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Steve Sloane

Partner

Fintech, SaaS, Supply Chain + Automation

steve_sloane-BIO

Steve is a partner at Menlo focused on investments in Menlo’s Inflection Fund, which targets fast-growing Series B/C companies. He has made a number of supply chain technology investments, including Enable, Scout, 6 River Systems, ShipBob, CloudTrucks, and Parade.

Steve joined the firm in 2015 as an associate, became a principal in 2017, and a partner in 2019. Prior to Menlo, Steve worked in growth-stage investing at Insight Venture Partners in New York and founded a YC-backed company in the social space. Steve graduated from Princeton University with bachelor’s degrees in both mechanical and aerospace engineering and a minor in robotics and intelligent systems. In what little free time he now has with two boys under three, he enjoys skiing, following the New York Giants, and road biking.

Steve is a partner at Menlo focused on investments in Menlo’s Inflection Fund, which targets fast-growing Series B/C companies. He has made a number of supply chain technology investments, including Enable, Scout, 6 River Systems, ShipBob, CloudTrucks, and Parade.

Steve joined the firm in 2015 as an associate, became a principal in 2017, and a partner in 2019. Prior to Menlo, Steve worked in growth-stage investing at Insight Venture Partners in New York and founded a YC-backed company in the social space. Steve graduated from Princeton University with bachelor’s degrees in both mechanical and aerospace engineering and a minor in robotics and intelligent systems. In what little free time he now has with two boys under three, he enjoys skiing, following the New York Giants, and road biking.

Empowering Behavioral Health Providers With AI: Our Investment in Eleos
November, 8 2023
Perspectives for 2023 from Supply Chain Leaders at Uber, Maersk, and P&G
December, 20 2022
Latin America: The Next Frontier in Supply Chain Innovation
December, 14 2022
Our Investment in Parade: Unlocking Efficiency in Freight Brokerage
February, 9 2022
Cheers to Chime: Finally, a Bank Consumers Can Love!
March, 5 2019
Supply-Side Economics
December, 15 2015
Let’s Get Vertical
November, 20 2015
All About the Rake
November, 10 2015
10 Laws of Successful Marketplaces
October, 16 2015
Empowering Behavioral Health Providers With AI: Our Investment in Eleos
November, 8 2023,
Perspectives for 2023 from Supply Chain Leaders at Uber, Maersk, and P&G
December, 20 2022,
Let’s Get Vertical
November, 20 2015,
All About the Rake
November, 10 2015,
10 Laws of Successful Marketplaces
October, 16 2015,

Investments

Our Portfolio
6_riverAcquired by Shopify
6_river

6 River Systems is a fulfillment solutions provider making warehouses more efficient with autonomous mobile robots and AI.

Milestones
  • 2015 Founded
  • 2018 Partnered, Series B
  • 2019 Acquired by Shopify
6_river_systems_graphic
chime_logo
chime_logo

Chime helps members avoid bank fees, save money automatically, and lead healthier financial lives.

Milestones
  • 2012 Founded
  • 2018 Partnered, Series C
cloudtrucks
cloudtrucks

Cloudtrucks helps trucking owner-operators and small fleets source and instantly book loads, get paid faster, and streamline back office operations.

Milestones
  • 2019 Founded
  • 2021 Partnered, Series B
cloudtrucks_graphic
enable
enable

Enable is a collaborative B2B rebate management platform that makes it easy to manage and scale rebate programs.

Milestones
  • 2016 Founded
  • 2020 Partnered, Series A
enable_graphic
observe-ai
observe-ai

Observe.AI transforms customer service experiences and improves agent performance by helping businesses analyze 100% of calls and streamline quality assurance workflows.

Milestones
  • 2017 Founded
  • 2020 Partnered, Series B
observe-ai_graphic
parade
parade

Parade allows freight brokerages and 3PLs to move more freight, book loads faster, and grow their businesses.

Milestones
  • 2015 Founded
  • 2021 Partnered, Series A
parade_graphic
shipbob
shipbob

ShipBob is a tech-enabled 3PL that offers simple, fast, and affordable e-commerce fulfillment for direct-to-consumer brands.

Milestones
  • 2014 Founded
  • 2018 Partnered, Series C
scoutAcquired by Workday
scout

Scout RFP provides cloud-based strategic sourcing solutions that help companies streamline supplier selection, centralize data, and make more informed purchasing decisions, faster.

Milestones
  • 2013 Founded
  • 2017 Partnered, Series A
  • 2019 Acquired by Workday
scout_rfp_graphic

Carta is a software platform for founders, investors, and employees to manage cap tables, equity, and ownership.

Milestones
  • 2012 Founded
  • 2017 Partnered, Series C
carta_graphic
Carta
Carta is a software platform for founders, investors, and employees to manage cap tables, equity, and ownership.

Clarifai is an artificial intelligence company that excels in visual recognition, solving real-world problems for businesses and developers alike.

Milestones
  • 2013 Founded
  • 2016 Partnered, Series B
clarifai_graphic
Clarifai
Clarifai is an artificial intelligence company that excels in visual recognition, solving real-world problems for businesses and developers alike.
clarifai

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

Heap is a digital insights platform that combines quantitative and qualitative analytics for a 360º degree view of your customer journey.

Milestones
  • 2013 Founded
  • 2016 Partnered, Series A
  • 2023 Acquired by Contentsquare
heap_graphic
Heap
Heap is a digital insights platform that combines quantitative and qualitative analytics for a 360º degree view of your customer journey.
Acquired by Contentsquare

MealPal offers a subscription service that makes lunch pickup from restaurants convenient and affordable.

Milestones
  • 2016 Founded
  • 2017 Partnered, Series B
mealpal_graphic
MealPal
MealPal offers a subscription service that makes lunch pickup from restaurants convenient and affordable.

Rover connects dog and cat parents with loving pet sitters and dog walkers in neighborhoods across the US, Canada, UK, and Europe.

Milestones
  • 2011 Founded
  • 2014 Partnered, Series C
  • 2021 SPAC; NASDAQ: ROVR
rover_graphic
Rover
Rover connects dog and cat parents with loving pet sitters and dog walkers in neighborhoods across the US, Canada, UK, and Europe.
NASDAQ: ROVR
rover

Sidecar Health is a health insurtech solution that helps people get the health care they need with price transparency and direct payments for care.

Milestones
  • 2018 Founded
  • 2021 Partnered, Series C
sidecar_health_graphic
Sidecar Health
Sidecar Health is a health insurtech solution that helps people get the health care they need with price transparency and direct payments for care.
sidecar_health

Truework is a one-stop platform that helps banks, lenders, and others verify income, employment, and other identity data.

Milestones
  • 2017 Founded
  • 2019 Partnered, Series A
Truework
Truework is a one-stop platform that helps banks, lenders, and others verify income, employment, and other identity data.