VC firm
Menlo Ventures
Also known as Anthology Fund, Menlo Entrepreneurs Inflection, Menlo Entrepreneurs Inflection Fund, L.P, Menlo Inflection ABN AI, Menlo Inflection ABN AI Partners, L.P., Menlo Inflection AI, Menlo Inflection AI Partners II, L.P., Menlo Inflection AI Partners, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28Source (opens in a new tab)
- Headquarters
- San Francisco, CA, United States
- Assets under management
- $7.6BStated by firm, as of 2026-09-17Source (opens in a new tab)
- Latest fund size
- $1.7BForm ADV gross asset value, as of 2023Source (opens in a new tab)
- Funds
- 57
- Legal name
- Menlo Ventures Management, L.P.
- menlovc.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- X (opens in a new tab)
- Team page (opens in a new tab)
Record updated 29 September 2026
About
Menlo Ventures is a venture capital firm established in 1976, based in San Francisco and Menlo Park, California, with $7.6B+ under management. The firm organizes its investing around 'Three Stages of Early': Inception (early-stage idea validation), Venture (Series A and B), and Inflection (early growth-stage). It focuses on AI, bio + healthcare, consumer, cybersecurity, defense, fintech, infrastructure, robotics + hardware, SaaS, and supply chain + automation.
Investment approach
- Thesis
- When we invest, we’re invested.Source (opens in a new tab)
- Investing status notes
- Site actively lists current team, recent investments (e.g. Anthropic, Suno, Lovable) and a dedicated 'Menlo Anthology Fund' and 'Inception Fund' program.
Funds
- Menlo Inflection Atlas Partners, L.P.
- Vintage 2026Main fund
- Menlo Inflection Suno Partners II, L.P.
- Vintage 2026Main fund
- Menlo Inflection IV Private Investors, L.P.
- Vintage 2026Main fund
- Menlo Inflection AI Partners II, L.P.
- $37.8MVintage 2025, SPV, SEC amount sold
- Menlo Ventures 2025 - Allocate Access, L.P.
- $6.5MVintage 2025, SPV, SEC amount sold
- Menlo Inflection Suno Partners, L.P.
- Vintage 2025Main fund
- Menlo Inflection IV Innovators, L.P.
- Vintage 2025Main fund
- Menlo Inflection ABN AI Partners, L.P.
- Vintage 2025Main fund
- Menlo Inflection AI Partners, L.P.
- Vintage 2023Main fund
- Menlo Special Opportunities Fund III, L.P.
- $761MVintage 2022, Main fund, SEC amount sold
- Menlo Labs Fund II, L.P.
- Vintage 2022Main fund
- Menlo Olympic Fund I, L.P.
- Vintage 2022Main fund
- More funds
- 45 more recorded
SEC registration
- Registered adviser
- MV MANAGEMENT XI, LLC
- CRD number
- 161248 (opens in a new tab)
- SEC file number
- 802-75435
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $968Mas of 2026-04-01
- Private funds reported
- 8
- Principal office
- MENLO PARK, CA, United States
- SEC CIK
- 1672662, 1762933, 1772134
Locations
- Office
- Menlo Park, CA, United States
- Office
- San Francisco, CA, United States