# Andreessen Horowitz's crypto fund: portfolio, investments and team

> Andreessen Horowitz's crypto fund is an investment firm. 2 investments on record, 1 in the last 12 months, latest Jun 2026.

Source: https://millionrounds.com/fund/andreessen-horowitz-s-crypto-fund (Millionrounds; every figure on the page links to its filing or article)

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# Andreessen Horowitz's crypto fund

Last cheque observed Jun 2026; 2 cheques on record.

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Investment firm Deploying now

Seed Series C

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 2 on record

Since the last cheque **146** days **00** hrs **00** min **00** sec

Median round **$205M** Rounds led **2 of 2**

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## Andreessen Horowitz's crypto fund highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series C: 100% of its rounds
- 03 Led 2 rounds

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2026** 1 round
- **Jun** **[NinjaOne](https://millionrounds.com/company/ninjaone)** Series C · US · Crunchbase News **$400M** *Led*
- **2025** 1 round
- **Jan** **[Merit Systems](https://millionrounds.com/company/merit-systems)** Seed · US · TechStartups **$10M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Seed Series C

Median round joined **$205M** the round, not its cheque

Led 2 of 2 rounds **100%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed *1*
- Series C *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Andreessen Horowitz's crypto fund put money into.

[**NinjaOne** $400M · Jun 2026](https://millionrounds.com/company/ninjaone)[**Merit Systems** $10M · Jan 2025](https://millionrounds.com/company/merit-systems)

## Quick answers about Andreessen Horowitz's crypto fund

### What does Andreessen Horowitz's crypto fund invest in?

Andreessen Horowitz's crypto fund invests most often at Seed and Series C (100% of the rounds on record).

### How active is Andreessen Horowitz's crypto fund?

2 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in Jun 2026.

### What has Andreessen Horowitz's crypto fund invested in recently?

Its most recent investments on record: NinjaOne (Series C, Jun 2026) and Merit Systems (Seed, Jan 2025).

### How big are Andreessen Horowitz's crypto fund's cheques?

The median round it joins is $205M.

### Is Andreessen Horowitz's crypto fund investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Andreessen Horowitz's crypto fund?

Andreessen Horowitz's crypto fund is an investment firm.

### Where does this information on Andreessen Horowitz's crypto fund come from?

From 5 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=andreessen-horowitz-s-crypto-fund) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=andreessen-horowitz-s-crypto-fund)
