About IVP
IVP is a venture capital firm founded in 1980. It is primarily based out of Menlo Park, United States. As of Aug 2026, IVP is an active investor, having invested in 251 companies, with 11 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 Consumer and Enterprise Infrastructure. Most recently it participated in the $***** Series D round of Obsidian Security Overall, IVP portfolio has seen 43 unicorns, 34 IPOs and 105 acquisitions including key companies like Slack, Uber and Coinbase. A lot of funds co-invest with IVP, with names like Kleiner Perkins sharing a substantial percentage of its portfolio. IVP has team of 21 people including 7 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 251 companies, including 43 unicorns. Their most notable investments are in Motive and Numeric.Their portfolio spans across United States, United Kingdom, Finland and 14 more locations. They have invested in Enterprise Applications, Consumer, Enterprise Infrastructure 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. Slack
Developer of communication software for team collaboration and workflow automation. This platform provides digital channels for messaging, file sharing, and audio or video meetings. It integrates with various third-party applications to centralize project management and task tracking. Users utilize automated workflows to manage routine processes and receive notifications. The software includes search functionality to retrieve information from past conversations and documents. Security features protect data and ensure compliance across the organization. Artificial intelligence tools assist with summarizing content, drafting responses, and managing tasks within the interface.
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: 2,625 as on Jun 30, 2026
- Investors: ADS Ventures, Glynn Capital and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
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: 161,587 as on Jun 30, 2026
- Investors: TrueBridge, InvestX and 191 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
3. 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: 7,383 as on Jun 30, 2026
- Investors: 2020 Ventures, TrueBridge and 146 Others
- Latest Funding Round: Post IPO, Aug 13, 2021, $*****
- Highlight: Public
4. GitHub
Developer of software collaboration tools and automated code management systems. This platform provides version control, project tracking, and automated workflows for software development teams. It includes integrated artificial intelligence assistants to support code generation, debugging, and vulnerability detection. Users access cloud-based development environments and tools for managing software dependencies and security configurations. The infrastructure supports application deployment, code review processes, and documentation management through application programming interfaces and webhooks.
Key facts about GitHub
- Founded Year: 2008
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $354M
- Employee Count: 6,349 as on May 31, 2026
- Investors: Sprout Capital Partners, TrueBridge and 18 Others
- Latest Funding Round: Grant (prize money), Jun 21, 2019, $*****
- Highlight: Acquired
5. SoFi
Online bank offering consumer loans and insurances. It offers multiple loan products including personal loans, student loans, home loans, business loans, and more. It also offers insurance including life insurance, home insurance, and more. It also features an app-based platform for trading stocks, ETFs, crypto, and accessing financial services. The app is available on IOS and Android devices.
Key facts about SoFi
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $3.04B
- Employee Count: 6,757 as on Jun 30, 2026
- Investors: Silver Lake, InvestX and 77 Others
- Latest Funding Round: Post IPO, Feb 18, 2024, $*****
- Highlight: Public
IVP's Year-on-Year Investment Trends
IVP has invested in 251 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 Aug 2026, it has made 12 investments in this year. Its most recent first time investment was in Suno and most recent follow-on round was in Obsidian Security.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 6 | 6 | 12 |
2025 | 9 | 11 | 20 |
2024 | 10 | 9 | 19 |
2023 | 3 | 2 | 5 |
2022 | 9 | 13 | 22 |
2021 | 15 | 23 | 38 |
2020 | 9 | 13 | 22 |
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, Consumer, Enterprise Infrastructure, FinTech and High Tech. Notably, it has invested in 227 Tech companies, 179 Enterprise (B2B) companies, 152 Software companies and at least 105 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 122 |
Consumer | 51 |
Enterprise Infrastructure | 51 |
FinTech | 31 |
High Tech | 31 |
Others | 202 |
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 12 investments in 2026 so far. Obsidian Security and Baseten Technologies are the latest among them.Here are the most recent investments by IVP:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2026 | United States | Series D | 3809 | ||
Jun 22, 2026 | United States | Series F | 1798 | [+11] | |
Jun 03, 2026 | United States | Series D | 4485 | [+8] | |
May 07, 2026 | United States | Series F | 2252 | [+5] | |
Apr 20, 2026 | United States | Series B | 4640 | [+7] |
Unicorns in IVP's Portfolio
IVP has 43 unicorns in its portfolio - Cowboy Space Corporation, Wonderful, Solace Health and others. The most recent unicorn in their portfolio is Cowboy Space Corporation. It became a unicorn in 2026.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 |
|---|---|---|---|---|---|---|---|
48 | Company developing vertically integrated infrastructure to power and run AI compute in orbit | 2024 | San Carlos | Series B | zjvynxt | ||
52 | Provider of an AI platform for enterprise customer interaction automation | 2025 | Amsterdam | Series B | rxkymof | ||
63 | Provider of patient centered healthcare platform | 2022 | Redwood City | Series C | o{fv{oa | ||
71 | Provider of music creation platform enabling users to easily create and share original songs | 2021 | Cambridge | Series D | nobarah | ||
70 | Developer of tools for building, testing, and deploying AI agent applications | 2022 | San Francisco | Series B | rynkdu{ |
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 | 3438 | |
Sep 10, 2025 | Mar 14, 2014 | Series D | 6418 | |
Jul 31, 2025 | - | - | 1346 | |
Apr 25, 2024 | Apr 28, 2017 | Series D | 8776 | |
Nov 11, 2021 | May 16, 2018 | PE | 6745 |
Acquired companies in IVP's Portfolio
105 companies from IVP's portfolio have been acquired. The most recent acquisition was ConnectAndSell in Jul 2026 by Banzai for $*****.Here are IVP's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 06, 2026 | Feb 09, 2011 | Series C | 3462 | |
Jun 18, 2026 | Apr 12, 2011 | Series D | 5088 | |
Mar 25, 2026 | 2014 | Series D | 2338 | |
Mar 02, 2026 | Aug 07, 2012 | Series E | 5227 | |
Jan 22, 2026 | Oct 05, 2018 | Series C | 9623 |
Team profile of IVP
IVP has a team of 21 members including 7 Partners and 7 Principals located in United States and United Kingdom. IVP's team does not sit on the board of any company as of now.Here is a list of top team members in IVP:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Menlo Park | - | - | |
Partner | Palo Alto | - | ||
Partner | San Francisco | - | ||
Partner | Paso Robles | - | ||
Partner | San Francisco | - | ||
Partner | San Francisco | - | ||
Partner | Buckhead | - | ||
Principal | Boston | - | ||
Principal | San Francisco | - |
Co-investors of IVP
Over the past 38 years, 1776 investors have co-invested in IVP's portfolio companies. This includes funds and angels.
- Invested before IVP: Sequoia Capital, Accel and 807 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 566 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
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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
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Pigment boss: ‘We’re replacing legacy players at the speed of light’City A.M.•Jun 24, 2026•Greenoaks, Pigment, Meritech, IVP
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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
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OpenRouter Raises $113M in Series B FundingFinSMEs•May 26, 2026•OpenRouter, CapitalG, NVentures, Snowflake and 13 others
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IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset ManagersFintech Finance•May 22, 2026•Sigma, IVP
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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
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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
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Cape Raises $100M to Boost Secure Mobile ConnectivityVentureburn•Mar 19, 2026•Cape, 01 Advisors, IVP, Bain Capital Ventures
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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
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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
