a16z Perennial and YZi Labs Dominate Family Office Activity in August

Data from FINTRX shows that in August, family offices participated in 109 transactions, totaling $16.9 billion in disclosed funding.

Of these, 27% were subsequent rounds of investment, where family offices continued to invest in existing projects.

This means that family offices are more active in seeking out and investing in new projects rather than continuing to invest in existing ones.

a16z Perennial was the most active institution in August, participating in 17 transactions and managing $2.74 billion in assets as of December 2025.

The second most active family office was YZi Labs, which manages over $10 billion in assets across various sectors including Web3, AI, and healthcare.