Menlo Park, CA - December 12, 2019 - During 2019, IVP announced six new investments, had five IPOs, and two significant M&A transactions. The firm reached a milestone of 113 portfolio company IPOs with CrowdStrike, Datadog, Oportun, Slack, and Uber entering the public markets. In addition, portfolio exit highlights include the acquisitions of Looker and Mindbody. Throughout the year, IVP's portfolio companies raised over $3 billion in follow-on financings.
With $7 billion in committed capital, IVP is currently investing IVP XVI, a $1.5 billion later-stage venture capital and growth equity fund. As an investor in innovative companies such as AppDynamics, Coinbase, Compass, CrowdStrike, Datadog, Dropbox, GitHub, Glossier, Grammarly, HashiCorp, LegalZoom, Mindbody, MuleSoft, Personal Capital, Rubrik, Slack, Snap, Supercell, Twitter, UiPath, and ZipRecruiter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams.
IPOs in 2019:
Oportun (OPRT), a mission-driven Community Development Financial Institution providing inclusive, affordable financial services, went public in September. IVP made its initial investment in February 2013. Oportun was the 113th company from IVP's portfolio to go public.
Datadog (DDOG), the monitoring and analytics platform for developers, IT operations teams, and business users in the cloud age, went public in September. IVP made its initial investment in March 2018.
Slack (WORK), a provider of a messaging platform for teams, went public via a direct listing in June. IVP made its initial investment in April 2015.
CrowdStrike (CRWD), a provider of cloud-native endpoint protection platform, went public in June, marking the biggest cybersecurity IPO of all time. IVP made its initial investment in June 2018.
Uber (UBER), one of the world's largest platforms for digital transportation within the sharing economy, went public in May. IVP made its initial investment in February 2015.
Significant M&A Exits in 2019:
Looker, a unified platform for business intelligence, data applications, and embedded analytics, announced the acquisition by Google for $2.6 billion in June. IVP made its initial investment in June 2017.
MINDBODY, the leading technology platform for the fitness, beauty, and wellness services industries, was taken private for $1.9 billion in February. MINDBODY debuted on the NASDAQ under the ticker symbol MB in June of 2015. IVP made its initial investment in October 2012.
New Investments Announced in 2019:
Attentive, a personalized mobile messaging SaaS platform for brands
Eightfold.ai, the creator of the first Talent Intelligence platform
Harness, the industry's first Continuous Delivery-as-a-Service platform
Nextdoor, the world's largest social network for the neighborhood
Niantic, the leader in mobile augmented reality experiences
Yellowbrick, a leader in next-generation enterprise data warehousing
Selected Follow-On Rounds in 2019:
Brex, the credit card built for scaling business, raised $100 million
Casper, the global sleep company, raised $100 million
Checkr, the provider of modern and compliant background checks, raised $160 million
Expanse, an Internet IT operations management platform, raised $70 million
Glossier, the community-driven, direct-to-consumer beauty company, raised $100 million
Grammarly, the company behind the AI-powered digital writing assistant, raised $90 million
KeepTruckin, the modern fleet management platform, raised $149 million
Klarna, the global disruptor of payments with smooth retail services, raised $460 million
Lime, a micromobility provider, raised $310 million
Rubrik, the Cloud Data Management company, raised $261 million
Sauce Labs, a provider of continuous testing cloud, raised $50 million
SoFi, a mobile-first personal finance company, raised $500 million
Sumo Logic, the continuous intelligence platform for DevSecOps, raised $110 million
Tala, the financial technology company in emerging markets, raised $110 million
UiPath, the Robotic Process Automation (RPA) software company, raised $568 million
Industry Recognition
In 2019, Jules Maltz and Dennis Phelps were named to the prestigious Forbes Midas List of 100 Best Venture Capitalists. Dennis has been on the Midas List four times before and Jules was on the Midas List for the second consecutive time. In conjunction with the Midas List, Forbes publishes a Brink List of investors who have not yet joined the Midas ranks but who have been making a name for themselves in the venture capital industry and we are excited to have Tom Loverro part of the 2019 class of Brink List investors.
In addition, Todd Chaffee, Somesh Dash, and Eric Liaw were named to The New York Times and CB Insights List of the Top 100 Venture Capitalists. Silicon India named Somesh Dash to the Top 20 Indian Venture Capitalists in U.S. List. Todd Chaffee and Jules Maltz were named to the Valuer Top 100 Venture Capitalists in the USA List. Also, Business Insider recognized Louisa Xu among the Venture Capital's 25 Rising Stars in Silicon Valley.
IVP has 20 investors focused on identifying later-stage growth companies in the consumer and enterprise sectors. IVP is one of the top performing firms in the venture capital industry, typically serving as a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.
Promotions and New Hires
Throughout its history, IVP has helped hundreds of businesses scale and achieve long-term value. The IVP partnership works together closely with a consistent focus on later-stage investing.
IVP's success in 2019 coincided with several important promotions and new hires during the year. Tom Loverro was promoted to General Partner, recognizing his contributions to IVP and highlight
North America Stories
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
Marshall Electronics Showcases New Feature-Rich CV320 and CV520 IP and 3G-SDI PO...
27/03/2026
Sony Electronics Inc. Elevates Professional Video Workflows with Powerful Update...
27/03/2026
GatesAir Extends AirWatch365 Managed Service with Edge Gateway Site Appliance
Brie Clayton March 27, 2026
0 Comments
NAB marks global launch of servic...
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
27/03/2026
At NAB Show 2026, Net Insight will showcase the next evolution of Nimbra Edge, its orchestration and control layer designed to manage live media services across...
27/03/2026
Harmonic (NASDAQ: HLIT) today announced powerful new innovations that further elevate the company's sports streaming solution. The advanced capabilities enh...
27/03/2026
Bitmovin, the leading provider of video streaming solutions, today announced significant new capabilities for Player Web X, its next-generation web video player...
27/03/2026
Riedel Communications today announced that Czech-based production company CS live has equipped its newest outside broadcast (OB) van with an integrated Riedel i...
27/03/2026
130 Industry Experts Confirmed as Show Celebrates its 10th Anniversary
MPTS, the UK's largest and most influential event for the media, production and tech...
27/03/2026
Grass Valley today announced the successful completion of a major live production deployment with NVP, a leading European media company specializing in live spo...
27/03/2026
Showcases resilient solutions for satellite-to-IP migration, REMI and hybrid live production
Appear ASA (Appear, OSE:APR), a global leader in live production t...
27/03/2026
San Francisco, California, March 2026 - Microsoft Ignite, a major annual conference hosted by Microsoft for developers, IT professionals, partners and business ...
27/03/2026
Clear-Com is proud to highlight its support for worship teams through professional communication solutions, with the deployment of its EQUIP wireless system a...
27/03/2026
Orban Collaborates with Sage on Virtualized EAS Technology Demo
Brie Clayton March 26, 2026
0 Comments
Sage Alerting Systems (SAS), in cooperation wit...
27/03/2026
Berklee Alums Bring GIANT to Broadway Brian and Dayna Lee BM '13 met and fell in love at Berklee, and now their production companys first Broadway debut i...
26/03/2026
Extron and Audio-Technica have announced that their Design Solutions devices, Ce...
26/03/2026
SPORTEL Asia took place March 24-25 at the Orchard Hotel Singapore, drawing 370 participants representing more than 220 companies from 35 countries. Approximate...
26/03/2026
LTN will demonstrate satellite-to-IP migration solutions for broadcasters, cable networks, MVPDs, and station groups at NAB Show 2026 (Booth W2100).
The C-Ban...
26/03/2026
The Seattle Mariners have partnered with Daktronics to install an upgraded outfi...
26/03/2026
The Esports Foundation (EF) has awarded National Team Partner status to organizations and individuals across more than 100 countries and territories for the Esp...
26/03/2026
Telestream has announced expanded integration between its Vantage workflow platf...
26/03/2026
FOR-A Corporation has announced a partnership with Nippon TV and NVIDIA to distr...
26/03/2026
CBS Sports and the WNBA have expanded their partnership through a new long-term, multiplatform rights agreement. CBS Sports will feature up to 20 regular-season...
26/03/2026
Zac Brown Band will star in the Sunday Night Baseball show open on NBC and Peacock, NBC Sports announced. The open was filmed at American Family Field, home of ...
26/03/2026
Major League Baseball opens the 2026 season with nationally televised games across multiple media partners. Fans can visit MLB.com/Watch for a complete schedule...
26/03/2026
DIRECTV has announced an agreement to carry nine new MLB-operated team channels, covering the Cincinnati Reds, Detroit Tigers (Detroit SportsNet), Kansas City R...
26/03/2026
Nationals.TV, the Washington Nationals' local broadcast channel, is now avai...
26/03/2026
Starting Thursday, March 26, MLB.TV will be available on the ESPN App, giving fans access to more than 2,000 out-of-market regular season games. Fans can also r...
26/03/2026
By Matt Klein
Hello to everyone reading this - whether you're a current YEP, HPA member, or just YEP-curious. I'm Matt Klein, one of the co-chairs of t...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
28 participating companies, from start-ups to blue-chips, lead the UK Group as part of the GREAT Britain and Northern Ireland presence across all the Halls at N...
26/03/2026
Arkona Unveils BLADE//planner and Major Usability Enhancements at NAB 2026
Brie Clayton March 26, 2026
0 Comments
New graphical configuration tool and...
26/03/2026
Bitfocus showcases complete control at NAB Show 2026
Brie Clayton March 26, 2026
0 Comments
Continuing development drives advances in security, availa...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
26/03/2026
Nevion introduces powerful new Panel Builder to enhance VideoIPath broadcast con...
26/03/2026
2026 Oscar Nominated Films Powered by Blackmagic Design
Brie Clayton March 25, 2026
0 Comments
DaVinci Resolve Studio used on 27 of this year's no...
26/03/2026
Leader to present full suite of advanced Test & Measurement solutions at NAB Sho...
26/03/2026
Boston Conservatory to Present New England and Collegiate Premiere of Groundbrea...
26/03/2026
Back to All News
Have a Wish Worth Dying For? Netflix's First Korean YA Hor...
Menlo Park, CA - December 12, 2019 - During 2019, IVP announced six new investments, had five IPOs, and two significant M&A transactions. The firm reached a milestone of 113 portfolio company IPOs with CrowdStrike, Datadog, Oportun, Slack, and Uber entering the public markets. In addition, portfolio exit highlights include the acquisitions of Looker and Mindbody. Throughout the year, IVP's portfolio companies raised over $3 billion in follow-on financings.
