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Steve Sloane

Partner at Menlo Ventures

Menlo Park, California

Invests in

Work Experience

  • Partner

    2019

    Steve is a Partner focused on Menlo's "Inflection Fund", targeting $20-$30m investments in companies in the $5-$15m ARR range (generally at the Series B/C stage). Recent examples of Menlo's investments at this stage include Chime, Carta, and Benchling.

  • Principal

    2015 - 2019

    Steve is a Principal at Menlo Ventures (joined in 2015) and focuses on investing in SaaS applications, marketplaces and robotics. As a Y Combinator alum, he also helps cover the YC ecosystem for Menlo. Steve helped lead Menlo’s investments in Breather, Clarifai, Heap, Scout RFP, Carta, Rover and MealPal. Steve is an active contributor to blogs for the firm on topics ranging from APIs, marketplaces, eCommerce investing, chat bots, and more.

  • Senior Analyst

    2014 - 2015

    Steve was part of the Insight Onsite team, focusing on investment diligence and providing hands-on resources and expertise to Internet and software companies. Steve helped lead deal evaluation in more than ten SaaS and marketplace investments, including Alteryx (NYSE: AYX), Instructure (NYSE: INST), nCino, Automattic, Turnitin, Wallapop, Invaluable, and Conga. Post-investment he worked with portfolio executives at companies like HealthcareSource (sold to Francisco Partners), Sparefoot, and DrillingInfo on strategies to accelerate revenue growth, improve operational efficiency, and increase long-term shareholder value.

  • Senior Consultant

    2012 - 2014

    Steve worked for Oliver Wyman in the Financial Services group where he worked closely with large financial institutions to develop growth and regulatory initiatives. He was ranked at the top of his consultant class and promoted to Senior Consultant in his first year. Project work included designing and implementing fraud prevention strategies for a major government financial institution, optimizing sales strategy for six large investment banks, and developing a proprietary Java and SQL model to value client mortgage portfolios.

  • Investment Associate Intern

    2012 - 2012

    Interned in the trading department, focused on optimizing liquidity strategies for currency trades.

2010 - 2010

  • Co-Founder

    2010 - 2010

    Y Combinator backed startup in the social space