Menlo Ventures

Menlo Ventures is a venerable venture capital firm, established in 1976, with a long-standing presence in the Silicon Valley ecosystem. Based in Menlo Park, California, the firm has built a reputation for backing innovative companies across consumer, enterprise, and life science technologies. Their investment philosophy spans the entire company lifecycle, from early-stage seed rounds through to growth-stage investments, demonstrating a flexible and comprehensive approach to capital deployment.

The firm's investment strategy is characterized by its dual-fund structure, allowing them to tailor their capital deployment to specific company stages. Their core early-stage fund, Menlo XV, closed in April 2022 with $650 million, primarily focuses on seed to Series B investments, with initial checks typically ranging from $1 million to $20 million. Complementing this is the Menlo Inflection II fund, also closed in April 2022 with $300 million, which targets later-stage Series C and beyond opportunities, capable of deploying initial checks from $20 million up to $75 million. This bifurcated approach enables Menlo Ventures to provide substantial follow-on capital and support portfolio companies as they scale.

Over its nearly five-decade history, Menlo Ventures has cultivated an impressive track record, having invested in over 400 companies. Their portfolio boasts a significant number of successful exits, including more than 70 IPOs and over 100 M&A transactions. Notable past investments include household names and industry leaders, underscoring their ability to identify and nurture high-potential ventures. The firm's enduring presence and consistent fundraising efforts, such as the combined $950 million raised across their two funds in 2022, solidify its position as a key player in the venture capital landscape, committed to fostering technological innovation.