Capital Row
The boulevard you enter the city through. Houses here are wide and low where the companies are narrow and tall — you can tell which side of the table a building is on from its silhouette.
Firm, focus, and headquarters are drawn from public information. Cheque ranges are estimates and deployment status is illustrative until a firm claims its house and sets it themselves.
Lights on · 29
Menlo Park, CA · Intelligence · Capital · Matter
Multi-stage generalist. Seed through growth, with a permanent-capital structure that lets it hold positions past IPO.
55 holdings in the hall
Palo Alto, CA · Intelligence · Capital · Matter
Global multi-stage with dedicated early and growth vehicles across the US, Europe, and India.
42 holdings in the hall
San Francisco, CA · Intelligence · Capital
Deliberately small equal-partnership fund. Concentrated Series A positions, one partner per board seat.
46 holdings in the hall
Menlo Park, CA · Intelligence · Matter
Technical risk over market risk. Early bets on AI, climate, and biology where the science is unproven.
60 holdings in the hall
Menlo Park, CA · Intelligence
Enterprise and infrastructure focus, often incubating from day zero with founders in residence.
51 holdings in the hall
Menlo Park, CA · Intelligence · Capital · Matter
Global multi-stage platform spanning enterprise, consumer, fintech, and health.
37 holdings in the hall
Mountain View, CA · Intelligence · Capital · Matter
Alphabet's independent venture arm. Life sciences and enterprise, with no obligation to invest alongside Google.
39 holdings in the hall
San Francisco, CA · Intelligence · Capital
Cloud and vertical software specialists. Publishes its own benchmarks and its own anti-portfolio.
39 holdings in the hall
New York, NY · Intelligence · Capital
Concentrated, high-conviction later-stage positions in internet and AI leaders.
47 holdings in the hall
New York, NY · Intelligence · Capital
Crossover manager investing across private and public technology markets.
47 holdings in the hall
New York, NY · Intelligence · Capital · Matter
Global crossover fund. Fast-moving growth cheques across software and internet.
46 holdings in the hall
New York, NY · Intelligence · Capital
Thesis-driven and deliberately small. Networks, protocols, climate, and access to knowledge.
53 holdings in the hall
San Francisco, CA · Intelligence · Capital
Operator-led fund focused on SaaS and marketplace businesses with strong unit economics.
60 holdings in the hall
Alexandria, VA · Capital
Fintech specialists founded by Capital One operators. Credit, payments, and embedded finance.
49 holdings in the hall
Cambridge, MA · Matter
Creates its own companies in-house. Platform biology conceived, incubated, and capitalised internally.
48 holdings in the hall
Chicago, IL · Matter
Company formation from academic and national-lab science. Deep biotech at the earliest possible stage.
53 holdings in the hall
San Francisco, CA · Intelligence · Matter
Deep tech and computational science — where a hard compute problem is the business.
46 holdings in the hall
Kirkland, WA · Matter
Patient climate capital. Backs technologies with a credible path to half a gigatonne of annual emissions reduction.
53 holdings in the hall
San Francisco, CA · Matter
Climate-only, early and irreverent. Carbon removal, fusion, industrial decarbonisation.
41 holdings in the hall
San Francisco, CA · Intelligence · Capital
Later-stage venture growth. Backs category leaders through the pre-IPO stretch.
47 holdings in the hall
Boston, MA · Intelligence · Capital · Matter
Multi-stage technology investor spanning application software, infrastructure, and industrial tech.
46 holdings in the hall
Menlo Park, CA · Intelligence · Capital
Separate early and growth funds. Infrastructure, applications, and fintech.
48 holdings in the hall
San Francisco, CA · Intelligence
Early-stage only, by design. Returns capital rather than raising beyond its strategy.
59 holdings in the hall
San Francisco, CA · Intelligence · Capital
Early and growth funds across AI, cloud infrastructure, fintech, and healthcare.
66 holdings in the hall
San Mateo, CA · Intelligence
Enterprise SaaS specialists. Coined the deskless-workforce thesis and invests narrowly against it.
41 holdings in the hall
San Francisco, CA · Intelligence · Capital · Matter
Pre-seed institutional capital, often the first cheque, with a deliberate access-and-inclusion mandate.
53 holdings in the hall
Mountain View, CA · Intelligence · Capital · Matter
The accelerator. Standard terms, two batches a year, the largest founder network in startups.
52 holdings in the hall
San Francisco, CA · Intelligence
Solo capital at institutional scale. Concentrated AI and infrastructure positions.
44 holdings in the hall
Menlo Park, CA · Matter
The bio and health practice within Andreessen Horowitz. Computational biology and care delivery.
46 holdings in the hall
Quiet · 12
Menlo Park, CA · Intelligence · Capital · Matter
Multi-stage, organised into sector funds. Heavy AI and crypto concentration, with in-house operating and policy teams.
40 holdings in the hall
London, UK · Intelligence · Capital
Transatlantic multi-stage. Strong European founder network, developer tools and fintech density.
51 holdings in the hall
San Francisco, CA · Intelligence · Capital · Matter
Contrarian, founder-led theses. Deep defense, space, and hard-technology exposure alongside software.
40 holdings in the hall
Menlo Park, CA · Intelligence · Matter
Returned to early-stage discipline after a growth era. Enterprise, consumer, and hard tech.
46 holdings in the hall
New York, NY · Intelligence · Capital
Software-only growth equity with a large in-house operating group for scaling go-to-market.
48 holdings in the hall
Cambridge, MA · Intelligence · Capital · Matter
Seed to growth, with a health-system arm and an explicit global resilience thesis.
39 holdings in the hall
Menlo Park, CA · Intelligence · Capital · Matter
One of the oldest and largest US venture firms, split between technology and healthcare practices.
41 holdings in the hall
San Francisco, CA · Intelligence · Capital · Matter
Seed-stage specialists with a heavy community and founder-education platform.
39 holdings in the hall
Austin, TX · Intelligence · Matter
Company-building fund with concentrated positions in defense, logistics, and biotech infrastructure.
38 holdings in the hall
Palo Alto, CA · Capital
Fintech-only, global. Banks, payments, insurance, and financial infrastructure.
58 holdings in the hall
San Francisco, CA · Capital
Crypto-native research and investment firm with a substantial in-house engineering team.
41 holdings in the hall
Palo Alto, CA · Intelligence
Early-stage enterprise and fintech, with a long history of infrastructure bets.
59 holdings in the hall