Institutional Venture Partners
Venture capitalMenlo Park Β· 1 people tracked
Also known as Institutional Capital Management, Inc.
Fund manager profile
Institutional Venture Partners is a venture fund manager based in Menlo Park. SEC filings show 5 venture funds on record, most recently Institutional Venture Partners XVIII, L.P. ($1.6B offering) filed March 2024.
Source: SEC EDGAR Form D filings. Firm website data not yet available.
Team Β· 1 people
from public directoriesWhat they invest in
from 18 of 22 portfolio companiesEnterprise Software Γ11AI & Machine Learning Γ9Cybersecurity Γ5Consumer Γ4Data & Infrastructure Γ3Media & Entertainment Γ3SaaS Γ3Cloud Computing Γ2
HQs:United StatesΓ13EstoniaΓ1
Investments Β· 22 tracked
founders shown can be your intro pathNew York, US
Udit Raj Mehra(Executive Officer, Director)Matthew Lynch(Executive Officer, Director)Ellen Johnston(Executive Officer, Director)
BoardNatalie Dillon(Director)
Board seatEric LiawΒ· per SEC Form D Β· $65M raise Β· filed Mar 2026
Highland Park, US
Adam Koopersmith(Director)Tim Handorf(Executive Officer, Director)Tim Kopp(Director)Godard Abel(Director)
Board seatJules MaltzΒ· per SEC Form D Β· $157M raise Β· filed Jul 2021
New York, US
Ariel Katz(Executive Officer, Director)Ian Sax(Executive Officer, Director)Deborah Schwartz(Executive Officer)Micah Brooks(Executive Officer)
BoardGreg Yap(Director)
Board seatSomesh DashΒ· per SEC Form D Β· $95M raise Β· filed Dec 2024
Hello Heart is an AI company that builds preventive heart health solutions to help people lower their cardiovascular risk.
AI & Machine LearningDigital HealthHealthtechMenlo Park, US
Maayan Cohen(Executive Officer, Director)Cheryl Cheng(Director)Ziv Meltzer(Executive Officer, Director)
BoardAlex Morgan(Director)
Board seatSomesh DashΒ· per SEC Form D Β· $70M raise Β· filed May 2022
Lyra provides mental health care services through a network of evidence-based providers, combining clinical expertise with technology to deliver accessible, quality care for employers and health plans.
Digital HealthEnterprise SoftwareHealthtechHR TechMental Health
Alethea Varra(Vice President of Clinical Care)Jennifer Schulz(Chief Executive Officer)Elaine Yang(Executive Officer)Bryan Roberts(Director)James Slavet(Director)David Ebersman(Executive Officer, Director, Promoter)
Board seatSomesh DashΒ· per SEC Form D Β· $200M raise Β· filed Jun 2021
Pindrop is a cybersecurity company that delivers identity verification and deepfake detection across voice, video, and digital communications in real time.
AI & Machine LearningCybersecurityEnterprise SoftwareAtlanta, US
Vijay A. Balasubramaniyan(CEO and Co-Founder)Paul JudgeinMustaque AhamadinScott Weiss(Director)Somesh Dash(Director)
Board seatSomesh DashΒ· per SEC Form D Β· $5M raise Β· filed Apr 2024
Anomali is a cybersecurity platform that combines a unified security data lake, threat intelligence, and agentic AI to help security teams detect, investigate, and respond to cyber threats.
AI & Machine LearningCybersecurityEnterprise SoftwareRedwood City, US
Karim Faris(Director)Steve Harrick(Director)Hugh Njemanze(Executive Officer, Director)inSteve Herrod(Director)Tom Reilly(Director)
AppDynamics (now part of Splunk Observability) provides full-stack observability and application performance monitoring for hybrid, on-premises, and multi-tier applications, helping enterprise teams troubleshoot performance and security issues linked to business impact.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
David Wadhwani(Executive Officer, Director)Charles J. Robel(Director)Randy S. Gottfried(Executive Officer)Ravi Mhatre(Director)Dev C. Ittycheria(Director)Jyoti Bansal(Executive Officer, Director, Promoter)
Media & EntertainmentNew York, US
JULIE HANSEN(Executive Officer)JAMES D. ROBINSON(Director)HENRY BLODGET(CHIEF EXECUTIVE OFFICER)DWIGHT MERRIMAN(Director)GORDON CROVITZ(Director)
BoardKEVIN RYAN(Director)
Dataminr provides AI-powered real-time event detection by synthesizing text, images, video, audio, and sensor signals across public data sources.
AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareGovTechImpact & Social GoodNew York, US
Peter Bailey(Executive Officer)Edward Bailey(Executive Officer, Director)Daniel O'Connor(Executive Officer)Nick Beim(Director)Nella Domenici(Executive Officer)Jeffrey Kinsey(Executive Officer)
GIPHY is a platform for discovering, creating, and sharing animated GIFs and stickers.
ConsumerCreator EconomyMedia & EntertainmentNew York, US
Brad Zeff(Executive Officer)Alex Chung(Executive Officer, Director)Joshua Auerbach(Executive Officer)Jeremy Liew(Director)
BoardJohn Borthwick(Director)
Hipmunk is a travel search platform that aggregates flight, train, hotel, and rental accommodation options from multiple providers into a single interface for comparison and booking.
ConsumerTravel & HospitalitySan Francisco, US
Adam Goldstein(Founder/CEO)inSteven Ladd Huffman(Director)Rob Majteles(Director)Ren Riley(Director)Brad Silverberg(Director)
RingCentral Events (formerly Hopin) is a platform for hosting and managing virtual and hybrid events that enables organizations to create live experiences, engage audiences remotely, and generate business outcomes through video conferencing and event management tools.
Marketing TechSaaS
Johnny Boufarhat(Founder)in
Veriff provides identity verification services for online platforms, using document recognition and multi-language support to verify that users are who they claim to be.
AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareFintechSaaSTallinn, EE
Kaarel Kotkas(Founder/CEO)inTaavet Hinrikus(Director)
BoardSimon Levene(Director)
Zerto provides software for ransomware resilience, disaster recovery, and data mobility across on-premises and cloud environments, enabling enterprises to protect, replicate, and recover applications and data at scale.
Cloud ComputingCybersecurityEnterprise SoftwareHerzliya Pituach
Liat Nachmani(Executive Officer)Erez Ofer(Director)Roy Golding(Director)Gil Levonai(Executive Officer)Mark Leslie(Director)Paul Zeiter(Executive Officer)
Rows marked βSEC filingβ are inferred from directors named on the company's SEC Form D β public regulatory data, not a portfolio list published by the firm.
Fund performance Β· per public LP disclosures Β· 14
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Institutional Venture Partners XVIIILPs: California State Teachers' Retirement System, New Jersey Division of Investment, Maryland State Retirement and Pension System | 2024 | β | 30.9% | 1.14x | β |
| Institutional Venture Partners XV, L.P.LPs: Los Angeles County Employees Retirement Association, Los Angeles City Employees' Retirement System, Maryland State Retirement and Pension System | 2015 | β | 23.4% | 2.92x | 2.03x |
| Institutional Venture Partners XIV, L.P.LPs: Los Angeles County Employees Retirement Association | 2012 | β | 7.1% | 1.51x | 1.22x |
| Institutional Venture Partners XIII, LPLPs: Empire State Development β New York Ventures | 2010 | β | β | 1.59x | 1.57x |
| Institutional Venture Partners XII, L.P.LPs: California State Teachers' Retirement System | 2007 | β | 25.7% | 2.72x | 2.72x |
| Institutional Venture Partners VIIILPs: The Regents of the University of California | 1998 | β | 1.5% | 1.07x | 1.07x |
| Institutional Venture Partners VIII, L.PLPs: The Regents of the University of California | 1998 | β | 0.7% | 1.03x | 1.02x |
| Institutional Venture Partners VIILPs: The Regents of the University of California | 1996 | β | 93.6% | 6.80x | 6.80x |
| Institutional Venture Partners VII, L.PLPs: The Regents of the University of California | 1996 | β | 96.2% | 6.72x | 6.68x |
| Institutional Venture Partners VILPs: The Regents of the University of California | 1994 | β | 63.1% | 5.82x | 5.82x |
| Institutional Venture Partners VLPs: The Regents of the University of California | 1991 | β | 27.5% | 3.00x | 3.00x |
| Institutional Venture Partners IVLPs: The Regents of the University of California | 1988 | β | 9.9% | 2.34x | 2.34x |
| Institutional Venture Partners IV, L.PLPs: The Regents of the University of California | 1988 | β | 10.4% | 2.34x | 2.30x |
| Institutional Venture Partners IIILPs: The Regents of the University of California | 1985 | β | 13.7% | 2.15x | 2.15x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- Where is Institutional Venture Partners located?
- Institutional Venture Partners is headquartered in Menlo Park, US.






