Icon Ventures Portfolio and Investment History

Icon Ventures has a diverse portfolio of investments, having backed companies like Zoom, Slack, and Instacart.

One of their earliest investments was in Zoom, which they backed in 2011.

Icon Ventures also invested in Slack, a popular communication platform for teams, and Instacart, a grocery delivery service.

Their investment in Zoom has proven to be particularly successful, with the company's valuation reaching over $100 billion.

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Icon Ventures has made a significant number of investments, with a total of 236 investments to date. Their latest investment was in Istari Digital as part of their Series A on January 08, 2025.

The company has invested in a variety of sectors, including Enterprise Applications, Enterprise Infrastructure, and High Tech. According to their portfolio breakdown, Enterprise Applications account for 76 investments, followed by Enterprise Infrastructure with 44 investments.

Here's a breakdown of Icon Ventures' investments by sector:

Icon Ventures has made a total of 236 investments. Their latest investment was in Istari Digital as part of their Series A on January 8, 2025.

Icon Ventures' investment activity is quite extensive, with a variety of companies and sectors involved. They have invested in companies such as Medeloop, Maven, and Bugcrowd.

One notable aspect of Icon Ventures' investments is their focus on enterprise applications, with 76 investments in this sector. They have also invested in high-tech companies, consumer companies, and artificial intelligence industry applications.

Here's a breakdown of Icon Ventures' investments by sector:

Icon Ventures has also invested in unicorns, which are companies valued at over $1 billion. Some of these unicorns include Bugcrowd, Timescale, and Maven.

When deciding to exit an investment, timing is crucial. A well-timed exit can result in a significant profit, while a poorly timed exit can lead to losses.

A common exit strategy for investors is to sell their shares for a profit, which can be done through a public offering or a private sale. This can be a good option if the investment has increased in value significantly.

Private equity firms often use a secondary buyout as an exit strategy, where they sell their shares to another private equity firm or a strategic buyer. This can be a good option if the investment has reached maturity.

Alternatively, investors can also exit an investment by liquidating their assets, such as selling real estate or other tangible assets. This can be a good option if the investment has not increased in value significantly.

Icon Ventures has a diverse portfolio of companies across various sectors. The firm has invested in companies such as Bugcrowd, a crowdsourced web application security testing platform founded in 2012.

Some of the notable companies in Icon Ventures' portfolio include Timescale, an open source time series SQL database provider founded in 2016, and Immunai, a developer of next-generation immunomodulatory therapeutics also founded in 2018. These companies are based in New York City and San Francisco, respectively.

Icon Ventures' portfolio also includes Maven, a virtual clinic and care platform for fertility, pregnancy, and parenting founded in 2014, and At-Bay, an online cyber insurance platform for businesses founded in 2016.

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Icon Ventures has a remarkable track record of 71 portfolio exits, with their latest exit being Duetto on June 27, 2024.

The company's portfolio exits have been consistently impressive, with a mix of acquisition and financing deals. Icon Ventures has shown its ability to support its portfolio companies through various exit strategies.

One notable exit was Duetto, which was acquired by GrowthCurve Capital on June 27, 2024, for a valuation of $XXM.

Icon Ventures' portfolio exits have been spread across various industries and sectors, with a focus on technology and software companies.

Here's a breakdown of some of Icon Ventures' notable portfolio exits:

Icon Ventures' portfolio exits demonstrate the company's ability to identify and support promising startups, ultimately leading to successful exits.

Let's take a look at the unicorns in Icon Ventures' portfolio. Icon Ventures has invested in several companies with a Tracxn Score of 72 or higher.

One of these companies is Bugcrowd, a crowdsourced web application security testing platform founded in 2012 in San Francisco.

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Another company with a high Tracxn Score is Timescale, a provider of an open source time series SQL database founded in 2016 in New York City.

These companies are considered unicorns because they have achieved significant growth and success, with Bugcrowd reaching Series E and Timescale reaching Series C.

Here are some key facts about the unicorns in Icon Ventures' portfolio:

These unicorns have demonstrated impressive growth and potential for future success, making them exciting investments for Icon Ventures.

Icon Ventures focuses on investing in early-stage startups, typically in the seed and series A rounds. They aim to partner with founders who are passionate about building a successful business.

Their investment strategy is centered around supporting innovative ideas and entrepreneurs. Icon Ventures has invested in companies like Instacart, which was valued at $14.3 billion in 2020.

One of their key goals is to help founders scale their businesses. They achieve this by providing strategic guidance and access to their network of experienced professionals.

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Icon Ventures generally invests in companies at the Series B stage, with 60 investments in this category. This suggests a focus on established businesses with a proven track record.

The data also shows that Icon Ventures invests in Series C companies, with 43 investments in this stage. This indicates a willingness to support businesses that have already secured funding and are looking to scale.

Interestingly, the number of investments in Series A companies is significantly lower, with only 24 investments in this stage. This may indicate that Icon Ventures is more selective in its early-stage investments.

Here's a breakdown of Icon Ventures' investment stages:

Investing in different geographic regions can significantly impact your investment strategy.

Consider the example of the US and China, where investing in these countries can provide access to large and growing consumer markets.

Diversifying your portfolio by investing in emerging markets can also help mitigate risks associated with economic downturns.

As seen in the case of the Asian financial crisis, investing in a single region can be detrimental to your overall investment portfolio.

Investing in regions with stable economic growth, such as the Nordic countries, can provide a more consistent return on investment.

Geographic diversification can also help you tap into new markets and industries, such as renewable energy in Europe.

Investing in regions with a strong track record of innovation, such as Silicon Valley, can provide access to cutting-edge technology and entrepreneurship.

Icon Ventures' technology stack is quite impressive, and it's a key part of their investment strategy. They use a range of tools to manage their content and website, including WordPress, which is a popular content management system.

Icon Ventures also leverages Twitter Emoji (Twemoji) and Font Awesome for their font scripts, which adds a touch of personality to their online presence. jQuery is another JavaScript library they use, which helps with interactive elements on their website.

In terms of hosting, Icon Ventures relies on Amazon Web Services (AWS) for their platform as a service. This allows them to scale their infrastructure as needed and focus on growing their business. They also use Yoast SEO for search engine optimization, which helps their website rank higher in search results.

Icon Ventures' tech stack also includes UI frameworks like Animate.css and Bootstrap, which help with the visual design and layout of their website. These frameworks make it easier for them to create a consistent look and feel across their website.

Here's a breakdown of the key technologies used by Icon Ventures:

By leveraging these technologies, Icon Ventures is able to efficiently manage their online presence and focus on their investment strategy.

Icon Ventures has secured a significant revenue of $10M, a notable milestone for the company. This revenue is a testament to the company's growth and success.

The revenue figure of $10M is a direct result of the company's efforts to secure funding and financial support.

Icon Ventures has managed to achieve a revenue of $10M, a substantial amount that will help propel the company forward.

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Icon Ventures has a rich history that dates back to its founding in 2004. Founded by a group of experienced investors, the firm has been at the forefront of the venture capital industry for over a decade.

The firm's early success was built on its focus on investing in innovative companies in the technology and media sectors. Icon Ventures has a proven track record of identifying and backing promising startups that go on to achieve significant growth and success.

One notable example is the firm's investment in a leading social media platform, which has become a household name and has disrupted the way people connect and interact with each other online.

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History is full of fascinating stories, and one area that's often overlooked is the history of venture capital funds. Let's take a look at the fund histories of Icon Ventures and Jafco Technology Partners.

Icon Ventures has a total of 9 funds, with the most recent one being Icon Ventures Fund VI, which closed on October 22, 2018, with a total amount of $375M.

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Icon Ventures also has another fund, Icon Ventures VI, which is listed as having an unknown amount. This fund is part of the 9 funds that Icon Ventures has.

Jafco Technology Partners has a few funds listed, including Jafco Technology Partners V, which had an unknown amount, and JTP IV, which also had an unknown amount.

Here is a list of the 9 funds that Icon Ventures has:

Icon Ventures Fund VI is the most recent fund from Icon Ventures, and it's worth noting that the closing dates for Icon Ventures VI and Jafco Technology Partners V are both listed as October 22, 2018, but the amount for Icon Ventures VI is unknown.

The fund history of the company dates back to 1985, when it was first established.

In its early years, the fund focused on investing in the tech industry, which was still in its infancy at the time. This proved to be a savvy move, as the fund's value skyrocketed in the 1990s.

By the end of the 1990s, the fund had grown to a significant size and was one of the largest in the industry. It continued to perform well throughout the 2000s, despite the challenges posed by the global financial crisis.

The fund's success can be attributed in part to its diversified investment strategy, which allowed it to weather the storm and emerge stronger in the end.

Icon Ventures has a long history of co-investing with other investors, with 841 co-investors over the past 32 years. This includes both funds and angels.

Sequoia Capital and Kleiner Perkins are notable co-investors, having invested in rounds before Icon Ventures in 14 and 12 companies, respectively.

Icon Ventures often partners with the same investors in multiple companies, with 241 investors entering a company along with Icon Ventures. SVB is a top co-investor, having partnered with Icon Ventures in 4 companies.

In some cases, Icon Ventures co-invests with investors who have invested in the same company after Icon Ventures. SVB, Goldman Sachs, and Sapphire Ventures are among the top investors to have done so, with 5, 4, and 4 companies, respectively.

Here's a breakdown of the top co-investors of Icon Ventures: