Menlo Ventures logo

Menlo Ventures

Multi-stage venture firmSEC venture capital fund adviserRaising· Menlo Park, Californiamenlovc.com

Menlo Ventures is an early-stage venture capital firm that invests across AI, consumer, enterprise, and healthcare technologies.

In the firm's own words, from its website.

Reported fund assets
$12B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
14
Investment team
32
Latest vintage
2026
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (186)Team (42)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

37 additional team members, 37 additional co-investors and affiliates, 267 additional investments, funds and LPs, 65 events, 34 verified contacts (32 professional url, 2 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 16 vehicles
    on Form D, 18 months

    $20M reported sold so far.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →
  2. 14 companies
    new in 12 months

    14 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  3. 3 of 6
    enter at Series B+

    Its site says early stage, but 3 of 6 first entries on record are Series B or later.

    rounds to 17 Aug 2026 · A founder raising at the stage the site names should know where the cheques have actually gone.

    Derived6 rounds with a stated stage, against the firm's siteFor FoundersInvestments →
  4. 3 companies
    portfolio raising

    3 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 1 Oct 2026 ($256M round).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactPress release wires (PR Newswire, GlobeNewswire)For Co-investors, LPs, lendersInvestments →
  5. 10 deals
    with Artisanal Ventures

    Invests most often alongside Artisanal Ventures (10 shared deals) and Madrona Venture Group (10 shared deals).

    pair last observed on record 30 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Relationship network

369 connected entities29 observed rounds6 repeat counterparties5 dated rounds shown here, 2017 to 2025

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Menlo Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Menlo Ventures

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

186 companies on record, 14 new in 12 months
Investments on record
186 companies, 54 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
agency.incportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
astrix.securityportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
brainjar.gamesportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
230 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, fintech, healthcare, consumer, climate, hardware, robotics, defense, cybersecurity, logistics
Stages
early
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation
seed 33%series b 33%pre seed 17%series d plus 17%
Stage at first entry
seed 33%series b 33%pre seed 17%series d plus 17%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (4)
lead rate 53%follow-on rate 21%new companies, 12 months 14
site says seed/early; 50% of first entries on record are Series B or later

Team

42 current, 7 departed
Decision makers
who to call first, and why; then everyone else by function
  • John William Jarve · Managing Director, Managing Member
    Why this person: Managing director; Named with investment responsibility
  • Mark Aaron Siegel · Managing Director, Managing Member
    Why this person: Managing director; Named with investment responsibility
  • Venkataraman Vishnampet Ganesan · Managing Director, Managing Member
    Why this person: Managing director; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
42 current, 7 departed
5 departed (kept with end dates)
Contacts
2 firm phone, 32 professional url

2 firm phone, 32 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

57 vehicles, 4 LPs disclosed
Funds and vehicles
57 reported, 7 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Menlo Inflection Cybersecurity Partners, L.P.Fund2026 form d first saleNewly closedunknownunknown$20.0M
of $20.0M
Jul 31, 2026
Menlo Inflection AI Partners II, L.P.Fund2025 form d first saleNewly closed$107M
Sep 14, 2026
1$37.8M
of $37.8M
Mar 7, 2025
Menlo Inflection Ai Partners, L.P.Fund2024 adv first reportedEarly deployment$1.7B
Sep 14, 2026
0$0
of $500M
Jan 9, 2024
Limited partners
4 LPs, 19 disclosed commitments
Known LPs and allocators
24 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLMenlo Inflection III, L.P.$250M
committed
committed Mar 15, 2022Fact Pension disclosure
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLMenlo Inflection IV, L.P.$225M
committed
committed Oct 31, 2025Fact Pension disclosure
Washington State Investment BoardPUBLIC INSTITUTIONAL POOLMenlo Olympic Fund I, L.P.$225M
committed
committed Jun 29, 2023Fact Pension disclosure

Relationships across DFX

257 co-investors · on 2 other DFX graphs
Co-investors
257 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 105 capital paths Show
Across DFX
  • The same institution is held on RIA and Wealth (2 records), Allocators, matched by identifier. See which records
Across the graphs

Menlo Ventures is the same institution as 3 records in RIA and Wealth and Allocators.

RIA and Wealth2Allocators1

DFX found 3 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Menlo Ventures sits on 105 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to VC fund to manager to company

DFX traced 105 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

70 dated events, 127 observations from 3 sources
Timeline
70 dated events
  1. Sep 14, 2026
    Menlo Inflection Ai Investors II, L.P. first reported on Form ADV by Menlo Ventures, GAV $55,318,312
    Fund first reported on Form ADVFundsFactMenlo Inflection Ai Investors II, L.P.Form ADV
  2. Mar 31, 2026
    Menlo Inflection Suno Partners, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $45,493,526
    Fund first reported on Form ADVFundsInferenceMenlo Inflection Suno Partners, L.P.Form ADV
  3. Mar 31, 2026
    Menlo Inflection Ai Partners II, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $107,415,678
    Fund first reported on Form ADVFundsInferenceMenlo Inflection AI Partners II, L.P.Form ADV
  4. Mar 31, 2026
    Menlo Ventures Xvii, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $673,886,399
    Fund first reported on Form ADVFundsInferenceMenlo Ventures XVII, L.P.Form ADV
  5. Mar 31, 2026
    Menlo Inflection IV, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $764,294,810
    Fund first reported on Form ADVFundsInferenceMenlo Inflection IV, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 1, 2026 · 8 private fundsShow
Headquarters
Menlo Park, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
menlovc.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Apr 1, 2026
Private funds reported
8 (8 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$968Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
MVM GP, L.L.C. (General Partner), owns under 5%
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $11.7B
  2. Sep 14, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $11.8B
  3. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $5.8B
Evidence
127 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedApr 1, 2026FactForm ADV
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserApr 1, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2026FactForm ADV
SEC adviser typeExempt reporting adviserApr 1, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2012-03-29Apr 1, 2026FactForm ADV
First Form ADV filing2016-06-22Mar 31, 2026FactForm ADV
First Form ADV filing2016-06-22Mar 29, 2024FactForm ADV
First Form ADV filing2012-03-29Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-04-01Apr 1, 2026FactForm ADV
Latest Form ADV filing2026-04-01Apr 1, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
Adv pdf loadedadv-pdf-1Sep 14, 2026FactForm ADV
SEC statusERA - ActiveApr 1, 2026FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2012-03-29Apr 1, 2026FactForm ADV
SEC status effective2016-06-22Mar 31, 2026FactForm ADV
Venture share of reported funds1Apr 1, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneApr 1, 2026FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
Business phoneMar 29, 2024FactForm ADV
Contact page urlSep 30, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 13, 2026Factno URL
HeadquartersApr 1, 2026FactForm ADV
HeadquartersMar 31, 2026FactForm ADV
HeadquartersMar 29, 2024FactForm ADV
HeadquartersMar 29, 2024FactForm ADV
Office addressApr 1, 2026FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Office addressMar 29, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Factno URL
Self-described typeVenture capitalSep 16, 2026Factno URL
Self-described typeVenture capitalSep 13, 2026Factno URL
Legal formLimited Liability CompanyApr 1, 2026FactForm ADV
Legal formLimited PartnershipMar 31, 2026FactForm ADV
Legal formLimited PartnershipMar 29, 2024FactForm ADV
Legal formLimited Liability CompanyMar 29, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 13, 2026Factno URL
Private funds reported8Apr 1, 2026FactForm ADV
Private funds reported8Apr 1, 2026FactForm ADV
Private funds reported31Mar 31, 2026FactForm ADV
Private funds reported31Mar 31, 2026FactForm ADV
Private funds reported25Mar 29, 2024FactForm ADV
Private funds reported8Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$968MApr 1, 2026FactForm ADV
Private fund gross assets (reported)$968MApr 1, 2026FactForm ADV
Private fund gross assets (reported)$11BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$11BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$4.8BMar 29, 2024FactForm ADV
Private fund gross assets (reported)$1.0BMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographyglobal
“geography words on the home page”
Sep 30, 2026Factno URL
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyGlobal, globally
“geography words on the home page”
Sep 13, 2026Factno URL
Stated sectorsAI, enterprise software, fintech, healthcare, consumer, climate, hardware, robotics, defense, cybersecurity, logistics
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsAI, enterprise software, fintech, healthcare, consumer, climate, hardware, robotics, defense, cybersecurity, logistics
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, enterprise software, fintech, healthcare, biotech, consumer, climate, hardware, robotics, defense, cybersecurity, logistics
“sector words on the home page”
Sep 13, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesearly
“stage words on the home page”
Sep 13, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 13, 2026Factno URL
Venture funds reported8Apr 1, 2026FactForm ADV
Venture funds reported8Apr 1, 2026FactForm ADV
Venture funds reported31Mar 31, 2026FactForm ADV
Venture funds reported31Mar 31, 2026FactForm ADV
Venture funds reported25Mar 29, 2024FactForm ADV
Venture funds reported8Mar 29, 2024FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShow
Importance
95
high
Active deployment
90
high
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $11.7B

The inputs behind each score
importance
gav: $1 · funds: 1 · people: 1 · investments: 0.88 · co investors: 0.97
active deployment
investments 12m: 1 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-17
emerging manager
fund count: 64 · reported gav: $12B · first adv filing: 2016-06-22 · years since first filing: 10.3

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

49 scored matches, best firstas of
  • score 61.5confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 56confidence 100%
    Why: sector fit; stage fit; geography fit; activity
    Watch: adjacent portfolio
  • score 54.8confidence 100%
    Why: sector fit; stage fit; activity; analogous
    Watch: adjacent portfolio

+46 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 identity change, 9 dated events on the change ledger, latest event first
  • Merged in
    2026-09-13
  • LP commitment disclosed
    2025-12-31source on record
  • LP commitment disclosed
    2025-12-31source on record

+7 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.