IVP

Baseten is the best platform for AI-native products to run inference at scale: it can be deployed in their cloud or yours, supports custom models or off-the-shelf ones like DeepSeek, and can seamlessly scale from internal testing to serving models across your customer base. If you’re building in AI, Baseten is the product for you, and companies like Abridge, Gamma, Writer, Zed, and Cartesia all agree. Baseten's growth has been incredible and we at IVP are thrilled to expand our partnership and co-lead the C after also co-leading the B. Excited to continue the journey with existing friends at Spark, Conviction, and Greylock, and new friends at 01 Advisors.  Cheers to Tuhin, Amir, Philip, and the entire Baseten team on this milestone - special people building a special company. And they are most certainly hiring.

The future of AI in healthcare is bright! Since our initial partnership in 2023, Shivdev Rao’s Abridge has been moving at warp speed towards its mission of redefining the role of AI in healthcare and ushering in dramatic leaps to physician efficiency. 𝐓𝐨𝐝𝐚𝐲, 𝐀𝐛𝐫𝐢𝐝𝐠𝐞 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 𝐢𝐭𝐬 𝐒𝐞𝐫𝐢𝐞𝐬 𝐃, 𝐜𝐨-𝐥𝐞𝐝 𝐛𝐲 IVP 𝐚𝐧𝐝 Elad Gil Also announced today: the Contextual Reasoning Engine, designed to generate compliant, billable notes at the point of care. Abridge started out by tackling one of the top causes of physician burnout: the huge amount of time spent on documentation (up to 50% of their day dedicated to taking notes, summarizing those notes, and putting them into electronic medical records). Now, they’re helping save billions of dollars and dramatically reduce the hours upon hours that patients, clinicians and health systems spend navigating the claims process. 𝐌𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞 𝐟𝐨𝐫 𝐀𝐛𝐫𝐢𝐝𝐠𝐞: With deployment in more than 100 enterprise health systems to-date, Abridge has no plans to slow down in 2025. Just last month, Kaiser Permanente made Abridge available to providers across its 40 hospitals and over 600 medical offices — healthcare’s largest generative AI project to-date.  With the launch of the Contextual Reasoning Engine, healthcare providers will be able to: ☑️ Generate compliant, billable documentation at the point of care  ☑️ Get automatic suggestions for appropriate billing codes based on diagnoses ☑️ Surface actionable, care-oriented outputs like medical orders  ☑️ Reduce billing documentation queries and cut down on the time between care and claim approval Congratulations to Shiv and the entire Abridge team. Excited to continue this incredible journey alongside you!

I love Brian Dyson’s “juggling five balls” analogy: work is a rubber ball that bounces back, but health, family, and well-being are fragile crystal balls that can’t be dropped. When scaling global companies, Somesh Dash and I learned that the key is recognizing which moments are the crystal balls and giving ourselves grace for the rest. IVP’s Undaunted Series explores embracing the unpredictable and redefining success on our own terms. Watch the full episode here: https://lnkd.in/gTuWQSee #Health #Family #Work #Success

Arianna Huffington’s story is a powerful reminder that resilience fuels success. Her second book was rejected 37 times before it was finally published — now, she’s leading Thrive Global and redefining well-being at work. As founders, leaders, and investors, we talk a lot about wins. But what about the setbacks that shape us? The lessons that aren’t taught? I've learned that the strongest founders embrace risk and learn from failure — knowing that every challenge is a chance to adapt, refine, and build something better. Grateful to have Arianna kick off IVP’s new Undaunted Series. Watch our full conversation here: https://lnkd.in/gUDcbYXU

One of the world’s leading GTM experts is joining IVP to supercharge enterprise sales for our portfolio. Please welcome Kevin Egan to IVP as a venture partner. We’ve worked with Kevin for over a decade — and gotten to see his enterprise GTM leadership firsthand at our portfolio companies Dropbox and Slack. Kevin spent his entire career one step ahead of the tech curve.  He joined Salesforce in 2002 — two years before its IPO — and stayed on board for over a decade through the company’s exponential growth. He founded and led the first enterprise sales teams at Dropbox and Slack. Most recently, he scaled Atlassian’s sales team, building on their devoted following of developers to expand their PLG motion farther into the enterprise. 𝐎𝐮𝐫 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐧𝐞𝐞𝐝 𝐊𝐞𝐯𝐢𝐧’𝐬 𝐞𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞 𝐧𝐨𝐰 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐞𝐯𝐞𝐫: Many of our portfolio companies are at a critical inflection point: they’ve reached product-market fit and are inundated with organic traction. Now it’s time for them to 50x that growth, scaling from tens of millions on the path to $1B ARR. As someone who’s led enterprise sales across multiple products for paradigm-changing tech companies that hit the $1B ARR mark, Kevin is uniquely positioned to help current and future portfolio companies uplevel their GTM strategy and teams. Welcome, Kevin! We can’t wait to continue our decade-plus partnership… this time as colleagues. More from Melia Russell here: https://lnkd.in/gWhZYaxt

Eric Liaw has been a standout investor at IVP since he joined in 2011. His inclusion in this year’s Forbes Midas List Europe is a testament to his relentless dedication and strategic expertise in partnering with companies like Datadog, DeepL, Dream Games and UiPath. Eric’s investing journey in Europe started in 2013 with IVP’s investment in Supercell and his deep understanding of the ecosystem led him to make the bold decision to move from Silicon Valley to London in 2023 to establish IVP’s European office. He has always approached his work with precision, care and — as anyone who knows him can attest — great comedic timing. Over the past decade, Eric has traversed continents and time zones to support ambitious European founders, helping them scale from their earliest stages to IPO and beyond. His accomplishments, like UiPath’s growth to IPO, building inroads with DeepL and believing in Dream Games, underscore his commitment to excellence and his ability to deliver results. Congratulations to Eric on this well-deserved recognition 👏 https://lnkd.in/dvNGzCEE

360 billion emails are sent every day and each one is a potential risk. With attackers increasingly leveraging AI to launch phishing campaigns at scale, email security tools need to evolve. Sublime Security is leading the way with an adaptive, AI-powered platform that empowers IT teams to stay ahead of emerging threats. We’re leading Sublime Security’s $60M Series B to accelerate its mission of transforming email security for the AI era. Learn more about why we believe: https://lnkd.in/gMzJQEtp

Caregiving is essential, but the tools supporting it are outdated. Many elder care facilities still rely on call bells and pull cords—inefficient systems that leave caregivers without crucial context and residents waiting too long for assistance. With the over-75 population set to double by 2030, the need for better solutions is urgent. That’s why IVP is partnering with Sage and leading their $35M Series B. Sage’s platform combines room sensors and a caregiver app to provide faster response times, better data and more transparency for families. It supports residents, caregivers and management alike, transforming elder care for a future that sorely needs it. Read more about our partnership here: https://lnkd.in/gQkChrsA

Congratulations to Yuri Lee and Cynthia Kuo on being named to Business Insider’s Rising Stars of Venture Capital! Yuri’s creativity and determination are evident in everything she does, from building strong relationships with founders to exploring untapped opportunities at the intersection of AI and healthcare to designing a popular video game. Cynthia’s sharp instincts and strategic focus shine through in her investments, like helping shape IVP’s partnerships with Perplexity and Glean. Her deep thematic research, paired with relentless curiosity, demonstrates her commitment to uncovering the best opportunities. Well done, Yuri and Cynthia! 🎉 https://lnkd.in/gEZPn58f

When Yuri Lee joined IVP, her unique background and perspective immediately stood out. Having navigated the challenges of building a new life as an immigrant, Yuri brings a deep appreciation for perseverance, adaptability, and bold ambition—qualities that resonate in her work with founders. That perspective drives Yuri as she partners with visionary entrepreneurs to bring transformative ideas to life. Being named to Forbes 30 Under 30 is a recognition of her impact, from partnering with Abridge to transform healthcare to working with companies like Discord and Accompany Health. Congratulations, Yuri, on this well-deserved recognition! 👏 https://lnkd.in/gWvEyYqJ