# Merlin Ventures: portfolio, investments and team > Merlin Ventures is a vc firm based in United States. 5 investments on record, 4 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/merlin-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Merlin Ventures Last cheque observed Sep 2026; 5 cheques on record. Email VC firm Deploying now Seed Series A Series B Cyber-security Authentication Privacy Follow Merlin Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fmerlin-ventures) Deploying now **100%** of best year **4** **cheques in 12 months**, 5 on record Since the last cheque **64** days **00** hrs **00** min **00** sec Median round **$61M** Rounds led **2 of 5** Mostly in **Israel, 60%** Pitch Merlin Ventures ## Merlin Ventures highlights - 01 4 cheques in the last 12 months - 02 Mostly Series A and Growth: 75% of its rounds - 03 Led 2 rounds ## What they do > Merlin Ventures partners with ambitious founders building the next generation of AI-native cybersecurity companies. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Cyber-security Authentication Privacy - **Based in:** Fairfax, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **5 appearances** - **2026** 4 rounds - **Sept** **[Huskeys](https://millionrounds.com/company/huskeys)** Series A · US · Bright Pixel **$27M** With 7 others - **Aug** **[Neo](https://millionrounds.com/company/neo)** US · Ventureburn **$100M** With 3 others - **Mar** **Jazz** Seed · IL · Ventureburn **$61M** With 5 others - **Jan** **Torq** Growth · IL · TechStartups **$140M** *Led* - **2019** 1 round - **Nov** **Sepio Systems** Series A · IL · FinSMEs **$6.5M** *Led* 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. ## The team We hold **5** 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. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$137M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Merlin Ventures Management LLC - **SEC number:** CRD 334993 ## The cheque Seed Series A Series B Median round joined **$61M** the round, not its cheque Led 2 of 5 rounds **40%** - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Series A said *2* - Growth *1* - Seed said *1* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 2 **Pitching Merlin Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Merlin Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners) ## Recently backed The latest companies Merlin Ventures put money into. [**Neo** $100M · Aug 2026](https://millionrounds.com/company/neo) ## Quick answers about Merlin Ventures ### What does Merlin Ventures invest in? Merlin Ventures invests most often at Series A and Growth (75% of the rounds on record), in sectors such as Cyber-security, Authentication and Privacy. ### How active is Merlin Ventures? 5 investments on record, 4 of them in the last 12 months, and it led 2. The most recent was in Sept 2026. ### What has Merlin Ventures invested in recently? Its most recent investments on record: Huskeys (Series A, Sept 2026), Neo (Undisclosed round, Aug 2026) and Jazz (Seed, Mar 2026). ### How big are Merlin Ventures's cheques? The median round it joins is $61M. ### Does Merlin Ventures lead rounds? Yes: it led 2 of its 5 investments on record (40%). ### Where does Merlin Ventures invest? Most of the companies it backs are in Israel (60%) and the United States (40%). ### Is Merlin Ventures investing now? Yes: it is actively investing, with 4 investments in the last 12 months. ### Who does Merlin Ventures invest alongside? Most often Bessemer Venture Partners (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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