Fintech
Portfolio spotlight
Airbase is a spend management platform for small and midsize companies. It automates accounting and operational workflows for a faster close, real-time reporting, and a consistent platform experience for all non-payroll spend.
Milestones
- 2017 → Founded
- 2021 → Partnered, Series B
Partner
Betterment is a financial robo-advisor dedicated to helping people reach their investment goals.
Milestones
- 2008 → Founded
- 2012 → Partnered, Series B
Partner
Bluevine provides small and medium-sized businesses with access to fast and simple financial products through an advanced, online platform.
Milestones
- 2013 → Founded
- 2015 → Partnered, Series C
Partner
Bread is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions.
Milestones
- 2014 → Founded
- 2017 → Partnered, Series B
- 2020 → Acquired by Alliance Data
Partner
Carta is a software platform for founders, investors, and employees to manage cap tables, equity, and ownership.
Milestones
- 2012 → Founded
- 2017 → Partnered, Series C
Partner
Chime helps members avoid bank fees, save money automatically, and lead healthier financial lives.
Milestones
- 2012 → Founded
- 2018 → Partnered, Series C
Partner
Finch allows applications to access data and make changes across payroll and HR systems through a single API.
Milestones
- 2020 → Founded
- 2020 → Partnered, Seed
Partner
Polly is a software platform transforming mortgage capital markets through workflow automation, optimizing execution, and actionable data analytics.
Milestones
- 2019 → Founded
- 2021 → Partnered, Series A
Partner
Our perspective
Arch Labs is building the digital backbone to aggregate and connect upstream GP portals and fund admins so investors can automate manual processes like document collection and capital calls, and make better, data-driven investment decisions.
Retail e-commerce is as old as the advent of the web. In the decades that followed, a wave of innovation across supply chain, logistics, advertising, payments, checkout, and storefront tech has vastly improved the consumer e-commerce experience.
Congratulations to Jeremy Zhang, Ansel Parikh, and the Finch team on raising their Series B! For Menlo, it’s an exciting milestone, marking the third consecutive round we’ve invested in Finch.
At Menlo Ventures, we’ve invested in fintech for a long time and, despite the volatility of the last two years, believe there’s still a lot to be excited about.
The fintech industry has grown exponentially in recent years with a next-gen cohort of outstanding entrepreneurs deconstructing monolithic legacy solutions.
As we consider the post-COVID economy, we reflect on previous recessions to inform our predictions about how various asset classes and business models might perform.
Today, we are excited to welcome Aunkur Arya as Menlo’s newest venture partner and key leader in our fintech practice.
As repeat investors in the construction technology space, we have been vocal about the opportunities to build valuable companies in the category.
The U.S. mortgage industry is one of the largest in the world, with roughly $11 trillion of residential mortgage debt outstanding and $2.6 trillion of new originations forecasted this year.
Trucking is the backbone of America. And despite its critical hand in the supply chain, the $700 billion industry hinges on personnel, yet fails to offer drivers streamlined solutions for managing their operations.
Digital transformation has swept through nearly every department across the enterprise. However, for all the significant tech innovation in recent years, financial planning and analysis (FP&A) teams have been sadly underserved.
There is currently $15 trillion of consumer debt in the U.S. Lenders pay hundreds of billions of dollars to acquire customers, underwrite them, and then give them a loan. But then what?
We’re thrilled to announce, after well over a year’s pursuit, that we are investors in Airbase!
Insurtech has been hot—at least seven venture-backed insurers will have gone public since the second half of 2020.
Today, we’d like to congratulate Chime on their $200 million fundraising round led by DST, with participation from Menlo Ventures, Cathay Innovation, Forerunner, and more.
As with any technological or process breakthrough, we see a lot of hype and uncertainty surrounding the space, but beneath the confusion, there exists significant utility.