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Top 19 Menlo Park Startups to Watch in 2026

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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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Character.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 Founded2021
FoundersDaniel De Freitas, Noam Shazeer
Funding Amount$150.1M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsAndreessen 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 Founded2021
FoundersHeikki Linnakangas, Nikita Shamgunov, Stas Kelvich
Funding Amount$129.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsMenlo 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 Founded2021
FoundersHana Yang, Samir Kaji
Funding Amount$60.8M
Startup SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsAndreessen 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 Founded2010
FoundersAdam Simpson, Matt Svrcek, Shannon Miller
Funding Amount$813M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsGeneral 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 Founded2017
FoundersEuan Ashley, Maddison Mahdokht Masaeli, Mahyar Salek
Funding Amount$98M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsAndreessen 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 Founded1990
FoundersAlec Miloslavsky, Greg Shenkman
Funding Amount$3B
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusCorporate Round
Top InvestorsBlackRock, 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 Founded2016
FoundersDavid Tsao, Oguzhan Atay, Sukrit Silas
Funding Amount$425.9M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsNorwest 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 Founded2017
FoundersEnhao Gong, Greg Zaharchuk
Funding Amount$59.2M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsBessemer 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 Founded2016
FoundersArun Venkatesan, Asima Ahmad, Juli Insinger, Tammy Sun
Funding Amount$114.2M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsOrbiMed, 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 Founded2013
FoundersMaayan Cohen, Ziv Meltzer
Funding Amount$138.2M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries D
Top InvestorsKhosla 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.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Develop Health logo Develop HealthAI2020$19.5MSeries A
Antheia logo AntheiaBiotech2015$220.1MSeries C
3T Biosciences logo 3T BiosciencesBiotech2017$52MSeries A
Octave logo OctaveBiotech2014$142.1MSeries C
Maze logo MazeAnalytics2018$57.5MSeries B
Apreo Health logo Apreo HealthHealthcare2021$130MSeries B
Palmstreet logo PalmstreetMedia2020$25MSeries A
LeoLabs logo LeoLabsMobility2016$111MVenture Round
AI Squared logo AI SquaredAI2021$19.8MSeries A

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