IVP

We’ve raised our $150 Million Series B round at a $2 Billion valuation. Our investors @insightpartners , @IndexVentures , @IVP, @BessemerVP, and @VineVenturesLP are all tripling down on their conviction in Wonderful’s platform and hyper-local operating model, as we continue deploying production-grade agents across our growing customer base in 30+ countries. And, we’re hiring globally (a lot): Wonderful.ai

Had a great chat with @hwchase17 at @LangChain's first all-company offsite. We got into something I think every scaling founder needs to hear. An astute LangChain employee asked: “Isn't shipping quickly at odds with craftsmanship and product quality?” My counterintuitive answer: No—speed to customer hands improves quality. The sooner users touch your product, the sooner you know if you're building the right thing and the sooner you find bugs. Quality comes from contact with reality, not longer internal bake times. Playing it safe can actually kill product quality at growing companies. Teams keep iterating on fixes and small features internally, but nothing ships for months and the really big, new roadmap item gets bogged down in red tape and death-by-committee. We saw this firsthand at @coinbase . After the 2017 crypto boom, product velocity stalled in 2018 as headcount grew quickly and the company focused on infrastructure (eg, keeping the site up and ready for scale) and navigating regulatory ambiguity (eg, avoiding all risk). It took @brian_armstrong and @balajis cutting through the red tape to get back to shipping. Whenever they were told something would take 6 months or “is not possible” they kept asking “Why?” until they found the root cause. Turned out customers cared more about having new tokens to trade than the 6th nine of uptime. For Series B founders, the #1 thing to protect as you scale is product velocity on legit new product (not just iterating existing features). Growth brings bureaucracy. Your job is to cut through it.

Presentations are one of the most important ways we communicate at work; they also take an inordinate amount of time and resources to create. (Personal note: I have gotten so bad and slow at the process of making slide presentations and memos over the years as my i-banking skills fade into oblivion…) That’s why we at @IVP partnered with @GammaApp, which will help teams think more and format less. @thisisgrantlee lived slide deck problems firsthand, watching great ideas get diluted by bad tools and slow builds in Google Slides. Rather than accept the friction as inevitable, @thisisgrantlee, @jamisonfox and @thatsjonsense decided to rebuild the workflow from the ground up with Gamma. With Gamma’s AI presentation design tools, content is always the user’s primary focus. You can stop tinkering and spend more time making your thoughts more compelling. Just clear thinking turned into polished storytelling, every time. Slides? Document? PDF? Gorgeous website? Yes to all! Without any additional work. Read more about our investment in @GammaApp here: ivp.com/content/gamma-…

Most slide decks slow teams down; @GammaApp does the opposite. By removing the friction of formatting and putting ideas first, Gamma helps teams communicate clearly and move faster. More about our investment in Gamma: ivp.com/content/gamma-…

🔥 𝗚𝗲𝗻𝗟𝗼𝗴𝘀 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 $𝟲𝟬 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 One year ago today, we announced our Series A. Since then, we have seen 𝟭𝟰𝘅 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 and now serve ~100 carriers, freight brokers, shippers, insurance companies, ports, and law enforcement orgs with our 𝗧𝗿𝘂𝗰𝗸 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲™ platform. We are the trusted source of ground truth in the trucking industry, and each day our nationwide network of sensors helps combat fraud, recover assets, source quality carriers, and unveil shipper lanes. 𝗕𝘂𝘁 𝗰𝗮𝗺𝗲𝗿𝗮𝘀 𝘄𝗲𝗿𝗲 𝗷𝘂𝘀𝘁 𝘁𝗵𝗲 𝗯𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴... GenLogs is now leveraging satellites, IoT devices, financial streams, and open-source datasets to expand the scope and scale of our market insights. We are taking the U.S. Intelligence Community's playbook and applying it to the trucking industry to keep the bad actors out so the good guys can flourish. 𝗪𝗲 𝗮𝗿𝗲 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘂𝗻𝗯𝗿𝗲𝗮𝗸𝗮𝗯𝗹𝗲 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻𝘀 𝗶𝗻 𝗼𝗿𝗱𝗲𝗿 𝘁𝗼 𝗺𝗮𝗸𝗲 𝗼𝘂𝗿 𝘄𝗼𝗿𝗹𝗱 𝘀𝗮𝗳𝗲𝗿 𝗮𝗻𝗱 𝘀𝘁𝗿𝗼𝗻𝗴𝗲𝗿! Check out the video in the comments 👇

BIG NEWS: We’ve formally agreed to acquire @Capterra, @SoftwareAdvice, and @GetApp from @Gartner_inc! 🎉 By uniting four of the top B2B software review platforms, we’re building the data foundation for B2B software in the age of AI while simplifying the journey for buyers and fueling growth for sellers. 💪 What does that look like? 👀Check out the full story from our CEO here: company.g2.com/news/g2-acquir…

We’re thrilled to announce that we have raised $300M at a $5B valuation. The round is led by IVP and CapitalG, both doubling down on their investment in Baseten, and joined by 01A, Altimeter, Battery Ventures, BOND, BoxGroup, Blackbird Ventures, Conviction, Greylock, and NVIDIA. Read more here: baseten.co/blog/announcin…

I’ve been in venture capital for ~2 decades and have sat on many boards, and I’ve never seen the kind of transformation @PodiumHQ just engineered: Annual cash burn went from $95M to $0. AI ARR went $0M to $100M — in 21 months. Here’s what happened… @PodiumHQ had built a communications product for small businesses. It worked, but coming out of the ZIRP era, growth was flattening. We were at a critical moment, Pre-ChatGPT: Was the product a nice-to-have or a need-to-have? It was a problem that needed solving. @ericwilliamrea went into Founder Mode to create a clear need-to-have product. Experimenting with AI in 2023 wasn’t controversial. But as board members, we weren’t sure the product would work or the revenue would stick. Would all of these customers churn? Then @PodiumHQ management made the call: invest more time and money into R&D before hyping the product or going big on GTM. In the first three months, something was clearly different. We’d launched plenty of products before. Nothing had ever taken off this fast. As board members, we wondered (as board members tend to do): was there a catch? Nope. And another three months in, still no catch. Just real value. And now, here we are, 21 months later and AI agent ARR rocketed from $0 to $100M, our overall ARR growth rate is way up and @PodiumHQ has gone from burning $95M a year to $0M. That “AI chatbot” experiment became @PodiumHQ's top employee, singlehandedly driving $100M in ARR. His name is Jerry. Jerry is a customer service agent for auto, home services & wellness businesses. Customers often walk in asking to speak with him. He has hundreds of 5-star Google reviews. He even won “Employee of the Month” 😅Why? Jerry answers text/voice 24/7/365 within ~30 secs. Customers using @PodiumHQ’s Jerry 2.0 are seeing a 30% revenue lift.🚀 Not to mention…Jerry 2.0 can be coached up to any subject in ~60 seconds. I couldn’t be more impressed with CEO @ericwilliamrea and the @PodiumHQ team, who understood that the qualities that make a great AI agent are the same as those that make a great human employee: Knowing the job, industry and playbook, can be coached and work tirelessly. No wonder @OpenAI made Jerry 2.0 a case study: Zero to $100M ARR in 21 months, in > 10,000 customer locations. I’ve watched this go from early conviction to undeniable traction. The market is voting. Find the @OpenAI case study here: openai.com/index/podium /END

We just crossed $100M in AI agent ARR in under 24 months. Not because of a viral launch or AI hype. But because of a crazy bet we made in 2023. At the end of 2023, over 60k local businesses were using @PodiumHQ to centralize their leads and customer communication into one platform. It’s a great product. Customers convert more leads and make more money with it. But one reality became impossible to ignore: Our customers’ biggest constraint isn’t software. It’s staffing. → 75% annual turnover → 30% of leads come after hours → Every missed call can be $20,000+ in lost revenue Business owners don’t care about software. They care about making money. And the best software in the world doesn’t matter if there aren’t enough people to run it. So we built Jerry, the perfect user of our own platform. Not a chatbot. An AI employee that uses Podium to: - Qualify and schedule every lead - Handle objections and follow up - Learn through natural-language coaching - Work 24/7 Demos are easy. Real AI employees are not. To work in the real world, AI has to think, act, understand context, and use tools. It has to handle thousands of edge cases every day. It has to be coachable. Like a human. That leap is enormous. Agents aren’t a feature. They’re the foundation. That’s why we rebuilt Podium as an AI-first system of agents. Today: - 10,000+ AI agents live in production - AI now outperforms humans in many jobs - $100M+ in AI agent ARR, and accelerating This is still day one. The future isn’t software. It's AI employees that do the work and unlock growth for businesses. We’re early in building what we believe will become the most impactful AI employee ecosystem for the $3T SMB market. We’ve seen 300% year-over-year AI revenue growth and we’re just getting started.

A new consumer behavior is taking shape: people are trading what they believe. @Kalshi has shown how large this market can be. Across elections, sports, economics, and culture... More on why we believe → ivp.com/content/kalshi…

“If people have lost faith in themselves, it’s our job to build them back.”  I love this from @someshdash, @IVP partner and member of Thrive Global’s board, who shared these remarks during our @Thrive Global team offsite. As he said, “Sometimes the greatest failures actually don’t come externally, they come internally.”

AI agents that understand language, culture, and regulation will define the next era of enterprise software. That’s why IVP - led by our European team @alexlimbovc, @eliaw, and Jimena Nowack - is partnering with Wonderful. More here: ivp.com/content/wonder…

We’re excited to announce that Sublime has raised $150M in a Series C led by @Georgian_io, joined by new investors @Avenir_Growth, @01Advisors, @jonoberheide, and @nicoleperlroth, and existing investors @IndexVentures, @IVP, @slow, and @CitiVentures. This year we launched ASA and ADÉ, our AI agents that autonomously triage threats and auto-adapt coverage, freeing security teams from repetitive work and delivering rapid, tailored defenses. We’ve grown our customer base 4x since the beginning of the year while maintaining zero enterprise customer churn since company inception. This funding accelerates our vision to deliver autonomous email security that adapts to each organization's unique needs, stopping sophisticated attacks while eliminating the manual work and vendor bottlenecks of legacy solutions. Thank you to our customers, partners, and investors for being on this journey with us. 🔗 Read more: sublime.security/blog/sublime-r…

This week, Baseten's model performance team unlocked the fastest TPS and TTFT for gpt-oss 120b on @nvidia hardware. When gpt-oss launched we sprinted to offer it at 450 TPS... now we've exceeded 650 TPS and 0.11 sec TTFT... and we'll keep working to keep raising the bar. We are proud to offer the best E2E latency available with near-limitless scale, incredible performance, and the highest uptime 99.99%.

IVP is investing in @langchain because it’s a category-defining platform for AI agents — and because of the founders building it. Over the past two years, we’ve gotten to know @hwchase17 and @ankush_gola11, who together have built something rare: a developer platform that’s both beloved by the open source community and commercially strong in the enterprise. They’ve galvanized thousands of developers while scaling to serve a third of the Fortune 500. Their approach is simple yet powerful — listen deeply, ship quickly, and build what customers need, just before they realize they need it. It’s the same quality we’ve seen in founders such as Datadog’s @oliveur, CrowdStrike’s @George_Kurtz and HashiCorp’s @mitchellh and @armon. LangChain’s evolution — from the original framework to LangGraph and LangSmith — reflects that same instinct and timing. Harrison and Ankush are not only defining the category of agent engineering, they’re shaping how developers build the next generation of intelligent applications. That’s why @IVP is leading LangChain’s $125M Series B. Read more about the Series B by @sharongoldman in @FortuneMagazine: fortune.com/2025/10/20/exc… 📷 from the LangChain offices with Harrison, Ankush and a special guest.

Thrilled to announce our Series B today which at a $1.25B valuation. Huge thank you to @tomloverro and the team at @IVP for leading this round, with participation from Alphabet’s @CapitalG and @SapphireVC and continued support from @sequoia, @benchmark and @AmplifyPartners It’s been a privilege to see the company grow and evolve over the past three years from humble beginnings as a single open source package into a suite of products providing the backbone of how teams build, scale, observe, and test LLM applications. In addition to our open source offerings, I'm personally excited about how far LangSmith has come as a product. The journey of scaling the platform into one that can serve mission-critical AI workloads has been one full of hard work and often late-night debugging sessions. Each challenge made our product better and our team sharper. This milestone is just the beginning. I’m incredibly energized to take LangChain to the next level with amazing team; scaling our platform, growing our offerings and pushing the boundaries of what’s possible with agents.

We raised $125M to build the platform for agent engineering. Thank you to our investors (@IVP, @sequoia, @benchmark, @AmplifyPartners, @SapphireVC, @CapitalG, and more) for their belief in us, and to our customers like @Replit, @clay, @TrustVanta, @Cloudflare, @Rippling, @Cisco, @Workday, and many more for their trust. Read more here about what this means for the future of building agents: blog.langchain.com/series-b/?utm_…

Agents are the new interface for enterprise AI. And developers need infrastructure built for this new reality. That’s why we led @langchain’s $125M Series B — the platform for building, testing and deploying AI agents at scale. ivp.com/content/langch…

Excited to announce series C financing extension and expansion of the leadership team at ClickHouse! clickhouse.com/blog/clickhous… We passed 2,000 customers and more than quadrupled ARR over the past year, adding companies like Anthropic, Cyera, Hewlett Packard Enterprise, Insider, LangChain, Laravel, Masorange, Meta, Qualified, Shopmonkey, Sierra, Supabase, Vercel, Weights & Biases, and many more to the list of organizations building their AI-powered businesses on top of ClickHouse. Many thanks to our new investors: @CitiVentures (@vibhorrastogi), @insightpartners (John Wolff), @peakxvpartners (Shailendra Singh), @FoundersCC (@mikej0000), @DEShawGroup (@jazminsmedina), Adams Street Partners (Fred Wang), @RosbergVentures (@NicoRosberg), @ExpandingCap (@Shriftman), and San Francisco 49s Brock Purdy (@brockpurdy13), Christian McCaffrey (@CMC_22), and Kyle Juszczyk (@JuiceCheck44), and existing investors that participated in this round @AltimeterCap (@jaminball), @BessemerVP (@bdeeter), @IVP (@CackF), @bondcap (Jay Simmons), and GIC (@lihanchen). We're also thrilled to welcome our new executives Kevin Egan (CRO), Mariah Nagy (VP of People), and Jimmy Sexton (CFO). This funding and talent will fuel our mission to empower organizations with lightning-fast analytics on massive datasets in the era of AI.

We raised a $150M Series D! Thank you to all of our customers who trust us to power their inference. We're grateful to work with incredible companies like @Get_Writer, @zeddotdev, @clay_gtm, @trymirage, @AbridgeHQ, @EvidenceOpen, @gammaapp, @Sourcegraph, and @usebland. This round was led by @bondcap, with @jaysimons joining our Board. We're also thrilled to welcome @conviction and @CapitalG to the round, alongside support from @01Advisors, @IVP, @sparkcapital, @GreylockVC, @ScribbleVC, @BoxGroup, and Premji Invest.