Menlo Ventures

“The revenue momentum for all of these companies is hard to deny...many were growing at multiples 'on a $100 million-plus baseline' in the first half of 2026.”

“Menlo Ventures is targeting $250 million for its second AI-focused fund.”

“OpenRouter, an AI model marketplace, raised $113m led by CapitalG at a $1.3 [billion] valuation. CapitalG led, joined by a16z, Menlo Ventures, NVentures, ServiceNow Ventures, MongoDB, Snowflake, and Databricks.”