IVP
UnclaimedAt a Glance
- Check Size
- $1M – $25M
- Stage
- Series B+
- AUM
- $7B
- Sectors
- Aerospace & Defense, Digital Health, Other +2
- Founded
- 1980
- HQ
- Menlo Park, CA
About IVP
IVP is a venture capital firm based in Menlo Park, CA founded in 1980. Over four decades, IVP has accelerated 400 breakout companies to breakthrough impact. Leverage our unstoppable momentum to your unfair advantage. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Digital Health, Other, Consumer, Fintech. The firm manages $5.2B in assets under management. Notable portfolio companies include Netflix, Slack, Twitter, Snapchat, Coinbase, Discord, Klarna and Canva. Invests in later-stage growth companies across enterprise software, consumer internet, and select vertical markets.
Investment Thesis
“Invests in later-stage growth companies across enterprise software, consumer internet, and select vertical markets.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
IVP's lineage starts in 1974, when Reid Dennis raised Institutional Venture Associates, a $19 million vehicle, six years before founding IVP in Menlo Park. The first IVP fund closed in 1980 at $22 million, followed by IVP II at $40 million in 1982, IVP III at $96 million in 1985 and IVP IV at $115 million in 1988. Fund sizes scale with the firm's shift into growth investing: IVP XII closes at $600 million in 2010, IVP XIV at $1 billion in 2012, IVP XVI at $1.5 billion in 2017, IVP XVII at $1.8 billion in 2021 and IVP XVIII at $1.6 billion in 2024.
SEC records show the partnership stack behind those vehicles, including Institutional Venture Partners XIII, XIV, XV and an XV Executive Fund, XVI, XVII, XVIII and a parallel XVIII-P, plus New York access vehicles for XVIII and XIX. Institutional Venture Partners XIX Access LLC filed a Form D on September 11, 2026 reporting $93.65 million sold to 114 accredited investors, first sale August 31, 2026, indicating a nineteenth flagship in market. Public tallies put assets under management at roughly $7 billion.
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Frequently Asked Questions
What stage does IVP invest at?
IVP primarily invests at the Series B+ stage. This means they focus on companies that are at various stages of growth.
Where is IVP located?
IVP is headquartered in Menlo Park, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does IVP focus on?
IVP focuses on investments in Aerospace & Defense, Digital Health, Other, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.
What is IVP's typical check size?
IVP's typical investment check size ranges from $1M to $25M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does IVP have under management?
IVP manages approximately $7B in assets under management (AUM) across their funds.
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