← Institutional

Institutional Venture Partners XVIII, L.P.

InstitutionalVINTAGE 2024

NET IRR

30.9%

TVPI

1.14x

DPI

—

COMMITMENT

$100M

LP SOURCES

3

VALUATION SPREAD1.00x – 1.14x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
CalSTRS	2025-06-30	$100M	$23M	30.9%	1.14x	—	SOURCE ↗◆
MD MSRPS	2025-06-30	—	—	—	—	—	SOURCE ↗◆
NJ DOI	2025-04-30	$100M	$15M	—	1.00x	0.00x	SOURCE ↗◆