Menlo Ventures made a "bet-the-firm" $750M investment in Anthropic in 2024, leading the AI safety company's Series D that valued it at $18.4B. In July 2024, Menlo partnered with Anthropic to launch the $100M Anthology Fund targeting startups building with responsible AI principles. Fund priorities include "trust and safety tooling that enhances AI safety and offers scalable, profitable solutions for responsible AI deployment." Menlo cited Anthropic's "commitment to world-changing, safe AI innovation." The Anthology Fund has deployed $250M+ across 60+ companies.
#411 on the board
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Menlo Ventures
Venture FundClean record75/100low confidence · 3 issues
1 mixed2 supported
Receipts
3
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Silicon Valley VC since 1976. Uber, Roku, Siri investor.
AUM$6B+menlovc.com
The receipts (3)
Menlo Ventures maintains a portfolio of 444 companies including 57 unicorns and 9 decacorns, with investments in Anthropic, Abnormal Security, Benchling, Carta, Chime, Harness, Pinecone, Roku, and Uber. The firm raised its largest-ever $3B fund in 2026, with its Anthropic stake valued at $14B. Unlike some growth investors that pushed aggressive cost-cutting, Menlo's portfolio emphasis on AI safety and infrastructure companies has avoided the mass layoff controversies that hit other VC-backed startups during the 2022-2024 tech downturn.
What they funded (1)
Documented funding relationships. A cheque is a fact, not a verdict — these do not affect the grade above.