Do Andreessen Horowitz and Matrix invest together?

Yes — Andreessen Horowitz and Matrix appear together in 7 tracked portfolio companies, including Apollo, Earnin, Fivetran, Flock Safety, Lightspark.

How do Andreessen Horowitz and Matrix compare on check size?

Andreessen Horowitz typically writes checks of $500K – $50M, while Matrix writes $100K – $10M.

Two firms that co-invest: side by side on stage, sector, check size, and track record, from public filings and the firms' own sites.

	Andreessen Horowitz	Matrix
Type	Venture capital	Venture capital
HQ	Menlo Park	San Francisco
Founded	2009	1977
Check size	$500K – $50M	$100K – $10M
Stages	Seed, Series A, Series B, Series C, Growth, Late Stage	Pre-Seed, Seed, Series A
Sectors	AI & Machine Learning, Biotech, Cloud Computing, Consumer, Crypto & Web3, Data & Infrastructure, Deep Tech, Defense Tech, Enterprise Software, Fintech, Gaming, Healthtech, Sector Agnostic	AI & Machine Learning, Consumer, Data & Infrastructure, Deep Tech, Enterprise Software, Fintech, Healthtech, Sector Agnostic, Semiconductors
AUM	$106.5B	$4B
Tracked investments	858	133
Exits (acquired/public)	45	7
Led rounds on record	82	2
Dated deals, last 24 mo	74	3

Do Andreessen Horowitz and Matrix invest together?: Yes — Andreessen Horowitz and Matrix appear together in 7 tracked portfolio companies, including Apollo, Earnin, Fivetran, Flock Safety, Lightspark.
How do Andreessen Horowitz and Matrix compare on check size?: Andreessen Horowitz typically writes checks of $500K – $50M, while Matrix writes $100K – $10M.