Updated: July 12, 2026
Funding raised
$3B combined
About the program
Program type
Investment stage
Investment focus areas
Description
Menlo Ventures' dedicated growth vehicle paired with Fund XVII, targeting Series B and beyond. Part of the $3B combined raise. Designed to let Menlo defend pro-rata through expensive AI growth rounds. Focused on the full AI stack from infrastructure to applications across enterprise, healthcare, and consumer.