Where is IVP's headquarters located?

IVP's headquarters is located in Menlo Park (United States).

How big is IVP's investment team?

IVP has a team of 56, including 23 partners.

How many companies has IVP invested in?

IVP has invested in 242 companies, including Slack & Figma.

Which companies has IVP invested in lately?

Harness & Kalshi are the latest investments by IVP.

What sectors does IVP focus on for investments?

Top sectors in IVP's portfolio are Enterprise Applications (127 investments) and Enterprise Infrastructure (56 investments).

What stages of companies does IVP typically invest in?

IVP primarily invests in Series B and Series C stages.

How many exits has IVP been involved in?

IVP's portfolio has seen 33 IPOs and 102 acquisitions.

How many unicorns are there in IVP's portfolio?

There are 40 unicorns in IVP's portfolio.

IVP - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Slack

Provider of cloud-based team communication and collaboration platform. The platform organizes conversations into searchable channels and direct messages, supports voice and video calls, file sharing, and threaded discussions. It integrates with a broad range of third-party applications and automates workflows through bots and scripting tools. The system enables users to create workspaces for topic- or project-specific communication and provides enterprise-grade security, access controls, and administrative tools. It also incorporates AI-powered search, message summarization, and automation agents to enhance productivity and streamline team coordination.

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: 1,820 as on Dec 31, 2020
Investors: T. Rowe Price, TrueBridge and 68 Others
Latest Funding Round: Post IPO, Apr 16, 2020, $*****
Highlight: Acquired

2. Figma

Developer of collaborative platform for interface design, prototyping, and development. It provides tools for design, development, and presentation. The platform offers features such as design systems, prototyping, and developer mode. It facilitates brainstorming, diagramming, and strategic planning. Features include real-time multi-user collaboration on design files, vector editing, prototyping, automatic layout adjustments, batch editing, and high-fidelity prototypes.

Key facts about Figma

Founded Year: 2012
Location: San Francisco (United States)
Stage: Public
Total Funding till date: $749M
Employee Count: 1,080 as on Dec 31, 2023
Investors: Kaplan Group Investments, IVP and 55 Others
Latest Funding Round: Series F, May 15, 2024, $*****
Highlight: Public

3. Zynga

Casual games developer and publisher for mobile and web platforms. The games developed by the company inlcude High heels, Cashier 3D, Blob runner 3D, and many more. The games are available for iOS and Android users.

Key facts about Zynga

Founded Year: 2007
Location: San Francisco (United States)
Annual Revenue: $2.8B as on Dec 31, 2021
Stage: Acquired
Total Funding till date: $526M
Employee Count: 1,084 as on Dec 31, 2015
Investors: Kaplan Group Investments, T. Rowe Price and 36 Others
Latest Funding Round: Post IPO, Dec 15, 2020, $*****
Highlight: Acquired

4. Kayak

Kayak is an online metasearch platform for travel services. It scans numerous travel websites for information on flights, hotels, car hires and holiday deals, in order to facilitate travel service comparison, selection and bookings for travellers. It operates across multiple locations like Sao Paulo, Miami, Taipei and Copenhagen.

Key facts about Kayak

Founded Year: 2004
Location: Norwalk (United States)
Annual Revenue: $293M as on Dec 31, 2012
Stage: Acquired
Total Funding till date: $223M
Employee Count: 1,001 - 5,000 as on Jul 01, 2024
Investors: Sprout Capital Partners, IVP and 12 Others
Latest Funding Round: Series D, Dec 21, 2007, $*****
Highlight: Acquired

5. Uber

Online platform providing ride-hailing and food delivery services. It is a platform for managing global transportation, as well as last-mile delivery solutions for individuals and businesses, allowing them to streamline their operations and enhance employee experiences. The platform encompasses various services such as ride-hailing, food delivery, package delivery, and freight transportation solutions.

Key facts about Uber

Founded Year: 2009
Location: San Francisco (United States)
Annual Revenue: $44B as on Dec 31, 2024
Stage: Public
Total Funding till date: $13.2B
Employee Count: 31,100 as on Dec 31, 2024
Investors: TrueBridge, Harmony Venture Partners and 189 Others
Latest Funding Round: Post IPO, Dec 19, 2020, $*****
Highlight: Public

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IVP has invested in 242 companies over the last 38 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 19 investments. Its most recent first time investment was in Kalshi and most recent follow-on round was in Harness.

Here are IVP's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	8	11	19
2024	10	8	18
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

View all investments by IVP

IVP has made 75 investments in Series B stage with an average round size of $70.1M, 56 investments in Series C stage with an average round size of $69.7M and 29 investments in Series A stage with an average round size of $35.2M.

Here are IVP's investments by stage:

Stage of entry	No. of Investments
Series B	75
Series C	56
Series A	29
Series D	28
Series E	19
Others	10

Note: We have considered here, only first round of investments

View all investments by IVP

IVP has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, FinTech and High Tech. Notably, it has invested in 218 Tech companies, 171 Enterprise (B2B) companies, 147 Software companies and at least 100 companies focusing on Saas.

Here are IVP's investments by sector:

Sector	No. of Investments
Enterprise Applications	115
Consumer	50
Enterprise Infrastructure	50
FinTech	31
High Tech	30
Others	195

Note: We have considered here, only first round of investments

View all investments by IVP

IVP has made most investments in United States (191), followed by United Kingdom where it has made 7 investments.

Here are IVP's investments by geography:

Country	No. of Investments
United States	191
United Kingdom	7
Netherlands	4
Finland	3
Germany	3
Others	13

Note: We have considered here, only first round of investments

View all investments by IVP

IVP has not made any investment in 2026 so far.

Here are the most recent investments by IVP:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Dec 11, 2025	Harness	United States	Series E	7636	Goldman Sachs [+2]
Nov 20, 2025	Kalshi	United States	Series E	8189	Sequoia [+8]
Nov 19, 2025	Numeric	United States	Series B	7056	Menlo Ventures [+10]
Nov 11, 2025	Wonderful	Netherlands	Series A	9585	Index Ventures [+3]
Oct 28, 2025	Sublime Security	United States	Series C	3717	Georgian [+5]

Get the detailed list of all investments by IVP. Download now!

See more recent investments made by IVP

IVP has 40 unicorns in its portfolio - LangChain, Baseten Technologies, Tennr and others. The most recent unicorn in their portfolio is LangChain. It became a unicorn in 2025.

Here is a list of unicorns in IVP's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
72	LangChain	Developer of tools for building, testing, and deploying AI agent applications	2022	Enterprise Infrastructure [+2]	San Francisco	Series B	hxeq{ct
65	Baseten Technologies	Platform offering low code based ML powered application development software	2019	Enterprise Infrastructure [+2]	San Francisco	Series D	jaem{ar
59	Tennr	Provider of an intelligent automation platform for healthcare operations	2021	High Tech [+2]	New York City	Series C	nklis{i
71	Abridge Inc	Provider of AI-based health record platform	2018	High Tech [+2]	Pittsburgh	Series E	mmzenns
65	Chainguard	Provider of hardened container images, language libraries, and virtual machine images	2021	Enterprise Infrastructure [+1]	Kirkland	Series D	kvtyire

View more details about unicorns in IVP's portfolio

33 of IVP's portfolio companies have become public. Klarna got listed on the New York Stock Exchange (NYSE), in Sep 2025 at marketcap of $15.1B and Figma got listed on the New York Stock Exchange (NYSE) at marketcap of $13.5B.

Here are IVP's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Klarna	Sep 10, 2025	Mar 14, 2014	Series D	7659
Figma	Jul 31, 2025	-	-	7279
Rubrik	Apr 25, 2024	Apr 28, 2017	Series D	5906
Lulus	Nov 11, 2021	May 16, 2018	PE	5720
NerdWallet	Nov 04, 2021	May 12, 2015	Series A	7934

View more details about public companies in IVP's portfolio

102 companies from IVP's portfolio have been acquired. The most recent acquisition were Inspirato in Dec 2025 by Exclusive Investments.

Here are IVP's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Inspirato	Dec 17, 2025	Jan 25, 2012	Series B	6658
Synchronoss	Dec 04, 2025	2005	Series A	1927
TuneIn	Nov 11, 2025	May 29, 2013	Series C	8273
MarkMonitor	Sep 24, 2025	May 11, 2006	Series B	4777
Indiegogo	Jul 24, 2025	Jan 28, 2014	Series B	1659

View all acquired companies in IVP's portfolio

IVP has a team of 56 members including 23 Partners, 1 Venture Partner and 13 Principals 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
Eric Liaw	Partner	San Francisco	Volt	1 Email
Somesh Dash	Partner	Menlo Park	Pindrop Security and H1	1 Email
Norm Fogelsong	Partner	Menlo Park	Included Health	1 Email
Ajay Vashee	Partner	San Francisco	-	1 Email
Dennis Phelps	Partner	Sausalito	-	1 Email
Sandy Miller	Partner	Menlo Park	-	1 Email
Kelly O'Kane	Partner	San Francisco	-	1 Email
Cack Wilhelm	Partner	San Francisco	-	1 Email
Jimena Nowack	Partner	London	-	1 Email
Shravan Narayen	Partner	San Francisco	-	1 Email

Get the full list of IVP's team & partners for free. Download now!

View team details of IVP

Over the past 38 years, 1691 investors have co-invested in IVP's portfolio companies. This includes funds and angels.

Invested before IVP: Sequoia Capital, Accel and 753 others have invested in rounds before IVP. There are 19 companies where Sequoia Capital has invested before IVP and 18 companies where Accel has invested before IVP.
Top Co-investors of IVP: 384 investors entered a company along with IVP. These include investors like Kleiner Perkins (10 companies).
Invested after IVP: A total of 552 investors have invested in IVP's portfolio after their investments. Top Investors include Fidelity Investments (15 companies), Tiger Global Management (13 companies) and Wellington (11 companies).