What does Menlo Ventures invest in?
Menlo Ventures invests most often at Series B and Series A (44% of the rounds on record), in sectors such as B2C, Enterprise and B-to-c.

United States · Investor
Last cheque observed Oct 2026; 740 cheques on record.
Deploying nowNew fund $20M, Sept 2026VC firm
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93 cheques in the last 12 months
Mostly Series B and Series A: 44% of its rounds
Sole investor in 39 rounds, median $6.0M
84 exits from the portfolio
Menlo Ventures is an early-stage venture capital firm that invests across AI, consumer, enterprise, and healthcare technologies.From their own website
Every round we can evidence, newest first740 appearances
77 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration17 named
We also hold 70 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
From the firm's own filings with the SEC, which it must file accurately by law
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.
| Fund | Vintage | Committed |
|---|---|---|
| Menlo Ventures XVII | 2026 | $175M |
| Menlo Ventures XV | 2020 | $125M |
| Menlo Ventures XIV | 2017 | $100M |
| Menlo Ventures XII | 2015 | $100M |
| Menlo Ventures XI | 2011 | $100M |
| Menlo Ventures X | 2006 | $150M |
| Menlo Ventures IX | 2001 | $200M |
| Menlo Ventures VIII | 1999 | $50M |
and 4 more
From their own portfolio page (on their website)
6riverAbnormalAeroscoutAirbaseAiseraAlloyAnsibleAnthropicAppdomeArcboatsArchlabsArmadinAssemblelabsAssorthealthAuroratherapeuticsAvinetworksBenchlingBettermentChimeFireworksOpenevidenceSunoUberlovable.devAccordanceAffinityAlcoveAltadailyAnycartAxiommathGetabacusHpeUseanvilagency.incastrix.security
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Companies it backed that were later bought or listed84 in all
The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.
The investors most often in the same rounds as Menlo Ventures. A count of rooms they were both in, not a relationship either has claimed.
The latest companies Menlo Ventures put money into.
6 episodes naming Menlo Ventures in the title, and 4 more that mention it.

20VC: Is Seed Investing Dead Without a $1BN Fund? | Does Ownership and Price Matter When Companies Can Be $1TRN Exits | Are AI Revenue Numbers Real and What to Watch Out For with Venky Ganesan, Menlo Ventures
WithVenky Ganesan
MentionsMenlo Ventures

E182: Lessons from 17 Years at Menlo Ventures and Accel w/Tyler Sosin
WithTyler Sosin
MentionsAccelMenlo Ventures

🧬 NASA, Harvard & Biotech: A Journey to Investing at Menlo Ventures | Johnny Hu (Part 1/4)
WithJohnny Hu
MentionsMenlo Ventures

Melting the Ice: Menlo Ventures' Approach to VC Winter with Matt Murphy | 2024 Upfront Summit
WithMatt Murphy
MentionsMenlo Ventures

E41: "Angel" Podcast: Shawn Carolan, Managing Partner at Menlo Ventures shares insights on his early investments in Uber, Roku, Siri & JUMP Bikes, adjusting his approach in response to hundreds of new venture funds with billions in dry powder & more!
WithShawn Carolan
MentionsMenlo VenturesTravis Kalanick

SaaStr 267: Menlo Ventures Partner Naomi Ionita on 3 Lessons in Monetization - Matching Price to Value
WithNaomi Ionita
MentionsMenlo Ventures

Inside the Anthropic Bet That Made Menlo a Top AI Firm | Matt Murphy

What VCs Really Think About Personal AI Agents | E2347

20VC: Leading Anthropic's First Ever Round | Will Open Source Threaten Anthropic's Business | Do Margins Matter in a World of AI | Why Triple, Triple, Double, Double is Not Good Enough Today | Why Series A is Hard Today with Matt Murphy @ Menlo

Behind the Scenes with an early OpenClaw contributor! | E2252
Menlo Ventures invests most often at Series B and Series A (44% of the rounds on record), in sectors such as B2C, Enterprise and B-to-c.
740 investments on record, 93 of them in the last 12 months, and it led 39. The most recent was in Oct 2026.
Its most recent investments on record: Warp Sciences (Series A, Oct 2026), Alta (Series A, Oct 2026) and Legora (Series E, Oct 2026).
The median round it joins is $37M. It says it writes cheques of $1.0M to $20M.
Sometimes: it led 39 of its 740 investments on record (5%).
Most of the companies it backs are in the United States (85%) and Sweden (8%).
Yes: it is actively investing, with 93 investments in the last 12 months.
Most often Lightspeed Venture Partners (44 rounds together), Alumni Ventures (35 rounds together) and Andreessen Horowitz (33 rounds together).
Find the investors who back rounds like yours, and keep every conversation on one fundraising board.
Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it