# Institutional Venture Partners: portfolio, investments and team > Institutional Venture Partners is a vc firm based in United States. 3 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/institutional-venture-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Institutional Venture Partners Filed with the SEC to raise a fund in Sep 2026, closing $1,600M. Last cheque observed Oct 2024. Email VC firm Quiet New fund $1.6B, Sept 2026 Growth Series C Follow Institutional Venture Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Finstitutional-venture-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **746** days **00** hrs **00** min **00** sec Median round **$140M** Rounds led **1 of 3** Sole investor **1 rounds** Pitch Institutional Venture Partners ## Institutional Venture Partners highlights - 01 3 rounds on record - 02 Mostly Growth and Series C: 100% of its rounds - 03 Sole investor in 1 rounds, median $500M ## What they do > Filed 3 private fund offerings with the SEC, the most recent in 2023-10 From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2024** 2 rounds - **Oct** **[Perplexity](https://millionrounds.com/company/perplexity)** Growth · US · TechCrunch **$500M** *Led* - **Aug** **[Chainguard](https://millionrounds.com/company/chainguard)** Series C · US · Firms' own news pages **$140M** With 7 others - **2017** 1 round - **Nov** **[Qubole](https://millionrounds.com/company/qubole)** US · FinSMEs **$25M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **12 named** AV **Ajay Vashee** A Manager of the General Partner i Filing they signed AL **Alexander Lim** Executive Officer, Promoter i Filing they signed CW **Catherine Wilhelm** A Managing Member of the Manager i Filing they signed DB **Dennis B. Phelps** A Managing Director of the Managing Member i Filing they signed EA **Eric A. Liaw** A Managing Director of the General Partner i Filing they signed JS **J. Sanford J. Miller** A Managing Director of the Managing Member i Filing they signed JA **Jules A. Maltz** A Managing Director of the General Partner i Filing they signed NA **Norman A. Fogelsong** A Managing Director of the General Partner i Filing they signed SA **Somesh A. Dash** A Managing Director of the General Partner i Filing they signed SJ **Stephen J. Harrick** A Managing Director of the Managing Member i Filing they signed TL **Thomas Loverro** A Manager of the General Partner i Filing they signed TC **Todd C. Chaffee** A Managing Director of the General Partner i Filing they signed We also hold **13** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **19+** funds on file numbered funds in its name Who backs their funds ## 1 LP on record in Institutional Venture Partners's funds - **Committed:** $100M - **Funds:** 1 - **Vintages:** 2024 The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2025. - [**California State Teachers Retirement System** 1 fund *$100M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Institutional Venture Partners XVIII 2024 $100M New fund on file **$1.6B** raised in Sept 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Series C Median round joined **$140M** the round, not its cheque Alone, median **$500M** Led 1 of 3 rounds **33%** - **Sole investor:** 1 rounds - **Last cheque:** Oct 2024 Rounds by stage said on their site - Growth *1* - Series C *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 2 **Pitching Institutional Venture Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Institutional Venture Partners. A count of rooms they were both in, not a relationship either has claimed. [**Lightspeed Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners) ## Recently backed The latest companies Institutional Venture Partners put money into. [**Perplexity** $500M · Oct 2024](https://millionrounds.com/company/perplexity)[**Chainguard** $140M · Aug 2024](https://millionrounds.com/company/chainguard)[**Qubole** $25M · Nov 2017](https://millionrounds.com/company/qubole) ## Mentioned on podcasts Episodes that name Institutional Venture Partners in their description, not their title. - [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 20 May 2021 · 39 min Shiyan Koh on Choosing Bosses, Learning Acceleration & Building Investor-Founder Trust - E60 With [Shiyan Koh](https://millionrounds.com/person/shiyan-koh) Mentions [Institutional Venture Partners](https://millionrounds.com/fund/institutional-venture-partners) Apple PodcastsShow page - [The Neon Show](https://millionrounds.com/podcasts/neon-show) 28 Jun 2020 · 1h 1m Somesh Dash, IVP on learnings from the crisis of 2002 & 2008 and investing in resilient companies With [Somesh Dash](https://millionrounds.com/person/somesh-dash) Mentions [Institutional Venture Partners](https://millionrounds.com/fund/institutional-venture-partners) Apple Podcasts ## Quick answers about Institutional Venture Partners ### What does Institutional Venture Partners invest in? Institutional Venture Partners invests most often at Growth and Series C (100% of the rounds on record). ### How active is Institutional Venture Partners? 3 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2024. ### What has Institutional Venture Partners invested in recently? Its most recent investments on record: Perplexity (Growth, Oct 2024), Chainguard (Series C, Aug 2024) and Qubole (Undisclosed round, Nov 2017). ### How big are Institutional Venture Partners's cheques? The median round it joins is $140M. ### Is Institutional Venture Partners investing now? No investments in the last 12 months; the latest was in Oct 2024. ### Who does Institutional Venture Partners invest alongside? Most often Lightspeed Venture Partners (2 rounds together). ### What kind of investor is Institutional Venture Partners? Institutional Venture Partners is a VC firm based in United States. ### Has Institutional Venture Partners raised a new fund? Its latest fund filing with the SEC was in Sept 2026, reporting $1.6B raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=institutional-venture-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=institutional-venture-partners)