Menlo Park, CA – August 30, 2021 – IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce two new additions to its investment team. Shreyas Garg and Joanne Shang join IVP from Morgan Stanley, bringing investment banking and operational experience to the firm and will focus on identifying and evaluating later-stage, high-growth enterprise and consumer technology investments.
“We continue to expand our team with exceptional talent and Shreyas and Joanne are fantastic additions to IVP,” said Eric Liaw, General Partner. “We are incredibly impressed with their passion for both the venture capital industry and growth-stage technology companies. We are delighted to welcome them to the firm.”
Prior to joining IVP, Shreyas worked in Morgan Stanley’s Global Technology Investment Banking group in Menlo Park, CA, advising clients across the consumer Internet, enterprise software, and hardware sectors. He worked on Asana’s Direct Listing, Xilinx’s $35 billion sale to AMD, Poshmark’s IPO, and Confluent’s IPO, among others. Shreyas graduated with honors from Princeton University, where he earned a B.S.E in Computer Science with a certificate in finance.
Before joining IVP, Joanne was a member of Morgan Stanley’s Global Technology Investment Banking group. At Morgan Stanley, she worked on a variety of IPO, M&A, and financing transactions across the software, consumer internet, semiconductor, and hardware sectors. Joanne also worked in digital product management at direct-to-consumer food company Daily Harvest, leading projects across user research and customer journey mapping. Joanne graduated Phi Beta Kappa from Stanford University, where she earned a B.A. with Distinction in Economics and M.S. in Management Science & Engineering with a concentration in Technology and Engineering Management.
With $8.7 billion in committed capital, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams. Since its inception in 1980, IVP has invested in over 400 companies, 125 of which have gone public. Ten of its portfolio companies, including Coinbase and UiPath, made their public market debuts in 2021, and five others are scheduled to complete their IPOs by the end of the year. IVP is typically serving as a lead investor in later-stage rounds with equity investments ranging in size from $10 to $150 million.
Founded in 1980, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. IVP has invested in over 400 companies, 125 of which have gone public. IVP is one of the top-performing firms in the industry and has a 40-year IRR of 43.1%. 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), Attentive, Brex, Coinbase (COIN), Compass (COMP), CrowdStrike (CRWD), Datadog (DDOG), Discord, Dropbox (DBX), GitHub (MSFT), Glossier, Grammarly, HashiCorp, Hims & Hers (HIMS), Hopin, Klarna, LegalZoom (LZ), Looker (GOOGL), Marketo (MKTO), MasterClass, Mindbody (MB), MuleSoft (CRM), Netflix (NFLX), Niantic, Podium, Robinhood (HOOD), Rubrik, Slack (WORK), Snap (SNAP), Supercell (Tencent), Tanium, Twitter (TWTR), UiPath (PATH), Wise (WISE), ZipRecruiter (ZIP), and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.