Menlo Park, CA - December 18, 2019 - IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce that Somesh Dash, Tom Loverro, and Jules Maltz have been named to the 2019 GrowthCap's Top 40 Under 40 Growth Investors List. The list highlights the most exceptional private capital investors in the growth segment and highlighted three IVP General Partners as top individual performers boasting some of the strongest portfolios in the industry.This is the fifth time for Mr. Maltz to be recognized. Growth investing is incredibly rewarding, said Jules Maltz. I look forward to continuing to partner with mission-driven founders and teams to help build exceptional companies in the future. While I'm sad that this is my last year qualifying for this award, I hope to invest for many years to come.
IVP focuses on investing in later-stage rapidly-growing companies and partnering closely with exceptional management teams, said Somesh Dash. Growth is our doctrine - we truly believe it's the key catalyst that separates the ultimate winners from the rest of the pack. I am honored to work with passionate entrepreneurs who inspire their teams to disrupt industries and work incredibly hard to create market-defining businesses that touch the lives of their customers, employees, and stakeholders.
At IVP, we pride ourselves on being the best partner for growth-stage companies and entrepreneurs, added Tom Loverro. It is an honor and privilege to work every day, hand-in-hand with entrepreneurs who are defining industries and creating thousands of jobs.
IVP is one of the top-performing firms in the venture capital industry with a 38-year IRR of 43.1%. IVP is currently investing IVP XVI, a $1.5 billion later-stage venture capital and growth equity fund, and manages $7 billion in committed capital. The firm is committed to its focused strategy of investing in rapidly-growing technology companies and partnering closely with exceptional management teams.
About Somesh Dash
Somesh joined IVP in 2005. He focuses primarily on later-stage investments in Internet, software, wireless, and technology-enabled services companies. He led IVP's investments in Amplitude, Brex, Business Insider, Discord, Dropbox, Expanse, Humu, Lime, Pindrop, Pure Storage, Qubole, Rubrik, SoundCloud, Tanium, Thrive Global, Uber, and Walker & Company among others. Over his career, Somesh has participated in multiple exits at valuations in excess of $1 billion. He was recognized by The New York Times and CB Insights in 2019 as one of the top 100 venture capitalists. Somesh is currently a member of the Management Board at Stanford University's Graduate School of Business (GSB) and the Advisory Board of Malaria No More.
Somesh earned a B.S. in Business Administration from the Haas School of Business at the University of California at Berkeley and an M.B.A. from Stanford University. He began his career at Luxmi Capital, an early stage venture capital fund focused on digital media investments. He also worked for the Corporate Development Division of Sony Entertainment Television (SET) in Mumbai, India, and in the Corporate Finance Division of Credit Suisse's Technology Investment Banking Group.
About Tom Loverro
Tom joined IVP in 2015. He focuses on investing in later-stage, high-growth consumer and enterprise companies. Tom currently serves as a Board Director or Observer for Coinbase, HashiCorp, NerdWallet, and Podium. He was actively involved in sourcing, executing, and managing investments in Amplitude, Attentive, Datadog, GitHub, IEX, OnDeck, and Tanium. Forbes Magazine recognized Tom as one of venture capital's up-and-comers by his inclusion in the 2019 Midas Brink List.
Tom holds an M.B.A. from the Kellogg School of Management, where he was an Austin Scholar, and a B.A. from Stanford University, where he graduated with Distinction. He began his career at Goldman Sachs & Co. in technology, media, and telecommunications investment banking. Following Goldman, he joined RRE, a leading early-stage venture firm, based in New York. Tom's involvement in RRE portfolio company Drobo led to him joining the company full-time for a period where he led Marketing.
About Jules Maltz
Jules joined IVP in 2008. He primarily focuses on later-stage venture investments in rapidly-growing software and Internet companies. He led IVP's investments in Buddy Media, Checkr, Dropbox, Eightfold, G2, Grammarly, Hims, MuleSoft, NerdWallet, Nextdoor, Oportun, Slack, Tala, TransferWise, and Zendesk among others. Over his career, Jules has participated in multiple exits at valuations in excess of $1 billion. He was named to the 2019 and 2018 Forbes Midas List and has earned previous recognition from both GrowthCap and Forbes as a top investor. Jules is also involved with Mind Share Partners, a nonprofit focused on improving workplace mental health.
Jules graduated magna cum laude with a B.A. in Economics from Yale University. He also holds an M.B.A. from Stanford University, earning recognition as a Siebel Scholar and an Arjay Miller Scholar. He began his career as a technology investment banker at Robertson Stephens and Bank of America Securities. Following his time in banking, Jules worked at 3i, where he focused on early and late-stage investments across the Internet, mobile, and software sectors.
About IVP
With $7 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 400 companies with 113 IPOs. IVP is one of the top-performing firms in the industry and has a 38-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
