Institutional Venture Management Xi, LLC

Micro VCpart of Institutional VentureSEC exempt reporting adviserClassification probable· Menlo Park, CaliforniaIVP.COM

Micro VC, based in Menlo Park, California, reporting $10.5M of fund assets across 2 funds.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$10.5M
the adviser's own Form ADV total
New companies, 12 mo
1
Investment team
14
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

5 additional team members, 46 additional co-investors and affiliates, 2 events, 1 verified contact (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. 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 recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Relationship network

43 connected entities

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
  • Capital provider
  • Fund or vehicle
  • Person
›How strength and recency are read

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 Xi, 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 Xi, 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, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
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
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 no observed dealsnew 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
  • Joseph Sanford Miller · Managing Director
    Why this person: Managing director; Named with investment responsibility
  • Norman Arthur Fogelsong · 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
1 departed (kept with end dates)

Contacts

1 firm phone

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

Funds and LPs

2 vehicles, 1 LPs disclosed

Funds and vehicles

2 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Institutional Venture Partners Xi, L.P.FundunknownUnknown$8.5M
Mar 26, 2018
58unknownunknown
Institutional Venture Partners Xi Gmbh & Co. Beteiligungs KgFundunknownUnknown$2.1M
Mar 26, 2018
8unknownunknown

Limited partners

1 LPs, 1 disclosed commitments

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Colorado Public Employees' Retirement AssociationSTATE RETIREMENT SYSTEMInstitutional Venture Partners Xi, L.P.$5.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

172 co-investors · on 1 other DFX graph

Co-investors

172 counted from shared deals, for the whole firm

Compare portfolios with Sequoia Capital, Sapphire Ventures, LLC, Greylock Partners or any firm. Co-investors across the market

Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
Across the graphs

Institutional Venture Management Xi, LLC is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Institutional Venture Management Xi, LLC sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path 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

7 dated events, 0 observations from 1 source

Timeline

7 dated events
  1. Mar 5, 2015
    Melanie Mcnamara Chladek (Cfo) no longer on Schedule A of Institutional Venture Management Xi, LLC
    Person leftPeopleInferenceMelanie Mcnamara ChladekForm ADV
  2. Jan 1, 2015
    Tracy Hogan joined Schedule A of Institutional Venture Management Xi, LLC as Cfo
    Person joinedPeopleFactTracy HoganForm ADV
  3. Oct 1, 2014
    Dennis Brian Phelps joined Schedule A of Institutional Venture Management Xi, LLC as Trustee
    Person joinedPeopleFactDennis Brian PhelpsForm ADV
  4. Mar 23, 2012
    Institutional Venture Partners Xi, L.P. first reported on Form ADV by Institutional Venture Management Xi, LLC (Venture Capital Fund), GAV $236,758,080
    Fund first reported on Form ADVFundsFactInstitutional Venture Partners Xi, L.P.Form ADV
  5. Mar 23, 2012
    Institutional Venture Partners Xi Gmbh & Co. Beteiligungs Kg first reported on Form ADV by Institutional Venture Management Xi, LLC (Venture Capital Fund), GAV $37,140,470

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2018 · 2 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
unknown
Latest Form ADV
Mar 26, 2018
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$10.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Reid W./margaret E. Dennis (Trustee); Norman A./jill M. Fogelsong (Trustee); Dennis B. Phelps, Jr. Revocable Trust (Member), owns 10% to 25%

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Micro VC (probable, 80%)
    Venture manager, reported GAV $10.5M across 2 vehicles

Evidence

22 observations from 1 source
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeExempt reporting adviserMar 26, 2018FactForm ADV
First Form ADV filing2012-03-23Mar 26, 2018FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2018-03-26Mar 26, 2018FactForm ADV
Venture share of reported funds1Mar 26, 2018FactForm ADV
Business phoneMar 26, 2018FactForm ADV
HeadquartersMar 26, 2018FactForm ADV
Office addressMar 26, 2018FactForm ADV
Legal formLimited Liability CompanyMar 26, 2018FactForm ADV
Private funds reported2Mar 26, 2018FactForm ADV
Private fund gross assets (reported)$10.5MMar 26, 2018FactForm ADV
Venture funds reported2Mar 26, 2018FactForm ADV
WebsiteMar 26, 2018FactForm ADV
How this is scored
Scores, classification basis and filing advisersMicro VC, probable · 10 filing advisers share this firmShow
Importance
6
low
Active deployment
0
low
Emerging
0
low
Freshness
89
high
Micro VC · probableSEC exempt reporting adviser

Venture manager, reported GAV $10.5M across 2 vehicles

One of 10 advisers that share ivp.com; the firm is Institutional Venture. Institutional Venture Management Xvii, LLC, Institutional Venture Management X, 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: 0.01 · funds: 0.17 · people: 0.24 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 2 · reported gav: $10.5M · first adv filing: 2012-03-23 · years since first filing: 14.5

Fits, record history and connections

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

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Grouped with firm
    2026-09-12
  • Adviser's first ADV filing
    2012-03-23source 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.

Not yet on record: latest vintage.