# Menlo Ventures

Menlo Ventures is a Venture Capital based in Menlo Park, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Menlo Park, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 1976
- **Assets under management:** $7.6B+ (per Menlo Ventures website)
- **Website:** www.menlovc.com
- **LinkedIn:** https://www.linkedin.com/company/menlo-ventures
- **Wikidata:** Q6817156

## Regulatory record

- **CRD number:** 161248
- **SEC file number:** 802-75435
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161248

## About

Menlo Ventures is an early-stage venture capital firm. As investors, they do not just sit on the sidelines, but do whatever it takes to help their teams win. They invest in transformative, early-stage tech companies that are changing the way we live and work, and work with founders across inception, venture, and inflection stages.

## Sectors

- AI/ML
- Enterprise Software
- Cybersecurity
- FinTech
- Healthcare Services
- Robotics & Automation
- Supply Chain & Automation

## People

- Matt Murphy — Partner
- Shawn Carolan — Partner
- Venky Ganesan — Partner
- Deedy Das — Partner
- Amy Wu Martin — Partner

## Questions

### How does Menlo Ventures organize its investment stages?

Menlo divides early-stage investing into three bands: Inception for pre-seed and seed validation, Venture for Series A and B company-building, and Inflection for initial growth-stage scaling. Teams are dedicated to each band, with the Inception Fund operating as a distinct pool inside the broader firm. This structure lets the same partnership support a company from incorporation through a Series C without handing off the relationship.

### How does Menlo Ventures source AI deals?

Menlo publishes original research on generative AI adoption inside enterprises, healthcare, and consumer markets, giving the firm a proprietary data layer most VCs lack. The Anthology Fund, a $100M vehicle formed with Anthropic, provides additional proprietary pipeline into AI-native startups. The firm's "All In on AI" posture means generalist partners actively cover infrastructure, application, and vertical-AI companies alongside dedicated AI investors.

### Does Menlo Ventures invest only in the US?

The firm concentrates its capital in North America but has backed companies with geographic exposure in Europe—Lovable and Photomath are two portfolio examples. The core office is in San Francisco, and the partnership primarily underwrites opportunities from US-based founders, though it does not formally restrict by jurisdiction.

### How does Menlo Ventures support portfolio companies beyond capital?

The firm operates a dedicated Fuel Team that provides portfolio companies with go-to-market execution, talent advisory, and corporate development support. Partnerships with over 170 public-company alumni and a 44-year network give founders access to operators who have navigated IPOs and acquisitions. Menlo explicitly markets itself not as a passive capital source but as a "company-building" firm that embeds operational help into the board relationship.

### What is Menlo Ventures' track record with public markets?

Menlo reports that its portfolio has produced over 170 public companies. Notable IPOs include Uber (2019), Roku (2017), Chime (2025), Poshmark (2021), and Recursion (2021). The firm also incubated Gilead Sciences in 1987, which went public in 1992 and remains one of the largest biotech companies globally.

## Related profiles

- [Menlo Advisors](https://altss.com/profile/menlo-advisors)
- [Mensa Investments Corporation](https://altss.com/profile/mensa-investments-corporation)

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Last updated: 2026-08-11T15:07:26.757Z

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