SaaS
The cloud didn’t just change how we deliver software; it unleashed a new era of enterprise innovation, with reimagined software solutions for every industry.
What we do
We Invest Across Departmental, Vertical, and Horizontal SaaS
Every broken workflow represents an opportunity for transformation. We bet on forward-thinking founders who replace fragmented, manual processes with intelligent AI-native cloud solutions that automate mind-numbing repetitive tasks to reimagine how we work.
Our Perspective
We don’t chase trends in enterprise software—we anticipate them. Our systematic research into emerging market shifts helps us identify transformative companies before others see their potential.
Our SaaS Companies
The founders we back don’t limit themselves to what is, but relentlessly pursue what could be. We seek out visionaries who see market shifts and opportunities before they happen. By developing deep conviction in emerging sectors, we identify—and back—the companies that will define tomorrow’s enterprise landscape.
Benchling is a life sciences R&D cloud platform helping the next generation of scientists make breakthrough discoveries faster than ever before.
Milestones
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2012 – Founded
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2019 – Partnered, Series C
Leadership
Saji Wickramasekara
Co-Founder & CEO
Ashu Singhal
Co-Founder & President
Partners
Carta is a software platform for founders, investors, and employees to manage cap tables, equity, and ownership.
Milestones
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2012 – Founded
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2017 – Partnered, Series C
Leadership
Henry Ward
Co-Founder & CEO
Partners
Enable is a collaborative B2B rebate management platform that makes it easy to manage and scale rebate programs.
Milestones
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2016 – Founded
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2020 – Partnered, Series A
Partners
From visitors to meeting rooms, Envoy is redefining how people, places, and technology work together with desk booking, schedule sharing, health checks, and more.
Milestones
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2013 – Founded
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2017 – Partnered, Series B
Partners
Everlaw is a cloud-based litigation platform that enables teams to collaboratively discover, reveal, and act on the information that drives internal investigations and positively impacts legal outcomes.
Milestones
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2011 – Founded
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2018 – Partnered, Series B
Leadership
AJ Shankar
Founder & CEO
Partners
OpenSpace provides next-generation, 360º photo documentation for jobsites, powerful integrations, and the smartest analytics tools in the industry.
Milestones
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2017 – Founded
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2020 – Partnered, Series B
Partners
Qualia is a one-stop shop for every aspect of a real estate closing, redefining the way real estate is transacted by streamlining the home closing experience, removing the stress from home buying, and making the process transparent.
Milestones
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2015 – Founded
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2018 – Partnered, Series B
Leadership
Nate Baker
Founder & CEO
Partners
Investment Strategy
Menlo’s “SaaS Trifecta Framework”
01
Fixes broken workflows
Can stand alone and eliminate, consolidate, or automate “busted” manual workflows
02
System of record
Exists as—or becomes—a system of record and facilitates the data plane
03
Attracts constituents
Creates powerful network effects by connecting key players, sparking ecosystem growth and expansion into adjacent markets, and driving revenue
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Related Focus Areas
Menlo is ALL IN on AI. Artificial intelligence is breaking into every software vertical, and the winners are creating massive economic and societal value.
Innovations at the intersection of technology and biology will drive major improvements in the quality of our health and the cost of healthcare.
The rise of AI has created a new era of cybersecurity—introducing new challenges as well as entirely new categories.
As previously siloed financial processes converge within broader software ecosystems, a new wave of opportunity is emerging.
From foundation models to observability, a new generation of companies is writing the playbook for the underlying infrastructure that powers AI applications.
