Lovable in Talks to Double Valuation to $13.2B
AI coding startup Lovable is reportedly in talks to raise at a $13.2 billion valuation, double its December mark, with Menlo Ventures fresh off a $3 billion fund said to be leading.
Jul 8, 202650-year-old Menlo Park venture capital firm investing across stages, best known for its early and outsized bet on Anthropic.
AI coding startup Lovable is reportedly in talks to raise at a $13.2 billion valuation, double its December mark, with Menlo Ventures fresh off a $3 billion fund said to be leading.
Jul 8, 2026Assort 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, 2026Menlo 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