Marketplaces

Menlo Inflection IV, L.P. is a late‑stage venture capital fund managed by Menlo Ventures, legally domiciled in Delaware with operational headquarters in Menlo Park, California. It was launched in 2025 and belongs to Menlo’s Inflection Fund series aimed at bridging early‑stage investing and mega‑growth funding. The fund targets approximately $800 million in capital commitments, as disclosed in SEC filings in early September 2025. Menlo Inflection IV focuses on companies at the 'inflection stage'—high‑momentum startups with growing product‑market fit, efficient unit economics, and a lower risk profile than typical early‑stage ventures. The fund is expected to collaborate closely with Menlo’s early‑stage funds to identify standout late‑stage opportunities. The general partner leadership team includes Venky Ganesan, Shawn Carolan, and Matthew Murphy, reflecting continuity across Menlo’s recent fund strategy.

Located in Amstelveen (Netherlands), Revo Capital Fund III is a venture capital fund managed by Revo Capital. Sectors of interest of the fund are: fintech, gaming, information technology, health tech, clean tech, insure tech, DevOps, marketplaces, martech, big data, cybersecurity, and artificial intelligence and machine learning sectors. The fund invests in global companies or in companies that have global businesses. Companies must be based in Eastern Europe, Turkey or the Baltics. The fund will aim for a first close of between $50 and $60 million in March, and targets $100 million, with a cap at $150 million. Revo plans to invest in over 25 seed to Series B startups, typically starting with up to $5 million per company and allocating up to $10 million with follow-ons. The firm also carved out a "Seed Pocket" for smaller initial checks of $250,000–500,000 in promising pre-seed and seed-stage startups.

Spark Capital VIII is an early stage VC fund managed by Spark Capital, out of Boston, Massachusetts. The $770 million fund will invest in early stage companies across a variety of sectors. Spark Capital's portfolio is composed of companies in the following sectors: Crypto & Fintech, AI, Frontier tech, Marketplaces, Enterprise & Consumer. Gunderson Dettmer represented Spark Capital in the formation of Spark Capital VIII.

Verb Marketplace Fund II is the latest venture capital vehicle launched by Verb Ventures, a London-based investment firm specializing in early-stage marketplaces and B2B platforms. This second fund continues Verb’s mission of identifying and accelerating companies that are reshaping fragmented or opaque industries through technology-enabled platforms. The fund is designed to back late seed and Series A companies demonstrating initial market traction, with a clear path to scalable growth. Verb Ventures positions itself as an active partner, leveraging its deep operational expertise and its founders’ backgrounds in building and scaling marketplaces. The firm actively supports portfolio companies in areas like team building, go-to-market strategies, and fundraising. Verb Marketplace Fund II follows a concentrated investment strategy, aiming to build a portfolio of around 20 companies. The fund is structured to allow high conviction positions—investing up to 25% of the fund in a single opportunity. This reflects Verb’s belief in focused backing of a few transformational companies rather than a spray-and-pray approach common in venture capital. As part of its value-add model, Verb Ventures brings together a strong LP base and an expanding founder community to enhance peer learning, unlock commercial opportunities, and drive capital access. The fund continues to emphasize investments in platform businesses with high gross margins, strong unit economics, and the potential to become category leaders in fragmented markets.