derek_xiao-main-HEADSHOTderek_xiao-main-HEADSHOT

Derek Xiao

Investor

AI, Cloud Infrastructure, SaaS, Bio + Healthcare

As an investor at Menlo Ventures, Derek concentrates on identifying investment opportunities across the firm’s thesis areas, covering AI, cloud infrastructure, digital health, and enterprise SaaS. Derek is especially focused on investing in soon-to-be breakout companies at the inflection stage.

Derek joined Menlo from Bain & Company where he worked with leading San Francisco-based technology investors and companies spanning a broad range of industries. In one case, he advised a growth equity fund on potential investments in two rocket launch companies. That introduction to frontier tech and startups on the verge of hypergrowth sparked his desire to pursue venture capital.

Derek graduated summa cum laude and Phi Beta Kappa from Harvard with a Bachelor’s Degree in Government. During his time on campus, he served as President of the student newspaper, The Harvard Crimson. Battling strong headwinds associated with the decline of the print publication industry, Derek led the effort to return The Crimson to financial stability, bringing revenues to a decade high. Derek’s passion for media inspired him to begin his career as a journalist for Forbes.  

During his free time, you can find Derek skiing in Tahoe or scanning Twitter for the latest commentary on the future of news. You can follow him at @derekgxiao.

Supported by: Nicole Sekeres, [email protected]

As an investor at Menlo Ventures, Derek concentrates on identifying investment opportunities across the firm’s thesis areas, covering AI, cloud infrastructure, digital health, and enterprise SaaS. Derek is especially focused on investing in soon-to-be breakout companies at the inflection stage.

Derek joined Menlo from Bain & Company where he worked with leading San Francisco-based technology investors and companies spanning a broad range of industries. In one case, he advised a growth equity fund on potential investments in two rocket launch companies. That introduction to frontier tech and startups on the verge of hypergrowth sparked his desire to pursue venture capital.

Derek graduated summa cum laude and Phi Beta Kappa from Harvard with a Bachelor’s Degree in Government. During his time on campus, he served as President of the student newspaper, The Harvard Crimson. Battling strong headwinds associated with the decline of the print publication industry, Derek led the effort to return The Crimson to financial stability, bringing revenues to a decade high. Derek’s passion for media inspired him to begin his career as a journalist for Forbes.  

During his free time, you can find Derek skiing in Tahoe or scanning Twitter for the latest commentary on the future of news. You can follow him at @derekgxiao.

Supported by: Nicole Sekeres, [email protected]

Investments

Our Portfolio
Anthropic logo
Anthropic logo

Anthropic is an AI safety and research company that builds reliable, interpretable, and steerable AI systems.

Milestones
  • 2021 Founded
  • 2023 Partnered, Series C
Neon logo
Neon logo

Neon is a multi-cloud Serverless Postgres provider that is purpose-built to address modern workloads oriented around edge computing and AI.

Milestones
  • 2021 Founded
  • 2023 Partnered, Series B
Partner
Neon elephant graphic
Unstructured logo
Unstructured logo

Unstructured transforms organizations’ complex, unstructured data like PDFs, PPTX, HTML files, and more into formats compatible with LLMs so employees can chat with their internal data.

Milestones
  • 2022 Founded
  • 2024 Partnered, Series B
Partner

Typeface is an enterprise-grade generative AI app to create engaging, personalized content faster and easier than ever before.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series A
Eleos Health logo
Eleos Health logo

Eleos Health leverages specialized clinical AI models to turn behavioral health conversations into documentation and care intelligence, reducing admin work by over 50% and improving outcomes 3–4x.

Milestones
  • 2020 Founded
  • 2023 Partnered, Series B
Eleos Health graphic
Cartwheel Care logo
Cartwheel Care logo

Cartwheel is a tech-enabled provider for youth mental health services, helping schools and families tackle the student mental health crisis.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series A
Partner
Cartwheel Care telehealth
True Anomaly logo
True Anomaly logo

True Anomaly is a deep technology company developing advanced hardware and software systems to ensure the sustainable security of space.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series B
True Anomaly graphic

Obsidian aggregates, normalizes, and enriches user activity, access, and privilege data across SaaS applications to help organizations identify potential account compromise, data leakage, or insider threats.

Milestones
  • 2017 Founded
  • 2022 Partnered, Series C
obsidian_security_graphic

Anthropic is an AI safety and research company that builds reliable, interpretable, and steerable AI systems.

Milestones
  • 2021 Founded
  • 2023 Partnered, Series C
Anthropic
Anthropic is an AI safety and research company that builds reliable, interpretable, and steerable AI systems.
Anthropic logo

Cartwheel is a tech-enabled provider for youth mental health services, helping schools and families tackle the student mental health crisis.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series A
Partner
Cartwheel Care telehealth
Cartwheel
Cartwheel is a tech-enabled provider for youth mental health services, helping schools and families tackle the student mental health crisis.
Cartwheel Care logo

Eleos Health leverages specialized clinical AI models to turn behavioral health conversations into documentation and care intelligence, reducing admin work by over 50% and improving outcomes 3–4x.

Milestones
  • 2020 Founded
  • 2023 Partnered, Series B
Eleos Health graphic
Eleos Health
Eleos Health leverages specialized clinical AI models to turn behavioral health conversations into documentation and care intelligence, reducing admin work by over 50% and improving outcomes 3–4x.
Eleos Health logo

Higgsfield is a video AI company dedicated to democratizing social media content creation to everyone.

Milestones
  • 2023 → Founded
  • 2024 → Partnered, Seed
Partner
Higgsfield
Higgsfield is a video AI company dedicated to democratizing social media content creation to everyone.

Obsidian aggregates, normalizes, and enriches user activity, access, and privilege data across SaaS applications to help organizations identify potential account compromise, data leakage, or insider threats.

Milestones
  • 2017 Founded
  • 2022 Partnered, Series C
obsidian_security_graphic
Obsidian Security
Obsidian aggregates, normalizes, and enriches user activity, access, and privilege data across SaaS applications to help organizations identify potential account compromise, data leakage, or insider threats.

OfferFit is a ML-powered, automated experimentation platform for lifecycle marketers that enables true mass personalization on a 1:1 basis, all tailored to the specific goal of the marketers.

Milestones
  • 2020 Founded
  • 2023 Partnered, Series B
Partner
OfferFit graphic
OfferFit
OfferFit is a ML-powered, automated experimentation platform for lifecycle marketers that enables true mass personalization on a 1:1 basis, all tailored to the specific goal of the marketers.
OfferFit logo

True Anomaly is a deep technology company developing advanced hardware and software systems to ensure the sustainable security of space.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series B
True Anomaly graphic
True Anomaly
True Anomaly is a deep technology company developing advanced hardware and software systems to ensure the sustainable security of space.
True Anomaly logo

Typeface is an enterprise-grade generative AI app to create engaging, personalized content faster and easier than ever before.

Milestones
  • 2022 Founded
  • 2023 Partnered, Series A
Typeface
Typeface is an enterprise-grade generative AI app to create engaging, personalized content faster and easier than ever before.

Unstructured transforms organizations’ complex, unstructured data like PDFs, PPTX, HTML files, and more into formats compatible with LLMs so employees can chat with their internal data.

Milestones
  • 2022 Founded
  • 2024 Partnered, Series B
Partner
Unstructured
Unstructured transforms organizations’ complex, unstructured data like PDFs, PPTX, HTML files, and more into formats compatible with LLMs so employees can chat with their internal data.
Unstructured logo

Perspective

AI cognitive architectures
AI Agents: A New Architecture for Enterprise Automation
AI agents at work
Beyond Bots: How AI Agents Are Driving the Next Wave of Enterprise Automation
AI Playbook banner
7 Golden Rules for Generative AI Apps: A Playbook from Early Winners
Menlo’s Investment in Higgsfield: Building World Models With Video
Backing the Stack: Why Menlo Invested in Unstructured
Illustration of LLMs by GenAI
The Modern AI Stack: Design Principles for the Future of Enterprise AI Architectures
Our Investment in Barnyard Games: Pioneering Social Games for the Unreal Engine for Fortnite Ecosystem
True Anomaly's Jackal spacecraft
Menlo’s Investment in True Anomaly: A Defense Prime for Space
OfferFit founders
Menlo’s Investment in OfferFit: Building the ML-Powered, Automated Experimentation Platform Marketers Need
2023: The State of Generative AI in the Enterprise
Eleos founders
Empowering Behavioral Health Providers With AI: Our Investment in Eleos
Cartwheel Care graphic
Our Investment in Cartwheel: Improving Youth Mental Health
Neon anvil falling on Wile E. Coyote
Menlo’s Investment in Neon: Serverless Postgres for Modern Workloads
Anthropic graphic, square
Our Investment in Anthropic: The Foundation Layer for Generative AI
AI construction site graphic
The Seven Generative AI Building Blocks for the Next Generation of Consumer Technology Companies
Our Investment in Typeface: Generative AI at Enterprise Speed and Scale
Future of supply chain graphic
Perspectives for 2023 from Supply Chain Leaders at Uber, Maersk, and P&G
Latin America supply chain
Latin America: The Next Frontier in Supply Chain Innovation
mental health care graphic
Carefully Crafted Digital Approaches Can Improve Youths’ Mental Health Care
Securing the modern software supply chain
Securing the Modern Software Supply Chain
The Opportunity in Cybersecurity: Takeaways From This Year's RSA Conference
Our Investment in Obsidian Security: Securing the Most Critical Business Applications for the Enterprise
Public Cloud Stocks Have Dropped 50%. Will Private Valuations Follow?