
ICONIQ Capital
Description
ICONIQ Capital is a distinctive privately-held investment firm based in San Francisco, renowned for serving a select group of influential families and organizations, including prominent tech billionaires. Unlike traditional venture capital firms, ICONIQ operates as a multi-family office that also engages in direct investments across various asset classes, including public equity, private equity, venture capital, and real estate. This integrated approach allows them to provide comprehensive wealth management alongside strategic capital deployment, leveraging their deep network within the technology and business ecosystems.
The firm's direct investment arm, ICONIQ Growth, is particularly active in the high-growth technology sector. They primarily focus on late-stage venture and growth equity investments, targeting companies that demonstrate strong market traction and significant potential for long-term expansion. ICONIQ Growth's portfolio spans critical areas such as enterprise software, cloud infrastructure, fintech, and consumer internet. Their investment philosophy emphasizes building enduring partnerships with founders and management teams, often providing strategic guidance and access to their unparalleled network of industry leaders and potential customers.
For their growth equity investments, ICONIQ typically writes first checks ranging from approximately $50 million to $200 million, often taking lead or co-lead positions in funding rounds. The firm's substantial capital base, managing over $80 billion in assets as of recent reports, enables them to make significant commitments and support their portfolio companies through multiple funding stages. Their notable investments include industry leaders like Snowflake, Datadog, GitLab, and Zoom, underscoring their ability to identify and back transformative technology companies poised for global impact. ICONIQ Capital's unique model, combining bespoke wealth management with strategic growth capital, positions it as a powerful and discreet force in the global investment landscape.
Investor Profile
ICONIQ Capital has backed more than 83 startups, with 6 new investments in the last 12 months alone. The firm has led 31 rounds, about 37% of its total and boasts 11 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Grant, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, India, France.
- Strong thematic focus on Software, Artificial Intelligence (AI), Financial Services.
- Led 1 rounds in the past year.
- Typical check size: $50M – $200M.
Stage Focus
- Grant (19%)
- Series B (16%)
- Series A (14%)
- Series C (8%)
- Series D (8%)
- Series Unknown (7%)
- Private Equity (7%)
- Series E (6%)
- Series F (4%)
- Seed (4%)
Country Focus
- United States (82%)
- India (5%)
- France (2%)
- The Netherlands (2%)
- United Kingdom (1%)
- Australia (1%)
- Belgium (1%)
- New Zealand (1%)
- Brazil (1%)
- Hong Kong (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Financial Services
- Fintech
- E-commerce
- Health Care
- Saas
- Enterprise Software
- Finance
- Machine Learning
Frequently Asked Questions
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