Menlo Inflection IV

United States
Series B
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About Menlo Inflection IV

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.

Investment Focus

Location / RegionUnited States
Funding StageSeries B
Industry Focus
Ai Ml
Digital Health
Enterprise Software

Investor Signals Profile

active

Sweet Spot

Series B+ AI founder with enterprise traction, focus on adoption

AI-growth-stage
full-AI-stack
enterprise-AI
healthcare-AI
AI-adoption
cybersecurity-AI
consumer-AI

Bullish Signals

$3B combined raise, largest in 50-year historyresearch
~$14B Anthropic stake underpins convictionresearch
Dedicated growth vehicle to defend pro-rataresearch
Recent $1.5B Fireworks Series D co-leadexternal
Active across healthcare, cybersecurity, roboticsexternal
$120M Series C led in generative AIexternal

Contrarian Signals

Growth-stage AI valuations extremely competitiveresearch
Concentrated AI-only thesis limits diversificationresearch

Founder Do's

Show Series B+ traction in AI
Demonstrate enterprise revenue growth
Build across the full AI stack
Focus on AI adoption not models
Target healthcare, cybersecurity, or enterprise

Founder Don'ts

Pitch pre-revenue AI concepts
Expect seed-stage check sizes
Ignore competition from frontier labs

Key GPs & Partners

MM
Matt Murphy
Partner
fast-movermetrics-driventhesis-driven
TT
Tim Tully
Partner
ex-founderhands-onopinionated
DD
Deedy Das
Partner
fast-movercommunity-buildercontrarian
SC
Shawn Carolan
Partner
founderlong-termconsumer-focused

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Fund Overview

Fund Size$3B combined
Saves0

Key People

Matt MurphyPartner
Tim TullyPartner
Deedy DasPartner
Shawn CarolanPartner

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