Funding
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Menlo Ventures

Activity from announced rounds

Activity in this selectionOct 18, 2026 · Sep 19, 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
3
Confirmed lead rounds
0
All roles disclosed
New companies
2
First participation on record · 1 follow-on
Funding in participating rounds
$1.1B
3 disclosed · full round size, not this investor’s share

By stage

Series B2
Series C+1

By primary sector

AI2
Cybersecurity1

By country

United States3

Rounds

3 in this selection
Modal Labs

Optimizes AI inference to reduce compute costs and response time

$750MSeries D
Participant
Nous Research

Open-source AI models and the Hermes agent, which retains project memory and reusable skills across tasks.

$90MSeries B
Participant
Armadin

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

$255.5MSeries B
Participant