About IVP
IVP is a venture capital firm founded in 1980. It is primarily based out of Menlo Park, United States. As of Sep 2026, IVP is an active investor, having invested in 256 companies, with 10 new investments in the last 12 months. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series C round of Wonderful Overall, IVP portfolio has seen 45 unicorns, 34 IPOs and 107 acquisitions including key companies like Robinhood, Uber and Slack. A lot of funds co-invest with IVP, with names like Kleiner Perkins sharing a substantial percentage of its portfolio. IVP has team of 25 people including 13 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 10 more
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
IVP's List of Top Investments
IVP has a portfolio of 256 companies, including 45 unicorns. Their most notable investments are in Glossier and Motive.Their portfolio spans across United States, United Kingdom, Finland and 14 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 30 other sectors, across stages such as Series B, Series C and 10 more. Here is the list of top investments by IVP:
1. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $5.58B
- Employee Count: 4,964 as on Aug 31, 2026
- Investors: HTIF, ADS Ventures and 155 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
2. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 167,166 as on Aug 31, 2026
- Investors: TrueBridge, InvestX and 192 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
3. Slack
Developer of communication software for team collaboration and project management. This platform facilitates messaging, file sharing, and audio or video meetings. It integrates with various third-party applications to automate workflows and manage tasks. Users organize conversations into channels to coordinate projects and share information. The software includes tools for searching archives, managing user profiles, and implementing security protocols for data protection. Artificial intelligence features assist with summarizing content, drafting responses, and managing automated agents to streamline routine work processes.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 2,615 as on Aug 31, 2026
- Investors: ADS Ventures, Glynn Capital and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
4. Coinbase
Online platform for crypto portfolio. It offers solutions for consumers such as regular trading platforms, wallets for storing cryptocurrencies, crypto exchanges, USD-backed stable coins, and more. It also provides solutions for businesses such as custodian services, crypto-based payment acceptance solutions, and more.
Key facts about Coinbase
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $547M
- Employee Count: 7,124 as on Aug 31, 2026
- Investors: Intel, 2020 Ventures and 149 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
5. Netflix
Provider of streaming services for TV shows, movies, and documentaries. It offers users access to a wide variety of content on internet-connected devices. Users can stream a collection of movies and TV shows on phones, tablets, laptops, and TVs. It also allows users to download content for offline viewing. It provides profiles for kids with parental controls to restrict content based on maturity ratings.
Key facts about Netflix
- Founded Year: 1997
- Location: Los Gatos (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $80M
- Employee Count: 18,465 as on May 31, 2026
- Investors: 2020 Ventures, Alcor Fund and 18 Others
- Latest Funding Round: Post IPO, Nov 21, 2021, $*****
- Highlight: Public
IVP's Year-on-Year Investment Trends
IVP has invested in 256 companies over the last 38 years, with an average of 10 new investments annually in the last 10 years. In 2025, it made 20 investments, while as of Sep 2026, it has made 13 investments in this year. Its most recent first time investment was in Suno and most recent follow-on round was in Wonderful.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 7 | 13 |
2025 | 9 | 11 | 20 |
2024 | 10 | 9 | 19 |
2023 | 3 | 2 | 5 |
2022 | 9 | 12 | 21 |
2021 | 15 | 23 | 38 |
2020 | 9 | 14 | 23 |
2019 | 6 | 12 | 18 |
2018 | 13 | 11 | 24 |
2017 | 12 | 7 | 19 |
IVP's Investments by Stage
IVP has made 78 investments in Series B stage with an average round size of $72.6M, 59 investments in Series C stage with an average round size of $71.8M and 29 investments in Series A stage with an average round size of $34.5M.Stage of entry | No. of Investments |
|---|---|
Series B | 78 |
Series C | 59 |
Series A | 29 |
Series D | 29 |
Series E | 19 |
Others | 11 |
Note: We have considered here, only first round of investments
IVP's Investments by Sector
IVP has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Consumer, FinTech and High Tech. Notably, it has invested in 231 Tech companies, 183 Enterprise (B2B) companies, 156 Software companies and at least 108 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 121 |
Enterprise Infrastructure | 53 |
Consumer | 51 |
FinTech | 32 |
High Tech | 32 |
Others | 200 |
Note: We have considered here, only first round of investments
IVP's Investments by Geography
IVP has made most investments in United States (200), followed by United Kingdom where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 200 |
United Kingdom | 6 |
Finland | 3 |
Germany | 3 |
Netherlands | 3 |
Others | 13 |
Note: We have considered here, only first round of investments
IVP's recent investments
IVP has made 13 investments in 2026 so far. Wonderful and Obsidian Security are the latest among them.Here are the most recent investments by IVP:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 02, 2026 | Netherlands | Series C | 6856 | [+5] | |
Aug 04, 2026 | United States | Series D | 9016 | ||
Jun 22, 2026 | United States | Series F | 6237 | [+11] | |
Jun 03, 2026 | United States | Series D | 6104 | [+8] | |
May 07, 2026 | United States | Series F | 5424 | [+5] |
Unicorns in IVP's Portfolio
IVP has 45 unicorns in its portfolio - Obsidian Security, Cowboy Space Corporation, Wonderful and others. The most recent unicorn in their portfolio is Obsidian Security. It became a unicorn in 2026, 4 years after IVP first invested in it.Here is a list of unicorns in IVP's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of SaaS security solutions for managing risks and threat detection | 2017 | Newport Beach | Series D | ocdwal{ | ||
56 | Company developing vertically integrated infrastructure to power and run AI compute in orbit | 2024 | San Carlos | Series B | gkptjur | ||
53 | Provider of an AI platform for enterprise customer interaction automation | 2025 | Amsterdam | Series C | vbflglx | ||
63 | Provider of patient centered healthcare platform | 2022 | Redwood City | Series C | mqypybc | ||
80 | Provider of music creation platform enabling users to easily create and share original songs | 2021 | Cambridge | Series D | gsspmb{ |
IPOs and Publicly Listed companies in IVP's Portfolio
34 of IVP's portfolio companies have become public. Lime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2026 at marketcap of $1.6B and Klarna got listed on the New York Stock Exchange (NYSE) at marketcap of $15.1B.Here are IVP's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Jul 02, 2018 | Series C | 3668 | |
Sep 10, 2025 | Mar 14, 2014 | Series D | 4495 | |
Jul 31, 2025 | - | - | 1306 | |
Apr 25, 2024 | Apr 28, 2017 | Series D | 2732 | |
Nov 11, 2021 | May 16, 2018 | PE | 6414 |
Acquired companies in IVP's Portfolio
107 companies from IVP's portfolio have been acquired. The most recent acquisition was DoubleVerify in Aug 2026 by Nielsen for $*****.Here are IVP's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2026 | Mar 08, 2010 | Series B | 6064 | |
Jul 06, 2026 | Feb 09, 2011 | Series C | 8093 | |
Jun 18, 2026 | Apr 12, 2011 | Series D | 7999 | |
Mar 25, 2026 | 2014 | Series D | 9318 | |
Mar 02, 2026 | Aug 07, 2012 | Series E | 8819 |
Team profile of IVP
IVP has a team of 25 members including 13 Partners and 1 Principal located in United States and United Kingdom. IVP's team sits on the board of 4 companies.Here is a list of top team members in IVP:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | San Francisco | - | - | |
Partner | Menlo Park | - | - | |
Partner | Menlo Park | Pindrop Security and H1 | ||
Partner | Menlo Park | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | Menlo Park | - | - | |
Partner | San Francisco | - | ||
Partner | San Francisco | - | - | |
Partner | London | - | - |
Co-investors of IVP
Over the past 38 years, 1780 investors have co-invested in IVP's portfolio companies. This includes funds and angels.
- Invested before IVP: Sequoia Capital, Accel and 808 others have invested in rounds before IVP. There are 20 companies where Sequoia Capital has invested before IVP and 18 companies where Accel has invested before IVP.
- Top Co-investors of IVP: 401 investors entered a company along with IVP. These include investors like Kleiner Perkins (10 companies).
- Invested after IVP: A total of 569 investors have invested in IVP's portfolio after their investments. Top Investors include Fidelity Investments (14 companies), Tiger Global Management (13 companies) and Wellington (12 companies).
Recent News related to IVP
•
Obsidian Security Raises $85M Series D at $1.1B Valuation to Enhance AI Agent SecurityThe SaaS News•Aug 05, 2026•Obsidian Security, Greylock Partners, Norwest, IVP and 4 others
•
Pigment boss: ‘We’re replacing legacy players at the speed of light’City A.M.•Jun 24, 2026•Greenoaks, Pigment, Meritech, IVP
•
Suno Secures Over $400 Million in Series D Funding, Valued at $5.4 BillionMBW•Jun 03, 2026•Bond Capital, Sunno, Suno, Forerunner Ventures and 4 others
•
OpenRouter Raises $113M in Series B FundingFinSMEs•May 26, 2026•OpenRouter, CapitalG, NVentures, Snowflake and 13 others
•
IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset ManagersFintech Finance•May 22, 2026•Sigma, IVP
•
Cowboy raises $275 million to build rockets with orbital data center upper stagesSpaceNews•May 11, 2026•Breakthrough Energy, Construct Capital, Blossom Capital, SAIC and 9 others
•
hoop raises $575 million at a valuation of $10.1 billion to advance its global healthcare platform.Business Wire•Mar 31, 2026•Affinity Partners, 2PointZero, Glade Brook Capital, Foundry and 10 others
•
Cape Raises $100M to Boost Secure Mobile ConnectivityVentureburn•Mar 19, 2026•Cape, 01 Advisors, IVP, Bain Capital Ventures
•
UAE-based Qudwa Raises $1.1 Million in Funding to Strengthen GCC PresenceentARABI•Mar 17, 2026•Alqudwatrd, IM Fndng, 1818 Venture Capital, IVP and 3 others
•
Render Raises $100 Million Series C Extension at $1.5 Billion Valuation to Build the Cloud for AI-Native Softwareintelligence360•Mar 13, 2026•Render, 01 Advisors, General Catalyst, Bessemer Venture Partners and 7 others
