AI Insider·
Insider Brief PRESS RELEASE — District, an AI commerce platform, has announced $14.7M in seed funding led by Andreessen Horowitz and Kindred Ventures, with participation from Greylock Partners, Jaren Glover, former Depop CEO Maria Raga, Gokul Rajaram, Soleio, Deborah Liu, Imran Khan, Jacob Andreou, Peter Sellis, Josh Siegel, SV Angel, 20VC, and others. Founded by Snap alumni […]
Read full articlea16z’s Arc thesis recasts stablecoins as a $9T “economic OS” for global finance, powering accounts, payments, FX and credit instead of just serving as crypto payment rails. Andreessen Horowitz’s crypto arm has published a new thesis on its investment in…
The USDC issuer announced the raise, with investors including Andreessen Horowitz and Blackrock, alongside its Q1 results.
Insider Brief PRESS RELEASE — Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools that run enterprise operations today, announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders and executives from OpenAI, Anthropic, Google, Deel, and Revolut, […]
London-based Ethos has raised $22.75 million in a Series A led by Andreessen Horowitz, with participation from General Catalyst, XTX Markets, Evantic Capital, and Common Magic, to build an AI-powered alternative to legacy expert networks such as GLG and LinkedIn. Founded in 2024 by James Lo, formerly of McKinsey and SoftBank, and Daniel Mankowitz, an […]
Insider Brief PRESS RELEASE — Tessera Labs announced $60 million in oversubscribed funding led by Andreessen Horowitz (a16z) to accelerate its mission of bringing AI-native automation to enterprise transformation. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated. The announcement arrives as the global SAP community convenes in Orlando for its flagship annual event, underscoring […]
a16z partner David George argues AI will reshape work instead of erasing it.
Snap has quietly terminated its $400 million partnership with AI search startup Perplexity, revealing the split as part of its first-quarter earnings report. The deal, announced last November, would have embedded Perplexity’s conversational AI search engine directly into Snapchat’s Chat interface. Despite limited testing with select users, the companies failed to agree on a path […]
The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat.
