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
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
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...
13/05/2026
New Adobe Premiere Color Grading Mode Accelerated on NVIDIA GPUs
Joel Pennington May 13, 2026
0 Comments
New NVIDIA RTX-accelerated features streamlin...
13/05/2026
Grass Valley announced that dB Broadcast has delivered new IP-based outside broadcast (OB) trucks for Cloudbass, featuring Grass Valley LDX 100 Series cameras a...
13/05/2026
Ikegami will exhibit the latest additions to its wide range of broadcast production cameras, control units, viewfinders and monitors on stand 5D3-1 at Broadcast...
13/05/2026
FISE, working with the founding members of the XR Sports Alliance (XRSA), Accedo, Qualcomm Technologies, Inc. and HBS, have collaborated to develop an immersive...
13/05/2026
Canon Unveils New EOS R6 V Full-Frame EOS Camera and RF20-50mm F4 L IS USM PZ Bu...
13/05/2026
Boston Conservatory at Berklee Honors Beth Morrison and Moses Pendleton at Comme...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Creative software developer Foundry today announced the latest developments on Nuke Stage. A purpose-built application for end-to-end virtual production and in-...
13/05/2026
A definitive portrait of one of Ireland's most influential musicians
New TV documentary airs Monday 18 May on RT One and RT Player at 9.35pm
Watch the...
13/05/2026
Agentic AI is changing the way users get work done. Following the success of OpenClaw, the community is embracing new open source agentic frameworks. The latest...
13/05/2026
Reinforcement-learning agents - AI systems that learn by trial and error - can c...
12/05/2026
Beyond the Hype: A Strategic Post-Hoc Analysis of NAB 2026 If NAB Show 2026 had an underlying theme, it was a quiet, industry-wide pivot from the high-energy sp...
12/05/2026
Guntermann and Drunck (G&D), a Panoptec Technologies Group company, and CT Square, led by Chandresh Shah, have announced a joint venture to distribute G&D and V...
12/05/2026
With 30 days until the start of the FIFA World Cup 2026, Telemundo, the exclusive Spanish-language home of the tournament in the United States, has announced th...
12/05/2026
The NHL has announced the return of Stanley Pup for its third consecutive year, a 90-minute special featuring adoptable rescue dogs competing on a miniature rin...
12/05/2026
NBCUniversal presented its 2026 Upfront to advertisers at Radio City Music Hall, detailing upcoming programming across NBC, Peacock, Bravo, and Versant properti...
12/05/2026
FOX Sports has announced funding for the Fandom and Social Connection Initiative at Harvard Kennedy School's Shorenstein Center on Media, Politics, and Publ...
12/05/2026
TNDV and Live Media, both divisions of Live Media Group, supported live broadcast coverage around NCAA Final Four weekend in Indianapolis, including the March M...
12/05/2026
The European Football Alliance (EFA) has announced a content distribution agreement with Fubo Sports Network, the free ad-supported streaming TV (FAST) channel ...
12/05/2026
For the first time, Spanish-speaking fans in the U.S. will have two separate tel...
12/05/2026
CP Communications led a comprehensive spectrum management initiative on behalf of Churchill Downs during Kentucky Derby week, coordinating RF assets across the ...
12/05/2026
LiveU has announced a strategic partnership with DRONERESPONDERS, a 501(c)3 non-...
12/05/2026
Open Broadcast Systems has announced that BMC TV, a specialist in IP transport of broadcast content, has selected the Open Broadcast Systems 5G Flyaway solution...
12/05/2026
NEP Europe, part of NEP Group, has announced it will deliver broadcast solutions...
12/05/2026
Grass Valley has announced continued collaboration with Ravensbourne University ...
12/05/2026
Stats Perform has announced the launch of Opta Pulse, an AI-assisted video creation and distribution platform for leagues, rights holders, and broadcasters. The...
12/05/2026
FOX Sports has announced a collaboration with Sesame Workshop to integrate Sesame Street characters into FOX Sports' FIFA World Cup 2026 programming. Conten...
12/05/2026
To date, NHL Productions has produced 19 broadcasts with commentary in American Sign Language
NHL in ASL (American Sign Language) may be just one show, but the...
12/05/2026
Google's Brian Albert: creators, athletes, highlights, nostalgia, second-scr...
12/05/2026
A still from Past Lives by Celine Song, an official selection of the Premieres program at the 2023 Sundance Film Festival. (Courtesy of Sundance Institute | p...
12/05/2026
Spotify is where fans and artists come together, turning discovery into somethin...
12/05/2026
Features patented Marco-MMC clocking technology
Black Lion Audio's latest release combines the company's expertise in clocking with their renowned p...
12/05/2026
New Track Panel, sequencer upgrades & more
Following their recent public beta release, Reason Studios have announced the full release of Reason 14. With the...
12/05/2026
One month to go! SBS reveals expansive FIFA World Cup 2026 lineup beyond the pi...
12/05/2026
Rohde & Schwarz presents its advanced solutions for power electronics testing at...
12/05/2026
aconnic AG (ISIN: DE000A0LBKW6), Munich, has developed a modified fund raising p...
12/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
12/05/2026
Tyrell Corporation, specialists in high-end live sports and entertainment broadcasts, was tasked with delivering compelling broadcast coverage of premier equest...
12/05/2026
Registration is now open for IBC2026 as the global media, entertainment and technology community prepares to converge on the RAI Amsterdam from 11 14 September ...
12/05/2026
Ross Video, a global leader in live video production technology, will present its latest innovations and integrated production workflows at BroadcastAsia 2026, ...
12/05/2026
500 selected leaders from around the world across start-ups, corporates, and venture capital. Over 50bn in assets under management among attending investors, a...
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.
