# Greenoaks A San Francisco venture firm founded in 2012 by Neil Mehta (with Benny Peretz), known for an unusually concentrated, long-horizon style — roughly 15 companies per fund, $25–75M initial checks, and holding breakout positions for decades rather than exiting at IPO. The model was forged by an early bet that put ~40% of its first $50M fund into Coupang, which returned roughly $8B. Greenoaks closed ~$2.5B for its sixth fund, its largest yet. ## KB Relevance Greenoaks sits at the intersection of the two capital destinations the KB watches most closely — **frontier AI** and **defense tech**. It co-led [[Anthropic]]'s **$65B Series H** (see [[Anthropic $65B Series H]]), is a longtime backer of [[Scale AI]], and is among the cohort of crossover funds — with Sequoia, [[Andreessen Horowitz]], Thrive, [[Founders Fund]], [[Blackstone]], and Advent — that moved meaningful capital into defense tech, including [[Anduril]], over 2025–2026. Like [[Altimeter Capital]] and [[Dragoneer Investment Group]], Greenoaks is a capital actor rather than an ideological one, but its concentrated positions make it a structural shareholder in the firms building the surveillance-and-autonomy stack the KB documents. ## See Also - [[Anthropic]] - [[Anthropic $65B Series H]] - [[Scale AI]] - [[Anduril]] - [[Altimeter Capital]] - [[Dragoneer Investment Group]]