Sony Pixel Power calrec Sony

IVP: Backing the Next Wave of Exceptional Growth Companies

12/05/2021

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
LINK: https://www.ivp.com/news/blog/ivp-backing-the-next-wave-of-exceptional...
See more stories from ivp

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

01/06/2026

Dolby Sets the New Standard for Premium Entertainment at CES 2026

January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026 Throughout the week, Dolby brings to life the latest innovatio...

02/05/2026

Dalet Flex LTS Delivers Smarter Search, Faster Editing, and an AI-Ready Foundation for Modern Media

Dalet, a leading technology and service provider for media-rich organizations, t...

01/05/2026

NBCUniversal's Peacock to Be First Streamer to Integrate Dolby's Full Suite of Premium Picture and Sound Innovations

January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...

02/04/2026

HBO and NFL Films Announce Hard Knocks: Training Camp with the Seattle Seahawks, Debuting August 11

HBO and NFL Films have announced Hard Knocks: Training Camp with the Seattle Sea...

02/04/2026

NAB 2026: Haivision Unveils Makito ONE Video Transport Platform

Haivision has announced the Makito ONE, a single-blade video encoding and decoding platform, at NAB Show 2026. The platform combines dual-channel video encoding...

02/04/2026

NAB 2026: Telestream Introduces UP.Lens Cloud-Based Multiviewer and Monitoring Service

Telestream has introduced UP.Lens, a cloud-based multiviewer and monitoring serv...

02/04/2026

NAB 2026: MRMC to Showcase Robotic Camera Technology and Mark 60th Anniversary

Mark Roberts Motion Control (MRMC) will exhibit at NAB Show 2026 (Booth C5220, April 19-22, Las Vegas Convention Center), marking the company's 60th anniver...

02/04/2026

NAB 2026: Net Insight Introduces Programmable Trust Boundaries for Live Media Interconnection

Net Insight has introduced programmable Trust Boundaries, a feature integrated i...

02/04/2026

NAB 2026: Bitmovin Adds SGAI Support to Playback Products

Bitmovin has announced support for SGAI (Server-Guided Ad Insertion) in its playback products, using HLS interstitials. SGAI combines elements of client-side an...

02/04/2026

Binghamton University Athletics Adds Riedel SimplyLive RiMotion R12 for Student-Run Productions

Riedel Communications' SimplyLive RiMotion R12 replay system is supporting B...

02/04/2026

NAB 2026: LTN and Ateme Announce Integration of Video Processing with IP Transport

LTN, a managed IP video transport company, and Ateme, a video compression and de...

02/04/2026

TDF Expands Channel Capacity on Terrestrial Broadcast Network with Harmonic

Harmonic has announced that TDF, a broadcast infrastructure operator in France, has deployed Harmonic's XOS Advanced Media Processor and ProStream X Video S...

02/04/2026

United Rugby Championship Reports First-Year Results with Eluvio Streaming Platform

Eluvio and the United Rugby Championship (URC) have announced first-year results...

02/04/2026

Kansas City Current and Scripps Sports Announce ION as Broadcast Home of 2026 Teal Rising Cup

The Kansas City Current and Scripps Sports have announced that ION will broadcas...

02/04/2026

ESPN Announces Courtside Alt-Cast for Women's Final Four

ESPN will debut Courtside at the Women's Final Four Presented by AT&T, an alt-cast airing Friday, April 3 at 7 p.m. and 9:30 p.m. ET on ESPN2, and Sunday, A...

02/04/2026

PAMA and Shure Accept Applications for 6th Annual Mark Brunner Professional Audio Scholarship

The Professional Audio Manufacturers Alliance (PAMA) and Shure Incorporated are ...

02/04/2026

ESPN's MegaCast Coverage of 2026 NCAA Women's Final Four Begins Friday, April 3 in Phoenix

ESPN's MegaCast Coverage of 2026 NCAA Women's Final Four Begins Friday, ...

02/04/2026

DAZN Launches Playmakers Creator Program

DAZN has announced the launch of DAZN Playmakers, a global influencer program designed to build a network of sports content creators. The programme will give cr...

02/04/2026

NFL Network Unveils New Production Ops Leadership Structure as ESPN Takes Over

Tony Cole, Jessica Lee shift into new roles reporting to ESPN SVP/Content Operations Chris Calcinari....

02/04/2026

TNT Sports and CBS Sports to Reunite Michigan's Iconic Fab Five for Special NCAA Men's Final Four Altcast on truTV & HBO Max

Michigan's Fab Five will reunite for an alternate presentation of the Mich...

02/04/2026

Coming of Age: ESPN and NHL's Inside Out Classic Marks Another Step Forward for the Animated Alternative Broadcast

Real-time tracking, virtual production, and Pixar storytelling converge for Apri...

02/04/2026

Streaming Around the Moon: NASA+ Goes Live From Historic Artemis II Mission

NASA's long-awaited Artemis II mission has launched four astronauts on a 10-day journey around the moon, marking the first manned launch toward the moon sin...

02/04/2026

Release Rundown: What to Watch in April, From Bunnylovr to Omaha

(L-R) Molly Belle Wright, Wyatt Solis, and John Magaro appear in Omaha by Cole Webley, an official selection of the 2025 Sundance Film Festival. (Photo courte...

02/04/2026

VEMIA Auction incoming

4 - 11 April 2026 VEMIA's latest gear auction is just around the corner, and there's already a wealth of sought-after instruments and studio gear li...

02/04/2026

Universal Audio's Voice Of God now native

Little Labs emulation now available to all The latest Universal Audio plug-in to become available outside of the company's DSP-powered UAD2 platform has...

02/04/2026

SBS Welcomes Back Cup Fever! For The Biggest FIFA World Cup Ever

SBS Welcomes Back Cup Fever! For The Biggest FIFA World Cup Ever 2 April, 2026 Media releases Santo Cilauro, Ed Kavalee and a host of special guests retur...

02/04/2026

Truth. Power. Perspective: NITV's Flagship Current Affairs Programs Return to Lead the National Conversation

Truth. Power. Perspective: NITV's Flagship Current Affairs Programs Return t...

02/04/2026

L3Harris Powers First Crewed Mission Around the Moon in 50 Years

L3Harris has successfully powered the historic launch of the Artemis II mission, providing propulsion and avionics....

02/04/2026

Scripps Completes Sale of WRTV to Circle City Broadcasting

Share Copy link Facebook X Linkedin Bluesky Email...

02/04/2026

GoVertical! AiDi Powers Real-Time 9:16 Autocropping for I...

Already deployed extensively by NBC Sports, FOR-A Corporation will demonstrate GoVertical! AiDi, the real-time 9:16 autocropping feature of viztrick AiDi, durin...

02/04/2026

Elite Media Technologies Selects Interra Systems BATON Fi...

Interra Systems, a provider of end-to-end quality assurance solutions for the digital media industry, announced that Elite Media Technologies has selected its B...

02/04/2026

TDF Expands Broadcast Channel Lineup with Harmonic

Harmonic's Media Processing Solutions Maximize Bandwidth Efficiency for Terrestrial Broadcast Delivery Harmonic (NASDAQ: HLIT) today announced that TDF, a...

02/04/2026

FOR-A's Software-Defined, AI-Powered Development Advances...

NBC Sports Deploys viztrick AiDi to Stream Live Events in 9:16 Mobile-First Formats with Auto Tracking, Development Signals Strategic Shift for FOR-A Long reco...

02/04/2026

Evergent showcases innovations in sports streaming and mo...

Evergent will showcase new innovations in subscriber lifecycle management and monetization at NAB Show 2026 (Las Vegas, April 18 22), including: New advances i...

02/04/2026

Binghamton University Strengthens Student Run Productions...

Riedel Communications is proud to be part of Binghamton University, State University of New York, Athletics' milestone year, celebrating the university'...

02/04/2026

Techex and Encompass Launch Industry-Leading Cloud-Based...

Encompass Digital Media and Techex have today announced new, fully managed, cloud-native Master Control services designed to meet the growing operational demand...

02/04/2026

Winning in the new media economy - Avid debuts fully avai...

Avid today announced it will showcase new innovations designed to help media companies win in the new media economy at NAB Show 2026 (April 18 22, Las Vegas Co...

02/04/2026

PlayBox Neo reinforces MIMO Tech with new Playout capabil...

PlayBox Neo helps AIS PLAY kick-off premier football content direct to fans PlayBox Neo has provided MIMO Tech with a brand-new major installation to extend it...

02/04/2026

Globo transitions primary distribution to SRT over IP wit...

Globo has transitioned its primary content distribution to Secure Reliable Transport over a fully IP-based managed backbone using Synamedia's Quortex PowerV...

02/04/2026

Nexstar Says Pausing Tegna Merger Creates 'Impossible' Challenges

Share Copy link Facebook X Linkedin Bluesky Email...

02/04/2026

FCC Launches Efforts to Strengthen U.S. Drone Ecosystem

Share Copy link Facebook X Linkedin Bluesky Email...

02/04/2026

WAPA+ to Launch on Dish, DishLatino, Sling TV and Sling Freestream

Share Copy link Facebook X Linkedin Bluesky Email...

02/04/2026

Student Spotlight: Al-Fadl Salem

Student Spotlight: Al-Fadl Salem The Danish singer recently performed for the queen of Denmark. April 1, 2026 By Editorial Staff Image by Junia Morrow Wh...

02/04/2026

Taku Hirano's Career Is Defined by Identity

Taku Hirano's Career Is Defined by Identity Whether he's performing, composing, teaching, or developing instruments, the do-it-all percussionist sees ...

02/04/2026

Netflix Unveils Official Trailer for 'The Trials of Winnie Mandela'

Back to All News Netflix Unveils Official Trailer for The Trials of Winnie Mandela Entertainment 02 April 2026 GlobalSouth Africa Link copied to clipboard ...

02/04/2026

Netflix Announces Start of Production and New Cast for Second Season of 'Football Parents'

Back to All News Netflix Announces Start of Production and New Cast for Second ...

02/04/2026

The Trailer for 'Ronaldinho: The One and Only' Features Never-Before-Seen Interviews and Defining Moments From the Star's Career

Back to All News The Trailer for Ronaldinho: The One and Only Features Never-Be...

02/04/2026

Red Seat Ventures Launches Speakeasy, a New Hosting, Distribution and Monetization Platform Built for the Next Generation of Creator Media

Red Seat Ventures Launches Speakeasy, a New Hosting, Distribution and Monetizati...

02/04/2026

GoVertical! AiDi Powers Real-Time 9:16 Autocropping for Immediate Streaming to Mobile Devices

GoVertical! AiDi Powers Real-Time 9:16 Autocropping for Immediate Streaming to M...