About
Alex Immerman is a general partner at Andreessen Horowitz, where he leads growth-stage investments in companies at the intersection of AI, consumer, B2B, crypto, and the physical world. He has spearheaded investments in ElevenLabs, EliseAI, Flock Safety, Hebbia, Kalshi, Revolut, Sardine, Stripe, and Waymo. Alex has also worked closely with Anduril, Coinbase, OpenAI, Robinhood, Roblox, and Wise, among others.
Prior to joining Andreessen Horowitz, Alex was at General Atlantic, where he invested in and partnered with growth-stage technology companies. Before GA, Alex was an investment banker at Allen & Co. Alex has also served in chief of staff roles for the CFO of Facebook and CEO of Gainsight.
Alex graduated summa cum laude from The Wharton School at the University of Pennsylvania and earned his MBA with distinction from Harvard Business School. He grew up in New Jersey and lives in San Francisco, but likes traveling to Park City, Utah, to visit his parents, ski, and snowboard.
Latest Content
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Autonomous vehicles like Waymo are already reducing crashes across U.S. cities. Why self-driving cars can be a public safety breakthrough cities should adopt.
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Every question about the future should be tradable, and Kalshi stands to capture what may become the largest and most important financial market.
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AI companies don't necessarily have worse retention that their SaaS counterparts. New benchmarks for measuring AI retention.
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An all too common experience: in my search for my first apartment, I texted 15 brokers. A few replied quickly. The rest took days or never responded. The apartments I toured were not necessarily the best fit; they were s...
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Hebbia's George Sivulka discusses the potential for reasoning models and AI agents to supercharge the global economy.
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The AI race is on, and 2025 could be its most transformative year yet.
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In this month's fintech newsletter, we look at how AI is driving a new beginning for fintech. Plus, when fintechs look more like banks, what does it mean for valuations?
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It feels like software is shrinking while everyone is scrambling to buy generative AI. What’s changed, and how can you get a leg up?
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This month, the a16z fintech team went to Fintech DevCon, payments platform Moov’s annual conference for the fintech developer community.
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We are entering the new SaaS era, moving from Software-as-a-Service to Service-as-a-Software.
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GenAI will deliver massive value to companies, but it can be difficult to account for its costs. How we're thinking about monetizing new genAI features.
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Voice-First Apps, AI Moats, Never-Ending Games, and Anime. We asked over 40 partners across a16z to preview one big idea they believe will drive innovation in 2024. Here in our 3-part series, you’ll hear directly from partners across all our verticals, as we dive even more deeply into these ideas. What’s the why now? Who is already building in these spaces? What opportunities and challenges are on the horizon? And how can you get involved?
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AI is creative massive opportunities for startups by making it possible to build scalable online experiences that replicate the benefits of being in person.
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Because improving your LTV:CAC from 2x to 3x can nearly triple your valuation.
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Pieter van der Does, co-CEO of Adyen, Anthony Noto, CEO of SoFi, and Kristo Käärmann, CEO of Wise, sat down with a16z Partner Alex Immerman.
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How 2022 impacted growth, efficiency, and burn metrics, and how companies should view their metrics in light of these new benchmarks going forward.
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Tracking metrics and benchmarking is a critical part of scaling a growth-stage company, but there are a lot of common failure modes. For instance, it’s easy to fall prey to confirmation bias and manipulate your numbers t...
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If you’re a fintech nerd like me, you’ve probably opened up more neobank accounts than you can count.
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If you’re a fintech nerd like me, you’ve probably opened up more neobank accounts than you can count.
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Benchmarks for B2B companies, based on a16z data and investing team expertise.
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In this episode of a16z Live, we are joined by Titan co-founder and co-CEO Clayton Gardner; a16z General Partner Anish Acharya; and a16z growth partner, Alex Immerman. The trio starts their conversation by diving into th...
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Now that the launch of the highly anticipated real-time payments network FedNow is finally happening, what will it mean for real-time payments in the U.S.?
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When capital becomes more expensive, how do you evaluate and decide on the best financing option for your company?
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When the U.S. government pursued its huge Covid stimulus package in 2020, they likely had little idea their actions would have such an impact on consumer fintech.
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Fintech companies with pay-as-you-go pricing have more revenue volatility, but they also align cost and value for a low barrier to adoption, fast and high rates of expansion, and strong customer retention.
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We are in the early days of consumer fintech -- today, only 15% of Americans bank exclusively through fintechs, and Wall Street real estate remains dominated by legacy players. But that is poised to change, and we are se...
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When tech investors talk about valuation as "multiples" on revenue, what does that really mean? We demystify the role of entry multiples and share the two factors that matter most in tech growth investing.
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In 2019, long before the outbreak of COVID-19, many lower gross margin tech companies were not being well-received by the public markets, and an excessive spotlight was cast by many on company gross margins. In the prese...