

Substack $82M
Private San Francisco, United States

Substack is a publishing platform that enables writers, journalists, and creators to publish subscription newsletters, podcasts, and other media directly to their audiences. The platform handles payments, distribution, and website hosting, allowing creators to monetize their work through paid subscriptions while retaining ownership of their content and subscriber lists.

Aetherflux $60M
Private San Carlos, United States

Space-based solar power company developing constellations of small satellites in low Earth orbit that collect solar energy and transmit it to ground stations via infrared lasers. Founded by Robinhood co-founder Baiju Bhatt. Also building Galactic Brain, an orbital data center project placing AI compute hardware next to solar power in space, targeting Q1 2027.

Doxel $57M
Private Redwood City, California, United States

Doxel uses computer vision and deep learning to automate progress tracking on construction sites. By analyzing 360-degree video from job sites, the platform measures actual construction progress against plans and schedules, providing predictive analytics to help owners and general contractors eliminate cost overruns and schedule delays.

Convex $54M
Private San Francisco, United States

Convex is an open-source reactive backend-as-a-service platform that provides a real-time database, serverless functions, and client SDKs for building live-updating web and mobile apps. The platform integrates a TypeScript-based document store and function runtime for queries and mutations. Convex went open source in March 2024.

Pylon $51M
Private San Francisco, California, United States

AI-native B2B customer support platform providing omnichannel support across Slack Connect, Microsoft Teams, email, in-app chat, and ticket forms. Features AI-powered ticketing, knowledge base, AI agents, and workflow automation. Modern alternative to Zendesk and Intercom for B2B companies.

CoreOS $48M
Acquired San Francisco, US

CoreOS developed Container Linux, a lightweight Linux-based operating system designed for massive server deployments, along with key container infrastructure tools including etcd, rkt, and the Tectonic Kubernetes platform. Founded through Y Combinator (S13), the company built open source infrastructure to enable Google-scale operations for any organization. CoreOS was a founding member of both the Cloud Native Computing Foundation (CNCF) and the Open Container Initiative (OCI). Acquired by Red Hat in January 2018 for $250 million.

Oasis Labs $48M
Private San Francisco, United States

Oasis Labs is a privacy-first blockchain platform founded by UC Berkeley researchers, building the Oasis Network for confidential smart contracts and decentralized computing. The company combines secure hardware (TEEs) with blockchain to enable privacy-preserving applications including AI, DeFi, and data tokenization at scale.

Altera $44M
Private San Francisco, United States

Applied AI research company building autonomous, collaborative, and socially intelligent AI agents (digital human beings). Founded by computational neuroscientists from MIT, Stanford, and Google. Gained prominence through Project Sid, deploying 1,000+ AI agents in Minecraft who autonomously developed specialized roles, economies, and governance. Now Fundamental Research Labs.

Coactive AI $44M
Private San Jose, California, United States

AI-powered platform that helps enterprises unlock insights from unstructured image and video data. Coactive's multimodal application platform enables users to search, organize, analyze, and generate metadata from visual content without requiring metadata or manual tagging.

Hedra $42M
Private San Francisco, California, United States

AI-powered video creation platform specializing in character-driven content generation. Develops foundation models enabling users to generate expressive, controllable character videos from text, images, and audio. Flagship product Hedra Studio is powered by Character-3. Has generated over 10 million videos for nearly 3 million users.

Drishti Technologies $37M
Acquired Mountain View, California, United States

Drishti Technologies used AI-powered computer vision and video analytics to digitize and analyze manual assembly line activities in manufacturing. The platform used action recognition and deep learning to create time-and-motion data from video streams, helping manufacturers improve quality, productivity, and traceability. Served major customers including Ford, Toyota, DENSO, and Nissan before being acquired by Apple in 2023.

Atlys $36M
Private San Francisco, California, United States

Online visa processing platform that simplifies travel visa applications across 150+ destinations. Reduces average application time from 12.7 hours to approximately 7 minutes. Has processed over 5 million visas. Founded by former Pinterest engineer Mohak Nahta.

Lio $33M
Private Munich, Germany

AI-powered procurement platform that deploys autonomous agents to handle enterprise purchasing workflows. Automates vendor sourcing, negotiation, and purchase order management. Graduate of Y Combinator Summer 2023 batch.

OpenInvest $24M
Acquired San Francisco, United States

ESG and values-based investing platform that enabled financial advisors to create customized portfolios aligned with clients' environmental, social, and governance values while tracking market indices. One of the first VC-backed Public Benefit Corporations. Built Dynamic Custom Indexing (DCI) technology for personalized portfolios at scale. Acquired by JPMorgan Chase in August 2021.

Comma.ai $18M
Private San Diego, United States

Comma.ai develops openpilot, an open-source driver assistance system that brings advanced driver-assistance features to over 275 supported car models. The company sells the comma 3X hardware device that enables adaptive cruise control, lane centering, and other ADAS features. Comma.ai takes an open-source, community-driven approach to autonomous driving, positioning itself as a consumer alternative to proprietary systems.

Meridian $17M
Private New York, US

AI-powered financial modeling IDE that operates as an "agentic spreadsheet." A standalone workspace (similar to Cursor for code) where AI agents handle financial modeling, reducing modeling time by up to 90%. Integrates data sources into one connected workspace with full audit trails.

Arweave $13M
Private London, United Kingdom

Arweave is a decentralized permanent data storage network that uses a blockchain-based structure called a "blockweave" to store data indefinitely. The protocol enables a "permaweb" where websites, applications, and files are preserved permanently without risk of deletion or censorship.

Upstash $12M
Private San Jose, United States

Upstash is a serverless data platform that provides managed Redis, Kafka, and QStash services with per-request pricing. The platform targets developers building data-intensive and edge computing applications, scaling to zero when idle and serving over 85,000 developers.

Investment data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.