Menlo Ventures

Activity from announced rounds

Activity in this selectionAI

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
35
Confirmed lead rounds
4
25 roles undisclosed
New companies
32
First participation on record · 3 follow-on
Funding in participating rounds
$7.6B
34 disclosed · full round size, not this investor’s share

By stage

Series B10
Series C+10
Series A8
Undisclosed3
Pre-seed2
1 more
Seed2

By primary sector

AI15
Healthtech4
Cybersecurity3
Developer tools3
Enterprise software3
5 more
Biotech2
Fintech2
Defense tech1
Robotics1
Space tech1

By country

United States33
Sweden2

Rounds

35 in this selection
Goodfire

Uses interpretability to understand, learn from, and design AI systems

$150MSeries B
Role not disclosed
Sapiom

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

$15MSeed
Role not disclosed
Cartwheel

Provides mental health platform for K-12 schools students families and staff

$35.2MSeries B
Role not disclosed
FLORA

Builds unified creative environment for generative workflows

$42MSeries A
Role not disclosed
Higgsfield

AI video and image creation platform for professional creators and brands

$80MSeries A+
Role not disclosed