Menlo Park continues to be a key location for companies in fields like artificial intelligence, biotechnology, and clean energy. The area is home to established players like Genesys, which has raised $3 billion, and newer ventures such as Character.ai.
The local startup scene features a mix of companies, from large enterprises to lean teams, all attracting significant investment.
Below is our list of 19 Menlo Park startups worth keeping an eye on.
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Get the Sheet for $50Character.ai has built a conversational AI platform for users to create and chat with unique characters. Their technology focuses on open-ended dialogue, using generative AI to let people interact with any personality they can imagine.
| Year Founded | 2021 |
| Founders | Daniel De Freitas, Noam Shazeer |
| Funding Amount | $150.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Andreessen Horowitz, SV Angel, A.Capital Ventures, Paul Buchheit, Nat Friedman |
Neon offers a serverless, open-source PostgreSQL platform built for cloud-native applications. By separating storage and compute, they provide developers with features like autoscaling, bottomless storage, and instant database branching.
| Year Founded | 2021 |
| Founders | Heikki Linnakangas, Nikita Shamgunov, Stas Kelvich |
| Funding Amount | $129.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Menlo Ventures, General Catalyst, Khosla Ventures, Founders Fund, Abstract |
Allocate built a digital investment platform to unlock private markets for wealth advisors and family offices. They specialize in providing access to top-tier funds, helping accredited investors build portfolios in venture capital and private equity.
| Year Founded | 2021 |
| Founders | Hana Yang, Samir Kaji |
| Funding Amount | $60.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Andreessen Horowitz, Anthemis, Liquid 2 Ventures, FJ Labs, Basis Set Ventures |
Mainspring Energy created a breakthrough linear generator for onsite power generation that runs on various fuel sources. The technology provides commercial and industrial facilities with a way to ensure power resilience while reducing costs and carbon emissions.
| Year Founded | 2010 |
| Founders | Adam Simpson, Matt Svrcek, Shannon Miller |
| Funding Amount | $813M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | General Catalyst, Temasek Holdings, Alumni Ventures, Khosla Ventures, Lightrock |
Deepcell builds an AI-powered platform that enables the classification and isolation of single cells. The technology is used by life science researchers to advance basic and translational studies through highly precise cell analysis.
| Year Founded | 2017 |
| Founders | Euan Ashley, Maddison Mahdokht Masaeli, Mahyar Salek |
| Funding Amount | $98M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Andreessen Horowitz, Fifty Years, Casdin Capital, Stanford University, DCVC |
Genesys builds an AI-powered platform that helps organizations orchestrate customer experiences. Their cloud-based contact center solutions are designed to foster customer loyalty and accelerate business growth.
| Year Founded | 1990 |
| Founders | Alec Miloslavsky, Greg Shenkman |
| Funding Amount | $3B |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Corporate Round |
| Top Investors | BlackRock, TCV, Salesforce Ventures, Hellman & Friedman, Permira |
BillionToOne develops precision diagnostic tests that improve disease detection in prenatal care and oncology. Their proprietary DNA sequencing platform significantly improves the resolution of cell-free DNA testing, leading to more reliable results for patients and physicians.
| Year Founded | 2016 |
| Founders | David Tsao, Oguzhan Atay, Sukrit Silas |
| Funding Amount | $425.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Norwest Venture Partners, 500 Global, HOF Capital, Adams Street Partners, Y Combinator |
Subtle Medical builds AI-powered software to improve the quality and efficiency of medical imaging. Their FDA-cleared products, SubtlePET and SubtleMR, allow for faster scans with enhanced image resolution.
| Year Founded | 2017 |
| Founders | Enhao Gong, Greg Zaharchuk |
| Funding Amount | $59.2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Bessemer Venture Partners, Fusion Fund, Nina Capital, National Institutes of Health, Foothill Ventures |
Carrot Fertility created a comprehensive fertility benefits platform for employers to offer their teams. The company makes it easier for employees to access and afford a wide range of care, from egg freezing and IVF to adoption and surrogacy.
| Year Founded | 2016 |
| Founders | Arun Venkatesan, Asima Ahmad, Juli Insinger, Tammy Sun |
| Funding Amount | $114.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | OrbiMed, Quiet Capital, Y Combinator, Founders Fund, Tiger Global Management |
Hello Heart provides a digital therapeutics program to help people understand and improve their cardiovascular health. Their technology helps users track key metrics like blood pressure and cholesterol, offering personalized insights to build healthier habits.
| Year Founded | 2013 |
| Founders | Maayan Cohen, Ziv Meltzer |
| Funding Amount | $138.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Khosla Ventures, IVP, BlueRun Ventures, Maven Ventures, AAF Management Ltd. |
9 Additional Menlo Park Startups Worth Following
The top 10 are just a small slice of what’s happening in Menlo Park right now. New companies are getting started in major areas, from biotech to artificial intelligence.
These next nine startups alone have raised more than $770 million combined. Below is a look at more of the companies that are making the local scene so strong.