IVP
Snapshot
- Founded: 1980
- HQ: Menlo Park, CA
- Stage: Growth / late-stage (Series B/C+; rarely earlier)
- Cap-table conflict status: Verified clean across all 8 Init Intelligence competitors as of 2026-05-05.
Lead deal partners
| Partner | Why fit | Recent thesis-aligned bets |
|---|---|---|
| Cack Wilhelm (GP) | Series A/B B2B + AI/infra/security thesis. Co-led LangChain $125M Series B with Alex Lim (Jan 2025). Most active Series B partner on AI infra side. | LangChain, Cribl, Monte Carlo, Obsidian Security, Venice, Papaya Global, CircleCI |
| Alex Lim (GP, London) | Closest direct enterprise-AI-agent partner. Co-led Wonderful 125M Series B with Wilhelm. London office gives European exposure. | Wonderful (co-lead Series A), LangChain co-lead, Cradle |
| Tom Loverro (GP) | Long-tenured, multi-stage enterprise. Senior partner whose AUTH would matter on a high-conviction round. | Various enterprise + fintech |
Other notable: Karthik Ramakrishnan (applied AI thesis voice).
Stage fit
- Series A capable: rarely directly leading. Canonically Series B/C late-stage. They CAN co-lead Series A on conviction (Wonderful $100M Series A co-lead with Index + Insight) — not a typical pattern.
- Series B+ capable: primary motion. Co-led Baseten Series E 5B post) with CapitalG (Jan 2026), led LangChain 1.6B 18th fund (IVP XVIII, Mar 2024).
Notes
- IVP is on Wonderful’s cap table (Alex Lim co-led Wonderful’s Series A) — Wonderful is expanding into “internal IT support.” Same overlap as Insight Partners.