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a16z Frontier: early-stage portfolio

97 companies a16z's Frontier team first backed at seed or venture stage. They were 6.6% of a16z's new early-stage companies in 2023–2026, down from 23.5% in 2019–2022. Of those backed by 2021, a16z lists 3% as exited (1 IPOs, 1 acquisitions).

Early-stage companies
97
Share, 2023–2026
6.6%
Entered at seed
60%
Exited (backed by 2021)
3%

Share of new early-stage companies, by year

Frontier companies, newest first

97 companies

Source: a16z’s public portfolio and speedrun directories; each company links to its a16z page. See how we count, or browse open problems worth solving.

Frequently asked questions

How many early-stage companies has a16z Frontier backed?

a16z's public portfolio lists 97 Frontier companies it first backed at seed or venture stage. The list is a selection of a16z's investments, so the true number may be higher.

Is a16z investing more in Frontier?

Frontier was 6.6% of the early-stage companies a16z first backed in 2023–2026, compared with 23.5% in 2019–2022. Recent years are incomplete because a16z adds investments to its list with a delay.