Institutional Venture Management Xvii, LLC logo

Institutional Venture Management Xvii, LLC

Institutional venture firmSEC venture capital fund adviser· Menlo Park, CaliforniaIVP.COM

Over four decades, IVP has accelerated 400 breakout companies to breakthrough impact. Leverage our unstoppable momentum to your unfair advantage.

In the firm's own words, from its website.

Reported fund assets
$3.7B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
1
Investment team
14
Latest vintage
2023
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (157)Team (29)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

11 additional team members, 51 additional co-investors and affiliates, 151 additional investments, funds and LPs, 10 events, 2 verified contacts (1 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 4 companies
    portfolio raising

    4 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 20 Sep 2026 ($91.6M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  2. 20 deals
    with Sequoia Capital

    Invests most often alongside Sequoia Capital (20 shared deals) and Sapphire Ventures (12 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordCo-investors →

People to know

View all people

Relationship network

212 connected entities2 observed rounds

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Institutional Venture Management Xvii, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Institutional Venture Management Xvii, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

157 companies on record, 1 new in 12 months
Investments on record
157 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Abridgeportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Accompany Health, Inc.portfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Aivenportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Stated thesis versus observed behaviour
151 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (7)Healthcare services (1)
lead rate no observed dealsfollow-on rate 0%new companies, 12 months 1

Team

29 current, 2 departed
Decision makers
who to call first, and why; then everyone else by function
  • Dennis Brian Phelps · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Eric Liaw · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Joseph Sanford Miller · Managing Director
    Why this person: Managing director; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
29 current, 2 departed
2 departed (kept with end dates)
Contacts
1 published business email, 1 firm phone

1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

8 vehicles, 3 LPs disclosed
Funds and vehicles
8 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
BOW Tie Angels - a, L.P.Fund2023 form d first saleActive deployment$5.0M
Mar 28, 2026
11$2.8M
of $2.8M
Jan 26, 2023
IVP Xvii-C, L.PFund2022 form d first saleActive deployment$18.2M
Mar 28, 2026
15$16.1M
of $16.1M
Apr 4, 2022
IVP Xvii-D, L.P.Fund2022 form d first saleActive deployment$12.5M
Mar 28, 2026
14$15.1M
of $15.1M
Apr 26, 2022
Limited partners
3 LPs, 3 disclosed commitments
Known LPs and allocators
4 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California State Teachers' Retirement SystemSTATE RETIREMENT SYSTEMIVP Xvii-C, L.P$100M
committed
reported as of Jun 30, 2025Fact Pension disclosure
Alaska Permanent Fund CorporationSOVEREIGN LINKED US ALLOCATORInstitutional Venture Partners Xvii, L.P.$25.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Massachusetts Pension Reserves Investment Management BoardPUBLIC INSTITUTIONAL POOLInstitutional Venture Partners at Institutional Venture Management Xvii, LLC
amount not disclosed
reported as of Jun 30, 2025Fact Pension disclosure

Relationships across DFX

172 co-investors · on 2 other DFX graphs
Co-investors
172 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 9 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Institutional Venture Management Xvii, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Institutional Venture Management Xvii, LLC sits on 9 traced paths of capital across the graphs.

Allocator to VC fund to manager to companyAllocator commitments to a manager

DFX traced 9 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

15 dated events, 64 observations from 3 sources
Timeline
15 dated events
  1. Mar 28, 2026
    IVP Xvii-F, L.P. first reported on Form ADV by Institutional Venture Management Xvii, LLC (Venture Capital Fund), GAV $10,680,390
    Fund first reported on Form ADVFundsInferenceIVP Xvii-F, L.P.Form ADV
  2. Mar 28, 2026
    IVP Xvii-E, L.P. first reported on Form ADV by Institutional Venture Management Xvii, LLC (Venture Capital Fund), GAV $51,179,840
    Fund first reported on Form ADVFundsInferenceIVP Xvii-E, L.P.Form ADV
  3. Mar 28, 2026
    J. Sanford Miller (Member) no longer on Schedule A of Institutional Venture Management Xvii, LLC
    Person leftPeopleInferenceJ. Sanford MillerForm ADV
  4. Jun 30, 2025
    Mass PRIM lists Institutional Venture Partners among its private equity managers
    LP commitment disclosedLPsFactMassachusetts Pension Reserves Investment Management BoardPension disclosure
  5. Jun 2, 2025
    Illinois TRS lists Institutional Venture Partners among its private equity managers
    LP commitment disclosedLPsFactTeachers' Retirement System of the State of IllinoisPension disclosure
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 28, 2026 · 9 private fundsShow
Headquarters
Menlo Park, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
IVP.COM
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 28, 2026
Private funds reported
9 (9 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$3.8Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Harrick Min Investments LP (Member), owns 10% to 25%; Miller 2020 Dynasty Trust, a Member of Miller 2020 Legacy LLC (Member), owns 75% or more; Miller Hou Holdings LLC (Member), owns 10% to 25%
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $3.7B across 8 vehicles
  2. Sep 12, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $1.9B across 7 vehicles
Evidence
64 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 28, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 28, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 27, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 27, 2024FactForm ADV
First Form ADV filing2020-08-13Mar 28, 2026FactForm ADV
First Form ADV filing2020-08-13Mar 27, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-28Mar 28, 2026FactForm ADV
Latest Form ADV filing2026-03-28Mar 28, 2026FactForm ADV
Latest Form ADV filing2024-03-27Mar 27, 2024FactForm ADV
SEC statusERA - ActiveMar 28, 2026FactForm ADV
SEC status effective2020-08-13Mar 28, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2026FactForm ADV
Venture share of reported funds1Mar 27, 2024FactForm ADV
Business phoneMar 28, 2026FactForm ADV
Business phoneMar 27, 2024FactForm ADV
Contact page urlOct 1, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionOct 1, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
HeadquartersMar 28, 2026FactForm ADV
HeadquartersMar 27, 2024FactForm ADV
Office addressMar 28, 2026FactForm ADV
Office addressMar 27, 2024FactForm ADV
Self-described typeVenture capital
“IVP: Venture capital for the Exceptional”
Oct 1, 2026Factno URL
Self-described typeVenture capital
“IVP: Venture capital for the Exceptional”
Sep 16, 2026Factno URL
Self-described typeVenture capital
“IVP: Venture capital for the Exceptional”
Sep 15, 2026Factno URL
Legal formLimited Liability CompanyMar 28, 2026FactForm ADV
Legal formLimited Liability CompanyMar 27, 2024FactForm ADV
Portfolio pageOct 1, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported9Mar 28, 2026FactForm ADV
Private funds reported9Mar 28, 2026FactForm ADV
Private funds reported7Mar 27, 2024FactForm ADV
Private fund gross assets (reported)$3.8BMar 28, 2026FactForm ADV
Private fund gross assets (reported)$3.8BMar 28, 2026FactForm ADV
Private fund gross assets (reported)$1.9BMar 27, 2024FactForm ADV
Schedule a diffsadiff-1Mar 28, 2026FactForm ADV
Team pageOct 1, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported9Mar 28, 2026FactForm ADV
Venture funds reported9Mar 28, 2026FactForm ADV
Venture funds reported7Mar 27, 2024FactForm ADV
WebsiteMar 28, 2026FactForm ADV
WebsiteMar 27, 2024FactForm ADV
Site titleOct 1, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 10 filing advisers share this firmShow
Importance
77
high
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $3.7B across 8 vehicles

This firm files as 10 advisers on ivp.com: Institutional Venture Management X, LLC, Institutional Venture Management Xi, LLC, Institutional Venture Management Xii,llc and 6 more advisers. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.78 · funds: 0.67 · people: 0.68 · investments: 0.81 · co investors: 0.9
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 8 · reported gav: $3.7B · first adv filing: 2020-08-13 · years since first filing: 6.1

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

1 scored match, best firstas of
  • score 18.7confidence 80%
    Why: activity; cap table

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

3 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-06-30source on record
  • LP commitment disclosed
    2025-06-02source on record
  • Adviser's first ADV filing
    2020-08-13source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.