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 May 2025, Menlo Ventures is an active investor, having invested in 432 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 First Round Capital. This round also saw participation from Necessary Ventures and other investors.
Overall, Menlo Ventures portfolio has seen 18 unicorns, 20 IPOs and 176 acquisitions including key companies like Uber, Roku and Netlify. 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 60 people including 22 partners.
Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 8 more
Portfolio Acquisitions
Portfolio Soonicorns
Menlo Ventures' List of Top Investments
Menlo Ventures has a portfolio of 432 companies, including 18 unicorns. Their most notable investments are in Numeric and Service.Their portfolio spans across United States, Israel, India and 16 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 31 other sectors, across stages such as Series B, Series A and 8 more. Here is the list of top investments by Menlo Ventures:1. Uber
App-based ride-hailing aggregator. The platform provides services including taxi-hailing, food delivery, freight solutions, self-drive electric vehicle rentals, corporate transportation, and more. Users can book services by providing location, destination, user details, payment details, and more. The app is available for both Android and iOS devices.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $44B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 31,100 as on Dec 31, 2023
- Investors: HarbourVest Partners, Vulcan Capital and 187 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $1.15B
- Highlight: Public
2. Roku
Provider of connected video streaming devices. It provides digital media products that feature OTT content from platforms like Netflix and Amazon Prime, and showtime through channels. Its devices receive data through wired and Wi-Fi connections from an internet router. Its mobile application is available for Android and iOS devices.
Key facts about Roku
- Founded Year: 2008
- Location: San Jose (United States)
- Annual Revenue: $2.31B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $214M
- Employee Count: 2,897 as on Dec 31, 2022
- Investors: HarbourVest Partners, Sunrise Ventures and 15 Others
- Latest Funding Round: Series G, Jan 28, 2016, $45.5M
- Highlight: Public
3. Netlify
Cloud based continuous application development and deployment software. It enables developers to push and deploy the code using CDN from the command line. The platform offers solutions to develop web applications. It allows users to manage frontend, and backend codes. It also supports multiple integrations to automate the workflows.
Key facts about Netlify
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $2B as on Nov 18, 2021
- Stage: Series D
- Total Funding till date: $212M
- Investors: Kleiner Perkins, Bessemer Venture Partners and 17 Others
- Latest Funding Round: Series D, Nov 17, 2021, $105M
- Highlight: Editors' Pick
4. Rover
App-based pet sitting marketplace. The platform connects dog owners with dog sitters who look after pets at owners own homes. It allows users to find other pet-care service providers and book using the platform by making an online payment. Its service offerings include dog boarding, house sitting, dog walking, pet grooming, and more. The app is available for iOS and Android devices.
Key facts about Rover
- Founded Year: 2011
- Location: Olympia (United States)
- Annual Revenue: €1.28M as on Dec 31, 2022
- Stage: Acquired
- Total Funding till date: $284M
- Employee Count: 71 as on Dec 31, 2014
- Investors: Bryant Stibel, Cross Creek and 30 Others
- Latest Funding Round: Series G, May 24, 2018, $125M
- Highlight: Acquired
5. Chime
Digital bank for individuals. Its services include debit cards, savings account, money transfers, cash withdrawals, online/offline payments, check deposits, and more. It also offers transaction and balance alerts. The application is available on iOS and Android devices.
Key facts about Chime
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $2.64B
- Employee Count: 1,604 as on Dec 31, 2022
- Investors: Access Industries, General Atlantic and 54 Others
- Latest Funding Round: Series F, Aug 06, 2021, $1.1B
- Highlight: Public
Menlo Ventures' Year-on-Year Investment Trends
Menlo Ventures has invested in 434 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 May 2025, it has made 21 investments in this year. Its most recent first time investment was in WisdomAI and most recent follow-on round was in Monarch.
Year | No. of Investments | ||
---|---|---|---|
1st Round | Follow-on | Total | |
2025 (YTD) | 13 | 8 | 21 |
2024 | 15 | 11 | 26 |
2023 | 20 | 11 | 31 |
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' Investments by Stage
Menlo Ventures has made 123 investments in Series B stage with an average round size of $27.8M, 122 investments in Series A stage with an average round size of $17M and 70 investments in Seed stage with an average round size of $5.65M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Series B | 123 |
Series A | 122 |
Seed | 70 |
Series C | 44 |
Series D | 10 |
Others | 8 |
Menlo Ventures' Investments by Sector
Menlo Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Consumer and FinTech. Notably, it has invested in 374 Tech companies, 312 Enterprise (B2B) companies, 195 Software companies and at least 131 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 186 |
Enterprise Infrastructure | 90 |
High Tech | 90 |
Consumer | 72 |
FinTech | 50 |
Others | 393 |
Menlo Ventures' Investments by Geography
Menlo Ventures has made most investments in United States (354), followed by Israel where it has made 7 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
United States | 354 |
Israel | 7 |
India | 5 |
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 |
---|---|---|---|---|---|
May 23, 2025 | United States | Series B | $75M | Forerunner [+4] | |
May 20, 2025 | United States | Series B | $41M | Goodwater Capital [+2] | |
May 07, 2025 | United States | Seed | $23M | Coatue [+3] | |
Apr 30, 2025 | United States | Series C | $260M | Accel [+8] | |
Apr 17, 2025 | United States | Series A | $16.7M | First Round Capital [+8] |
Unicorns in Menlo Ventures' Portfolio
Here is a list of unicorns in Menlo Ventures' portfolio:
Tracxn 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 | vxsmrpw | ||
50 | Provider of AI foundation model for robotics | 2023 | Pittsburgh | Series A | bjmdblx | ||
49 | AI-enabled platform for drug discovery and development | 2023 | San Francisco | Series D | bsibwcd | ||
60 | SaaS Platform for B2B Rebate Management | 2016 | Stratford upon avon | Series D | fwsoqcf | ||
60 | AI based content creation platform for businesses | 2022 | San Francisco | Series B | lobgytl |
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 |
---|---|---|---|---|
Jun 12, 2025 | May 31, 2018 | Series C | $70M | |
Dec 23, 2024 | - | - | - | |
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 |
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 |
---|---|---|---|---|
May 13, 2025 | Apr 06, 2012 | Series B | $8M | |
May 05, 2025 | Aug 01, 2023 | Series B | $46M | |
May 05, 2025 | Jun 22, 2022 | Series A | $16M | |
Apr 17, 2025 | Apr 11, 2018 | Seed | $2.9M | |
Mar 28, 2025 | Nov 14, 2023 | Series B | $25M |
Team profile of Menlo Ventures
Menlo Ventures has a team of 60 members including 22 Partners, 3 Venture Partners and 16 Principals located 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 | Menlo Park | - | ||
Partner | United States | - | ||
Partner | Menlo Park | - | ||
Partner | Palo Alto | - | ||
Partner | New York City | - | ||
Partner | San Francisco | - |
Co-investors of Menlo Ventures
Over the past 32 years, 2077 investors have co-invested in Menlo Ventures's portfolio companies.
- Invested before Menlo Ventures: Y Combinator, a16z and 513 others have invested in rounds before Menlo Ventures. There are 18 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: 744 investors entered a company along with Menlo Ventures. These include investors like SV Angel (13 companies).
- Invested after Menlo Ventures: A total of 818 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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