Menlo Ventures
Snapshot
- Founded: 1976
- HQ: Menlo Park, CA
- Stage: Multi-stage (Series A → growth)
- Cap-table conflict status: Verified clean across all 8 Init Intelligence competitors as of 2026-05-05.
Lead deal partners
| Partner | Background / thesis | Recent thesis-aligned bets |
|---|---|---|
| Joff Redfern (Partner) | Ex-Atlassian CPO (Jira/Confluence/Trello). Co-author of Menlo’s State of Generative AI in the Enterprise report. Quote 2025-12: “AI is fundamentally rewiring how enterprises buy software… startups are capturing two dollars for every one incumbents earn.” Future-of-work-due-to-AI is his self-stated thesis pillar | State of Gen AI 2025 report co-author; “next-generation business and productivity apps” thesis |
| Tim Tully (Partner) | Ex-Splunk CTO — IT ops + observability operator background. 2025 Menlo report public voice. Quote: “only 16% of enterprise deployments qualify as true agents — most are fixed-sequence workflows” | Pinecone, Neon, RelationalAI, Squint, ClearVector |
| Deedy Das (Partner, promoted Sept 2025) | Founding-team Glean engineer → ran Glean Assistant (100M Anthology Fund with Anthropic. Co-authored Menlo’s State of Gen AI 2025 | 35 startups backed at Menlo since 2024; Menlo’s enterprise-AI thesis output co-author |
Backups: Matt Murphy (co-led Anthology Fund; Anthropic, Carta, Benchling, Harness, Lovable, Semgrep), Steve Sloane (Inflection Fund Series B/C).
Note: Menlo’s roster is unusually stable — no major recent departures.
Fundraise Relationship (init.inc)
- Live POC: C.C. Gong (
cc@menlovc.com) — current CRM contact. (Joff Redfern is the partner of interest.) - Conversation log (newest first):
- 2026-05-26 — Raise-open message sent to C.C. Gong (raise officially opens 2026-05-27).
- Mutual connections / warm path: intro source TBD per CRM.
- Live stage: tracked in the CRM (Google Sheet).