Menlo Park, CA – December 22, 2020 – IVP, a premier later-stage venture capital and growth equity firm, is pleased to announce that Somesh Dash and Tom Loverro have been named on the 2020 GrowthCap’s Top 40 Under 40 Growth Investors List. The list highlighted the most exceptional private capital investors in the growth segment and included two IVP General Partners as top individual performers boasting some of the strongest portfolios in the industry.
“IVP exclusively focuses on investing in high-growth technology companies and partnering closely with talented founders and management teams,” said Somesh Dash, who is ranked #1 on the list this year. “Entrepreneurs come to IVP seeking the expertise to help build their company at the growth stage. It is incredibly rewarding to work with and support companies from their breakout hypergrowth to public company phase.”
“At IVP, we are experts in later-stage growth and help companies in the consumer and enterprise sectors to scale and achieve breakout success,” added Tom Loverro. “I am deeply committed to our portfolio companies and look forward to continuing to partner with remarkable founders and teams to help build enduring companies in the future.“
Since its inception in 1980, IVP has invested in over 400 companies and supported 115 of them through their public offerings. The firm has backed innovative companies such as CrowdStrike, Datadog, Discord, GitHub, Grammarly, HashiCorp, Hopin, Klarna, Robinhood, Slack, Snap, Supercell, Tanium, TransferWise, Twitter, and UiPath and remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams.
About Somesh Dash
Somesh joined IVP in 2005. He led IVP’s investments in Amplitude, Brex, Business Insider, Discord, Dropbox, Expanse, H1, Humu, Klout, Lime, Lyra Health, Pindrop, Pure Storage, Rubrik, SoundCloud, Tanium, Thrive Global, Uber, and Walker & Company, among others. Somesh was recognized by The New York Times and CB Insights in 2019 as one of the top 100 venture capitalists and by GrowthCap as one of the Top 40 Under 40 Growth Investors in 2019. Somesh is currently a member of the Management Board at Stanford University’s Graduate School of Business (GSB), the board of The Tech Interactive, and the Advisory Board of Malaria No More.
Somesh earned a B.S. in Business Administration from the Haas School of Business at the University of California at Berkeley and an M.B.A. from Stanford University. Prior to IVP, he worked for the Corporate Development Division of Sony Entertainment Television (SET) in Mumbai, India, and in the Corporate Finance Division of Credit Suisse’s Technology Investment Banking Group.
About Tom Loverro
Tom joined IVP in 2015. He focuses on investing in later-stage, high-growth consumer and enterprise companies. Tom currently serves as a Board Director or Observer for Attentive, Coinbase, HashiCorp, NerdWallet, and Podium. He was actively involved in sourcing, executing, and managing investments in Amplitude, Datadog (DDOG), GitHub (MSFT), IEX, OnDeck (ONDK), and Tanium. Forbes Magazine recognized Tom as one of venture capital’s up-and-comers by his inclusion in the 2019 Midas Brink List. GrowthCap recognized him as one of the Top 25 Software Investors of 2020 and one of the Top 40 Under 40 Growth Investors in 2019.
Tom holds an M.B.A. from the Kellogg School of Management, where he was an Austin Scholar, and a B.A. from Stanford University, where he graduated with Distinction. He began his career at Goldman Sachs & Co. in technology, media, and telecommunications investment banking. Following Goldman, he joined RRE, a leading early-stage venture firm, based in New York. Tom’s involvement in RRE portfolio company Drobo led to him joining the company full-time for a period where he led Marketing.
With $7 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 400 companies with 115 IPOs. 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), Coinbase, Compass, CrowdStrike (CRWD), Datadog (DDOG), Discord, Dropbox (DBX), GitHub (MSFT), Glossier, Grammarly, HashiCorp, Hims & Hers, HomeAway (AWAY), Hopin, Klarna, LegalZoom, Looker (GOOGL), Marketo (MKTO), MasterClass, Mindbody (Vista), MuleSoft (CRM), Netflix (NFLX), Personal Capital (Empower), Podium, Rubrik, Slack (WORK), Snap (SNAP), Supercell (Tencent), Tanium, TransferWise, Twitter (TWTR), UiPath, Yext (YEXT), ZenDesk (ZEN), ZipRecruiter, and Zynga (ZNGA). For more information, visit ivp.com or follow IVP on Twitter: @ivp.