IVP Raises $1.8 Billion Fund for Growth-Stage Startups

  • Firm backs Coinbase, Robinhood, Discord, UiPath, Compass
  • IVP says it has had 120 portfolio companies go public
Eric LiawSource: IVP
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Venture firm IVP, which invests in startups such as Robinhood Markets Inc. and Discord Inc., said it has raised $1.8 billion for growth-stage deals.

The new IVP XVII fund tops the firm’s last $1.5 billion vehicle, bringing its total committed capital to $8.7 billion.