
Most winters, the world's top surfers flock to Mavericks Beach, just south of San Francisco, in search of opportunities to ride waves cresting at over 60 feet. In a way, that's what our investment climate feels like right now. Just like Mavericks lures more big wave surfers every year, growth investing continues to attract greater interest and capital. Amidst this storm, the number and magnitude of opportunities for IVP have grown significantly. Our focus on backing the top growth-stage entrepreneurs for more than two decades puts us in a strong competitive position and we expect to benefit from the sustained swell of activity.
2021 has already been one of our busiest years ever. Five of our portfolio companies have listed publicly since we welcomed the new year. Coinbase executed a direct listing on Nasdaq, marking the largest U.S. company opening in exchange history, as well as one of the largest capital markets transactions ever. Hims & Hers went public through a SPAC, an alternative route to exit which has exploded in popularity, while Compass, The Honest Company and UiPath listed publicly through traditional IPOs. Five more IVP portfolio companies are expected to go public by the end of summer. With 120 IPOs to date, we are the most experienced partner to help businesses get ready to become independent, publicly traded companies.
Our Ongoing Quest To Back World-Changing Entrepreneurs
IVP's portfolio companies are led by founders with incredible life stories. Growing up in Berkeley, California, Compass co-founder Robert Reffkin watched his mother, a real estate agent, struggle to grow her business. He vowed to create a technology company that would empower agents to grow their businesses more effectively. UiPath founder Daniel Dines grew up in Bucharest, graduating from high school as the Iron Curtain collapsed. While Romania went through a convulsing transition, Daniel's talents led him to Microsoft. When his entrepreneurial drive hit high gear, Daniel returned to Bucharest to fulfill his dream, launching a company to elevate human potential by automating mundane tasks. When he founded MasterClass, David Rogier took inspiration from his grandmother, who having fled persecution in World War II, imparted upon him that Education is the only thing that a person can't take away from you. In the years since, David and team have built an education platform giving anyone access to the expert advice they didn't know they had longed to learn, and the popularity of the site has exploded through the pandemic. Working with such incredible entrepreneurs fuels our passion to be the best investment partner through challenging and good times.
Globalization, Socialization and Digital Transformation Continue
When IVP was founded over 40 years ago the technology industry was tiny when compared to banking, manufacturing, transportation and utilities. Corporate mainframes filled buildings, but few households owned a computer. The commercial internet didn't exist.
Fast forward to today. Computers, software and the data that they generate have transformed the world. The pandemic accelerated digital transformation across industries, a trend we expect to see for years ahead. While we continue to monitor the health and safety of our coworkers, portfolio and communities, it is clear that, as the end of the pandemic draws near, record innovation will continue.
These changes present opportunities for IVP to partner with visionary entrepreneurs as they target multi-billion-dollar market opportunities for changing how people play (Supercell, Zynga, Niantic), live (Compass), learn and stay healthy (Hims & Hers, MasterClass, Lyra Health, WHOOP), manage finances (Coinbase, Klarna, SoFi, Robinhood, Wise), socialize (Discord, Hopin, Snap), shop (Glossier, Honest) and work in a world transformed by software (HashiCorp, LegalZoom, Slack, UiPath). Across each category, we see rich opportunities to invest in innovative front-end applications as well as in the fundamental technologies that make those life and business transformations possible.
Entrepreneurs come to IVP seeking unique expertise to help build their company at the growth stage, and startups are getting to that phase much more quickly. In working with IVP, founders and CEOs benefit from our experience helping companies build their teams and recruit exceptional executives, scale their operations, strengthen their culture, refine business strategies and prepare for life as a public company.
Strong Team of Hypergrowth Experts Ready for the Next Wave
Today we are the stewards of $8.7 billion in committed capital after the recent close of IVP XVII, a $1.8 billion later-stage fund. We're off to a strong start with six investments including Aledade, Papaya Global, Productiv and Veriff. Our newest portfolio companies span locations from Tallinn to Tel Aviv, Boston to Palo Alto, highlighting the global nature of technology today.
We work hard to maintain our reputation as one of the industry's top growth-stage firms by promoting from within and attracting top talent. Most recently we added Cack Wilhelm as Partner, who led our investments in CircleCI and Papaya Global. Former Dropbox CFO Ajay Vashee joined as General Partner, bringing deep operational and financial experience. We promoted Tom Loverro to General Partner and Alex Lim to Partner. Tom is working actively with companies like Coinbase, Attentive and HashiCorp and Alex is actively involved in our investments in industry-defining companies like Discord, Hopin and UiPath. We will continue to develop our team's deep operational and capital markets expertise for the benefit of current and future portfolio companies. With over 150 years of collective experience, IVP's team remains the investment partner of choice for the most successful technology companies as
North America Stories
13/11/2025
Versant Announces USA Sports as New Brand for Sports PortfolioBy SVG Staff
Thursday, November 13, 2025 - 6:15 am
Print This Story | Subscribe
Story Highli...
13/11/2025
SVG Campus Shot Callers: Mike Szlamowicz, Assistant Athletics Director, Sport an...
13/11/2025
REMI Realities: Finding Success in Switching, Replay, Graphics, Commentary, and ...
13/11/2025
SVG Sit-Down: E1's Laurence Boyd Shares the Tech Challenges of the 2025 Race...
13/11/2025
Versant's USA Sports Inks Five-Year Rights Deal With New Pac-12 ConferencePac-12 Enterprises will produce all USA Network games in partnership with USA Spor...
13/11/2025
NBCU To Launch New NBC Sports Network on Nov. 17By SVG Staff
Thursday, November 13, 2025 - 10:40 am
Print This Story | Subscribe
Story Highlights
NBCUniv...
13/11/2025
2025 Sports Broadcasting Hall of Fame: Glenn Adamo, Artist of StorytellingBy Ken Kerschbaumer, Editorial Director
Thursday, November 13, 2025 - 11:29 am
Pri...
13/11/2025
(L-R) Jessica Hargrave, Tig Notaro, Stef Willen, Ryan White, Megan Falley, and A...
13/11/2025
By Roni Jo Draper
My father was born and raised in the Yurok village of Weitpus, in what is now considered Northern California. There at the fork of the Klamat...
13/11/2025
NASA and L3Harris conducted a full-duration RS-25 hot fire test Nov. 12 on the Fred Haise Test Stand at Stennis Space Center near Bay St. Louis, Mississippi, ma...
13/11/2025
A groundbreaking new study by the BBC and the European Broadcasting Union (EBU) has found serious problems with news summaries generated by AI assistants....
13/11/2025
NASHVILLE, Tenn. Field & Stream and Outdoor America have formed a strategic partnership to launch Field & Stream TV, rebranding Outdoor America's free ad-su...
13/11/2025
PHOENIX, Ariz. Silicondust has announced it is now an ATSC 3.0 Certificate Authority for NextGen TV and said that it is offering an Online Certificate Status Pr...
13/11/2025
NEW YORK Nielsen has announced that Peter Naylor, an ad sales executive who has worked at some of the largest media companies in the world, will be its first ch...
13/11/2025
PHILADELPHIA After more than 20 years at CBS Philadelphia and an award-winning career spanning nearly four decades, Jim Donovan, anchor of CBS News Philadelphia...
13/11/2025
BOSTON Frontline, PBS's investigative documentary series produced at GBH in Boston, has announced the newest class of partners for its Local Journalism Init...
13/11/2025
A groundbreaking new study by the BBC and the European Broadcasting Union (EBU) has found serious problems with news summaries generated by AI assistants....
13/11/2025
Black Friday Sale: Save Up to 25% on All Ivory 3 Products!*
From November 13th through December 1st, enjoy our biggest savings of the year on Ivory 3 Products!...
13/11/2025
Back to All News
Netflix Starts Production of the Fourth Season of Death Inc.
Entertainment
13 November 2025
GlobalSpain
Link copied to clipboard
The four...
13/11/2025
Back to All News
Action, Comedy, and Chaos Return in Mission: Cross 2' as ...
13/11/2025
Back to All News
Made in California: Los Angeles Feels the Love in Nobody Want...
13/11/2025
LinkedIn Introduces New AI-Powered People Search Experience to Premium Subscribers in the U.S. Published on Nov 13, 2025 Categories: Product News
LinkedIn...
13/11/2025
Chaos has entered the chat. It's GFN Thursday, and things are getting intense with the launch of Call of Duty: Black Ops 7, streaming at launch this week on...
12/11/2025
SVG TranSPORT 2025: All Sessions Now Available to Watch on SVG PLAYEvent addressed the latest in live sports video contribution and distribution technologyBy SV...
12/11/2025
L-R: Ed Harris, Gyula Gazdag
Inaugural Robert Redford Luminary Award to Honor E...
12/11/2025
By Bailey Pennick
One of the most exciting things about the Sundance Film Festi...
12/11/2025
ALAMEDA, Calif. Clear-Com says its communications gear was recently deployed for the ADAC RAVENOL 24h Race at Germany's N rburgring circuit, which set a rec...
12/11/2025
BRUSSELS Mediagenix has announced that it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program (ISV). This acceptance f...
12/11/2025
HUELVA, Spain Alfalite, Europe's only LED screen manufacturer, has announced a strategic partnership with Adistec Corp, a leading distributor of infrastruct...
12/11/2025
MONTREAL Stingray Group Inc. has announced that it has entered into a definitive agreement to acquire TuneIn Holdings, Inc. ( 'TuneIn''), a pioneer ...
12/11/2025
Vubiquity, an Amdocs company and global leader in technology-led media services, today announced it has achieved the Amazon Web Services (AWS) Media & Entertain...
12/11/2025
NEW YORK and WASHINGTON DirecTV Advertising has launched DirecTV Elect, a new digital platform powered by AI that is specifically designed for political adverti...
12/11/2025
WASHINGTON Federal Communications Commission Chair Brendan Carr has weighed in on the blackout of ABC, ESPN and other Disney programming on YouTube TV with a po...
12/11/2025
Success in today's rapidly evolving media environment depends on the ability to seamlessly manage advertising across both linear and digital platforms. For ...
12/11/2025
Back to All News
The Trailer and Poster for Sicily Express, the New Holiday Min...
12/11/2025
Back to All News
The Accident 2 Welcomes B rbara de Regil to the Cast and Premi...
12/11/2025
In the age of AI reasoning, training smarter, more capable models is critical to scaling intelligence. Delivering the massive performance to meet this new age r...
12/11/2025
Large language model (LLM)-based AI assistants are powerful productivity tools, but without the right context and information, they can struggle to provide nuan...
11/11/2025
SVG Sit-Down: How Pixellot's Automated-Production-Tech Stack Is Evolving in ...
11/11/2025
Introducing SVG's New Platinum White Papers' PlatformTop technology providers detail how they are innovating in sports productionBy SVG Staff
Tuesday...
11/11/2025
SVG All-Stars: Vanessa Lindsey, Senior Director, Technical and Remote Operations...
11/11/2025
Lesson Plan: How Big Ten Network's StudentU Produces Broadcast Pros - and 2,...
11/11/2025
Peacock Performance View Feature Now Available for All NBA Games on PeacockBy Jason Dachman, Editorial Director, U.S.
Tuesday, November 11, 2025 - 2:10 pm
P...
11/11/2025
Rural connectivity rising fast
Traditional media still matters
Rural Filipinos...
11/11/2025
Wohler has said it has added three Secure Reliable Transport (SRT) connections to its new iVAM2-MPEG monitor....
11/11/2025
OpenDrives, Inc., a leader in software-defined data storage and data services, recently hosted an exclusive event in Los Angeles to celebrate the soft launch of...
11/11/2025
NAKIVO Inc., a fast-growing software company specialising in data protection and disaster recovery solutions for virtual, physical, cloud, and SaaS environments...
11/11/2025
Amagi, a cloud-based SaaS technology solutions provider for broadcast and streaming TV, today announced that Kogan Australia, one of the country's leading e...
11/11/2025
The Romanian Radio Broadcasting Company (SRR) has commissioned a new state-of-the-art radio production and broadcast facility centred on a DHD RX2 and TX2 conso...
11/11/2025
Alfalite, Europe's only LED screen manufacturer, has announced a strategic partnership with Adistec Corp, a leading value-added distributor of infrastructur...