
Current Firm
Menlo Ventures
Investments
9+ companies
Focus
AI, Fintech
About Matt Murphy
Matt Murphy is a venture capital investor at Menlo Ventures who previously spent over 15 years at Kleiner Perkins, where he co-led the pioneering iFund focused on iPhone apps and backed companies like DocuSign and AppDynamics. He's known for his specific benchmark that $2M seed rounds should generate roughly $1M in ARR to indicate early product-market fit, and his focus on vertical SaaS for tech-laggard industries like construction and insurance, along with AI-first infrastructure that enhances developer productivity.
Focus Areas
AIFintechDigital HealthBiotechCybersecurity
Investment Stage
Pre-Seed
Seed
Series A
Series B+
Notable Investments
Greg Yap
Johnny Hu
Mark Siegel
Chime
Abnormal Security
Carta
Betterment
Benchling
Uber