BEN HOROWITZ
JAN 09, 2026
by Ben Herowitz
Friday, January 942026
At Andreessen Horowitz, we just raised
over $15B. With these new funds including
American Dynamism ($1.176B), Apps
($1.7B), Bio + Health ($700M),
Infrastructure ($1.7B), Growth ($6.75B), and
other venture strategies ($3B), we raised
over 18% of all venture capital dollars
allocated in the United States in 2025. Why
did we raise the money and how do we plan
to invest it?
At al6z, we believe that the best thing that
a society can do for a person is to give them
a chance. Give them a shot at a great life
regardless of their circumstance,
background, ethnicity, religion, gender or
any other attribute. Give them a shot, a
chance to contribute, a chance to do