IVP is a growth-stage venture firm focused on breakout technology companies that have already reached product-market fit and are scaling quickly toward category leadership. The firm typically invests at the Series B inflection point and beyond, leading or co-leading concentrated bets where strong metrics, customer love, and a compelling why-now story support the potential for outsized fund-returning outcomes.
IVP invests in founders who are ambitious, have a clear vision, and can demonstrate product‑market fit, organic growth, and strong customer love. A compelling "why now" narrative is essential. Quantitatively, the firm evaluates growth rate, sales efficiency (Magic Number), net‑dollar retention, new versus expansion ARR, and unit economics. Qualitatively, IVP spends extensive time with the management team to gauge leadership quality and execution capability, and it talks directly with customers to verify market traction. The firm looks for businesses that can scale dramatically—potentially 3‑25× larger on key fundamentals—providing upside that can return a large portion of the fund. Deal‑breakers include weak product‑market fit, inefficient growth, unclear vision or timing, shallow customer love, poor retention metrics, and business models that lack durable efficiency at scale.
See the rest of how IVP decides.
Evaluation framework, investment themes, pitch guidance and the partner map. One email, no password — we send a link and you land right back here.