Product-native investor and operator brings founder-first approach to AI era

IVP, a Menlo Park–based venture capital firm focused on high-growth technology companies, is pleased to announce the promotion of Shravan Narayen to General Partner. Shravan joined IVP as an investor in 2022 and has backed founders building the next generation of the technology stack - companies that simplify complex workflows into intuitive solutions.

"Shravan has a rare ability to make founders feel genuinely understood," said Somesh Dash, General Partner at IVP. "He doesn't just talk about partnership, he lives it. His instinct is to listen first, to understand what a company truly needs, and then show up fully, on the founder's terms. That's not a strategy; it's simply who he is. It's a natural transition for Shravan to join our GP bench."

Shravan's portfolio reflects a clear and coherent thesis: he backs technically sophisticated founders who are building products that earn deep user loyalty by making hard things simple. His investments include Gamma, Baseten, Glean, Perplexity, Anthropic, and Lumafield - companies that share a post-SaaS sensibility, a relentless customer focus, and a belief that the best products are built over time, not overnight. These founders are former operators, product thinkers, and long-term builders, the exact profile Shravan prefers.

Before joining IVP, Shravan was a product manager at Snowflake, where he gained firsthand experience building and scaling enterprise software at the highest level. He brings that operator's lens to every investment and board conversation.

Shravan’s promotion underscores IVP’s belief that the next decade of category-defining companies will be led by founders who pair strong product instincts with rigorous business discipline - and that the investors who earn their trust will be the ones able to meet them at that level.

About IVP

IVP exists for the Exceptional, backing them in substance and soul. One of the original venture firms on Sand Hill Road, IVP partners with companies at the moment of product-market-fit — from Slack, CrowdStrike, Figma, Datadog, and Coinbase to Kalshi, Perplexity, Abridge, Baseten, and Anthropic. We've guided market leaders through cycles and storms, unlocking pivotal growth by activating the right expertise at the moments founders need it. With 135+ IPOs out of 400 investments, IVP helps undaunted founders defy limits, command industries, and cement their place at the top.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260513218800/en/

"It's a natural transition for Shravan to join our GP bench," said Somesh Dash.