Sony Pixel Power calrec Sony

Hypergrowth Standout Companies Name IVP as Their Top Later-Stage Partner

12/05/2021

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.
LINK: https://www.ivp.com/news/press-release/hypergrowth-standout-companies-...
See more stories from ivp

Most recent headlines

13/06/2021

Paige Harrison Named Hearst TV VP of News

Paige Harrison, WCVB Boston news director, has been named VP of news at Hearst Television. She begins July 1 and relocates to company headquarters in New York. ...

13/06/2021

National CineMedia Promotes Scott Felenstein as Cliff Marks Retires

National CineMedia announced that its president Cliff Marks will retire, effective July 1, and that Scott Felenstein has been named president, sales, marketing ...

13/06/2021

Series Business: Valerie Armstrong on Kevin Can F**k Himself, a Dark Comedy From AMC

Series Business is a new podcast from Broadcasting + Cable and Multichannel News...

13/06/2021

Shark Week' Starts on Discovery July 11

Shark Week starts on Discovery July 11 and runs through July 18. It is the 33rd year of the shark celebration. With Discovery Plus pitching in, Discovery promis...

13/06/2021

Ben Silverman To Speak at NATPE Podcast Event

Ben Silverman, Propagate chairman and co-CEO, will deliver the opening address at NATPE Virtual: ContentCast--The Business of Podcasting Content July 14. Joinin...

13/06/2021

Ion Adding Chicago Fire' to Lineup Starting June 15

Ion Television, freshening its programming, has made a deal with NBCUniversal Global Distribution to add Chicago Fire to its lineup....

13/06/2021

Trolling Nielsen, Comscore Says Its Local Data Has Been Consistent

Comscore, taking another swipe at ratings rival Nielsen, said its local-market data shows that during the pandemic, TV usage climbed starting last March, then d...

13/06/2021

Betty' Season Two on HBO June 11

Skate comedy Betty starts on HBO June 11. Based on Crystal Moselle's movie Skate Kitchen, Betty follows five young women learning about themselves amidst Ne...

13/06/2021

Primetime Ratings Thursday: Fox on Top With Shazam'

Fox won the Thursday ratings battle, with Beat Shazam leading the way. On a weak night for Nielsens, Fox posted a 0.4 in viewers 18-49, per the Nielsen overnigh...

12/06/2021

Lovers Spark Behind Blast That Killed Husband?

Back to All News Lovers Spark Behind Blast That Killed Husband?Play Video Play Video Entertainment 11 June 2021 GlobalIndia From Exfoliation to Explosion:...

12/06/2021

Berklees 160 Massachusetts Avenue Building Named to Honor President Roger H. Brown

Berklees 160 Massachusetts Avenue Building Named to Honor President Roger H. Bro...

12/06/2021

AEC484 Shio

AEC 484 Shio Date Released:09 Jun 2021 Share Tweet 9 Astro AEC 484 ...

12/06/2021

Amazon wins rights to Ligue 1, sparks Canal Plus protest

Canal Plus has refused to broadcast the two matches a week it has been awarded, stating the deal is detrimental to the leagues historic partners By Jenny Pries...

12/06/2021

Francis Kenny, ASC Keeps Action High with Help of Bolt 4K Max

Francis Kenny, ASC Keeps Action High with Help of Bolt 4K Max data-src=https://creativecow.net/wp-content/uploads/avatars/263018/5fa08c562aaf4-bpthumb.jpg.....

11/06/2021

NBCU Will Provide Live 4K HDR Coverage of the Tokyo Olympics

STAMFORD, Conn.-In a groundbreaking move for U.S. Olympic coverage, NBCUniversal will be producing and providing 4K, high dynamic range (HDR) feeds with ATMOS s...

11/06/2021

New Sinclair RSN Ops Center Leverages ST 2110 IP Infrastructure, Cloud

ATLANTA-Sinclair Broadcast Group has expanded its sports production and delivery capabilities with the launch of a new 25,000-square-foot, SMPTE ST 2110 media o...

11/06/2021

A First: Editing Teams At Olympics Will Generate Both HDR and HD Content

STAMFORD, Conn.-NBC Olympics will be deploying a variety of technologies from Avid for the production of the Tokyo Olympics, including content production and me...

11/06/2021

Streamings Carbon Footprint: 'Very Small' Netflix Funded Study Reports

LONDON-A new white paper published by the Carbon Trust estimates an average carbon footprint one hour of on-demand video streaming in Europe in 2020 is at an i...

11/06/2021

Behind the Mic: Amazon Pursues Al Michaels for Lead NFL Gig; NBC Sports Continues Announcements of On-Air Talent for Olympics

Behind the Mic: Amazon Pursues Al Michaels for Lead NFL Gig; NBC Sports Continue...

11/06/2021

SVG SportsTech On Demand: Media Links' Tom Canavan Highlights Details of Company's Professional Services Team

SVG SportsTech On Demand: Media Links' Tom Canavan Highlights Details of Com...

11/06/2021

Je ne sais quoi: Fdration Franaise de Tennis and HBS Bring Game, Set and Match to Roland Garros in First Year of Partnership

Je ne sais quoi: F d ration Fran aise de Tennis and HBS bring game, set and matc...

11/06/2021

UEFA Euro 2020: The Host Broadcast Facts and Figures for the TV Coverage of Europe's Biggest Football Show

UEFA Euro 2020: The host broadcast facts and figures for the TV coverage of Euro...

11/06/2021

Fox Sports' Westminster Kennel Dog Show Production Moves Outdoors; 1080p HDR on Tap for Third Year

Fox Sports' Westminster Kennel Dog Show Production Moves Outdoors; 1080p HDR...

11/06/2021

NBC To Present Tokyo Olympics Primetime Show in 4K HDR for the First Time

NBC To Present Tokyo Olympics Primetime Show in 4K HDR for the First Time By SVG Staff Friday, June 11, 2021 - 10:37 am Print This Story | Subscribe Sto...

11/06/2021

CBS Sports Hits the Road With F&F for Superstar Racing Experience Production

CBS Sports Hits the Road With F&F for Superstar Racing Experience Production Short tracks are the focus of attention in the six-week series By Ken Kerschbaumer...

11/06/2021

ShareBrowser Media Asset Manager's DaVinci Resolve Plugin

alt=ShareBrowser plugin for DaVinci Resolve class=wp-image-10483 data-lazy-src=/wp-content/uploads/2021/06/ShareBrowser_DaVinci_Resolve_Plugin_1.jpg/> Blackmagi...

11/06/2021

Spotify Invites Fans to the K-pop Playground With a New Enhanced Album From TWICE

It's no secret that K-pop is taking the world by storm, and when it comes to...

11/06/2021

Sky Sports to deliver more boxing than ever before as part of a new chapter for the sport

Two new partnerships will see Top Rank and BOXXER fights on Sky Sports until 202...

11/06/2021

ESSENTIAL MAINTENANCE OF RT LONGWAVE TRANSMITTER

KEEP LISTENING TO RT | WWW.RTE.IE/KEEPLISTENING RT will carry out essential maintenance of the Long Wave (LW) transmitter in Clarkstown, Co. Meath from 15th...

11/06/2021

NVIDIA to Acquire DeepMap, Enhancing Mapping Solutions for the AV Industry

It's time for autonomous vehicle developers to blaze new trails. NVIDIA has agreed to acquire DeepMap, a startup dedicated to building high-definition map...

11/06/2021

To Infinity, and Beyond: Ohio State University Builds AV Cybersecurity Platform for Long-Term Research on NVIDIA DRIVE

Researchers at The Ohio State University are aiming to take autonomous driving t...

11/06/2021

Nokia modernizes Subisu's optical network for high-speed broadband across Nepal

Nokia modernizes Subisu's optical network for high-speed broadband across Ne...

11/06/2021

The True Climate Impact of Streaming

Back to All News The True Climate Impact of Streaming Emma Stewart, Ph.D. Netflix Sustainability Officer Daniel Schien, Ph.D. Associate Professor of Comput...

11/06/2021

Liza Koshy, Joel Courtney And Augustus Prew Join The Cast Of Players

Back to All News Liza Koshy, Joel Courtney And Augustus Prew Join The Cast Of Players Entertainment 11 June 2021 GlobalUnited States Cast: Liza Koshy (W...

11/06/2021

Geeked Week Wrap-Up: The Must-See Moments You May Have Missed

Back to All News Geeked Week Wrap-Up: The Must-See Moments You May Have Missed @NetflixGeeked Entertainment 11 June 2021 Global Geeked Week may be over, ...

11/06/2021

Geeked Week Day 5 Recap: All the News and Sneak Peeks

Back to All News Geeked Week Day 5 Recap: All the News and Sneak Peeks @NetflixGeeked Entertainment 11 June 2021 Global It's game on at Geeked Week. T...

11/06/2021

Channel Partner Spotlight: Rerate Limited

Rerate Limited is a USA-based supplier of equipment, systems and services for various communications markets. Major markets served include Broadcast, Fixed and ...

11/06/2021

Press release: US can address pressing broadband needs with proposed infrastructure funds, report shows

Press release: US can address pressing broadband needs with proposed infrastruct...

11/06/2021

Cisco and Evercore ISI Host a Tech Talk on Cisco's Optical Busine

SAN JOSE, Calif., June 10, 2021 -- Cisco will host a webcast with Evercore ISI and Bill Gartner, Senior Vice President and General Manager of Cisco's Optica...

11/06/2021

Celebrate Father's Day with En Appa En Hero' digital contest on ...

Celebrate Father's Day with En Appa En Hero' digital contest on RAAGA Date Released:11 Jun 2021 Share Tweet Participate on Instagram from now un...

11/06/2021

Ross Celebrates Fifteen Years of openGear - Putting Customers First

Ottawa, Canada, June 11th 2021 - Ross recently marked the fifteenth birthday of the openGear platform, created in 2006 and the winner of a Technical Emmy award...

11/06/2021

Make a Splitter for Studio One Artist

One of my favorite Studio One Professional features is the Splitter, and quite a few of my FX Chains use it. If you own Studio One Artist, which doesn't hav...

11/06/2021

DFA docShare presents: Get your Film out There, interactive panel discussion about distribution strategy

DFA invites you to the launch of docSHARE - an interactive learning session wher...

11/06/2021

FotoKem Builds on Creative Services Momentum

FotoKem Builds on Creative Services Momentum data-src=https://creativecow.net/wp-content/uploads/avatars/263018/5fa08c562aaf4-bpthumb.jpg data-srcset=https:...

11/06/2021

A guide to using IP monitoring as a business strategy

A new white paper from TAG Video Systems looks at how broadcaster can ensure agile, real-time monitoring of their streams and signals in an IP environment Spon...

11/06/2021

Belgium's BX1 adopts Dalet's media production platform

Belgian broadcaster is using the platform to underpin its production and distribution infrastructure across news and sports production across its radio and TV s...

11/06/2021

Discovery nets French Open for another five years

In 2021, Eurosport has reported significant year-on-year growth in its audience watching via digital platforms during the first eight days of the Grand Slam eve...

11/06/2021

GB News plans radio station launch

New DAB national station could launch as early as next month By Jenny Priestley Published: June 11, 2021 New DAB national station could launch as early as n...

11/06/2021

Isotropic Systems and SES GS Complete Milestone Trials to Unlock Next-Gen Connectivity for U.S. Military

Successful multi-beam, over-the-air tests in the UK and US advance multi-beam an...

11/06/2021

Jeopardy! Guest Hosts Ratings: Ken Jennings Is Still Tops

CBS Media Ventures's Jeopardy! has had a string of guest hosts this year since the death of Alex Trebek in November....