Growth-stage VC, Menlo Park
IVP
Venture capital firm · Menlo Park · Founded 1980
Quick read
IVP (Institutional Venture Partners), a growth-stage VC firm, was founded in 1980 and is headquartered in Menlo Park, California, making it one of Silicon Valley's oldest venture firms. It focuses on later-stage technology and media companies, writing large checks into high-growth businesses across enterprise software, internet services, and consumer tech. In 2024, IVP closed its 18th fund at $1.6 billion, continuing a decades-long track record that includes early bets on Twitter, Snap, and Netflix.
Key facts
- Founded
- 1980
- Founders
- Reid W. Dennis
- Employees
- 56
- Sectors
- enterprise, saas, consumer, ai
- Website
- ivp.com
Investment thesis
IVP backs later-stage, high-growth technology and media companies — primarily at the Series B through pre-IPO stages — across enterprise software, internet services, and consumer tech. The firm targets companies that have already found product-market fit and need capital to scale, often writing checks of $30M–$150M.
Recent activity
- Jan 2026investmentIVP invested in Kalshi's Series E. Kalshi is a CFTC-regulated prediction market platform that had seen weekly trading volume up 1000% year-over-year. linkedin.com
- Jan 2026investmentIVP participated in Humans& $480M Seed round at a $4.48B valuation for the frontier AI lab. tracxn.com
- Dec 2025investmentIVP participated in Harness's $240M round to fund AI-powered DevOps tooling. tracxn.com
- 2024fundraiseIVP closed its 18th fund at $1.6 billion, backed by returning LPs including VKR Holding and new investors such as Realdania. vestbee.com
Notable investments
- KalshiSeries EJan 2026linkedin.com
- Humans&SeedJan 2026tracxn.com
- HarnessGrowthDec 2025tracxn.com
- RenderSeries C ExtensionMar 2026tracxn.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Jason Kong · Partner
- Todd Chaffee · General Partner
- Jules Maltz · General Partner
- Somesh Dash · General Partner
- Eric Liaw · General Partner
- Cack Wilhelm · General Partner
- Tom Loverro · General Partner
- Steve Harrick · General Partner
Sources
Other VCs in United States
- Sequoia Capital · Generalist VC, Menlo Park·
- Andreessen Horowitz · Generalist VC, Menlo Park·
- Benchmark Capital · Early-stage VC, San Francisco·
- Founders Fund · Contrarian VC, San Francisco·
- Khosla Ventures · Multi-stage VC, Menlo Park·
- Greylock Partners · Early-stage VC, Menlo Park
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Frequently asked
What is IVP?+
IVP (Institutional Venture Partners), a growth-stage VC firm, was founded in 1980 and is headquartered in Menlo Park, California, making it one of Silicon Valley's oldest venture firms. It focuses on later-stage technology and media companies, writing large checks into high-growth businesses across enterprise software, internet services, and consumer tech.
Where is IVP headquartered?+
IVP is headquartered in Menlo Park, United States.
When was IVP founded?+
IVP was founded in 1980 by Reid W. Dennis.
What sectors does IVP invest in?+
IVP focuses on enterprise, saas, consumer, ai. They primarily invest in these sectors.
How do I prepare for a meeting with IVP?+
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