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Menlo Ventures on Pulse

Venture Capital

The full thread of our Menlo Ventures coverage — a running record of every development we've tracked, with the VC take on each.

2
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2
With a headline figure
Jun 24, 2026
Date

Coverage Timeline

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  1. FUNDINGAssort Health Raises $120M Series C at a $1.2B Valuation for Healthcare AI Agents→
  2. FUNDINGMenlo Ventures Raises $3B -- Its Largest Fund Ever -- After Its Anthropic Bet Turned Into ~$14B→

All Coverage

FUNDING$120M

Assort Health Raises $120M Series C at a $1.2B Valuation for Healthcare AI Agents

Assort Health raised a $120 million Series C led by Menlo Ventures at a $1.2 billion post-money valuation, vaulting the patient-access automation startup into unicorn territory. Its AI agents handle scheduling, intake, referrals, document processing and front-desk support for healthcare providers -- one of the clearest examples of AI moving from chatbot demos to embedded, revenue-bearing clinical workflows.

Jun 24, 2026
FUNDING$3B

Menlo Ventures Raises $3B -- Its Largest Fund Ever -- After Its Anthropic Bet Turned Into ~$14B

Menlo Ventures closed $3 billion in new capital, the largest fundraise in the firm's 50-year history, on the strength of a 2024 bet on Anthropic that is now worth roughly $14 billion. The Silicon Valley firm 'white-knuckled it' to lead a $750 million round in the AI lab two years ago; that conviction call has become one of the defining venture wins of the cycle.

Jun 24, 2026