2 investors at IVP, based in Menlo Park, CA with $5.2B under management.
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General Partner, IVP
Ajay Vashee is a former Dropbox CFO who scaled the company from ~$45M to over $2B in revenue and led its IPO before becoming a growth-stage investor at IVP, giving him unusual depth in both late-stage operating and public-market readiness. He pioneered Strategic Finance as a company-building function by recruiting high-horsepower generalists from investing and banking, and now regularly educates CFOs through finance-focused platforms while investing in companies that modernize finance workflows.

Advisory Board, IVP
Dennis Phelps serves on the Advisory Board at IVP (Institutional Venture Partners), where he leverages extensive experience across multiple high-growth sectors. His investment focus spans AI, consumer technology, digital health, enterprise software, and fintech. Throughout his career, Phelps has been instrumental in identifying and supporting transformative companies, with a notable portfolio including Hims & Hers, Snap, Pure Storage, Zynga, Checkr, Figma, Hopin, Grammarly, CircleCI, Slack, Niantic, and Twitter. His track record demonstrates a keen ability to recognize emerging technologies and market opportunities that reshape industries. Phelps' diverse investment thesis—ranging from healthcare innovation to gaming, productivity tools, and financial technology—reflects his deep understanding of how technology creates value across sectors. His advisory role at IVP positions him to continue guiding next-generation companies through growth and scaling challenges.
IVP's investment team consists of 2 professionals, headquartered in Menlo Park, CA and managing $5.2B in assets. The team brings diverse backgrounds and specialized expertise to evaluate and support portfolio companies.
Across the team, IVP's investors cover expertise in AI, Consumer, Digital Health, Enterprise, Fintech. This breadth of sector knowledge enables the firm to evaluate opportunities across multiple verticals and provide specialized post-investment support to founders.
IVP has 2 investors and partners on their team, based in Menlo Park, CA. Each team member brings specialized expertise across different sectors and investment stages.
IVP's team consists of 2 investment professionals. View individual investor profiles above for detailed backgrounds, focus areas, and portfolio companies.
IVP manages approximately $5.2B in assets under management with a team of 2 investment professionals, headquartered in Menlo Park, CA.
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