Fund profile / United States

a16z Growth Fund V

Geography: United States
Stage: Growth
Fund size: $8.5
Focus
Signals: Published

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

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

31 signals on a16z Growth Fund V

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

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Facts

Fund Overview

Fund Size$8.5

Saves0

Website

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

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