Investment Thesis
“Invests in later-stage growth companies across enterprise software, consumer internet, and select vertical markets.”
Portfolio Companies (7)
Canva
Canva is a Sydney-based online visual design and communication platform used by consumers and businesses. It remains privately held and was valued at $42 billion in an August 2025 share sale.
Coinbase
Coinbase Global (Nasdaq: COIN) runs the largest US cryptocurrency exchange and a bitcoin custody business. It went public by direct listing in April 2021 and joined the S&P 500 in May 2025.
Discord
Discord runs a voice, video and text communications platform built around gaming communities. It is private, was valued at $15 billion in 2021, and confidentially filed for an IPO in January 2026.
Klarna
Klarna is a Swedish payments and consumer credit company known for buy now, pay later. Backed by Sequoia since 2010, it listed on the NYSE (KLAR) in September 2025 at $40 a share.
Slack
Slack, founded in 2009 as Tiny Speck, makes the Slack workplace messaging platform. It direct listed on the NYSE in 2019 and was acquired by Salesforce for $27.7 billion in July 2021.
Snapchat
Snapchat is an American multimedia social media and instant messaging app and service developed by Snap Inc., originally Snapchat Inc.
Twitter, now X, is the social network founded in 2006 that went public on the NYSE in 2013 and was taken private by Elon Musk in October 2022 for about $44 billion.
Other Investments (1)
Portfolio Analysis
IVP has built a portfolio of 8 companies across 4 sectors, including Consumer, Fintech, SaaS and 1 others. Of these investments, 4 have achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series D+ stages, showing IVP's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has IVP invested in?
IVP has invested in 8+ companies across 4 different sectors. Of these, 4 have achieved successful exits through acquisitions or IPOs.
What sectors does IVP invest in?
IVP's portfolio spans Consumer, Fintech, SaaS, Web3. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does IVP invest at?
IVP invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has IVP had?
IVP has had 4 portfolio companies achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.