Menlo Ventures | Activity

Essay

Menlo Ventures published its 2026 State of Consumer AI report, finding consumer AI spend reached $40 billion with adoption at 64% of U.S. adults.

Menlo Ventures

Menlo Ventures Menlo Ventures

menlovc.comSEP 16, 2026

SEP 16, 2026

Team Change

Alex Kurland, formerly a partner at Meritech Capital, joined Menlo Ventures as a Partner on the Inflection (growth-stage) team. He brings a track record including investments in Clay, Datadog, DoorDash, Kalshi, Looker, OpenEvidence, Slack, Snowflake, and UiPath.

Menlo Ventures

Menlo Ventures Menlo Ventures

menlovc.comSEP 8, 2026 menlovc.com

SEP 8, 2026

Exit

Stripe entered into a definitive agreement to acquire OpenRouter, the unified API for LLMs. Menlo first invested in OpenRouter at seed in March 2025 via the Anthology Fund, led Series A in May 2025, and participated in Series B.

OpenRouter

OpenRouter Menlo Ventures

menlovc.comAUG 19, 2026 menlovc.com

AUG 19, 2026

Investment

Menlo Ventures co-led Lovable's $400M Series C at a $13.3B valuation with Scaleup Europe Fund. This follows Menlo co-leading their $330M Series B in December 2025.

Lovable

Lovable Menlo Ventures

techcrunch.comAUG 12, 2026 menlovc.com menlovc.com

AUG 12, 2026

Press

Matt Murphy, Managing Director at Menlo Ventures, spoke with Crunchbase about the firm's AI investment thesis and plans for deploying $3B in new capital.

Menlo Ventures

Menlo Ventures Menlo Ventures

news.crunchbase.comAUG 3, 2026

AUG 3, 2026

Investment

Menlo Ventures led Pangram's Seed round as part of the Anthology Fund. Pangram is an AI detector that can identify AI-generated text with high accuracy, as audited by the University of Chicago.

Pangram

Pangram Menlo Ventures

menlovc.comJUL 29, 2026 menlovc.com

JUL 29, 2026

Investment

Menlo led Cheiron's $8M seed round. Cheiron is building an AI-native operating system for drug development using a Life Sciences Knowledge Graph. Backed by Robert Langer, Freda Lewis-Hall, and other industry veterans.

Cheiron

Cheiron Menlo Ventures

menlovc.comJUL 22, 2026 menlovc.com

JUL 22, 2026

Investment

Menlo participated in Fireworks' $1.5B Series D. Fireworks is an AI inference cloud platform with $1B in annualized revenue, 43 trillion daily tokens, and led by former PyTorch creator Lin Qiao.

Fireworks

Fireworks Menlo Ventures

menlovc.comJUL 16, 2026

JUL 16, 2026

Investment

Menlo led Assort Health's $120M Series C. Assort Health uses voice AI agents to automate patient communication including scheduling, insurance verification, and triage for healthcare providers.

Assort Health

Assort HealthMenlo Ventures

menlovc.comJUN 24, 2026 menlovc.com

JUN 24, 2026

New Fund

Menlo Ventures announced $3 billion in new capital, the largest raise in firm history, across two funds: Menlo Ventures XVII (Seed to Series A) and Menlo Inflection IV (Series B+ growth). The firm also celebrated its 50th anniversary.

Menlo Ventures

Menlo Ventures Menlo Ventures

menlovc.comJUN 23, 2026 menlovc.com

JUN 23, 2026

Exit

Portfolio company Orb entered a definitive agreement to be acquired by Adyen.

Orb

Orb Menlo Ventures

menlovc.comJUN 11, 2026 menlovc.com

JUN 11, 2026

Investment

Participated in Suno's $400M+ round at a $5.4B valuation led by Bond Capital.

Suno

Suno Menlo Ventures

menlovc.comJUN 3, 2026

JUN 3, 2026

Investment

Participated in OpenRouter's $113M Series B led by CapitalG.

OpenRouter

OpenRouter Menlo Ventures

menlovc.comMAY 26, 2026

MAY 26, 2026

Investment

Led Nourish's $100M Series C for insurance-covered metabolic health and nutrition care.

Nourish

Nourish Menlo Ventures

menlovc.comMAY 19, 2026

MAY 19, 2026

Menlo Ventures Activity

Menlo Ventures published its 2026 State of Consumer AI report, finding consumer AI spend reached $40 billion with adoption at 64% of U.S. adults.

Alex Kurland, formerly a partner at Meritech Capital, joined Menlo Ventures as a Partner on the Inflection (growth-stage) team. He brings a track record including investments in Clay, Datadog, DoorDash, Kalshi, Looker, OpenEvidence, Slack, Snowflake, and UiPath.

Stripe entered into a definitive agreement to acquire OpenRouter, the unified API for LLMs. Menlo first invested in OpenRouter at seed in March 2025 via the Anthology Fund, led Series A in May 2025, and participated in Series B.

Menlo Ventures co-led Lovable's $400M Series C at a $13.3B valuation with Scaleup Europe Fund. This follows Menlo co-leading their $330M Series B in December 2025.

Matt Murphy, Managing Director at Menlo Ventures, spoke with Crunchbase about the firm's AI investment thesis and plans for deploying $3B in new capital.

Menlo Ventures led Pangram's Seed round as part of the Anthology Fund. Pangram is an AI detector that can identify AI-generated text with high accuracy, as audited by the University of Chicago.

Menlo led Cheiron's $8M seed round. Cheiron is building an AI-native operating system for drug development using a Life Sciences Knowledge Graph. Backed by Robert Langer, Freda Lewis-Hall, and other industry veterans.

Menlo participated in Fireworks' $1.5B Series D. Fireworks is an AI inference cloud platform with $1B in annualized revenue, 43 trillion daily tokens, and led by former PyTorch creator Lin Qiao.

Menlo led Assort Health's $120M Series C. Assort Health uses voice AI agents to automate patient communication including scheduling, insurance verification, and triage for healthcare providers.

Menlo Ventures announced $3 billion in new capital, the largest raise in firm history, across two funds: Menlo Ventures XVII (Seed to Series A) and Menlo Inflection IV (Series B+ growth). The firm also celebrated its 50th anniversary.

Portfolio company Orb entered a definitive agreement to be acquired by Adyen.

Participated in Suno's $400M+ round at a $5.4B valuation led by Bond Capital.

Participated in OpenRouter's $113M Series B led by CapitalG.

Led Nourish's $100M Series C for insurance-covered metabolic health and nutrition care.