Menlo Ventures
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.
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
- 16 vehicleson 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.
- 14 companiesnew in 12 months
14 new companies in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 3 of 6enter 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.
- 3 companiesportfolio 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.
- 10 dealswith 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- Managing Director, Managing MemberWhy: Managing directorNo route on file yet
- Managing Director, Managing MemberWhy: Managing directorNo route on file yet
- Managing Director, Managing MemberWhy: Managing directorNo route on file yet
Relationship network
370 connected entities28 observed rounds6 repeat counterparties4 dated rounds shown here, 2018 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.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
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
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| agency.inc | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| astrix.security | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
| brainjar.games | portfolio listing | unknown | unknown | unknown | unknown | Sep 30, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- 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
Team
42 current, 7 departed
Decision makers
- John William Jarve · Managing Director, Managing MemberWhy this person: Managing director; Named with investment responsibility
- Mark Aaron Siegel · Managing Director, Managing MemberWhy this person: Managing director; Named with investment responsibility
- Venkataraman Vishnampet Ganesan · Managing Director, Managing MemberWhy 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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Director, Managing Member
- Managing Director, Managing Member
- Managing Director, Managing Member
4 departed (kept with end dates)
- Douglas Craig Carlisle · Managing Director, Managing Member · Oct 1, 1984 to Mar 31, 2026 Fact
- Henry Dubose Montgomery · Managing Director, Managing Member · Aug 1, 1974 to Mar 31, 2026 Fact
- Pravin Anand Vazirani · Managing Director, Managing Member · Dec 1, 2004 to Mar 31, 2017 Inference
Contacts
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
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Menlo Inflection Cybersecurity Partners, L.P. | Fund | 2026 form d first sale | Newly closed | unknown | unknown | $20.0M of $20.0M | Jul 31, 2026 |
| Menlo Inflection AI Partners II, L.P. | Fund | 2025 form d first sale | Newly closed | $107M Sep 14, 2026 | 1 | $37.8M of $37.8M | Mar 7, 2025 |
| Menlo Inflection Ai Partners, L.P. | Fund | 2024 adv first reported | Early deployment | $1.7B Sep 14, 2026 | 0 | $0 of $500M | Jan 9, 2024 |
Limited partners
- 3 commitments to 3 funds · $250M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | Menlo Inflection III, L.P. | $250M committed | committed Mar 15, 2022 | Fact Pension disclosure |
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | Menlo Inflection IV, L.P. | $225M committed | committed Oct 31, 2025 | Fact Pension disclosure |
| Washington State Investment Board | PUBLIC INSTITUTIONAL POOL | Menlo Olympic Fund I, L.P. | $225M committed | committed Jun 29, 2023 | Fact Pension disclosure |
Relationships across DFX
257 co-investors · on 2 other DFX graphs
Co-investors
- 2026-09-3010 shared deals · very strong
- 2026-09-3010 shared deals · very strong
- 2026-09-279 shared deals · very strong
Across DFX and the capital chainon 2 other DFX graphs · 105 capital paths ShowHide
- The same institution is held on RIA and Wealth (2 records), Allocators, matched by identifier. See which records
Menlo Ventures is the same institution as 3 records in RIA and Wealth and Allocators.
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…
Menlo Ventures sits on 105 traced paths of capital across the graphs.
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
- Sep 14, 2026Menlo Inflection Ai Investors II, L.P. first reported on Form ADV by Menlo Ventures, GAV $55,318,312
- Mar 31, 2026Menlo Inflection Suno Partners, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $45,493,526
- Mar 31, 2026Menlo Inflection Ai Partners II, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $107,415,678
- Mar 31, 2026Menlo Ventures Xvii, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $673,886,399
- Mar 31, 2026Menlo Inflection IV, L.P. first reported on Form ADV by Menlo Ventures (Venture Capital Fund), GAV $764,294,810
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 1, 2026 · 8 private fundsShowHide
- 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
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $11.7B
- Sep 14, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $11.8B
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $5.8B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Apr 1, 2026 | Fact | Form ADV |
| Why admitted | VC exemption, VC funds reported | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 1, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 1, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 1, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 31, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Apr 1, 2026 | Fact | Form ADV |
| First Form ADV filing | 2016-06-22 | Mar 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2016-06-22 | Mar 29, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-29 | Mar 29, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-01 | Apr 1, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-01 | Apr 1, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-31 | Mar 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-29 | Mar 29, 2024 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 14, 2026 | Fact | Form ADV |
| SEC status | ERA - Active | Apr 1, 2026 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 31, 2026 | Fact | Form ADV |
| SEC status effective | 2012-03-29 | Apr 1, 2026 | Fact | Form ADV |
| SEC status effective | 2016-06-22 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 1, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 29, 2024 | Fact | Form ADV |
| Business phone | Apr 1, 2026 | Fact | Form ADV | |
| Business phone | Mar 31, 2026 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Business phone | Mar 29, 2024 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 13, 2026 | Fact | ||
| Headquarters | Apr 1, 2026 | Fact | Form ADV | |
| Headquarters | Mar 31, 2026 | Fact | Form ADV | |
| Headquarters | Mar 29, 2024 | Fact | Form ADV | |
| Headquarters | Mar 29, 2024 | Fact | Form ADV | |
| Office address | Apr 1, 2026 | Fact | Form ADV | |
| Office address | Mar 31, 2026 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Office address | Mar 29, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 13, 2026 | Fact | |
| Legal form | Limited Liability Company | Apr 1, 2026 | Fact | Form ADV |
| Legal form | Limited Partnership | Mar 31, 2026 | Fact | Form ADV |
| Legal form | Limited Partnership | Mar 29, 2024 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 29, 2024 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 13, 2026 | Fact | ||
| Private funds reported | 8 | Apr 1, 2026 | Fact | Form ADV |
| Private funds reported | 8 | Apr 1, 2026 | Fact | Form ADV |
| Private funds reported | 31 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 31 | Mar 31, 2026 | Fact | Form ADV |
| Private funds reported | 25 | Mar 29, 2024 | Fact | Form ADV |
| Private funds reported | 8 | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $968M | Apr 1, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $968M | Apr 1, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $11B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $11B | Mar 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $4.8B | Mar 29, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.0B | Mar 29, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 31, 2026 | Fact | Form ADV |
| Stated geography | global “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | global “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | Global, globally “geography words on the home page” | Sep 13, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, healthcare, consumer, climate, hardware, robotics, defense, cybersecurity, logistics “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, healthcare, consumer, climate, hardware, robotics, defense, cybersecurity, logistics “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, healthcare, biotech, consumer, climate, hardware, robotics, defense, cybersecurity, logistics “sector words on the home page” | Sep 13, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | early “stage words on the home page” | Sep 13, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 13, 2026 | Fact | ||
| Venture funds reported | 8 | Apr 1, 2026 | Fact | Form ADV |
| Venture funds reported | 8 | Apr 1, 2026 | Fact | Form ADV |
| Venture funds reported | 31 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 31 | Mar 31, 2026 | Fact | Form ADV |
| Venture funds reported | 25 | Mar 29, 2024 | Fact | Form ADV |
| Venture funds reported | 8 | Mar 29, 2024 | Fact | Form ADV |
| Website | Mar 31, 2026 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Website | Mar 29, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $11.7B
- importance
- gav: 0.93 · 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
- score 61.5confidence 100%Why: sector fit; geography fit; activity; analogousWatch: adjacent portfolio
- score 56confidence 100%Why: sector fit; stage fit; geography fit; activityWatch: adjacent portfolio
- score 54.8confidence 100%Why: sector fit; stage fit; activity; analogousWatch: 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
- Merged in2026-09-13
- LP commitment disclosed2025-12-31source on record
- LP commitment disclosed2025-12-31source 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.