Fund profile / United States

a16z Growth Fund V

Geography
United States
Stage
Growth
Fund size
$8.5
Focus
Signals
Published
Share
N°01 / About

About a16z Growth Fund V

Andreessen Horowitz growth-stage fund, expanded from $6.75B to $8.5B in eight months alongside a separate $1.1B Machine Age infrastructure fund.

N°02 / Thesis

Investment Focus

Location / RegionUnited States
Funding StageGrowth
Industry Focus

Investor Signals Profile

active

Sweet Spot

Technical founder building defense, AI, or crypto category leader

defense/hard-tech
crypto/web3
enterprise-software
consumer
American Dynamism

Bullish Signals

$15B raised across 5 funds Jan 2026external
$90B+ AUM, most unicorns since 2020external
American Dynamism $1.8B total raisedexternal
1076 portfolio companies Nov 2025external
32 unicorns backed since 2020; most any VCexternal
Defense portfolio: Hadrian $1.37B Series D Aug 2026external
Applied Intuition $15B valuation; autonomous/defense AIexternal
American Innovators Network launched Apr 2025 coalitionexternal

Contrarian Signals

Shifting away from traditional VC modelexternal
Heavy political entanglement; divisive brandexternal
Competing for obvious alpha, not contrarian betsexternal
Called 'AI-driven military-industrial complex' faceexternal

Founder Do's

Build in national-interest sectors (defense, space, manufacturing)
Show technical depth + operator credibility
Crypto/AI/infra with clear category leadership
Come with unicorn-scale ambition
Align with 'Little Tech' vs Big Tech narrative

Founder Don'ts

Don't pitch incremental SaaS with no moat
Don't ignore policy/regulatory angle for hard-tech
Don't expect seed-only check; they go multi-stage

32 signals on a16z Growth Fund V

8 bullish · 4 contrarian · 5 pitch do's · 3 don'ts · 12 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$8.5
Saves0
People

Key People

Marc AndreessenCo-Founder & General Partner
Ben HorowitzCo-Founder & General Partner
Jeff JordanGeneral Partner
Chris DixonGeneral Partner
Martin CasadoGeneral Partner
Andrew ChenGeneral Partner
Katherine BoyleGeneral Partner
David UlevitchGeneral Partner
Erin Price-WrightGeneral Partner
Raghu RaghuramGeneral Partner
Peter LevineGeneral Partner
Connor LoveGeneral Partner
N°04 / See also

Related Funds

Location
United States
Stage
Series B
Focus
Saas
Manager
Ben Samit, Andrew Goldman
Series B
Saas

FPV Ventures Fund II

Fund size$525M
Location
United States
Stage
Seed
Focus
Ai Ml
Manager
Wesley Chan, Egah Ebrahimi
Seed
Ai Ml

Palm Ventures (I)

Fund size$30M
Location
United States
Stage
Pre Seed
Focus
Ai Ml
Manager
Yassir Nasief, Redwan Abudawood
Pre Seed
Ai Ml