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Investor profile

Menlo Ventures

Venture capital firm · Founded 1976 · Active in 2026

Menlo Ventures is a venture capital firm based in USA, founded in 1976. The page below shows 63 Power Law outcomes from Menlo Ventures's portfolio — 52 unicorns ($1B+ valuation) and 5 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).

Outcomes are concentrated in AI · Other · Other B2B Software; top portfolio geographies are USA · Sweden. Menlo ranks #75 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.

63 Power Law outcomes Power Law Ranking #75 · Global · 63 Power Law outcomes · Active 2026
Unicorns ↑ 86% 5y
52
Decacorns ↑ 50% 5y
6
Thoroughbreds ↑ 52% 5y
43
01 · Exits

Menlo’s biggest exits.

Menlo portfolio companies worth $1B+ that have IPO’d or been acquired. Each shows its valuation at exit and, in grey, its current value if still public.

$82.0B IPO · 2019
Entered Series B+Now $153B
IPO · 1999
Entered Series ANow $21.0B
$1.3B IPO · 2017
Entered Series B+Now $16.7B
$2.2B IPO · 2016
Entered Series B+Now $12.4B
$9.0B IPO · 2025
Entered Series B+Now $5.9B
$6.0B IPO · 2021
Entered Series ANow $3.0B
$5.4B IPO · 2021
Entered Series B+Now $840M
$155M IPO · 2018
Entered Series B+Now $4.1B
$2.7B IPO · 2021
Entered Series B+Now $1.0B
$1.4B IPO · 2021
Entered Series B+Now $1.6B
IPO · 2011
Entered Series B+Now $1.4B
$1.2B IPO · 2022
Entered Series ANow $91M
$1.1B acquisition · 2025
Entered Series B+
$1.0B acquisition · 2025
Entered Series B+
$1.0B acquisition · 2018
Entered Series B+
03 · Portfolio analysis

The 63 Menlo Power Law outcomes ($100M+ revenue or $1B+ valuation).

Snapshot of where the outcomes are concentrated by country, sector, and stage entered.

By countryCount
  1. USA60
  2. Sweden3
By sectorCount
  1. AI13
  2. Other8
  3. Other B2B Software7
  4. Cybersecurity6
  5. Fintech6
  6. Health Tech & Medtech5
  7. Biotech & Life Sciences5
  8. Marketing5
  9. eCommerce & Marketplaces4
  10. Transportation2
  11. Edtech1
  12. Robotics1
By stage enteredCount
  1. Series B+39
  2. Series A11
  3. Seed7
Estimated holdings

Menlo’s biggest current holdings.

An estimate of Menlo’s largest live positions — disclosed shareholding × Dealroom’s latest valuation — across 15 companies where Menlo is a named shareholder, worth about $57.0B in estimated equity value.

#CompanyEst. stakeValuationEst. value
  1. 1 AnthropicEnterprise Software · Centicorn 6% $900B $54.0B
  2. 2 HarnessEnterprise Software · Unicorn 10.5% $5.5B $578M
  3. 3 BenchlingEnterprise Software · Unicorn 9% $6.1B $549M
  4. 4 CartaFintech · Unicorn 4.5% $7.4B $333M
  5. 5 Abnormal SecuritySecurity · Unicorn 6.3% $5.1B $321M
  6. 6 HomeLightReal Estate · Unicorn 13.5% $1.7B $230M
  7. 7 9% $2.5B $224M
  8. 8 2.5% $6.6B $165M
  9. 9 8% $1.3B $104M
  10. 10 4% $2.5B $98M
  11. 11 7.5% $1.3B $98M
  12. 12 8.5% $1.1B $95M

Showing the 12 largest of 15 disclosed direct holdings.

6 companies hidden on this public profile. Estimated value = Menlo’s disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →

04 · Portfolio market map

Menlo's 63 Power Law outcomes.

Stage entered
Outcome tier
Region
Group by
63 of 63 Power Law outcomes
05 · Power Law comparison

How does Menlo stack up?

Menlo in orange, your selection in blue and other colours. Pick from the global roster of 609 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.

Compare against

Share of new unicorns per year

% of global unicorns minted that year, year by year · hover the chart to see which unicorns
Performance window All-time → 2026

Stage focus

Companies by selected outcome stage

Sector focus

Companies per investor across the 10 highest-volume sectors

Beyond Unicorns — how the portfolio compounds

% of each investor's unicorn portfolio that later crossed $10B, $25B and $50B. Pick a sort tier and entry stage.
Sort by
Entry stage
Source: Dealroom Power Law dataset. Investors shown are the 2026 Power Law top 35 by combined entry-to-outcome score, drawn from the overview and locations_data sheets. Funnel-matrix axes rescale per-axis using the maximum among the currently selected investors, so the polygons always fill the chart for shape comparison.
06 · Portfolio founders

Where Menlo's portfolio founders come from — and where they studied.

173 founders across the 63 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Stanford University and Alphabet | Google are the deepest single pipelines.

LocationCount
United States78
India30
China9
Canada6
United Kingdom4
Lithuania3
Denmark3
Sweden3
Russia2
Ecuador2
+5 more →
UniversityCount
Stanford University13
Harvard University12
Wharton School of the University of Pennsylvania10
Berkeley6
Massachusetts Institute of Technology5
University of Michigan5
ETH Zurich3
University of Cambridge3
Brandeis University3
University of Washington3
+61 more →
Origin companyCount
Alphabet | Google15
OpenAI7
Meta6
Microsoft6
X.4
Yahoo!4
Apple4
Rubrik3
PayPal3
Stripe3
+62 more →
Origin = country a founder is born in or grew up in (founders may have multiple origins; counts include all entries). University = highest-listed degree. Origin company = a previous employer where the founder was tagged before starting their current company.
07 · Key people

Key people at Menlo.

Sources: Dealroom desktop research, official firm profiles and public investor lists.

Market sentiment

What the market is saying about Menlo Ventures

An AI-synthesized read of the highest-engagement posts about Menlo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

In the news

Latest news about Menlo Ventures

Recent press, funding announcements, and portfolio moves mentioning Menlo — pulled live from Dealroom's news feed.

See all news

Want the full picture on Menlo Ventures?

The Dealroom platform tracks every round, every co-investor, and every portfolio company in real time — across 25,000+ investors and 3M+ companies globally.