About Menlo Ventures
Menlo Ventures is a venture capital firm founded in 1976. It is primarily based out of Menlo Park, United States. As of Apr 2025, Menlo Ventures is an active investor, having invested in 428 companies, with 21 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it led the $16.7M Series A round of Brellium along with Necessary Ventures. This round also saw participation from Left Lane and other investors.
Overall, Menlo Ventures portfolio has seen 18 unicorns, 18 IPOs and 174 acquisitions including key companies like Uber, Roku and Rover. A lot of funds co-invest with Menlo Ventures, with names like SV Angel sharing a substantial percentage of its portfolio.
Menlo Ventures has team of 61 people including 23 partners.
Key Metrics
Team Members
, Venky Ganesan &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Menlo Ventures' Year-on-Year Investment Trends
Menlo Ventures has invested in 430 companies over the last 32 years, with an average of 18 new investments annually in the last 10 years. In 2024, it made 26 investments, while as of Apr 2025, it has made 17 investments in this year. Its most recent first time investment was in Brellium and most recent follow-on round was in True Anomaly.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 11 | 6 | 17 |
2024 | 15 | 11 | 26 |
2023 | 19 | 11 | 30 |
2022 | 22 | 25 | 47 |
2021 | 28 | 29 | 57 |
2020 | 18 | 13 | 31 |
2019 | 8 | 18 | 26 |
2018 | 22 | 15 | 37 |
2017 | 12 | 19 | 31 |
2016 | 12 | 14 | 26 |
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Menlo Ventures' Investment Trends by Stage
Menlo Ventures has made 123 investments in Series B stage with an average round size of $27.8M, 121 investments in Series A stage with an average round size of $17M and 68 investments in Seed stage with an average round size of $4.95M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Series B | 123 |
Series A | 121 |
Seed | 68 |
Series C | 43 |
Series D | 10 |
Others | 8 |
Menlo Ventures' Investment Trends by Sector
Menlo Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, Consumer and FinTech. Notably, it has invested in 371 Tech companies, 309 Enterprise (B2B) companies, 190 Software companies and at least 128 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 183 |
High Tech | 108 |
Enterprise Infrastructure | 90 |
Consumer | 71 |
FinTech | 49 |
Others | 413 |
Menlo Ventures' Investment Trends by Geography
Menlo Ventures has made most investments in United States (376), followed by India where it has made 7 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
United States | 350 |
Israel | 7 |
India | 6 |
United Kingdom | 3 |
Canada | 2 |
Others | 11 |
Menlo Ventures' recent investments
Here are the most recent investments by Menlo Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 30, 2025 | United States | Series C | $260M | Accel [+8] | |
Apr 17, 2025 | United States | Series A | $16.7M | First Round Capital [+8] | |
Apr 17, 2025 | United States | Series A | $50M | ||
Apr 08, 2025 | United States | Series A | $50M | Mayfield [+3] | |
Apr 03, 2025 | United States | Series B | $60M | Craft Ventures [+3] |
Get the detailed list of all investments by Menlo Ventures. Download now!Unicorns in Menlo Ventures' Portfolio
Here is a list of unicorns in Menlo Ventures' portfolio:
ÃØÃÜÑо¿Ëù Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
49 | AI-powered platform connecting job seekers with companies | 2023 | San Francisco | Series B | bapqage | ||
50 | Provider of AI foundation model for robotics | 2023 | Pittsburgh | Series A | zwizwyf | ||
49 | AI-enabled platform for drug discovery and development | 2023 | San Francisco | Series D | uopxjbi | ||
60 | SaaS Platform for B2B Rebate Management | 2016 | Stratford upon avon | Series D | nguehjt | ||
60 | AI based content creation platform for businesses | 2022 | San Francisco | Series B | peyxvxd |
IPOs and Publicly Listed companies in Menlo Ventures' Portfolio
Here are Menlo Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 29, 2021 | May 31, 2011 | Seed | $2.14M | |
Sep 24, 2021 | Aug 30, 2006 | Series A | $29.5M | |
Sep 17, 2021 | Feb 23, 2018 | Series A | $53M | |
Apr 16, 2021 | Oct 03, 2017 | Series B | $60M | |
Dec 16, 2020 | - | - | - |
Acquired companies in Menlo Ventures' Portfolio
Here are Menlo Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 17, 2025 | Apr 11, 2018 | Seed | $2.9M | |
Mar 28, 2025 | Nov 14, 2023 | Series B | $25M | |
Jan 31, 2025 | Dec 2013 | Series B | $15M | |
Jan 15, 2025 | May 03, 2004 | Series A | $12M | |
Sep 04, 2024 | Jun 08, 2021 | Series B | $60M |
Team profile of Menlo Ventures
Menlo Ventures has a team of 61 membersÌýincluding 23 Partners, 3 Venture Partners and 16 PrincipalsÌýlocated in United States. Menlo Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Menlo Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Palo Alto | - | ||
Partner | Menlo Park | - | , | |
Partner | Jackson | - | , | |
Partner | San Francisco | - | , | |
Partner | San Francisco | - | , | |
Partner | San Francisco | - | , | |
Partner | Menlo Park | - | ||
Partner | United States | - | , | |
Partner | Menlo Park | - | , | |
Partner | Palo Alto | - | ||
Partner | New York City | - |
Get the full list of Menlo Ventures' team & partners for free. Download now!Co-investors of Menlo Ventures
Over the past 32 years, 2060 investors have co-invested in Menlo Ventures's portfolio companies.
- Invested before Menlo Ventures:Ìý, a16z and 511 others have invested in rounds before Menlo Ventures. There are 17 companies where Y Combinator has invested before Menlo Ventures and 10 companies where a16z has invested before Menlo Ventures.
- Top Co-investors of Menlo Ventures:Ìý746 investors entered a company along with Menlo Ventures. These include investors like SV Angel (13 companies).
- Invested after Menlo Ventures:ÌýA total of 801 investors have invested in Menlo Ventures's portfolio after their investments. Top Investors include SoftBank Vision Fund (9 companies), Tiger Global Management (7 companies) and Google Ventures (6 companies).
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