Menlo Park, CA, April 18, 2017 – IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce that General Partners Dennis Phelps and Todd Chaffee have been named to the prestigious Forbes Midas List of 100 Best Venture Capitalists. The Midas List identifies the venture capitalists who are generating exceptional returns for their investors while helping create the most impactful and valuable companies. Mr. Phelps has been on the Midas List twice before and he is ranked #45 on the list. Mr. Chaffee has been on the Midas List eight times and he is ranked #61 on the list this year. IVP is one of the top performing firms in the venture capital industry with a 36-year IRR of 43.2%. IVP is currently investing IVP XV, a $1.4 billion later-stage venture capital and growth equity fund, and manages $5.4 billion in committed capital. The firm is committed to its focused strategy of investing in rapidly-growing technology and media companies and partnering closely with exceptional management teams.
About Dennis Phelps
Dennis joined IVP in October 2001. He has 22 years of experience in technology-related finance. Dennis has led investments in Advent Software, Casper, Chordiant Software, DoubleVerify, Dropcam, Giphy, Klout, LifeLock, POPSUGAR, Quigo Technologies, Shazam, Snap, SoundCloud, SuccessFactors, SupportSoft, Synchronoss Technologies, The Honest Company, xAd, Yext, Yodlee, and ZEFR. Prior to IVP, Dennis spent several years with Battery Ventures and the Internet Capital Group (ICG). Earlier in his career, Dennis worked in corporate finance with Hambrecht & Quist. Dennis earned a B.A. with honors in Government & Economics from Dartmouth College.
About Todd Chaffee
Mr. Chaffee joined IVP as a Managing Director and General Partner in March 2000. He has more than 25 years of operating and investment experience. Mr. Chaffee has led investments in Akamai, ArcSight, Ariba, Business Insider, Compass, ComScore, CyberSource, Digital River, Domo, Epiphany, Extensity, General Assembly, Hipmunk, HomeAway, Inspirato, Kayak, Klarna, LivingSocial, LoopNet, Mobile 365, Netflix, Nuance Communications, Omniture, Open Market, Pandora, Trintech, Twitter, VeriSign, Verisity, Vessel, Whip Networks, and Yahoo. Prior to IVP, he was Executive Vice President of Visa where his responsibilities included overseeing Visa’s Advanced Technology, Strategic Planning, Corporate Development, and Equity Investment divisions. He was also the President of Visa Marketplace, Inc. and managed Visa’s global technology investment portfolio. Mr. Chaffee earned a B.S. with honors from the University of Minnesota Carlson Business School. He also completed the Stanford Graduate Business School Advanced Management Program and the Harvard Business School Venture Capital Program.
With $5.4 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies, 105 of which have gone public. IVP is one of the top-performing firms in the industry and has a 36-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics (CSCO), Business Insider (Axel Springer), Buddy Media (CRM), Casper, Compass, Datalogix (ORCL), Domo, Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), GitHub, HomeAway (AWAY), The Honest Company, Kayak (PCLN), Klarna, LegalZoom, LifeLock (LOCK), Marketo (MKTO), Mindbody (MB), MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), Personal Capital, Pure Storage (PSTG), Slack, Snap (SNAP), SoFi, Supercell (SoftBank), Synchronoss (SNCR), Tanium, Twitter (TWTR), Yext (YEXT), and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.