mmurph

@MenloVentures - invest in AI Infra & AI native sw @anthropicai @lovable @harnessio @cartainc @benchling @typefaceai @semgrep @Envoy @Vivun_inc @wearelegora

[mmurph @mmurph]

Couldn't be more excited for @MenloVentures to be launching the $100M "Anthology Fund" in partnership with @AnthropicAI ! The fund will bring together the most innovative entrepreneurs, the best AI team and technology in Anthropic, and one of the top VC firms in AI, collectively combining expertise, creativity, and an ambition to transform industries while exploring the limits of what's possible with AI. https://t.co/OJO2c6MWVY

[mmurph @mmurph]

.@suno is an absolute phenomenon that continues to surprise on the upside! love companies that are leveraging AI’s infinite content generation capabilities to create new unique experiences and unleashed creative forces!

[Menlo Ventures @MenloVentures]

Thrilled to double down on @suno's $400M round, after leading its Series C last fall!

Suno is making creation itself a form of entertainment. Millions of songs generated every day.

This is the broader Menlo thesis: AI won't just change how content is produced, it'll change how people spend their time.

We see it with Suno in music, @higgsfield_ai in video, @Lovable in solopreneurship, and @AnthropicAI across it all.

Congrats to @MikeyShulman, @GeorgKucsko, @fut_ure, and the whole Suno team. More from @amywumartin: https://t.co/bqV6L82HF4

[Suno @suno]

We’re thrilled to announce Suno’s next chapter: a $400M Series D at a $5.4B valuation! 🚀
Our mission has always been simple: more people should get to experience the joy of making music. Huge thanks to our incredible community and investors for building alongside us.

Read more from Mikey here: https://t.co/9oC706e14H

[Alex Atallah @alexatallah]

The Big Crunch is here.

Companies are realizing:
- their inference bill grew 10x in the last few months
- another 10x growth will bankrupt them

This is what @OpenRouter is for! The best market prices for each model, + clear data & routers to help you choose the best OSS model

[mmurph @mmurph]

Super cool to see what’s being built with @Lovable and how it’s evolving as a more and more powerful platform…

[Lovable @Lovable]

RoofFlow (https://t.co/zbdQxewNsl): A CRM platform specialized for roof repairs, used by over 1,200 contractors.

[mmurph @mmurph]

Congrats @AnthropicAI on an amazing round! Am in awe of the growth and execution to a $47B runrate. Up from $0 when we invested in 2023 and $9B at the beginning of the year. Valuation has gone from ~$5B to $960B over that period. Trying to think about which is more impressive...

[Menlo Ventures @MenloVentures]

We are thrilled to celebrate @Anthropic's $65B Series H at a $965B post-money valuation. Anthropic is Menlo's single largest and highest-conviction investment in our 50-year history — and it's not even close. This round marks our largest single investment in any round since our partnership began.

Our relationship with @AnthropicAI, goes way back:
→ Invested in their Series C, 2023 — PRE-launch, PRE-revenue
→ Led their Series D, 2024
→ Significant backers in every round since
→ And in July 2024, co-launched the $100M Anthology Fund with them to seed the next generation of AI-native companies

Three years into this partnership, we continue to be blown away by everything they've built.

$47B+ run-rate revenue. 40%+ enterprise LLM market share. Claude Opus 4.8 launching today. Web traffic from 16M → 290M monthly visits in 13 months. Enterprise AI and consumer AI. Both.

Congratulations to @DarioAmodei, @DanielaAmodei. and the entire Anthropic team. You are building one of the most important companies of our generation.

[mmurph @mmurph]

@alex love that you love @OpenRouter. have to tell us all what you are building!

[mmurph @mmurph]

@bdeeter @MenloVentures appreciate you and your own conviction to wade in deep with us a couple of years ago, when not too many others thought those waters were warm! ;)

[Menlo Ventures @MenloVentures]

Congrats to the 15 Menlo-backed companies building the future of cloud infrastructure and recognized on @Redpoint's InfraRed 100 list!

[mmurph @mmurph]

@ScottDorsey @Forbes 🙏

[mmurph @mmurph]

Appreciate @Forbes for including me on the Midas List w/so many uber talented co-investors + friends. Venture is a long game and you can’t time certain things. just show up as your best self everyday and focus on deep relationships w/entrepreneurs. That and a great set of partners is how we get energy and hopefully success in this business/craft over decades.

Lucky and humbled to work with the special team @MenloVentures , our amazing portfolio of entrepreneurs, and a great network and ecosystem that makes venture the unique industry it is. Much more to come! 🙏

[Menlo Ventures @MenloVentures]

Congrats to @mmurph on making the @Forbes Midas List 🎉

From leading our investment in @AnthropicAI at the Series C to backing @Lovable, @WeAreLegora, and @OpenRouter, his track record speaks for itself.

Well-deserved!

[mmurph @mmurph]

@shawnvc Too kind. Appreciate you 🙏

[mmurph @mmurph]

@wadefoster use @OpenRouter, it will guide you!

[mmurph @mmurph]

@HarryStebbings i think the main point Rory is making is there is more certainty at the later stage in AI rn. 18x on a co with huge scale, growing super fast might be a bargain relative to a Series B w/a $10M run rata that wants 50-100x where the competitive landscape and market is still unclear

[mmurph @mmurph]

@HarryStebbings @andrewdfeldman maybe known but 100% true... anyone who owns capacity is trying to build out more as faster as they can. anyone who doesn't own capacity is scrambling across a multitude of suppliers to get it as fast as they can. compute is too scare. demand is abundant.

[mmurph @mmurph]

Congrats to @OpenRouter on its $113M Series B! The growth has been extraordinary as developers have made them the go to service to evaluate, optimize, and access inference! Keep a close eye on this one as the feature set to support the growing landscape of open, custom, and closed models is hitting the market at just the right time. Amazing to partner w/@alexatallah @cclark and team!

[Menlo Ventures @MenloVentures]

Menlo is proud to back @OpenRouter in its $113M Series B, following our Series A lead last year.

AI is becoming a multi-model world, and OpenRouter is the infrastructure that makes it work — whether you're a developer or a trillion-dollar enterprise.

Congrats to @alexatallah, @cclark, and the team! More from @deedydas and @mmurph: https://t.co/oLP2s1QaWV

[Alex Atallah @alexatallah]

We're seeing a Cambrian explosion of AI models, and it's happening on OpenRouter.

The future of AI is neurodiversity:
- Agents choosing the most cost-effective model/provider/tool for the task
- Agents orchestrating multiple models for the smartest result
- Advanced security and observability for the boundary between models

Thanks to @CapitalG, @a16z, @MenloVentures, @nvidia, and our other backers. More on our Series B 👇

[mmurph @mmurph]

Have admired @bernhardsson @akshat_b, and the amazingly talented @modal team since we met >3 years ago! Excited to finally have the opportunity to invest and collaborate, along w/@deedydas. 5x growth since Sept?!! and many many happy developers onboarding into the world of AI on Modal!

[Erik Bernhardsson @bernhardsson]

Today we're announcing our Series C funding: $355M at a $4.65B valuation, led by some great investors @generalcatalyst and @Redpoint.

We've had insane growth in the last year, but we're still very early. So proud of the team and what we have built so far!

[Menlo Ventures @MenloVentures]

Proud to see so many Menlo-backed companies on @CNBC's 2026 Disruptor 50 💪

Congrats to @AnthropicAI, @databricks, @EvidenceOpen, @WeAreLegora, @cursor_ai, @Lovable, and @Abnormal for challenging the status quo and building what's next.

[mmurph @mmurph]

The talent at @AnthropicAI is ridiculous! Who’s next?!

[Andrej Karpathy @karpathy]

Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.

[mmurph @mmurph]

@HarryStebbings "Capital and scale are deciding who wins" + execution, team, tech, and innovation on top of the model = @AnthropicAI