Experienced 40-year-old VC firm investing from new $1.8 billion fund dedicated to backing market leading later-stage growth companies
Menlo Park, Calif. May 12, 2021 IVP, a premier later-stage venture capital and growth equity firm, hit the ground running in 2021. Five of its portfolio companies, including Coinbase and UiPath, made their public market debuts since the beginning of the year and five others are scheduled to complete their IPOs by the end of the summer. Since January, the firm added six new companies to its portfolio, investing out of IVP XVII, its latest $1.8 billion fund. The firm, now with $8.7 billion in committed capital, typically serves as a lead investor in later-stage rounds with equity investments ranging in size from $10 to $150 million.
Since its founding in 1980, IVP refined its focus to become the optimal growth partner for top later-stage technology companies. The firm provides formative advice as companies remain private longer and work to grow their customer base and recurring revenue faster than ever before. IVP built its portfolio by investing exclusively in late-stage companies, years before the industry coined the term unicorn'. Today, IVP has seen over half of its active portfolio grow into the unicorn class, which has expanded to encompass over 600 companies.
IVP is built to serve all areas of growth. With exceptional operating, finance, and investment backgrounds, the investment partners are all hypergrowth experts and trusted go-to partners for founders scaling their operations, refining business strategies, recruiting key executives, and preparing for a public market debut. They help founders to navigate their early growth stage, one of the most challenging phases in a company's journey. IVP has decades of keen analytical prowess and collective analysis on growth trends, positioning them as the ecosystem's true experts. IVP has guided over 100 of its portfolio companies through public offerings.
Brian Armstrong, CEO of Coinbase, recalled a time when his company needed to make a key financial decision at a critical time. IVP Partner Tom Loverro, who led the company's Series D in 2017, stepped in at a pivotal moment to emphasize customer satisfaction over short term financial gain. As Armstrong says, to [Tom's] credit, he was unphased and told us he felt it was the right choice long term. Tom was one of the biggest advocates for us stepping up our game on senior hires, including customer support. He is always here for us, interviewing top candidates for our leadership roles, and hustling to get us great leads.
IVP's remarkable track record includes 120 IPOs and investments in over 400 companies since its founding including Attentive, Brex, Discord, Grammarly, HashiCorp, Hopin, Klarna, Lyra, MasterClass, Snap, Supercell, Twitter, Wise, and Zynga. With the recent successful IPOs of Coinbase, Compass, CrowdStrike, Datadog, Hims & Hers, Sumo Logic, The Honest Company, and UiPath, top entrepreneurs recognize that the IVP team plays an instrumental role in their success.
IVP continues to add exceptional talent to its investment team. General Partner Ajay Vashee, former CFO of Dropbox, joined the team this January, bringing additional operational and financial experience to the partnership. Partner Cack Wilhelm, who joined in late 2019, has years of operational expertise in DevOps and cloud, and helped land investments in CircleCI and Papaya Global. IVP also continues to promote from within, elevating Tom Loverro to General Partner, and Alex Lim to Partner, as he played an indispensable role in IVP's investments in Discord, Hopin, and UiPath.
Johnny Boufarhat, Founder and CEO of Hopin, chose IVP due to the team's high quality character. Recalling his first conversation with IVP General Partner Jules Maltz and Alex Lim, Boufarhat said, IVP took a very thoughtful approach with Hopin by spending a lot of time learning about the business and providing valuable forecasts in the space.
Andrew Dudum, CEO of Hims & Hers, touted the IVP team's expert guidance on scaling and achieving profitability at a pivotal moment. As Dudum said, IVP's been an incredibly flexible and supportive partner to our team throughout the entire process. Their pattern recognition for what differentiates high-growth companies is invaluable for a team with lofty ambitions and a desire to build something that can exist for many generations. They're also phenomenal people that always have the best interest of the team and the founders at heart.
For more, read our blog post.
About IVP
Founded in 1980, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. The firm has invested in over 400 companies with 120 IPOs. IVP is one of the top-performing firms in the industry and has a 40-year IRR of 43.1%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics (CSCO), Attentive, Brex, Coinbase (COIN), Compass (COMP), CrowdStrike (CRWD), Datadog (DDOG), Discord, Dropbox (DBX), GitHub (MSFT), Glossier, Grammarly, HashiCorp, Hims & Hers (HIMS), Hopin, Klarna, LegalZoom, Looker (GOOGL), Marketo (MKTO), MasterClass, Mindbody (MB), MuleSoft (CRM), Netflix (NFLX), Niantic, Podium, Robinhood, Rubrik, Slack (WORK), Snap (SNAP), Supercell (Tencent), Tanium, Twitter (TWTR), UiPath (PATH), Wise, ZipRecruiter, and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.
North America Stories
06/12/2025
In a live broadcast from the Reagan National Defense Forum, L3Harris Chair and CEO Christopher Kubasik joined Morgan Brennan on CNBCs Closing Bell: Overtime. Ku...
06/12/2025
FORT LAUDERDALE, Fla. A new survey from Pixitmedia by Datacore revealed a major shift in the Media & Entertainment industry in media archiving, with 85% of resp...
06/12/2025
HACKENSACK, N.J. LiveU has announced that the national public broadcaster Czech Television has completed one of the largest LiveU live production deployments fo...
06/12/2025
NEW YORK The National Academy of Television Arts and Sciences (NATAS) presented the Excellence in Production Technology Emmy Award to NASA+ and Dr. Tom Leight...
05/12/2025
2025 Sports Broadcasting Hall of Fame: Curt Gowdy Jr. - Master Storyteller, Nati...
05/12/2025
SVG Sit-Down: Veritone's Sean King on the Power of Mining Video, Audio DataThe company's Data Refinery offers users total control and governance over da...
05/12/2025
Platinum White Paper: Inside the Nashville Predators' Unified, Flexible, Sca...
05/12/2025
Netflix Reaches Agreement To Acquire Warner Bros. Following Planned WBD SplitThe deal does not include WBDs sports assets like TNT Sports (US, UK, LatAm), Euros...
05/12/2025
FOX Sports Returns to Indianapolis for Primetime Broadcast of Big Ten Championsh...
05/12/2025
SVG Summit 2025 Preview: Digital Engagement & Monetization Workshop Tackles the ...
05/12/2025
Atlanta United Lights Up New Emory Healthcare Studio With First Live Broadcast f...
05/12/2025
As Messi Takes the Pitch, MLS, Apple, NEP Roll Out Largest MLS Cup Production Ev...
05/12/2025
ESPN Enters College Football's Most Intense Month With Elevated Workflows fo...
05/12/2025
It's about that time! Awards season is in full swing, and the Film Independe...
05/12/2025
LOS ANGELES Netflix announced it has entered into an agreement to acquire the assets of Warner Bros. for $82.7 billion....
05/12/2025
NEW YORK Nielsens Gracenote has launched Gracenote Content Connect, a new ad platform that provides agencies, brands, supply-side platforms (SSPs) and demand-si...
05/12/2025
NEW YORK In an most important update to the workings of deal-based programmatic advertising, IAB Tech Lab has released version 1.0 of its Deals API for public c...
05/12/2025
NEW YORK Pass the turkey. Pass the stuffing. Pass the cranberry sauce. All are common requests of Americans celebrating Thanksgiving Day with family and f...
05/12/2025
NEW YORK Iris, the new cloud-connected camera control platform, has officially launched with features that turn virtually any PTZ camera into a software-connect...
05/12/2025
HOLLYWOOD, Calif. Netflix announced today that it has entered into an agreement to acquire the assets of Warner Bros. for $82.7 billion....
05/12/2025
NEW YORK Iris, the new cloud-connected camera control platform, has officially launched with features that turn virtually any PTZ camera into a software-connect...
05/12/2025
WASHINGTON The Federal Communications Commission has approved AT&T's $1.02 billion acquisition of spectrum from UScellular in a decision that was issued sho...
05/12/2025
The Best Coldplay Songs: 21 Tracks That Shoot for the Stars From Yellow to Viva La Vida, Fix You to Paradise, this playlist goes back to the start.
December ...
05/12/2025
Zafris Lecture Series Brings Nabil Ayers to Berklee The 32nd annual James G. Zafris Distinguished Lecture series was held on Thursday, November 13, with guest...
05/12/2025
Introducing New Perks to Help You Get Even More from LinkedIn Premium Published on Dec 5, 2025 Categories: Company News, Product News
LinkedIn Corporate Co...
05/12/2025
Back to All News
Don Lee, Lee Jin-uk, and Lalisa Manobal to Star in Netflix Act...
04/12/2025
SVG Sit-Down: ProximaVision's Claudio Lisman on Why Tethered Drones Could Be...
04/12/2025
SVG Campus Shot Callers: Imry Halevi, Senior Associate Director of Athletics, Co...
04/12/2025
Platinum White Paper: LiveU Lightweight Sports Production: A Step Change in Spor...
04/12/2025
London to Riyadh: DAZN brings the boxing glamour to new production levels for Be...
04/12/2025
Analysis: Paramount bets on the battering ram' with Champions League play By Callum McCarthy, Editor-at-Large
Tuesday, December 2, 2025 - 10:12
Print ...
04/12/2025
Space City Home Network Launches SCHN DTC App for Astros and RocketsThe Rockets and Astros were previously the lone NBA and MLB teams without a DTC appBy Jason...
04/12/2025
SVG Summit 2025 Preview: Content Workflows Workshop Spotlights Evolution of Spor...
04/12/2025
New Sponsor Spotlight: Geotech's Patrick Wambold On the Unreal Engine Revolu...
04/12/2025
Curt Gowdy Jr. - Master Storyteller, Nationally and RegionallyBy Jason Dachman, Editorial Director, U.S.
Thursday, December 4, 2025 - 1:52 pm
Print This Sto...
04/12/2025
(L-R) Rebecca Lichtenfeld, Mohammadreza Eyni, Sara Khaki, and Judith Helfand att...
04/12/2025
Coronal mass ejections caused by eruptions on the surface of the sun can have fa...
04/12/2025
Gracenote Content Connect enables media ecosystem to precisely align ad campaigns and programming based on rich content signals
NEW YORK - December 4, 2025 - N...
04/12/2025
Lightware, a global specialist in AV connectivity, is looking back on a year defined by new advancements, strong collaboration and continued growth. Across the ...
04/12/2025
Riedel Communications today announced a new partnership with Haivision, a leading global provider of mission-critical, real-time video networking and visual col...
04/12/2025
Harmonic (NASDAQ: HLIT) and Normann Engineering today announced a major milestone in their strategic collaboration, celebrating 20 successful broadband deployme...
04/12/2025
Creative software developer Foundry today announced Mari 7.5, the latest iteration of its artist-friendly paint toolset that can handle large, detailed assets w...
04/12/2025
Professional Wireless Systems (PWS), a leading provider of wireless audio solutions and RF management, was on site at Dreamforce 2025 in San Francisco providing...
04/12/2025
LTN's purpose-built IP video network brings all-movie diginet to over 100 stations and streaming platforms in just three months while eliminating satellite ...
04/12/2025
Bitmovin, the leading provider of video streaming solutions, today announced a strategic partnership with ThinkAnalytics, the global leader in AI-powered data a...
04/12/2025
The HELM, a global expert in cinematic live broadcast and high-end production workflows, has signed a partnership agreement with Keslow Camera, one of North Ame...
04/12/2025
At ISE 2026, LiveU will showcase its expanded IP-video EcoSystem, enabling broadcasters, sports, production companies and pro-AV professionals to share their st...
04/12/2025
Since the beginning of commercial television, advertising has been a key part of broadcasting. Over the years, the technology for inserting ads into programs ha...
04/12/2025
MUNICH and MILAN Warner Bros. Discovery said HBO Max is expanding into Germany, Italy, Austria, Switzerland, Luxembourg and Liechtenstein on Jan. 13, 2026, and ...
Experienced 40-year-old VC firm investing from new $1.8 billion fund dedicated to backing market leading later-stage growth companies
