IV

IVP

Investment Focus 2026

Scalable software franchises with durable growth channels

January 18, 20264 themesView Original

Summary

IVP's 2026 posture remains centered on breakout software companies that can scale efficiently with strong retention, expanding product surfaces, and category leadership potential. The emphasis is on high-quality growth and durable enterprise revenue architecture.

Enterprise Software at Scale

IVP remains focused on businesses with strong net revenue retention and multi-product expansion opportunities.

  • Expansion revenue from adjacent workflows
  • Large enterprise go-to-market repeatability
  • Durable retention and predictable growth

AI-Enabled Workflow Transformation

AI is most investable where it is embedded into existing mission-critical workflows.

  • Embedded AI in systems of record
  • Automation with human override and auditability
  • Quantifiable productivity and margin impact

Security and Infrastructure

Core infrastructure and cybersecurity remain critical as AI increases system complexity.

  • Identity and access modernization
  • Cloud and application security tooling
  • Observability and incident response

What Changed in 2026

The priority shifted from growth-at-all-costs to efficient compounding with resilient GTM systems.

  • Higher scrutiny on efficient growth quality
  • Increased preference for platform extensibility
  • More focus on AI + security convergence

Freshness & Evidence

As of February 14, 2026

How this VC engages founders

Use this entry point to review how IVP engages with early teams.

Contact IVP

Source: IVP

Last updated: January 18, 2026

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