# Menlo Ventures' Biotech Investments: 11 Startups in Its Portfolio (2026)

> The 11 Biotech startups Menlo Ventures has backed, by stage: $1.7B raised between them. From the rounds we track; updated nightly.

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

## Series C and later

5

- [Encoded Therapeutics](https://millionrounds.com/company/encoded-therapeutics)
- [Recursion Pharmaceuticals](https://millionrounds.com/company/recursion-pharmaceuticals)
- [Sidecar Health](https://millionrounds.com/company/sidecar-health)
- [Benchling](https://millionrounds.com/company/benchling)
- [*CS* Comprehend Systems](https://millionrounds.com/company/comprehend-systems)

## Stage not reported

2

- [Scribe Therapeutics](https://millionrounds.com/company/scribe-therapeutics)
- [Cofactor Genomics](https://millionrounds.com/company/cofactor-genomics)

## Series A

2

- [Anagenex](https://millionrounds.com/company/anagenex)
- [Vilya](https://millionrounds.com/company/vilya)

## Series B

2

- [Pliant Therapeutics](https://millionrounds.com/company/pliant-therapeutics)
- [Senti Biosciences](https://millionrounds.com/company/senti-biosciences)

## Segment by segment

### Series C and later

5 startups · $1.1B raised

- [**Encoded Therapeutics**](https://millionrounds.com/company/encoded-therapeutics) Encoded Therapeutics is a Harnessing the regulatory genome to create next-generation molecular therapies. United States $379M
- [**Recursion Pharmaceuticals**](https://millionrounds.com/company/recursion-pharmaceuticals) Recursion Pharmaceuticals is a biotech company that develops a drug discovery platform and pipeline with machine learning. United States $339M
- [**Sidecar Health**](https://millionrounds.com/company/sidecar-health) Sidecar Health, Inc. United States $183M
- [**Benchling**](https://millionrounds.com/company/benchling) Benchling is a cloud-based platform for biotechnology research and development and the only biology-first platform for scientific United States $162M
- [*CS* **Comprehend Systems**](https://millionrounds.com/company/comprehend-systems) Comprehend provides a suite of cloud applications and consulting services that improve the clinical trial process. United States $46M

### Stage not reported

2 startups · $52M raised

- [**Scribe Therapeutics**](https://millionrounds.com/company/scribe-therapeutics) Scribe Therapeutics is a biotech company that develops and engineers new therapeutics based on CRISPR molecules. United States $33M
- [**Cofactor Genomics**](https://millionrounds.com/company/cofactor-genomics) Cofactor Genomics builds multidimensional models of disease to deliver true precision medicine. United States $20M

### Series A

2 startups · $51M raised

- [**Anagenex**](https://millionrounds.com/company/anagenex) Anagenex is a pre-clinical biotechnology company based in Lexington, Massachusetts, founded in 2019. United States $30M
- [**Vilya**](https://millionrounds.com/company/vilya) Vilya is a biotechnology company developing a novel class of drugs that precisely target the biology of disease. United States $21M

### Series B

2 startups · $519M raised

- [**Pliant Therapeutics**](https://millionrounds.com/company/pliant-therapeutics) Pliant Therapeutics focuses on discovering, developing, and commercializing breakthrough treatments for fibrotic diseases. United States $350M
- [**Senti Biosciences**](https://millionrounds.com/company/senti-biosciences) Senti Biosciences is a biotechnology company that focuses on synthetic biology and gene circuit engineering for therapeutic applications. United States $169M

**How this map is made.** Every startup here works in Biotech 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' AI portfolio** 95 startups · $155B](https://millionrounds.com/portfolio-maps/menlo-ventures-ai-portfolio)[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' Software portfolio** 10 startups · $540M](https://millionrounds.com/portfolio-maps/menlo-ventures-software-portfolio)

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