Ajay Vashee joined IVP in January 2021. He focuses on investing in later-stage, high-growth consumer and enterprise companies, and led IVP’s investment in Figma.
Most recently, Ajay was Chief Financial Officer of Dropbox, where he led the company through its milestone IPO and first several years as a public company. During his tenure, Ajay helped Dropbox scale into one of the world’s largest SaaS businesses—from $45M to nearly $2B in revenue, and from 50 million to more than 600 million users. Over that time, the employee base grew 30-fold, and the company opened offices across North America, Europe, the Middle East, and Asia Pacific. Ajay built the finance, corporate development, and real estate organizations from the ground up, and under his leadership, Dropbox made close to a dozen acquisitions.
Ajay was one of the youngest CFOs of a publicly listed company, and in 2019, was awarded Bay Area CFO of the Year by the San Francisco Business Times for his accomplishments.
Prior to Dropbox, Ajay spent four years at NEA investing in venture and growth-stage technology companies. He began his career as an Analyst in the investment banking division of Morgan Stanley.
Ajay graduated from Columbia University with a B.A. in Economics and Political Science, and a concentration in Art History. In his free time, Ajay enjoys running, building legos with his daughters, and rooting for the Seahawks.