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Menlo Ventures

USAI/MLB2B SaaSEnterpriseHealthtechFintechCybersecurityConsumerDevtoolsDeep TechBio/Pharma

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Investment thesis

Menlo Ventures is an early-stage, multi-stage VC firm founded in 1976 and based in Menlo Park, CA, managing $7B+ in assets. The firm is 'ALL IN on AI,' backing transformative technology companies across AI/ML, enterprise software, consumer, healthtech, fintech, cybersecurity, bio/healthcare, devtools, and supply chain. It invests from pre-seed (via its Inception Fund with ~$100K SAFEs) through growth (via its $500M Inflection Fund writing $20–40M checks at early-growth inflection points), with particular strength at Seed and Series A. Menlo operates a founder-first, hands-on partnership model and positions itself as a lead investor. It also runs the $100M Anthology Fund in partnership with Anthropic to back next-generation AI startups.

Recent investments

CompanyRoundSizeDate
Grow TherapyMarch 2026
HiggsfieldJanuary 2026
LovableDecember 2025

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