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Menlo

Menlo Park

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HQ
Menlo Park, US
Last 12 months
5 investments
AUM
$369.7M
Tracked investments
9

What they invest in

from 9 of 9 portfolio companies

AI & Machine Learning Γ—6SaaS Γ—6Developer Tools Γ—4Enterprise Software Γ—4Data & Infrastructure Γ—2Fintech Γ—2Advanced Manufacturing Γ—1AgTech Γ—1

HQs:United StatesΓ—6CanadaΓ—1

Investments Β· 9 tracked

founders shown can be your intro path

By year:2026 Β· 42025 Β· 12023 Β· 12022 Β· 17 dated

All Hands AIall-hands.devin𝕏

All Hands develops OpenHands, an open-source, model-agnostic platform for building and running AI coding agents, providing the interface, automation, and control layer to scale from a single local agent to an organization-wide system.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise Software

Robert Brennan(CEO)inGraham Neubig(Chief Scientist)inXingyao Wang(Chief AI Officer)inBen Solari(CRO)in

Co-investors645 VenturesBetaworksFujitsu VenturesPillar VCMenlo Ventures

Clerkclerk.comin𝕏Oct 2025 Β· $50M

Clerk provides user management and authentication infrastructure for developers, enabling quick integration of complete user management systems into applications.

Developer ToolsEnterprise SoftwareSaaSSan Francisco, US

Braden Sidoti(Executive Officer, Director)inColin Sidoti(Executive Officer, Director)in

BoardShvetank Jain(Director)Karan Mehandru(Director)in

Co-investorsAndreessen HorowitzCRV (Charles River Ventures)Madrona Venture GroupMenlo VenturesPreston-Werner VenturesFathom Capital+4 more

Nectarnectarclimate.cominMay 2026 Β· $30M

Nectar builds a utility intelligence platform that aggregates energy consumption data from utility bills and online portals to help companies optimize their energy usage and costs.

Advanced ManufacturingCleantechClimate TechData & InfrastructureEnergyEnterprise SoftwareSaaSSan Francisco, US

Allen Wang(Founder)inKatherine He(Founder)in

Co-investorsFormus CapitalTwine VenturesY CombinatorMenlo VenturesTrue Ventures

Nectarusenectar.comin𝕏May 2026 Β· $30M

Nectar offers investment opportunities in mezzanine debt and preferred equity issued by real estate operators managing low-leverage, cash-flowing properties.

AI & Machine LearningFintechPropTechAtlanta, US

Derrick Barker(Founder)in

Co-investorsJ4 VenturesMoai CapitalRareBreed VenturesService Provider CapitalTechstarsGV (Google Ventures)+2 more

Nectarnectar.buzzin𝕏May 2026 Β· $30M

Nectar builds software and data tools for migratory and commercial beekeepers, including a traceability system that generates operation-specific best management practices from hive data.

AgTechAI & Machine LearningIoTSaaSMontreal, CA

Marc-AndrΓ© Roberge(Co-Founder & CEO)in

Co-investorsFounderFuelTall Grass VenturesGV (Google Ventures)Menlo VenturesTrue Ventures

Nectar Socialnectarsocial.comin𝕏May 2026 Β· $30M

Nectar provides AI-powered workflows for social commerce, helping businesses respond faster, sell smarter, and scale their social presence by converting community into a growth engine.

AI & Machine LearningMarketing TechSaaSSocialPalo Alto, US

Farah U(Founder)

Co-investorsBAM VenturesDash VCGV (Google Ventures)Menlo VenturesMercury FundThe Family Fund+2 more

Orbwithorb.comin𝕏Mar 2023 Β· $19.1MAcquired

Orb provides billing and revenue infrastructure for software companies, enabling usage-based and hybrid pricing models.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareFintechSaaSSan Francisco, US

Alvaro Morales(Co-Founder & CEO)inKshitij Grover(Co-Founder & CTO)inJosh Buckler(Head of Sales)inBas de Goei(Head of Marketing)inJustin Chuan(Head of Design)in

BoardSaam Motamedi(Board Member / Investor Representative (Partner, Greylock))in

Co-investorsAngel Collective Opportunity FundData Community FundESSENCE VCFOG VenturesGreylock PartnersMayfield Fund+8 more

Photomathphotomath.app𝕏

Photomath is a mobile app that helps students learn math by breaking problems down into step-by-step explanations, serving learners, parents, and teachers.

AI & Machine LearningConsumerEdTech

Damir Sabol(Founder)

Co-investorsCherubic VenturesGSV VenturesGoodwater CapitalLearn CapitalMenlo Ventures

Swantideswantide.cominOct 2022

Swantide provides purpose-built AI agents for Salesforce teams that operate across the project lifecycle, including org health assessment, requirements gathering, impact analysis, solution design, build (Apex, Flows, config), test case generation, debugging, and documentation.

AI & Machine LearningDeveloper ToolsSaaSSan Francisco, US

Taylor Lint(Executive Officer, Director)in

BoardNaomi Ionita(Director)in

Co-investorsMenlo VenturesScribble VenturesBurst CapitalVillage Global

Portfolio news

latest coverage across their companies

Fund performance Β· per public LP disclosures Β· 20

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Menlo Olympic Fund I, L.P.LPs: Washington State Investment Board2023β€”7.9%1.10xβ€”
Menlo Inflection III, L.P.LPs: Washington State Investment Board2022β€”22.4%1.30x0.05x
Menlo Special Opportunities Fund III, LPLPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2022β€”-8.0%0.90xβ€”
Menlo Ventures XV, L.P.LPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2020β€”2.9%1.10xβ€”
Menlo Inflection II, L.P.LPs: Washington State Investment Board2019β€”12.0%1.70x0.12x
Menlo Special Opportunities Fund II, L.P.LPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2019β€”32.9%1.60x0.06x
Menlo Ventures XIV, L.P.LPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2017β€”16.9%2.30x0.33x
Menlo Inflection I, L.P.LPs: Washington State Investment Board2016β€”12.8%2.40x0.21x
Menlo Special Opportunities, L.P.LPs: Washington State Investment Board2016β€”27.0%2.90x0.04x
Menlo Ventures XII, L.P.LPs: Washington State Investment Board2015β€”9.5%1.80x0.61x
Menlo Ventures XI, L.P.LPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2011β€”29.1%4.30x3.63x
Menlo Ventures X, L.P.LPs: Washington State Investment Board, Michigan Municipal Employees' Retirement System2006β€”10.5%2.10x2.04x
Menlo Ventures IX, L.P.LPs: Washington State Investment Board, Los Angeles City Employees' Retirement System, Michigan Municipal Employees' Retirement System2001β€”0.3%1.02x1.02x
Menlo Ventures VIII, L.P.LPs: Washington State Investment Board, Los Angeles City Employees' Retirement System, Michigan Municipal Employees' Retirement System1999β€”-8.9%0.50x0.50x
Menlo Ventures VII, L.P.LPs: Washington State Investment Board, Los Angeles City Employees' Retirement System1997β€”135.6%4.70x4.71x
Menlo Ventures VI, L.P.LPs: Washington State Investment Board1993β€”40.8%3.10x3.11x
Menlo Evergreen V, L.P.LPs: Washington State Investment Board1988β€”32.1%3.60x3.61x
Menlo Ventures IV, L.P.LPs: Washington State Investment Board1988β€”42.1%5.10x5.13x
Menlo Ventures III, LPLPs: Washington State Investment Board1983β€”7.2%1.60x1.57x
Menlo Venture Partners, LPLPs: Washington State Investment Board1981β€”6.1%1.30x1.31x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

Where is Menlo located?
Menlo is headquartered in Menlo Park, US.

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