Multi-stage VC, Menlo Park
Kleiner Perkins
Venture capital firm · Menlo Park · Founded 1972
Quick read
Kleiner Perkins, a multi-stage VC firm, founded in 1972 and headquartered in Menlo Park, California, is one of Silicon Valley's most storied venture firms with early bets on Google, Amazon, and Genentech. In March 2026, it raised $3.5B across two new funds—KP22, a $1B early-stage vehicle, and $2.5B in growth funds—with AI as the dominant theme across software, healthcare, transportation, and autonomy. After a publicly acknowledged difficult stretch, the firm deliberately rebuilt around a smaller, conviction-driven partnership led by Mamoon Hamid and Ilya Fushman.
Key facts
- Founded
- 1972
- Founders
- Eugene Kleiner, Tom Perkins, Frank Caufield, Brook Byers
- Employees
- 55
- Sectors
- generalist, ai, enterprise, healthcare
- Website
- www.kleinerperkins.com
Investment thesis
Kleiner Perkins backs early- and growth-stage technology and life sciences companies, with a current emphasis on AI across enterprise software, healthcare, and autonomy. The firm takes a conviction-based approach—one sponsoring partner champions each deal before the full partnership—and positions itself as a hands-on builder alongside founders rather than a passive capital provider.
Recent activity
- Mar 2026fundraiseKleiner Perkins closed $3.5 billion across two simultaneous funds: KP22, a $1 billion early-stage fund (its twenty-second venture fund targeting seed and Series A), and KP Select IV, approximately $2.5 billion in growth capital for late-stage AI companies. The raise is 75% larger than the firm's previous $2 billion dual raise less than two years prior. KP has returned more than $13 billion to LPs since 2018. awesomeagents.ai
- Mar 2026pressFortune published a profile of Kleiner Perkins documenting the firm's turnaround under Mamoon Hamid and Ilya Fushman, based on multiple days of access to the firm throughout 2025. fortune.com
- Jun 2026investmentKleiner Perkins led a $435 million Series C round for NewLimit. crino.io
- Jun 2026investmentKleiner Perkins led a $50 million Series A round for Poetic. crino.io
- Jul 2025pressKP highlighted OpenEvidence, noting more than 100 million Americans are now treated by doctors who have used the platform, which has reached 10,000+ hospitals and clinics. x.com
- 2025investmentPermitFlow raised a $54 million Series B led by Accel, with Kleiner Perkins participating alongside Felicis. KP had previously led PermitFlow's Series A. linkedin.com
- 2025investmentHarvey raised a $160 million Series F led by Andreessen Horowitz, valuing the company at $8 billion. Kleiner Perkins participated as an existing investor alongside Sequoia Capital, Conviction, and Elad Gil. linkedin.com
- Jun 2026investmentKleiner Perkins led Poetic's $50M Series A round, announced June 11, 2026. crino.io
- Jun 2026investmentKleiner Perkins led NewLimit's $435M Series C, announced June 3, 2026. NewLimit, co-founded by Coinbase CEO Brian Armstrong, tripled its valuation to $3.1B. tracxn.com
- Mar 2026fundraiseKleiner Perkins announced $3.5B in new funds: KP22, a $1B early-stage fund (its 22nd venture fund), and $2.5B in growth funds. The raise is a significant step up from the firm's $2B fundraise less than two years prior. Gunderson Dettmer advised on fund formation. techcrunch.com
- Mar 2026leadershipPartner Ev Randle departed Kleiner Perkins for rival firm Benchmark. Partner Annie Case transitioned from partner to an advisory role. techcrunch.com
- Feb 2026pressFortune published a profile of Kleiner Perkins' comeback, highlighting the firm's lean five-partner team, conviction-based decision-making with no formal voting, and the 2023 hire of Leigh Marie Braswell from Founders Fund as a key move in its resurgence. finance.yahoo.com
Notable investments
- NewLimitSeries CJun 2026crino.io
- PoeticSeries AJun 2026crino.io
- PermitFlowSeries B2025linkedin.com
- HarveySeries F2025linkedin.com
- Ambience HealthcareSeries C2025linkedin.com
- AnthropicGrowth2024awesomeagents.ai
- Together AIGrowth2024awesomeagents.ai
- Safe SuperintelligenceGrowth2024awesomeagents.ai
- PoeticSeries A ($50M)Jun 2026crino.io
- NewLimitSeries C ($435M)Jun 2026tracxn.com
- VapiSeries B ($50M)May 2026tracxn.com
- SaronicSeries D ($1.75B)2026gunder.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Mamoon Hamid · Partner
- Leigh Marie Braswell · Partner
- Lindsey Keller · Partner
- Ilya Fushman · Partner
- Josh Coyne · Partner
- Vinod Khosla · Former Partner (1986–2004)
- Mood Rowghani · General Partner
- Bucky Moore · Partner
- Bing Gordon · Partner
- Annie Case · Partner
Sources
- Kleiner Perkins Raises $3.5B For AI-Focused Funds
- Kleiner Perkins Raises $3.5 Billion to Invest in the AI Boom
- Silicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
- Kleiner Perkins leads Rogo's $160M raise
- Kleiner Perkins - Wikipedia
- Home | Kleiner Perkins
- Kleiner Perkins — Investment Thesis & Preferences
- https://www.everythingstartups.com/vc-funds/kleiner-perkins
- https://x.com/kleinerperkins?lang=en
- https://www.linkedin.com/company/kleinerperkins
- https://www.linkedin.com/posts/anshvora_rogo-just-closed-our-series-d-led-by-kleiner-activity-7455241273021747200-I8qb
- https://www.linkedin.com/in/mamoonha
- https://crino.io/investor-profile/FND22571-kleiner-perkins/
- https://tracxn.com/d/venture-capital/kleiner-perkins/__M3ZtL62VNmgtiH2m8SoAcdoCNIOpQAv0g_eqoob_Vw8
- https://techcrunch.com/2026/03/24/with-3-5b-in-fresh-capital-kleiner-perkins-is-going-all-in-on-ai/
- https://www.gunder.com/en/news-insights/client-news/kleiner-perkins-leads-saronics-dollar1-75-billion-usd-series-d
- https://awesomeagents.ai/news/kleiner-perkins-3-5b-ai-fund/
- https://fortune.com/2026/03/27/vc-firms-rarely-reinvent-themselves-kleiner-perkins-did-3-5-billion/
- https://x.com/josh_coyne?lang=en
Other VCs in United States
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- Benchmark Capital · Early-stage VC, San Francisco·
- Founders Fund · Contrarian VC, San Francisco·
- Khosla Ventures · Multi-stage VC, Menlo Park·
- Greylock Partners · Early-stage VC, Menlo Park
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Frequently asked
What is Kleiner Perkins?+
Kleiner Perkins, a multi-stage VC firm, founded in 1972 and headquartered in Menlo Park, California, is one of Silicon Valley's most storied venture firms with early bets on Google, Amazon, and Genentech. In March 2026, it raised $3.
Where is Kleiner Perkins headquartered?+
Kleiner Perkins is headquartered in Menlo Park, United States.
When was Kleiner Perkins founded?+
Kleiner Perkins was founded in 1972 by Eugene Kleiner, Tom Perkins, Frank Caufield, Brook Byers.
What sectors does Kleiner Perkins invest in?+
Kleiner Perkins focuses on generalist, ai, enterprise, healthcare. They primarily invest in these sectors.
How do I prepare for a meeting with Kleiner Perkins?+
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