Menlo Ventures

Activity from announced rounds

All recorded activity

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
42
Confirmed lead rounds
4
30 roles undisclosed
New companies
37
First participation on record · 5 follow-on
Funding in participating rounds
$8.2B
41 disclosed · full round size, not this investor’s share

By stage

Series B12
Series C+12
Series A10
Seed3
Undisclosed3
1 more
Pre-seed2

By primary sector

AI15
Healthtech5
Cybersecurity4
Defense tech4
Enterprise software4
6 more
Developer tools3
Biotech2
Fintech2
Climate tech1
Robotics1
Space tech1

By country

United States39
Sweden2
1

Rounds

42 in all activity
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
Arc Boat Company

Arc Boat Company builds electric recreational boats and propulsion systems for commercial vessels.

$50MSeries C
Role not disclosed
Legora

Legora develops AI software for law firms and in-house legal teams.

$550MSeries D
Role not disclosed
Armadin

Armadin develops AI agents that test attack paths across enterprise systems and show defenders how connected weaknesses could be exploited.

$189.9MSeed+Series A
Role not disclosed
Grow Therapy

Supports providers delivering in-person and online therapy and psychiatric care.

$150MSeries D
Role not disclosed
Solace Health

Solace Health connects patients with healthcare advocates.

$130MSeries C
Role not disclosed
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