MENLO PARK – Venture capital firm Institutional Venture Partners, which now goes by just IVP, has made three new additions to its investment team. James Black joins IVP from Qatalyst Partners and Canva, Becca Faust joins from Goldman Sachs, and Karthik Ramakrishnan joins from Qatalyst Partners and Choosy. They bring operational and investment banking experience to the firm and will focus on identifying and evaluating later-stage consumer and enterprise technology investments.
“We continue to attract exceptional talent and James, Becca, and Karthik are great additions to our team,” said Sandy Miller, General Partner. “We are incredibly impressed with their passion for both growth-stage technology companies and the venture capital industry. We are delighted to welcome them to the firm.”
Before joining IVP, James worked at Canva, a Sydney-based graphic design company empowering the world to design anything and publish anywhere. James worked on the strategic finance team and led projects across fundraising, business development, product strategy, and analytics. He was also an investment banker at Qatalyst Partners, advising on over $50Bn worth of announced M&A transactions including Citrix’s GoTo Business RMT with LogMeIn, Imperva’s sale to Thoma Bravo, NXP’s proposed sale to Qualcomm, and Shipt’s sale to Target, among others. James graduated Magna Cum Laude from The Wharton School at the University of Pennsylvania, where he earned a B.S. in Economics with concentrations in finance and operations.
Prior to joining IVP, Becca worked for Goldman Sachs in the Technology, Media, and Telecommunications investment banking group. At Goldman Sachs, Becca helped to advise a number of clients on both equity financings and M&A transactions, including Twilio’s convertible debt issuance, follow-on equity offering, and acquisition of SendGrid, Dassault Systèmes’ acquisition of IQMS, and the sale of TSheets to Intuit. Becca holds a B.A. from Yale University, where she graduated Summa Cum Laude and Phi Beta Kappa with distinction in History.
Prior to joining IVP, Karthik worked at Choosy, a direct-to-consumer women’s fashion startup, where he assisted the founders on numerous cross-functional projects across strategy, operations, finance, marketing, and customer experience. Karthik also worked at Qatalyst Partners, advising clients across the consumer Internet, mobile, enterprise software, and hardware sectors. His transaction experience includes PillPack’s sale to Amazon, Cavium’s $6.7Bn sale to Marvell Technology, InvenSense’s $1.3Bn sale to TDK Corporation, and Lithium Technologies’ sale to Vista Equity Partners. Karthik graduated Summa Cum Laude from New York University’s Leonard N. Stern School of Business, where he earned a double B.S. in Finance and Economics.
IVP is currently investing IVP XVI, a $1.5 billion later-stage venture capital and growth equity fund, and manages $7 billion in committed capital.
Since its inception in 1980, IVP has invested in over 400 companies and 111 have gone public. IVP is typically a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.