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IVP

North America, California, United States, Menlo Park

Description

IVP, or Institutional Venture Partners, is a distinguished later-stage venture capital and growth equity firm based in Menlo Park, California. Established in 1980, IVP has built a formidable reputation over more than four decades as a leading investor in high-growth technology companies. The firm specializes in providing capital for Series B, C, and later rounds, targeting companies that have already demonstrated significant traction and product-market fit. Their strategic focus spans a wide array of sectors within technology, including enterprise software, consumer internet, fintech, and cybersecurity.

The firm's investment philosophy centers on identifying and partnering with exceptional management teams building category-defining businesses. IVP is renowned for its disciplined approach to identifying market leaders and providing not just capital, but also strategic guidance, operational expertise, and access to an extensive network. This hands-on partnership model has contributed to a remarkable track record, with over 130 IVP-backed companies having successfully completed an IPO or strategic acquisition, including notable names like Twitter, Snap, Dropbox, and Coinbase.

With a substantial capital base, IVP has raised over $10 billion across its various funds, enabling it to make significant commitments to its portfolio companies. Their most recent fund, IVP XVIII, closed in 2023 with $1.6 billion in commitments, underscoring their continued capacity for substantial investments. IVP typically makes initial investments ranging from $10 million to $150 million, demonstrating their flexibility to lead or co-lead large growth rounds. The firm's enduring presence and consistent performance solidify its position as a key player in the global venture capital ecosystem, driving innovation and growth across the technology landscape.

Investor Profile

IVP has backed more than 403 startups, with 17 new investments in the last 12 months alone. The firm has led 157 rounds, about 39% of its total and boasts 132 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series B, Series D rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Germany.
  • Strong thematic focus on Software, SaaS, Enterprise Software.
  • Led 11 rounds in the past year.
  • Typical check size: $10M – $150M.

Stage Focus

  • Series C (22%)
  • Series B (20%)
  • Series D (19%)
  • Series Unknown (13%)
  • Series E (12%)
  • Series F (5%)
  • Series A (4%)
  • Private Equity (2%)
  • Post Ipo Equity (2%)

Country Focus

  • United States (90%)
  • United Kingdom (2%)
  • Germany (1%)
  • Finland (1%)
  • France (1%)

Industry Focus

  • Software
  • Saas
  • Enterprise Software
  • Analytics
  • Information Technology
  • Artificial Intelligence (Ai)
  • Internet
  • Mobile
  • Fintech
  • Health Care
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does IVP frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 43
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 36
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 24
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 28
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 28
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 24
Accel
North America, California, United States, Palo Alto
Co-Investments: 32
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 24
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 28
Greylock
North America, California, United States, Menlo Park
Co-Investments: 24

Which angels does IVP often collaborate with?

SB
North America, California, United States
Shared Deals: 2
PT
North America, California, United States, San Francisco
Shared Deals: 2
LG
North America, California, United States, San Francisco
Shared Deals: 3
SB
North America, California, United States, Los Angeles
Shared Deals: 2
AO
North America, California, United States, San Francisco
Shared Deals: 3
HS
North America, New York, United States, Brooklyn
Shared Deals: 2
David Spector
North America, California, United States, San Francisco
Shared Deals: 2
JB
North America, Washington, United States, Seattle
Shared Deals: 3
JK
North America, New York, United States, New York
Shared Deals: 3
EG
North America, California, United States, San Francisco
Shared Deals: 5

What are some of recent deals done by IVP?

WHOOP

Boston, Massachusetts, United States

WHOOP provides wearable fitness technology and a subscription platform that tracks physiological data for health and performance insights.

Consumer ElectronicsFitnessSportsWearablesWellness
Series GMar 31, 2026
Amount Raised: $575,000,000
Cape

Arlington, Virginia, United States

Cape develops privacy-enabling technology that allows users to reclaim their privacy and security on electronic devices.

Information TechnologyMobileNetwork SecuritySoftwareTelecommunications
Series CMar 19, 2026
Amount Raised: $100,000,000
Wonderful

Amsterdam, Noord-Holland, The Netherlands

Wonderful develops software for deploying artificial intelligence agents in business operations and customer interactions.

Artificial Intelligence (AI)Enterprise SoftwareGenerative AISaaS
Series BMar 12, 2026
Amount Raised: $150,000,000
Sage

Brooklyn, New York, United States

Sage is an operation management system used by senior living communities to manage resident care and facility operations.

Elder CareMedicalNursing and Residential CareSoftware
Series CMar 5, 2026
Amount Raised: $65,000,000
Solace

Redwood City, California, United States

Solace connects patients with professional healthcare advocates that supports them through complex medical journeys.

Health CareMedicalOnline PortalsWellness
Series CFeb 10, 2026
Amount Raised: $130,000,000
GenLogs

Arlington, Virginia, United States

GenLogs is a freight intelligence company that offers truck carrier mapping services via AI-driven roadside sensors.

Artificial Intelligence (AI)Freight ServiceLogisticsMapping ServicesSensor
Series BFeb 2, 2026
Amount Raised: $60,000,000
Baseten

San Francisco, California, United States

Baseten is an AI infrastructure company that integrates machine learning into business operations, production, and processes.

AI InfrastructureArtificial Intelligence (AI)Developer ToolsMachine LearningSoftwareSoftware Engineering
Series UnknownJan 20, 2026
Amount Raised: $300,000,000
Harness

San Francisco, California, United States

Harness provides a software delivery platform that helps engineering teams build, deploy, and operate applications through a set of tools.

Artificial Intelligence (AI)Developer ToolsDevOpsProductivity ToolsSaaS
Secondary MarketDec 11, 2025
Numeric

San Francisco, California, United States

Numeric is an AI accounting software company that automates accounting workflows and improves financial data management for businesses.

AccountingAnalyticsArtificial Intelligence (AI)FinTechSoftware
Series BNov 19, 2025
Amount Raised: $51,000,000
Wonderful

Tel Aviv-yafo, Tel Aviv, Israel

Wonderful is an an enterprise AI platform enabling organizations to create, test, and deploy AI agents for voice, chat, and email.

Artificial Intelligence (AI)Enterprise SoftwareGenerative AISaaS
Series ANov 11, 2025
Amount Raised: $100,000,000

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