Andreessen Horowitz tops midterm election donor list

Venture capital firm Andreessen Horowitz has contributed more than $115.5 million to political action committees and super PACs in the current election cycle. An analysis by The New York Times identifies the firm as the largest donor so far. The spending supports interests in technology, cryptocurrency, and artificial intelligence.

The firm was founded in 2009 by Marc Andreessen and Ben Horowitz. It manages assets exceeding $100 billion and has backed companies including Meta, Lyft, and Airbnb. Donations have risen sharply since 2024 compared with prior cycles.

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Illustration of cryptocurrency and AI influences on super PAC funding for 2026 elections, featuring symbols of crypto, AI, money, and politics.
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Crypto- and AI-backed super PACs report more than $321 million raised for the 2026 cycle

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Super PACs tied to the cryptocurrency and artificial intelligence sectors have raised more than $321 million in the 2026 election cycle, according to a review of Federal Election Commission filings, as the groups gear up to shape contests and policy debates in Washington and in key states.

Crypto companies have poured millions into American elections through super PACs, helping reshape regulation and back winning candidates across party lines. Their efforts have coincided with major shifts at the SEC and new legislation favoring the industry.

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A POLITICO Poll reveals broad U.S. unease with artificial intelligence and cryptocurrency—even spanning 2024 Trump and Harris voter bases—as pro-industry super PACs pour tens of millions into 2026 midterm races. Pluralities see crypto as too risky and AI advancing too quickly, with voters favoring candidates backed by groups pushing stricter regulations.

The Democracy Alliance, a network of liberal donors, is set to invest tens of millions of dollars in alternative media to counter conservative successes. The shift follows lessons from the 2024 election, where podcasts boosted Donald Trump and JD Vance. Pamela Shifman, the group's president, emphasized reaching audiences through trusted messengers.

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Build American AI, a nonprofit connected to OpenAI and Andreessen Horowitz executives, is paying influencers to push pro-American AI messaging. The campaign aims to highlight innovation benefits while raising concerns about Chinese AI. An Instagram video by influencer Melissa Strahle exemplifies the effort.

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