Growth-stage venture capital firm. Lead investor in LangChain's $125M Series B.
Investment Thesis
IVP is one of Silicon Valley’s original late‑stage venture capital firms, built around the thesis that concentrated investments in category‑defining growth companies can generate outsized returns. The firm typically leads or co‑leads large Series C and later rounds, backing companies with clear product‑market fit, strong unit economics and the potential to dominate their markets. In AI, IVP focuses on high‑leverage infrastructure (chips, cloud, data platforms), foundational model companies and application‑layer winners that show strong revenue traction rather than purely research‑driven bets. The firm is known for active board involvement, helping founders scale go‑to‑market, finance, and operations as they prepare for IPOs or strategic exits. ([techcrunch.com](https://techcrunch.com/2017/09/26/ivp-announces-1-5-billion-venture-fund/?utm_source=openai))