DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Institutional Venture Management Xviii, LLC
Institutional Venture Management Xviii, LLC
Institutional venture firmMenlo Park, CAivp.comSEC venture capital fund adviserpart of Institutional Venture
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 Xi, LLC, Institutional Venture Management Xii,llc, Institutional Venture Management Xiii, LLC, Institutional Venture Management Xiv, LLC, Institutional Venture Management Xv, LLC, Institutional Venture Management Xvi, LLC, Institutional Venture Partners Uk LLP. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
venture manager, reported GAV $1,627M across 3 vehicles
Importance
37
elevated
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
98
high
Research priority
15
moderate
Identity and regulatory footprint
- Headquarters
- Menlo Park, CAadviserinfo.sec.gov
- Office address
- 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, Menlo Park, CA, 94025adviserinfo.sec.gov
- Business phone
- 650 854 0132adviserinfo.sec.gov
- Website
- https://www.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
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Jules Maltz and Kelly Greenwood Family Trust (Member), B; Harrick Min Investments LP (Member), B; Dennis B. Phelps, Jr. Revocable Trust (Member), A; 2005 Harrick Min Family Trust (Limited Partner), E; Wilhelm Family Trust (Member), A; Vashee Family Living Trust (Member), A; Loverro Family Trust (Member), B; Green Coconuts Revocable Trust (Member), B; Dash Revocable Trust (Member), B
- business phone
- 650 854 0132adviserinfo.sec.govpublished by the subject
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
Sectors: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| IVP Executive Fund Xviii, LLC | Fund | 2024 adv first reported | Early deployment | $21.1M Mar 27, 2024 | 59 | $0 | Oct 6, 2023 |
| Institutional Venture Partners Xviii-P, L.P. | Fund | 2024 adv first reported | Early deployment | $6.0M Mar 27, 2024 | 14 | $0 | May 25, 2023 |
| Institutional Venture Partners Xviii, L.P. | Fund | 2022 form d first sale | Active deployment | $1.6B Mar 27, 2024 | 127 | $1.6B of $1.6B | Mar 20, 2024 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
27 current, 1 departed
Ajay V. Vashee/ Sheila a. Vashee
Board or advisoryTrustee · since Feb 1, 2024
Catherine Wilhelm/douglas Robert Wilhelm
Board or advisoryTrustee · since Feb 1, 2024
Dennis Brian Phelps
Board or advisoryTrustee · since Oct 1, 2022
Eric Liaw/c. Liaw
Board or advisoryTrustee · since Oct 1, 2022
Jules Maltz/kelly Greenwood
Board or advisoryTrustee · since Oct 1, 2022
Somesh/nidh Dash Dash
Board or advisoryTrustee · since Oct 1, 2022
Stephen J. Harrick/jennifer U. Min
Board or advisoryTrustee · since Oct 1, 2022
Thomas J. Loverro/sally a. Loverro
Board or advisoryTrustee · since Oct 1, 2022
Ajay Vijaykumar Vashee
PartnerManaging Director · since Oct 1, 2022
Ajay Vijaykumar Vashee
PartnerManaging Director · since Oct 1, 2022
Catherine Mcgregor Ferrell
PartnerManaging Director · since Oct 1, 2022
Catherine Mcgregor Ferrell
PartnerManaging Director · since Oct 1, 2022
Dennis Brian Phelps
PartnerManaging Director · since Oct 1, 2022
Eric Liaw
PartnerManaging Director · since Oct 1, 2022
Eric Liaw
PartnerManaging Director · since Oct 1, 2022
Joseph Sanford Miller
PartnerManaging Director · since Oct 1, 2022
Joseph Sanford Miller
PartnerManaging Director · since Oct 1, 2022
Jules Andrew Maltz
PartnerManaging Director · since Oct 1, 2022
Jules Andrew Maltz
PartnerManaging Director · since Oct 1, 2022
Somesh Dash
PartnerManaging Director · since Oct 1, 2022
Somesh Dash
PartnerManaging Director · since Oct 1, 2022
Stephen James Harrick
PartnerManaging Director · since Oct 1, 2022
Stephen James Harrick
PartnerManaging Director · since Oct 1, 2022
Thomas Joseph Loverro
PartnerManaging Director · since Oct 1, 2022
Thomas Joseph Loverro
PartnerManaging Director · since Oct 1, 2022
Leslie Stolper
Platform and operationsCco · since Dec 1, 2023
Leslie Stolper
Platform and operationsCco · since Dec 1, 2023
1 departed (kept with end dates)
- Tracy Hogan · Cfo · Oct 1, 2022 to Mar 28, 2026 Fact
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
40 relationships from shared deals, counted for the whole firm
Sapphire Ventures, LLC 12 shared · very strongIndex Ventures Sa 9 shared · very strongGlynn Capital Management, LLC 7 shared · strongMastry 6 shared · strongAlpha Partners Management, LLC 6 shared · strongAlkeon Capital Management, LLC 6 shared · strongNext Legacy Management, LLC 5 shared · strongPA Capital Management LLC 5 shared · strong137 Ventures Management, LLC 5 shared · strongG Squared Equity LLC 5 shared · strongFirstmark Capital, LLC 4 shared · strongManhattan West Asset Management, LLC 4 shared · strongMillennium Technology Value Partners 4 shared · strongMenlo Ventures 4 shared · strongHOF Capital 4 shared · strongKhosla Ventures, LLC 3 shared · recurringUnion Square Ventures 3 shared · recurringChemistry Ventures Management, LLC 3 shared · recurringCRV, LLC 3 shared · recurringMadrona Venture Group, LLC 3 shared · recurringWebb Investment Network Management, LLC 3 shared · recurringInterplay Ventures Early Stage Management LLC 3 shared · recurringDAG Ventures 3 shared · recurringDCVC 3 shared · recurringInnovation Endeavors: Reimagining the technical frontier 3 shared · recurringPropel Venture Partners Management Co. 3 shared · recurringAIX Ventures LLC 3 shared · recurringSouth Park Commons Management 3 shared · recurringCNK Equity Partners I, LLC 3 shared · recurringValor Growth Management LLC 3 shared · recurringCross Creek Advisors, LLC 3 shared · recurringCollaborative Fund Management LLC 3 shared · recurringBling Capital LLC 3 shared · recurringScribble Ventures Management, LLC 3 shared · recurringCoatue Management, L.L.C. 2 shared · recurringFactorial Funds Management LLC 2 shared · recurringAccess Ventures 2 shared · recurringTransform Capital 2 shared · recurringLerer Hippeau Ventures Management, LLC 2 shared · recurringA-Star Partners, LLC 2 shared · recurring
Limited partners
2 disclosed
Timeline
7 dated events
- Mar 27, 2024Institutional Venture Partners Xviii-P, L.P. first reported on Form ADV by Institutional Venture Management Xviii, LLC (Venture Capital Fund), GAV $6,040,000Fund first reported on Form ADVFundsFactInstitutional Venture Partners Xviii-P, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2024IVP Executive Fund Xviii, LLC first reported on Form ADV by Institutional Venture Management Xviii, LLC (Venture Capital Fund), GAV $21,075,000Fund first reported on Form ADVFundsFactIVP Executive Fund Xviii, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2024Ajay V. Vashee/ Sheila a. Vashee joined Schedule A of Institutional Venture Management Xviii, LLC as Trustee
- Feb 1, 2024Catherine Wilhelm/douglas Robert Wilhelm joined Schedule A of Institutional Venture Management Xviii, LLC as Trustee
- Dec 1, 2023Leslie Stolper joined Schedule A of Institutional Venture Management Xviii, LLC as Cco
- Dec 1, 2022Institutional Venture Management Xviii, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 1, 2022Institutional Venture Partners Xviii, L.P. first reported on Form ADV by Institutional Venture Management Xviii, LLC (Venture Capital Fund), GAV $260,309,000Fund first reported on Form ADVFundsFactInstitutional Venture Partners Xviii, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $1,627M across 3 vehicles
Evidence
32 observations from 3 sources