menlo ventures

Numeric grabs $28M Series A to automate accounting using AI

Accountants typically dread month-end and quarter-end closings. That’s because finalizing financial records for a specific period is generally a manual, error-prone and time-consuming endeavor.  In 2020, Parker Gilbert (pictured above; middle) was so fed up with the tedium of managing finance and accounting at an early-stage startup that he decided to co-found Numeric, an accounting […]

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Menlo Ventures and Anthropic team up on a $100M AI fund

Silicon Valley VC firm Menlo Ventures, one of the biggest investors in artificial intelligence startup Anthropic, on Wednesday said the two companies are teaming up to set up a $100 million initiative dubbed “the Anthology Fund” to invest in pre-seed and Series A artificial intelligence companies. Menlo recently climbed to the top of Anthropic’s list

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