A side-by-side comparison of two AI investors: Andreessen Horowitz (Power Score 82/100) and TCV (Power Score 81/100), both ranked among the most active firms tracked in this category.
| Andreessen Horowitz | TCV | |
|---|---|---|
| Power Score™ | 82/100 | 81/100 |
| Assets Managed | $90B+ | ~$24B raised since inception |
| Founded | 2009 | 1995 |
| Headquarters | Menlo Park, CA | Menlo Park, CA |
| Sectors | AI, Crypto, Fintech, Consumer, Enterprise Software, Developer Tools, Cybersecurity | Consumer Internet, SaaS, Fintech, Media, Cybersecurity, AI, Deep Tech |
Founded in 2009 by Marc Andreessen, the co-creator of the Netscape browser, and Ben Horowitz, a former enterprise software executive, a16z set out to build a different kind of VC firm - one staffed with in-house recruiters, marketers, and engineers to support founders directly, not just write checks. The firm's stage-agnostic, software-eats-the-world thesis has since carried it into crypto, biotech, and AI, backing companies from seed rounds through late-stage growth across every category it touches.
View full Andreessen Horowitz profile →TCV was founded in 1995 by Jay Hoag and Rick Kimball as the original crossover investor - the first firm to invest in both public and private technology companies from the same fund, a structure the 'Crossover' in its original name (Technology Crossover Ventures) still reflects. That willingness to follow winners across the private-to-public transition, rather than exiting at IPO, is what produced Jay Hoag's three-decade board seat at Netflix, which he joined in 1999 when TCV owned roughly 43% of the company pre-IPO. The firm has since invested more than $17 billion across 350-plus technology companies worldwide, supporting more than 145 IPOs and strategic acquisitions including Facebook, Airbnb, Spotify, Zillow, and Expedia, and now manages approximately $24 billion.
View full TCV profile →