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Morgenthaler Ventures

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uuid0006d3q

Namestring
Morgenthaler Ventures
Company typeenum
Private
Founded yearint
1968
Descriptiontext

Morgenthaler Ventures is a venture capital and private equity firm founded in 1968 and headquartered in Menlo Park, California. The firm invests in companies operating across two principal sectors — information technology and life sciences — deploying capital across both minority venture investments and control acquisitions of operating businesses. Its disclosed transaction history includes acquisitions of dlhBOWLES (2014), ConForm (2003), Precision Parts International (2003), and MPI International (2003), indicating a portfolio approach that spans more than a decade of activity.

The firm operates with a small team of 11-50 employees and is led by founding partner David Morgenthaler, alongside a principal (Matt Yohe), a VP of Investor Relations & Marketing (Ching Wu), and a controller (Stephanie White). This lean, partnership-style structure is consistent with a boutique institutional fund manager rather than a scaled multi-strategy platform.

Morgenthaler's revenue model is typical of a traditional VC/PE franchise: management fees earned on committed or invested capital from limited partners, supplemented by carried interest on successful realizations. The firm's website and most primary disclosure channels are currently limited (the URL resolves to a verification/waiting page), and no fund size, AUM, portfolio company count, or fee schedules are publicly disclosed in the available data, which constrains granular analysis of financial performance.

Short descriptiontext

Morgenthaler Ventures is a Menlo Park-based venture capital and private equity firm, founded in 1968, that invests in IT and life sciences companies through both minority venture bets and control acquisitions of operating businesses.

Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMenlo Park, United States
HQ citystring
Menlo Park
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
venture capital, private equity, IT investments, life sciences investing, growth equity
Industry2 codes
1Sector-Focused Venture Capital (Vertical Specialists)
CodeFSANAAADPrimaryYes
2Multi-Sector / Generalist Growth Equity
CodeFSANACAOPrimaryNo
NAICS code2 codes
  • Portfolio Management and Investment Advice52394
  • Miscellaneous Intermediation52391
SIC code1 code
  • Investment Advice6282
Product category
Venture Capital and Private Equity
Social media profiles1 record
Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Morgenthaler Ventures is a venture capital and private equity firm that invests in IT and life sciences companies. The firm deploys growth and buyout capital into portfolio companies and has historically executed acquisitions such as dlhBOWLES, ConForm, Precision Parts International, and MPI International.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

No product information available. The source content displays a verification/loading page rather than actual company information.

Product and service2 records
1Venture Capital and Private Equity Investments
CategoryVenture Capital / Private Equity
Description

Equity capital deployed into privately held IT and life sciences companies, structured as venture and growth-equity investments. Aimed at founders, boards, and management teams of growth-stage technology and life sciences companies.

2Buyout Acquisitions
CategoryMergers & Acquisitions / Private Equity
Description

Acquisitions of operating companies executed by Morgenthaler Ventures, including MPI International (2003-03-03), Precision Parts International (2003-05-22), ConForm (2003-08-29), and dlhBOWLES (2014-12-23). Aimed at privately held companies whose owners and management teams seek an acquirer.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

One of the most established Sand Hill Road venture firms investing across IT, healthcare, and life sciences. Sequoia is a direct benchmark for a long-tenured, multi-vertical VC firm based in Menlo Park.

TypeBroad incumbent
Description

Large Menlo Park-based venture firm investing heavily across IT and life sciences. Represents the modern incumbent benchmark for the geography and sectors Morgenthaler targets.

TypeBroad incumbent
Description

Long-tenured Menlo Park venture firm focused on enterprise IT and consumer technology. Comparable in vintage, geography, and IT-led thesis.

TypeBroad incumbent
Description

Multi-stage venture firm with IT and selective healthcare exposure. Comparable as a sector-diversified VC peer with multi-cycle track record.

TypeBroad incumbent
Description

Historic Menlo Park venture firm with IT and life sciences investing focus. Closely analogous in vintage, sector mix, and Bay Area base.

TypeBroad incumbent
Description

Historic Menlo Park-based venture firm with deep IT and life sciences franchises. Closely comparable to Morgenthaler in vintage, geography, and sector focus.

TypeBroad incumbent
Description

Large, multi-stage venture firm with significant healthcare and IT investing. Comparable to Morgenthaler in its diversified sector approach and long operating history.

TypeDirect peer
Description

Specialized life sciences venture firm. Comparable to the life sciences portion of Morgenthaler's stated focus.

TypeBroad incumbent
Description

Established venture firm with strong IT sector franchise and selective life sciences exposure. Comparable as a multi-cycle, sector-focused VC peer.

TypeBroad incumbent
Description

Long-standing venture firm with IT and healthcare practices. Directly comparable in vintage (founded 1911) and breadth of sector coverage.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses1 record

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment370 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Morgenthaler Ventures

Venture Capital and Private Equitymorgenthaler.com

Morgenthaler Ventures is a Menlo Park-based venture capital and private equity firm, founded in 1968, that invests in IT and life sciences companies through both minority venture bets and control acquisitions of operating businesses.

What Morgenthaler Ventures does

Morgenthaler Ventures is a venture capital and private equity firm founded in 1968 and headquartered in Menlo Park, California. The firm invests in companies operating across two principal sectors — information technology and life sciences — deploying capital across both minority venture investments and control acquisitions of operating businesses. Its disclosed transaction history includes acquisitions of dlhBOWLES (2014), ConForm (2003), Precision Parts International (2003), and MPI International (2003), indicating a portfolio approach that spans more than a decade of activity.

The firm operates with a small team of 11-50 employees and is led by founding partner David Morgenthaler, alongside a principal (Matt Yohe), a VP of Investor Relations & Marketing (Ching Wu), and a controller (Stephanie White). This lean, partnership-style structure is consistent with a boutique institutional fund manager rather than a scaled multi-strategy platform.

Morgenthaler's revenue model is typical of a traditional VC/PE franchise: management fees earned on committed or invested capital from limited partners, supplemented by carried interest on successful realizations. The firm's website and most primary disclosure channels are currently limited (the URL resolves to a verification/waiting page), and no fund size, AUM, portfolio company count, or fee schedules are publicly disclosed in the available data, which constrains granular analysis of financial performance.

Morgenthaler Ventures firmographics

Firmographics
Name
Morgenthaler Ventures
Website
https://morgenthaler.com
Company type
Private
Founded year
1968
Headcount range
11–50 employees
Short description
Morgenthaler Ventures is a Menlo Park-based venture capital and private equity firm, founded in 1968, that invests in IT and life sciences companies through both minority venture bets and control acquisitions of operating businesses.
Ownership category
akta.pro rank

Morgenthaler Ventures industry classification

Industry
Product category
Venture Capital and Private Equity
NAICS
Portfolio Management and Investment Advice (52394), Miscellaneous Intermediation (52391)
SIC
Investment Advice (6282)
akta.pro primary industry
Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
akta.pro secondary industry
Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

  • Venture capital
  • Private equity
  • IT investments
  • Life sciences investing
  • Growth equity

Where Morgenthaler Ventures is headquartered

Location

Headquarters

HQ city
Menlo Park
HQ country
United States
HQ region
North America

Markets served

Morgenthaler Ventures business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Morgenthaler Ventures product offering

Product offering

Core offering

Morgenthaler Ventures is a venture capital and private equity firm that invests in IT and life sciences companies. The firm deploys growth and buyout capital into portfolio companies and has historically executed acquisitions such as dlhBOWLES, ConForm, Precision Parts International, and MPI International.

Product overview

No product information available. The source content displays a verification/loading page rather than actual company information.

Differentiator

Problem solved

Functional benefit

Products and services

  • Venture Capital and Private Equity Investments Equity capital deployed into privately held IT and life sciences companies, structured as venture and growth-equity investments. Aimed at founders, boards, and management teams of growth-stage technology and life sciences companies.
  • Buyout Acquisitions Acquisitions of operating companies executed by Morgenthaler Ventures, including MPI International (2003-03-03), Precision Parts International (2003-05-22), ConForm (2003-08-29), and dlhBOWLES (2014-12-23). Aimed at privately held companies whose owners and management teams seek an acquirer.

Companies that use Morgenthaler Ventures

Customer profile

Ideal customer profiles1 record

Morgenthaler Ventures technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Morgenthaler Ventures partnerships and signals

Strategic signal

Recent moves4 records

Expansion highlights3 records

Morgenthaler Ventures competitors and assessment

Company assessment

Broad incumbents

  • Sequoia Capital: One of the most established Sand Hill Road venture firms investing across IT, healthcare, and life sciences. Sequoia is a direct benchmark for a long-tenured, multi-vertical VC firm based in Menlo Park.
  • Andreessen Horowitz: Large Menlo Park-based venture firm investing heavily across IT and life sciences. Represents the modern incumbent benchmark for the geography and sectors Morgenthaler targets.
  • Greylock Partners: Long-tenured Menlo Park venture firm focused on enterprise IT and consumer technology. Comparable in vintage, geography, and IT-led thesis.
  • Lightspeed Venture Partners: Multi-stage venture firm with IT and selective healthcare exposure. Comparable as a sector-diversified VC peer with multi-cycle track record.
  • Mayfield Fund: Historic Menlo Park venture firm with IT and life sciences investing focus. Closely analogous in vintage, sector mix, and Bay Area base.
  • Kleiner Perkins: Historic Menlo Park-based venture firm with deep IT and life sciences franchises. Closely comparable to Morgenthaler in vintage, geography, and sector focus.
  • New Enterprise Associates (NEA): Large, multi-stage venture firm with significant healthcare and IT investing. Comparable to Morgenthaler in its diversified sector approach and long operating history.
  • Accel: Established venture firm with strong IT sector franchise and selective life sciences exposure. Comparable as a multi-cycle, sector-focused VC peer.
  • Bessemer Venture Partners: Long-standing venture firm with IT and healthcare practices. Directly comparable in vintage (founded 1911) and breadth of sector coverage.

Direct peers

  • Domain Associates: Specialized life sciences venture firm. Comparable to the life sciences portion of Morgenthaler's stated focus.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

Morgenthaler Ventures social profiles

Digital presence

Morgenthaler Ventures financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Morgenthaler Ventures leadership team

Management profile

Number of profiles

Profiles4 records

Morgenthaler Ventures funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Morgenthaler Ventures M&A and investment

M&A and investment

M&A4 records

Investments370 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Morgenthaler Ventures

What does Morgenthaler Ventures do?

Morgenthaler Ventures is a venture capital and private equity firm that invests in IT and life sciences companies. The firm deploys growth and buyout capital into portfolio companies and has historically executed acquisitions such as dlhBOWLES, ConForm, Precision Parts International, and MPI International.

When was Morgenthaler Ventures founded?

Morgenthaler Ventures was founded in 1968. It employs 11 to 50 people.

Where is Morgenthaler Ventures based?

Morgenthaler Ventures is headquartered in Menlo Park, United States, in the North America region.

Who are Morgenthaler Ventures's main competitors?

Broad incumbents on record are Sequoia Capital, Andreessen Horowitz, Greylock Partners, Lightspeed Venture Partners, Mayfield Fund, Kleiner Perkins, New Enterprise Associates (NEA), Accel and Bessemer Venture Partners. Domain Associates is listed as a direct peer.

Does Morgenthaler Ventures have an API?

No public API is recorded for Morgenthaler Ventures.

What industry is Morgenthaler Ventures in?

Morgenthaler Ventures's product category is Venture Capital and Private Equity. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSANACAO, Multi-Sector / Generalist Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.

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Live signals
TechCrunchOne of the industry’s earliest VCs, David Morgenthaler, has passed awayDavid Morgenthaler, one of the industry's earliest venture capitalists, passed away on Friday in Cleveland, Ohio, at age 96. He founded Morgenthaler Ventures in 1968 and was instrumental in lowering the U.S. capital gains tax rate from 49 percent to 28 percent in 1978 and in amending legislation that allowed pension funds to invest in venture capital starting in 1979. The firm began winding down in 2013 when its partners raised a $175 million fund under the new brand Canvas Venture Fund, with the National Venture Capital Association calling him an "icon of venture capital."FinSMEsScioderm Raises $20M in Series B FinancingScioderm raised $20M in Series B financing led by Redmile Group, with participation from Morganthaler Ventures and Technology Partners. The company will use the funds to develop Zorblisa, a topical therapy for Epidermolysis Bullosa, initiating trials in Q1 2015 with top-line results expected in H2 2015.FinSMEsNuoDB Closes $14.2M in FundingNuoDB, a distributed database provider, closed $14.2M in funding led by Dassault Systèmes, with participation from Morgenthaler Ventures, Hummer Winblad, and Longworth. The company has now raised $26.2M since its 2010 founding. Its database is deployed across multiple locations for customers like AutoZone.FinSMEsCheck Raises $24M in Series C FundingCheck, a Palo Alto-based bill-tracking app, raised $24M in Series C funding led by Menlo Ventures. The round included participation from Morgenthaler Ventures and Pitango Venture Capital, with Doug Carlisle joining the board. The company has raised $50M to date.VC News DailyCheck Secures $24M in Series C FinancingCheck, a mobile bill payment app formerly known as Pageonce, announced the closing of a $24 million Series C funding round led by new investor Menlo Ventures, with participation from existing investors Morgenthaler Ventures and Pitango Venture Capital. The company, headquartered in Palo Alto, California, processes over $500 million in payment volume annually and serves nearly 10 million customers, positioning itself to disrupt the $20 billion bill payment industry. Doug Carlisle from Menlo Ventures will join Check's board as part of the deal.TechCrunchNow At 10M Users, Check Lands $24M From Menlo To Become Your Go-To Mobile Money ManagerCheck, a Palo Alto-based mobile finance app company (formerly Pageonce), announced it has closed a $24 million Series C funding round led by Menlo Ventures, with participation from existing investors Morgenthaler Ventures and Pitango Venture Capital, bringing its total funding to $49 million. The company has grown to 10 million users, processes over $500 million in annual bill payments, and employs 100 people. With plans to expand through partnerships with wireless carriers and regional utilities, Check charges 4 percent on credit card transactions within the app and has an existing partnership with Alltel Corp.FinSMEsHolaira Raises $10M in Series C FinancingHolaira Inc., a Minneapolis-based developer of medical devices for obstructive lung diseases, raised $10 million in Series C financing. Backers include Advanced Technology Ventures, Morgenthaler Ventures, Split Rock Partners, and Versant Ventures. The company will use the funds to develop its minimally invasive products, including a catheter-based system for Targeted Lung Denervation.WsjDoximity Raises $17M for Secure Doctor NetworkMorgenthaler Ventures has led a $17 million Series B funding round for Doximity Inc., the operator of a secure doctor-communications network. As part of this investment, Rebecca Lynn, a partner at Morgenthaler Ventures, will join Doximity's board of directors.VC News DailyMorgenthaler Ventures Announces VC FinalistsMorgenthaler Ventures revealed the 11 finalists of its nationwide competition aimed at identifying promising health IT startups seeking seed and Series-A funding. The contest attracted 117 applications and the finalists will present to venture capitalists and investors on September 22, 2011, at a dedicated event in Mountain View, CA. This event highlights the growing interest in health IT, emphasizing the shift towards innovative solutions in healthcare.FinSMEsMorgenthaler Ventures Launches Nationwide Competition to Find Startup Ideas in Health ITMorgenthaler Ventures launched the DC to VC: HIT Startup Showcase, a nationwide competition for health IT startups seeking seed or Series A funding. Applications are due August 9, 2011, with ten finalists announced by August 15 and presentations on September 22. The event is co-organized with Health 2.0, Practice Fusion, and Silicon Valley Bank.