Menlo Ventures

Activity from announced rounds

Activity in this selectionOct 24, 2026 · Developer tools · Jan 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
11
Confirmed lead rounds
2
6 roles undisclosed
New companies
9
First participation on record · 2 follow-on
Funding in participating rounds
$1.9B
10 disclosed · full round size, not this investor’s share

By stage

Series B3
Pre-seed2
Series A2
Series C+2
Seed1
1 more
Undisclosed1

By primary sector

AI7
Developer tools3
Fintech1

By country

United States10
Sweden1

Rounds

11 in this selection
Greptile

Greptile builds an AI code-review and validation platform that checks software changes against the context of a team’s codebase.

$50MSeries B
Lead
Modal Labs

Optimizes AI inference to reduce compute costs and response time

$750MSeries D
Participant
Factory

Develops an autonomous software-development platform for enterprise engineering teams.

$200MFunding
Participant
Gimlet Labs

Provides a cloud inference platform and compiler that distribute AI workloads across different processor types.

$300MSeries B
Participant
OliverAI

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

UndisclosedPre-Seed
Role not disclosed
Lovable

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

$400MSeries C
Lead
Sapiom

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

$35MSeries A
Role not disclosed
OpenRouter

Provides a unified API gateway enabling access, routing, and optimization across 400+ AI models for developers and enterprises

$113MSeries B
Role not disclosed
BrainGrid

Builds AI product planning tools for non-technical founders

$1MPre-Seed
Role not disclosed
Gimlet Labs

Provides a cloud inference platform and compiler that distribute AI workloads across different processor types.

$80MSeries A
Role not disclosed
Sapiom

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

$15MSeed
Role not disclosed