Menlo Ventures

Activity from announced rounds

Activity in this selectionAug 31, 2026 · Aug 1, 2026

Menlo Ventures backs early-stage technology companies, with a major focus on AI infrastructure and applications across enterprise, healthcare and consumer markets.

Its stated investment areas also include cybersecurity, fintech, robotics, hardware and supply-chain automation. Across these areas, Menlo examines how AI changes both the underlying infrastructure and the products businesses or consumers use.

The Menlo Anthology Fund is a $100 million initiative developed with Anthropic to finance AI startups. Menlo also publishes research on enterprise, consumer and healthcare AI adoption, offering founders evidence about buyer demand and spending in their markets.

Sources
Rounds participated in
8
Confirmed lead rounds
2
4 roles undisclosed
New companies
5
First participation on record · 3 follow-on
Funding in participating rounds
$1.3B
7 disclosed · full round size, not this investor’s share

By stage

Series B3
Series A2
Series C+2
Pre-seed1

By primary sector

AI4
Cybersecurity1
Defense tech1
Developer tools1
Enterprise software1

By country

United States6
1
Sweden1

Rounds

8 in this selection
OliverAI

Builds an analytical database platform that lets AI agents query enterprise data in real time

UndisclosedPre-Seed
Role not disclosed
Sleuth

Sleuth gives software teams data and workflows to measure engineering efficiency and improve how reliably they deliver software.

$22MSeries A
Participant
Higgsfield

AI video and image creation platform for professional creators and brands

$400MSeries B
Participant
Wispr Flow

Wispr Flow turns speech into edited text across desktop and mobile applications and provides AI notes for meetings.

$280MSeries B
Lead
Lovable

Lovable helps people build software by describing what they want to an AI development platform.

$400MSeries C
Lead
Heaviside Industries

Builds autonomous precision munitions platforms for air, land, and sea forces

$60MSeries B
Role not disclosed
Sapiom

Builds infrastructure that helps engineering teams run AI agents reliably in production

$35MSeries A
Role not disclosed
Obsidian Security

Secures non-human identities and AI agents operating in third-party applications

$85MSeries D
Role not disclosed