# Menlo Ventures' AI Investments: 95 Startups in Its Portfolio (2026)

> The 95 AI startups Menlo Ventures has backed, by stage: $155B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/menlo-ventures-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series A

24

- [Flapping Airplanes](https://millionrounds.com/company/flapping-airplanes)
- [Xaira Therapeutics](https://millionrounds.com/company/xaira-therapeutics)
- [Axiom](https://millionrounds.com/company/axiom)
- [*T* Turing](https://millionrounds.com/company/turing)
- [Prime Intellect](https://millionrounds.com/company/prime-intellect)
- [Armadin Security](https://millionrounds.com/company/armadin-security)
- [Alta](https://millionrounds.com/company/alta)
- [Aurascape](https://millionrounds.com/company/aurascape)
- [WisdomAI](https://millionrounds.com/company/wisdomai)
- [Manifest OS](https://millionrounds.com/company/manifest-os)
- [Slingshot AI](https://millionrounds.com/company/slingshot-ai)
- [*NS* Nectar Social](https://millionrounds.com/company/nectar-social)
- [Brellium](https://millionrounds.com/company/brellium)
- [Wispr Flow](https://millionrounds.com/company/wispr-flow)
- [Cleanlab](https://millionrounds.com/company/cleanlab)
- [Delphi](https://millionrounds.com/company/delphi)
- [ScopeAI](https://millionrounds.com/company/scopeai)
- [Agency AI](https://millionrounds.com/company/agency-ai)
- [Meticulous](https://millionrounds.com/company/meticulous)
- [New Lantern](https://millionrounds.com/company/new-lantern)
- [OpenHands](https://millionrounds.com/company/openhands)
- [NationGraph](https://millionrounds.com/company/nationgraph)
- [Zania](https://millionrounds.com/company/zania)
- [ConverzAI](https://millionrounds.com/company/converzai)

## Series C and later

21

- [Anthropic](https://millionrounds.com/company/anthropic)
- [Fireworks AI](https://millionrounds.com/company/fireworks-ai)
- [Skild AI](https://millionrounds.com/company/skild-ai)
- [Lovable](https://millionrounds.com/company/lovable)
- [Legora](https://millionrounds.com/company/legora)
- [Mercor](https://millionrounds.com/company/mercor)
- [Suno](https://millionrounds.com/company/suno)
- [Chai Discovery](https://millionrounds.com/company/chai-discovery)
- [Synthego](https://millionrounds.com/company/synthego)
- [Abnormal AI](https://millionrounds.com/company/abnormal-ai)
- [Assort Health](https://millionrounds.com/company/assort-health)
- [Basecamp Research](https://millionrounds.com/company/basecamp-research)
- [Observe.AI](https://millionrounds.com/company/observe-ai)
- [Netlify](https://millionrounds.com/company/netlify)
- [Clarifai](https://millionrounds.com/company/clarifai)
- [Aisera](https://millionrounds.com/company/aisera)
- [Vivun](https://millionrounds.com/company/vivun)
- [Clear Labs](https://millionrounds.com/company/clear-labs)
- [Eleos Health](https://millionrounds.com/company/eleos-health)
- [Sana](https://millionrounds.com/company/sana)
- [OpenSpace](https://millionrounds.com/company/openspace)

## Pre-seed and seed

20

- [Walden Robotics](https://millionrounds.com/company/walden-robotics)
- [*E* Eve](https://millionrounds.com/company/eve)
- [*F* Flora](https://millionrounds.com/company/flora)
- [*E* Elorian](https://millionrounds.com/company/elorian)
- [RunSybil](https://millionrounds.com/company/runsybil)
- [Sleuth](https://millionrounds.com/company/sleuth)
- [Frontera Health](https://millionrounds.com/company/frontera-health)
- [*SK* Standard Kernel](https://millionrounds.com/company/standard-kernel)
- [Sapiom](https://millionrounds.com/company/sapiom)
- [General Analysis](https://millionrounds.com/company/general-analysis)
- [Aron](https://millionrounds.com/company/aron)
- [Cheiron](https://millionrounds.com/company/cheiron)
- [Trove AI](https://millionrounds.com/company/trove-ai)
- [alphaXiv](https://millionrounds.com/company/alphaxiv)
- [Composite](https://millionrounds.com/company/composite)
- [Kabata](https://millionrounds.com/company/kabata)
- [Checkit AI](https://millionrounds.com/company/checkit-ai)
- [Supbase](https://millionrounds.com/company/supbase)
- [Assemble Labs](https://millionrounds.com/company/assemble-labs)
- [*B* BrainGrid](https://millionrounds.com/company/braingrid)

## Series B

19

- [Function Health](https://millionrounds.com/company/function-health)
- [Higgsfield](https://millionrounds.com/company/higgsfield)
- [*A* Armadin](https://millionrounds.com/company/armadin)
- [Gimlet Labs](https://millionrounds.com/company/gimlet-labs)
- [Heidi Health](https://millionrounds.com/company/heidi-health)
- [*W* Wispr](https://millionrounds.com/company/wispr)
- [DELFI Diagnostics](https://millionrounds.com/company/delfi-diagnostics)
- [Town](https://millionrounds.com/company/town)
- [Nous Research](https://millionrounds.com/company/nous-research)
- [Goodfire](https://millionrounds.com/company/goodfire)
- [OpenRouter](https://millionrounds.com/company/openrouter)
- [*MA* Mecka AI](https://millionrounds.com/company/mecka-ai)
- [Typeface](https://millionrounds.com/company/typeface)
- [Numeric](https://millionrounds.com/company/numeric)
- [Edge Delta](https://millionrounds.com/company/edge-delta)
- [Lindy](https://millionrounds.com/company/lindy)
- [Relyance](https://millionrounds.com/company/relyance)
- [Photomath](https://millionrounds.com/company/photomath)
- [TruEra](https://millionrounds.com/company/truera)

## Stage not reported

6

- [Outreach](https://millionrounds.com/company/outreach)
- [Endgame](https://millionrounds.com/company/endgame)
- [Genesis Molecular AI](https://millionrounds.com/company/genesis-molecular-ai)
- [RelationalAI](https://millionrounds.com/company/relationalai)
- [Pangram](https://millionrounds.com/company/pangram)
- [Bluenote Health](https://millionrounds.com/company/bluenote-health)

## Growth

5

- [Modal Labs](https://millionrounds.com/company/modal-labs)
- [Factory](https://millionrounds.com/company/factory)
- [*H* Harness](https://millionrounds.com/company/harness)
- [*E* Enter](https://millionrounds.com/company/enter)
- [Canvas](https://millionrounds.com/company/canvas)

## Segment by segment

### Series A

24 startups · $3.7B raised

- [**Flapping Airplanes**](https://millionrounds.com/company/flapping-airplanes) Flapping Airplanes is an AI research lab dedicated to developing data-efficient training methods for artificial intelligence. United States $1.2B
- [**Xaira Therapeutics**](https://millionrounds.com/company/xaira-therapeutics) Xaira Therapeutics is an integrated biotechnology company founded in 2023 and publicly launched in April 2024. United States $1.0B
- [**Axiom**](https://millionrounds.com/company/axiom) Deploy zero-knowledge apps fast with OpenVM and the Axiom Proving API. United States $314M
- [*T* **Turing**](https://millionrounds.com/company/turing) United States $189M
- [**Prime Intellect**](https://millionrounds.com/company/prime-intellect) Prime Intellect is a technology company based in Dover, Delaware, focused on building an open superintelligence stack. United States $180M
- [**Armadin Security**](https://millionrounds.com/company/armadin-security) Armadin Security is an AI-powered cybersecurity company that specializes in real-time threat hunting. United States $165M
- [**Alta**](https://millionrounds.com/company/alta) Invest or sell private companies, funds and alternative assets with Alta, Southeast Asia’s largest marketplace for alternative ass United States $116M
- [**Aurascape**](https://millionrounds.com/company/aurascape) Aurascape is an AI-native security company based in Santa Clara, California. United States $76M

### Series C and later

21 startups · $144B raised

- [**Anthropic**](https://millionrounds.com/company/anthropic) United States $134B
- [**Fireworks AI**](https://millionrounds.com/company/fireworks-ai) Fireworks AI is a generative AI infrastructure platform that specializes in delivering fast inference and full-parameter training United States $1.7B
- [**Skild AI**](https://millionrounds.com/company/skild-ai) Building general purpose robotic intelligence. United States $1.4B
- [**Lovable**](https://millionrounds.com/company/lovable) Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessi Sweden $1.4B
- [**Legora**](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. Sweden $1.3B
- [**Mercor**](https://millionrounds.com/company/mercor) Mercor is an AI data company founded in January 2023, specializing in connecting domain experts with AI labs and enterprises. United States $1.2B
- [**Suno**](https://millionrounds.com/company/suno) Suno, Inc. United States $750M
- [**Chai Discovery**](https://millionrounds.com/company/chai-discovery) Chai Discovery is an artificial intelligence biotechnology company based in San Francisco, California, founded in March 2024. United States $530M

### Pre-seed and seed

20 startups · $723M raised

- [**Walden Robotics**](https://millionrounds.com/company/walden-robotics) Walden Robotics Builds wheeled, two-armed semi-humanoid robots using Physical AI for manufacturing and logistics. United States $300M
- [*E* **Eve**](https://millionrounds.com/company/eve) United States $107M
- [*F* **Flora**](https://millionrounds.com/company/flora) United States $56M
- [*E* **Elorian**](https://millionrounds.com/company/elorian) United States $55M
- [**RunSybil**](https://millionrounds.com/company/runsybil) RunSybil is an AI-native offensive security company founded in 2023 and based in San Francisco, California. United States $40M
- [**Sleuth**](https://millionrounds.com/company/sleuth) Crowdsourced solutions for children's health. United States $39M
- [**Frontera Health**](https://millionrounds.com/company/frontera-health) Frontera Health assists physicians in evaluating and treating children with autism and related diseases. United States $32M
- [*SK* **Standard Kernel**](https://millionrounds.com/company/standard-kernel) United States $20M

### Series B

19 startups · $4.2B raised

- [**Function Health**](https://millionrounds.com/company/function-health) 100 Healthy Years • Your new routine of 120+ advanced lab tests explained by the world's top doctors United States $748M
- [**Higgsfield**](https://millionrounds.com/company/higgsfield) Higgsfield is a video AI firm committed to democratizing social media content creation for everyone. United States $480M
- [*A* **Armadin**](https://millionrounds.com/company/armadin) United States $446M
- [**Gimlet Labs**](https://millionrounds.com/company/gimlet-labs) Gimlet Labs is an applied AI research and product company located in San Francisco. United States $380M
- [**Heidi Health**](https://millionrounds.com/company/heidi-health) Heidi Health is reinventing primary care with beautiful AI-powered software to increase the quality and accessibility of care. Australia $332M
- [*W* **Wispr**](https://millionrounds.com/company/wispr) United States $305M
- [**DELFI Diagnostics**](https://millionrounds.com/company/delfi-diagnostics) DELFI Diagnostics is a biotechnology company founded in 2019 that focuses on early cancer detection through a blood-based liquid b United States $259M
- [**Town**](https://millionrounds.com/company/town) Town is an applied AI company based in San Francisco that focuses on creating tools to simplify software creation and usage for ev United States $241M

### Stage not reported

6 startups · $410M raised

- [**Outreach**](https://millionrounds.com/company/outreach) Outreach is a sales engagement platform that uses AI for predictive analytics as it relates to sales. United States $238M
- [**Endgame**](https://millionrounds.com/company/endgame) Endgame lets you connect the dots between user behavior and sales opportunities, without expensive data scientists or engineers. United States $87M
- [**Genesis Molecular AI**](https://millionrounds.com/company/genesis-molecular-ai) Genesis Molecular AI is a biotechnology company based in the San Francisco Bay Area, founded in 2019. United States $40M
- [**RelationalAI**](https://millionrounds.com/company/relationalai) RelationalAI is a software company based in Berkeley, California, founded in 2017. United States $23M
- [**Pangram**](https://millionrounds.com/company/pangram) Boutique Indian VC firm investing in HealthTech, FinTech, InsurTech & HRTech United States $13M
- [**Bluenote Health**](https://millionrounds.com/company/bluenote-health) Bluenote Health operates as an AI platform for life sciences. United States $10M

### Growth

5 startups · $1.3B raised

- [**Modal Labs**](https://millionrounds.com/company/modal-labs) Modal develops machine learning software to help run code in the cloud. United States $442M
- [**Factory**](https://millionrounds.com/company/factory) United States $405M
- [*H* **Harness**](https://millionrounds.com/company/harness) United States $285M
- [*E* **Enter**](https://millionrounds.com/company/enter) Brazil $166M
- [**Canvas**](https://millionrounds.com/company/canvas) Canvas is best known for developing the world's first drywall finishing robot, which combines robotic precision with the skills an United States $35M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Menlo Ventures as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Menlo Ventures' Fintech portfolio** 26 startups · $3.2B](https://millionrounds.com/portfolio-maps/menlo-ventures-fintech-portfolio)[Sector portfolio **Menlo Ventures' Big Data & Analytics portfolio** 17 startups · $1.2B](https://millionrounds.com/portfolio-maps/menlo-ventures-big-data-analytics-portfolio)[Sector portfolio **Menlo Ventures' IT Services portfolio** 16 startups · $576M](https://millionrounds.com/portfolio-maps/menlo-ventures-it-services-portfolio)[Sector portfolio **Menlo Ventures' Cybersecurity portfolio** 15 startups · $1.4B](https://millionrounds.com/portfolio-maps/menlo-ventures-cybersecurity-portfolio)[Sector portfolio **Menlo Ventures' Biotech portfolio** 11 startups · $1.7B](https://millionrounds.com/portfolio-maps/menlo-ventures-biotech-portfolio)[Sector portfolio **Menlo Ventures' Software portfolio** 10 startups · $540M](https://millionrounds.com/portfolio-maps/menlo-ventures-software-portfolio)

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