Institutional Venture Partners is a venture capital firm in California that focuses on technology and media companies. Founded 1980 in Menlo Park, California, United States by Reid Dennis, it invests in late stage ventures, private equity, series B-D, and secondary markets. Its portfolio companies include Ksher, HashiCorp, Lyra Health, Zendesk, and Klarna. As of April 2020, IVP has made 286 investments. Their most recent investment was on March 16, 2020, when HashiCorp raised $175M. IVP has had 97 exits, the most notable of which include GitHub, Business Insider, and Twitter. The company has raised six funds, their latest being IVP XVI. This fund was announced on September 26, 2017 and raised a total of $1.5B.