IVP Closes $1.8 Billion Fund to Back Later-Stage Growth Companies
Palo Alto – May 17, 2021 – Cooley advised IVP, a premier later-stage venture capital and growth equity firm, on the closing of its $1.8 billion IVP XVII fund, which brings its total committed capital to $8.7 billion. Partners John Clendenin and John Dado led the Cooley team advising IVP.
IVP’s track record includes 120 initial public offerings and investments in more than 400 companies since its founding. Several of the venture firm’s portfolio companies have recently gone public in successful IPOs, including Coinbase, Compass, CrowdStrike, Datadog, Hims & Hers, Sumo Logic, The Honest Company and UiPath.
Founded in 1980, IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments.
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.
Cooley has 1,200 lawyers across 17 offices in the United States, Asia and Europe.
Related contacts
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.