Early Bets in Models and Developer Tools
OpenRouter gives developers a way to reach models from multiple providers. Cursor puts model assistance directly into software development. The two companies occupy different points in the developer workflow.
Andreessen Horowitz’s selected transactions include early rounds for Mistral, Cursor, OpenRouter and World Labs. The group also includes later financing for Cognition and Replit.

OpenRouter gives developers a way to reach models from multiple providers. Cursor puts model assistance directly into software development. The two companies occupy different points in the developer workflow.
Selected disclosed relationships, reviewed November 5, 2026. Each source supports the investment relationship; this is not a complete portfolio or a statement of current holdings.





Andreessen Horowitz’s selected transactions include early rounds for Mistral, Cursor, OpenRouter and World Labs. The group also includes later financing for Cognition and Replit.
OpenRouter gives developers a way to reach models from multiple providers. Cursor puts model assistance directly into software development. The two companies occupy different points in the developer workflow.
The selected financing record lists Andreessen Horowitz as a lead investor in Anysphere’s Series A. The company entry links to the source for that round.
The selected financing record lists Andreessen Horowitz as a lead investor in Cognition’s Series E. The company entry links to the source for that round.