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

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 2026fundraise
    Kleiner 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 2026press
    Fortune 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 2026investment
    Kleiner Perkins led a $435 million Series C round for NewLimit. crino.io
  • Jun 2026investment
    Kleiner Perkins led a $50 million Series A round for Poetic. crino.io
  • Jul 2025press
    KP 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
  • 2025investment
    PermitFlow 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
  • 2025investment
    Harvey 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 2026investment
    Kleiner Perkins led Poetic's $50M Series A round, announced June 11, 2026. crino.io
  • Jun 2026investment
    Kleiner 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 2026fundraise
    Kleiner 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 2026leadership
    Partner Ev Randle departed Kleiner Perkins for rival firm Benchmark. Partner Annie Case transitioned from partner to an advisory role. techcrunch.com
  • Feb 2026press
    Fortune 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

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

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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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Generated by briefthecall.com from public web sources. Last updated August 5, 2026. Each claim is linked to its source above.

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