Todd C. Chaffee joined IVP in March 2000. He focuses on venture capital investments in rapidly growing media, travel, and technology companies. Todd has been recognized by both Forbes and The New York Times as one of the world’s top venture capitalists. He is ranked #6 on the Forbes Midas List of Top 10 Founder VCs and has appeared on every Forbes Midas List for the past nine years. He was also selected for The New York Times List of Top 100 Venture Capitalists in 2016, 2017 and 2018.
Todd has led investments in many high profile companies such as Akamai (AKAM), ArcSight (HPQ), Ariba (ARBA), Coinbase, Compass, ComScore (SCOR), Domo (DOMO), HomeAway (AWAY), Kayak (PCLN), Netflix (NFLX), Nuance (NUAN), Twitter (TWTR), VeriSign (VRSN), and Yahoo (YHOO). He also led investments in AdRoll, Business Insider (Axel Springer), CyberSource (CYBS), Digital River (DRIV), Epiphany (EPNY), General Assembly, Hipmunk (SAP), InphoMatch (SAP), Inspirato, Klarna, LoopNet (CSGP), Mobile 365 (SAP), Mobileway (SAP), Omniture (ADBE), Open Market (OMKT), Pandora (P), Skydio, Trintech (TTPA), Twyla, Verisity (VRST), Vessel (VZ), and Whip Networks. In addition, Todd was the supporting partner for IVP's investments in Advent Software (ADVS), Artisan Components (ARTI), At Road (TRMB), Business.com (DEXO), CafePress (PRSS), Carbonite (CARB), Concur (CNQR), Danger (MSFT), Datalogix (ORCL), Dropcam (GOOG), MarkMonitor (TRI), MINDBODY (MB), Personal Capital, POPSUGAR, Quigo (TWX), Snap (SNAP), SoundCloud, The Honest Company, Tripwire (Thoma Bravo), TuneIn, Websense (WBSN), Yodlee (ENV), ZEFR, and ZipRecruiter.
Prior to IVP, Todd was Executive Vice President of Visa International. His responsibilities included overseeing the Advanced Technology, Strategic Planning, Corporate Development, and Equity Investment divisions for Visa. He was also the President of Visa Marketplace, Inc. (Visa's investment subsidiary) and managed Visa's global technology investment portfolio. Under Todd's leadership, Visa's venture capital operation generated more than $1.2 billion in gains and his investments produced a 32.8x multiple of invested capital with an IRR of 243.4%.
Todd joined Visa in 1994 as Senior Vice President of Advanced Payment Systems. After establishing and growing Visa's highly successful venture capital business, he was promoted to Executive Vice President of Visa International, becoming the youngest Executive Vice President in Visa's history. Prior to Visa, Todd held management positions at Fortune 500 companies such as American Express and TRW Information Systems Group. During his career, he also founded Grand Expeditions, Inc., a global luxury and adventure travel company with revenues in excess of $200 million.
Todd graduated Magna Cum Laude with a B.S. in Business 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.