Todd C. Chaffee

Managing Director & General Partner at Institutional Venture Partners

Todd C. Chaffee joined IVP as a Managing Director and General Partner in March 2000. He has been recognized by both Forbes and The New York Times as one of the world’s top venture capitalists. He is ranked #6 on the Forbes Midas List of Top 10 Founder VCs and has appeared on every Forbes Midas List from 2009 through 2018. He was also selected for The New York Times List of Top 100 Venture Capitalists in 2016, 2017, 2018, and 2019.

Todd has led investments in many high-profile companies such as Akamai (AKAM), ArcSight (HPQ), Ariba (ARBA), Coinbase, Compass, ComScore (SCOR), Domo (DOMO), HomeAway (AWAY), Kayak (PCLN), Netflix (NFLX), Nuance (NUAN), Twitter (TWTR), VeriSign (VRSN), and Yahoo (YHOO). He also led successful investments in Business Insider (Axel Springer), CyberSource (CYBS), Digital River (DRIV), Epiphany (EPNY), General Assembly, Hipmunk (SAP), InphoMatch (SAP), Inspirato, Klarna, LoopNet (CSGP), Mobile 365 (SAP), Mobileway (SAP), Omniture (ADBE), Open Market (OMKT), Pandora (P), Skydio, Trintech (TTPA), Verisity (VRST), Vessel (VZ), and Whip Networks. In addition, Todd was the supporting partner for IVP's investments in AdRoll, Advent Software (ADVS), Artisan Components (ARTI), At Road (TRMB), Business.com (DEXO), CafePress (PRSS), Carbonite (CARB), Concur (CNQR), Danger (MSFT), Datalogix (ORCL), Dropcam (GOOG), MarkMonitor (TRI), MINDBODY (MB), Personal Capital, POPSUGAR, Quigo (TWX), Snap (SNAP), SoundCloud, The Honest Company, Tripwire (Thoma Bravo), TuneIn, Websense (WBSN), Yodlee (ENV), ZEFR, and ZipRecruiter.

Prior to IVP, Todd was Executive Vice President of Visa International. His responsibilities included overseeing the Advanced Technology, Strategic Planning, Corporate Development, and Equity Investment divisions for Visa. He was also the President of Visa Marketplace, Inc. (Visa's investment subsidiary) and managed Visa's global technology investment portfolio. Under Todd's leadership, Visa's venture capital operation generated more than $1.2 billion in gains and his investments produced a 32.8x multiple of invested capital with an IRR of 243.4%.

Todd joined Visa in 1994 as Senior Vice President of Advanced Payment Systems. After establishing and growing Visa's highly successful venture capital business, he was promoted to Executive Vice President of Visa International, becoming the youngest Executive Vice President in Visa's history. Prior to Visa, Todd held management positions at Fortune 500 companies such as American Express and TRW Information Systems Group. During his career, he also founded Grand Expeditions, Inc., a global luxury and adventure travel company with revenues in excess of $200 million.

Todd graduated Magna Cum Laude with a B.S. in Business from the University of Minnesota Carlson Business School. He also completed the Stanford Graduate Business School Advanced Management Program and the Harvard Business School Venture Capital Program. Todd is the Founder and Chairman of the NobleLight Foundation which supports social entrepreneurs tackling some of the world’s biggest problems.

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  • Managing Director & General Partner

    March, 2000 - present

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