Menlo Ventures provides capital for multi-stage consumer, enterprise and life sciences technology companies. Since 1976, the firm’s market-driven analysis has led to the identification of opportunities and successful investments in innovative markets.
Notable areas of investment include Marketplaces (Uber, Rover.com, Breather, RealtyShares, Getaround); Consumer Services (Machine Zone, Tumblr, Betterment, Poshmark, Roku, Siri); Smart Cloud Infrastructure (Dropcam, 3Par, Avi Networks, Avere Systems, eero); SaaS (Carbonite, Signifyd, Clarifai, Overops, Usermind); Fintech (Betterment, Bluevine, RealtyShares); Cybersecurity (Cavium, IronPort, BitSight, vArmour, Dedrone); and Life Sciences Technology (Synthego, Cofactor Genomics, Recursion Pharmaceuticals, 3T Biosciences).
Menlo’s portfolio includes more than 70 public companies, and more than 100 mergers and acquisitions, with $5 billion under management. The firm is currently investing in Menlo Ventures XIV, a $450 million early-stage fund, as well as its $250 million Menlo Special Opportunity Fund, which targets early-growth investments.
Menlo invests in different stages of a company’s development. They typically invest up to $20 million in the main funding round, and continue to support subsequent rounds. For later stage opportunities, they have the capacity to invest more than $30 million, focusing on capital-efficient models with the potential to disrupt huge markets.
Menlo announced $500m Inflection Fund
Menlo Ventures announced their new Inflection Fund. The fund is intended to support maturing startups.
A bank offering online banking services with no user no bank fees, and an option to receive direct deposit up to two days early. Chris Britt and Ryan King founded Chime in 2013, and the company is headquartered in San Francisco, California.
A company providing medical technology, service and solutions to treat chronic diseases.
A software company offering an enterprise information management platform.
Carta (formerly eShares) is a San Francisco based cap table management platform that offers 409A valuations, products for investors and public companies.
RSA Security is a Bedford, Massachusetts-based computer and network security company.
Uber Technologies Inc. is a transportation network company (TNC) headquartered in San Francisco, California.
A synthetic biology company that designs, builds and tests genetic circuits for the purposes programming cell therapies. Their first therapeutic candidates are aimed at solid tumors and blood cancer and the company plans to move beyond oncology.
A technology company offering cloud-based device management software for Apple devices.
Unravel, a Palo Alto, California based company, provides full-stack visibility and AI-powered guidance to help users understand and optimize the performance of their data-driven applications.
SendHub is a company providing an online messaging system for businesses.
A company using RNA to diagnose disease and to develop biomarkers that predict treatment outcomes. Cofactor is founded by Jarret Glasscock.
Benchling is a company based in San Francisco focusing on life science collaboration, both private and public, through creating cloud based software tools for digital DNA sequence editing, designing and running experiments, analyzing data, and sharing research.
A company offering an enterprise workplace visitor management software platform.
Parse is a company providing cloud-based software developer kits for building applications for desktop, mobile, and embedded devices.
Dredrone is an airspace security platform that detects, classifies, and mitigates drone threats.
A company offering an online platform for small and medium-sized businesses to gain access to financial products.
Munchery is the operator of a recipe website where users can search recipes, find cooking tutorials, and a glossary of cooking terms. Based in San Francisco, Munchery originally opened in 2011 as a pre-made meal delivery company that closed in 2019.
Insurdata is a Denver and London-based insurance technology and big data company founded in 2017 by Cory Isaacson.
ProducePay is a Los Angeles-based company founded in 2014 by Pablo Borquez Schwarzbeck.
Associated investment funds
Kirsten (Ashton) Mello
Sonja Hoel Perkins