Andreessen Horowitz

Fund

Menlo Park · founded 2009 · ~$90B AUM

The largest fund on this map. Its American Dynamism practice, launched in 2022 and run by Katherine Boyle, is an explicit thesis that startups should build for national security. Co-led Anduril's $5B Series H in May 2026.

Size: $90B under management
Latest fund: $15B (2026)
As of 2026-01-09 · source
$15B raised across five funds in January 2026; largest single vehicle a $6.75B growth fund.
Runs it: Marc Andreessen Ben Horowitz Katherine Boyle
Pension investors: None found in the 44 state pension funds checked.
From each pension fund's own documents. Partnerships and sources are on What the pensions hold.
Backs on this map: Anduril Shield AI Hadrian Saronic Applied Intuition Castelion Skydio Apex

Trace in the network →