IVP

IVP is a late-stage venture capital firm based in Menlo Park, California, investing in information technology and other growth-stage technology companies in North America. With a 40-year history, IVP has partnered with numerous breakout companies to achieve sustainable scale and public offerings, and its portfolio includes notable firms such as Amplitude, Brex, Coinbase, Crowdstrike, Datadog, Discord, Klarna, Slack, Snap, and Twitter. The firm focuses on guiding founders through growth, product, and go-to-market challenges, serving as a strategic partner to help portfolio companies reach their full potential.

Clay Berger

Senior Associate

James Black

Partner

Todd Chaffee

Managing Director and Partner

Christopher Esqueda

Senior Vice President, Finance

Norm Fogelsong

Partner

Past deals in Language Processing

Perplexity

Series D in 2024
Perplexity is an AI-driven search engine platform that combines large language models with traditional search engines. It uses natural language processing (NLP) and generative AI to provide conversational responses, bridging the gap between conventional search engines and interactive AI assistance.

DeepL

Venture Round in 2024
DeepL is a deep learning company that develops artificial intelligence-powered translation software and online services for multilingual communication. Its core products include the DeepL Translator, a neural network-based translation service, and the Linguee app, a bilingual dictionary and contextual search. The platform supports multiple languages, offers integration with third-party applications, adaptive writing suggestions, and secure data processing to protect privacy. DeepL aims to deliver accurate, context-aware translations for individuals and businesses, enabling efficient, natural language communication.

Perplexity

Venture Round in 2024
Perplexity is an AI-driven search engine platform that combines large language models with traditional search engines. It uses natural language processing (NLP) and generative AI to provide conversational responses, bridging the gap between conventional search engines and interactive AI assistance.

Perplexity

Series B in 2024
Perplexity is an AI-driven search engine platform that combines large language models with traditional search engines. It uses natural language processing (NLP) and generative AI to provide conversational responses, bridging the gap between conventional search engines and interactive AI assistance.

DeepL

Venture Round in 2022
DeepL is a deep learning company that develops artificial intelligence-powered translation software and online services for multilingual communication. Its core products include the DeepL Translator, a neural network-based translation service, and the Linguee app, a bilingual dictionary and contextual search. The platform supports multiple languages, offers integration with third-party applications, adaptive writing suggestions, and secure data processing to protect privacy. DeepL aims to deliver accurate, context-aware translations for individuals and businesses, enabling efficient, natural language communication.

Grammarly

Venture Round in 2019
Grammarly is an AI-powered writing assistant that helps users improve grammar, clarity, and tone in real time. Founded in 2009 and based in San Francisco, the company serves individuals and more than 50,000 organizations, offering writing support across a wide range of applications and websites. The platform provides real-time suggestions and style improvements by combining automated language processing with human expertise, helping users communicate more effectively and work more efficiently. Grammarly is used to brainstorm, compose, and enhance communication across various tools and services, enabling clearer messaging and improved productivity for teams and professionals.

Grammarly

Venture Round in 2017
Grammarly is an AI-powered writing assistant that helps users improve grammar, clarity, and tone in real time. Founded in 2009 and based in San Francisco, the company serves individuals and more than 50,000 organizations, offering writing support across a wide range of applications and websites. The platform provides real-time suggestions and style improvements by combining automated language processing with human expertise, helping users communicate more effectively and work more efficiently. Grammarly is used to brainstorm, compose, and enhance communication across various tools and services, enabling clearer messaging and improved productivity for teams and professionals.
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