AltaReturn Selected by Menlo Ventures
AltaReturn, a leading provider of cloud-based, end-to-end software solutions for the Private Equity, Venture, and Real Estate industries, is delighted to announce that Menlo Ventures has selected AltaReturn’s Fund Accounting, Investor Portal, and Portfolio Company Monitoring solutions to power their finance and investor relations needs.
About Menlo Ventures:
Menlo Ventures is a venture capital firm that strives to have a positive impact, supporting such businesses as Betterment, Carta, Roku, Poshmark, Uber, and Warby Parker, that are re-imagining life and work for the better. Since 1976, the firm has grown a portfolio that includes more than 70 public companies, over 100 mergers and acquisitions, and $5.5 billion under management. Menlo invests at every stage and in every sector, with expertise in consumer, enterprise, and healthcare. From developing market strategies to creating communities, the firm provides real impact where entrepreneurs need it most.
Most recently, Menlo Ventures launched the Inflection Fund, a $500 million fund designed to target soon-to-breakout companies at the point between venture and growth. With this fund, the firm will make investments of $20 - $40 million to propel promising companies into the growth stage. The firm will continue to invest in its areas of expertise including AI, Cloud Infrastructure, FinTech, Marketplaces, Mobility, and SaaS across the broader categories of consumer and enterprise businesses. Menlo Ventures is currently making early stage investments (Seed, Series A, and B) from its most recent $450 million Venture Fund.
For more information, please visit: https://www.menlovc.com/
AltaReturn offers a suite of solutions for private capital fund managers, administrators and family offices including Fund /Corporate Accounting, CRM, Portfolio Monitoring, Business Intelligence and Investor Portals. Built within a Microsoft-based framework, these solutions are available as an integrated end-to-end suite or as independently licensed applications. Over $600 billion in assets is managed using the AltaReturn platform.