
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
02/09/2026
Professional and collegiate clubs, leading vendors discuss current trends in stadium production
On. Aug. 12, the 2026 SVG Venues & Teams Summit explored the ev...
02/09/2026
SoFi Stadium, YouTube Theater, and Hollywood Park have completed an infrastructure upgrade expanding game presentation and broadcast production capabilities acr...
02/09/2026
Comcast Technology Solutions (CTS) has announced a suite of AI-powered workflow applications for broadcasters, content owners, and operators, built on its Video...
02/09/2026
The North American Broadcasters Association (NABA) and the Association of Professional Wireless Production Technologies (APWPT) have announced a partnership to ...
02/09/2026
Carolina Hurricanes, Anaheim Ducks, Columbus Blue Jackets, Dallas Stars, Minneso...
02/09/2026
New LED provides enhanced quality control, quicker show prep, detailed productio...
02/09/2026
Six-country survey finds 26% of sports fans frequently unable to determine where...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
KOKKEDAL, DENMARK, SEPTEMBER 1, 2026 DPA Microphones announces its new 6388 CORE Headset Microphone, a high-performance directional headset designed for dema...
02/09/2026
Pliant Technologies will highlight its CrewCom CXD 32CF 32x32 Dante /AES67 Digital Audio Network Interface, a powerful connectivity solution designed to expand ...
02/09/2026
iWedia, a leading provider of software solutions for connected TV devices, today announced two enhancements to Teatro Pulse, its end-to-end TV service operation...
02/09/2026
Signiant, trusted by the media industry for accelerated content movement for more than 20 years, will showcase the latest evolution of the Signiant Platform at ...
02/09/2026
With a contractual agreement to supply a leading UK sports broadcaster with outside broadcast services for 104 football matches per season over the next four ye...
02/09/2026
IBC2026 will put sport firmly at the centre of the global media and entertainment technology conversation with the strongest sports showing in the event's h...
02/09/2026
PTZOptics will bring a hands-on showcase of intelligent video production to IBC2026 (11-14 September, RAI Amsterdam), with demonstrations spanning new camera te...
02/09/2026
OOONA, a global provider of professional management and production tools for the media localization industry, today announced the launch of OOONA Go, a ready-to...
02/09/2026
EON Media will make its European debut at IBC2026 (September 11-14, RAI Amsterdam) in the show's Future Tech Zone (Hall 14.FT5). The company is launching it...
02/09/2026
Frequency, the engine behind many of the worlds leading streaming television channels, will demonstrate at IBC2026 how integrating intelligence throughout chann...
02/09/2026
On-device AI platform gives broadcasters and content creators purpose-built tools for real-time vertical video production and AI-enhanced sports coverage...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
02/09/2026
Next-Generation Freeform Control Surfaces Lay the Foundation for AI-Enabled Media Operations
At IBC2026 (Sept. 11 14, RAI Amsterdam, Stand #1.B73), Imagine Com...
02/09/2026
Friedrichstadt-Palast in Berlin, the world's largest theater stage, has modernized its backstage production infrastructure with a comprehensive Riedel solut...
02/09/2026
Women in Media announces that it will host the two-day Reel/Forward in-person conference devoted to navigating today's production scene. Guests can enjoy pa...
02/09/2026
The expanded partnership brings Teradek's Live Production solutions to New Media AV's European dealer and integrator network, opening new opportunities ...
02/09/2026
QuickLink, a leading provider of award-winning video production and remote guest contribution solutions, announces a major expansion to its award winning Studio...
02/09/2026
BCNEXXT, the developers of the advanced playout platform Vipe, today announced that premium entertainment brand Foxtel has selected Vipe to underpin playout for...
02/09/2026
SubtitleNEXT helps HOT Telecom's subtitling team keep a cool head with reliable QC capabilities
Profuz Digital, global developer of digital media and local...
02/09/2026
Case Study: Mission Digital Strengthens Battery Safety with Safe-ion
As productions become increasingly dependent on battery-powered equipment, the safe storag...
02/09/2026
LA JOLLA, CA-Influenza viruses constantly shapeshift to evade recognition by the immune system. This shapeshifting occurs in critical proteins like hemagglutini...
02/09/2026
LA JOLLA, CA-Clinicians often use a medical test called a 12-lead electrocardiogram (ECG) to diagnose heart problems, which uses electrodes placed on the chest ...
02/09/2026
LA JOLLA, CA-Proteins may look like rigid molecular structures, but inside our c...
02/09/2026
J nger Audio flexAI Adds Autonomous Mixing, 12G-SDI, NDI, and TVU MediaMesh Int...
01/09/2026
Bridge Technologies will announce at IBC2026 (Booth 1.A71) that its VB440 produc...
01/09/2026
DAZN has announced an agreement to acquire EverPass Media, a commercial sports distribution platform serving bars, restaurants, hotels, and other venues in the ...
01/09/2026
The USTA and Kalshi have announced a multi-year partnership making Kalshi the Official Prediction Market Partner of the US Open, beginning with the 2026 US Open...
01/09/2026
MASV will exhibit at IBC2026 (Booth 5.B40, RAI Amsterdam, September 11-14). CTO Majed Alhajry will appear on a panel session, A Tale of Two Feeds: Automation o...
01/09/2026
FingerWorks Telestrators has announced a partnership with Broadcast Rental to ex...
01/09/2026
FOR-A has announced the expansion of viztrick AiDi into two dedicated products: Go Vertical! AiDi and AiDi Sports Hub. Developed by Nippon TV and delivered glob...
01/09/2026
Sony Pictures Television has launched Live TV on PS5, a free ad-supported streaming experience available to PS5 players in the United States. The service is acc...
01/09/2026
Friedrichstadt-Palast in Berlin has installed a Riedel production infrastructure spanning video, intercom, control, and I/O across the venue, implemented in col...