Menlo Ventures Investor Index

Menlo VenturesInvestor Index fintech portfolio in accounting and finance software

Ranked #35 of 129January 2020 – September 2026

Menlo Ventures backed 6 accounting and finance software companies in 10 rounds between January 2020 and September 2026, ranking #35 in the Investor Index. It led 6 of the rounds. The rounds it backed raised US$270m in total. Its most frequent area was close and reconciliation, with 3 rounds.

10Rounds
6Led
US$270mRaisedin its rounds
#35Rank
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Rounds each quarter

Rounds led or joined

Q1 20200
Q2 20200
Q3 20200
Q4 20200
Q1 20210
Q2 20211
Q3 20210
Q4 20211
Q1 20220
Q2 20221
Q3 20220
Q4 20220
Q1 20232
Q2 20230
Q3 20230
Q4 20230
Q1 20240
Q2 20241
Q3 20241
Q4 20241
Q1 20250
Q2 20250
Q3 20251
Q4 20251
Q1 20260
Q2 20260
Q3 20260

Where it invests

Rounds by product area

Close and reconciliation3
Payables and receivables2
Payroll2
FP&A and forecasting1
Spend management1
Tax and compliance1

Portfolio companies

6 accounting and finance software companies it backed, A to Z

CompanyBackedRoleLatest
Abacus1 roundLed 1Jul 2025
Airbase1 roundLed 1Jun 2021
Finch2 roundsLed 2Feb 2023
Numeric3 roundsLed 1Nov 2025
Orb2 roundsLed 1Sep 2024
Vareto1 roundJoinedOct 2021

Every round

Largest first, as announced

Download all All 925 rounds since 2020
CompanyAmountRoundRoleWhen
AirbaseUS$60mSeries BLedJun 2021
NumericUS$51mSeries BJoinedNov 2025
FinchUS$40mSeries BLedFeb 2023
NumericUS$28mSeries ALedOct 2024
OrbUS$25mSeries BJoinedSep 2024
VaretoUS$20mSeries AJoinedOct 2021
FinchUS$15mSeries ALedJun 2022
OrbUS$14mSeries ALedMar 2023
NumericUS$10mSeed roundJoinedMay 2024
AbacusUS$6.6mSeed roundLedJul 2025

How it’s compiled

  • Every funding round announced
  • Rounds led or joined by the firm
  • Rounds as announced, totals in US$

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