Institutional Venture Management XV

Each IVP fund is a distinct legal partnership with its own vintage year, limited partners, and capital commitments. Fund XV follows the firm's long-standing blueprint of investing in roughly 10 to 15 later-stage technology companies per vehicle. The portfolio composition depends on the deal flow available during its investment period, typically 3 to 4 years.

Investment decisions within IVP vehicles are made by the general partners collectively, with individual GPs leading deal origination and board representation. The partnership has historically included investors such as Todd Chaffee, Somesh Dash, and Tom Loverro. Specific GP assignment by fund vehicle is not publicly delineated.

IVP frequently leads rounds and invites co-investors, but the firm typically secures a board seat and maintains a substantial ownership stake. Co-investors in previous IVP-led rounds have included other late-stage specialists like TCV, Insight Partners, and General Atlantic. Specific co-investment patterns for Fund XV are not publicly disclosed.