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ICONYC labs

North America, New York, United States, New York

Description

ICONYC labs is a New York-based venture capital firm and accelerator uniquely positioned to bridge the gap between early-stage Israeli technology startups and the expansive United States market. Established with a clear mission, ICONYC acts as a crucial conduit, providing not only capital but also strategic guidance, mentorship, and invaluable network access to help its portfolio companies establish a strong foothold and achieve sustainable growth in the competitive US landscape. Their model emphasizes a hands-on approach, designed to significantly reduce the time and challenges typically associated with international market expansion for nascent companies.

As an early-stage investor, ICONYC labs primarily targets Israeli startups at their seed and early venture stages. The firm typically deploys initial investments ranging from $100,000 to $250,000, which serves as foundational capital for these companies. Beyond the initial cheque, ICONYC also offers the potential for significant follow-on investments, extending up to $1 million, demonstrating a long-term commitment to the success of its portfolio. This tiered investment approach, combined with their robust accelerator program, provides a comprehensive support system tailored to the specific needs of international market entry.

Since its inception in 2016, ICONYC labs has built an impressive track record, having invested in over 60 Israeli startups. This extensive portfolio underscores their deep engagement with the Israeli tech ecosystem and their consistent efforts to identify high-potential ventures. A testament to their effective strategy and the quality of their portfolio companies, the combined valuation of ICONYC's portfolio companies has remarkably exceeded $1.5 billion. Furthermore, over 70% of their portfolio companies have successfully secured follow-on funding from prominent US and global investors, validating ICONYC's role in preparing these startups for subsequent growth rounds and broader market acceptance.

This strategic focus and proven success position ICONYC labs as a key player in fostering cross-border innovation and supporting the global ambitions of Israeli entrepreneurs.

Investor Profile

ICONYC labs has backed more than 49 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 12% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Israel, United States, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Health Care.
  • Typical check size: $100K – $250K.

Stage Focus

  • Seed (53%)
  • Pre Seed (43%)
  • Series A (4%)

Country Focus

  • Israel (57%)
  • United States (41%)
  • United Kingdom (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Health Care
  • Saas
  • Information Technology
  • Machine Learning
  • Internet
  • Analytics
  • E-commerce
  • Fintech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does ICONYC labs frequently co-invest with?

AL
North America, New York, United States, New York
Co-Investments: 1
MassChallenge
North America, Massachusetts, United States, Boston
Co-Investments: 1
Flashpoint
Europe, England, United Kingdom, London
Co-Investments: 1
New York Ventures
North America, New York, United States, New York
Co-Investments: 1
Newark Venture Partners
North America, New Jersey, United States, Newark
Co-Investments: 1
Corporate Executive Board (CEB)
North America, Virginia, United States, Arlington
Co-Investments: 1
Daybreak Investments
Oceania, Victoria, Australia, Melbourne
Co-Investments: 1
Impact First Investments
Asia, Tel Aviv, Israel, Herzliya
Co-Investments: 1
Amplifyher Ventures
North America, New York, United States, New York
Co-Investments: 1
New York Angels
North America, New York, United States, New York
Co-Investments: 2

Which angels does ICONYC labs often collaborate with?

AA
North America, New York, United States, New York
Shared Deals: 1
Shai Rephaeli
Asia, Israel
Shared Deals: 1
BW
North America, California, United States, San Diego
Shared Deals: 1
IR
North America, California, United States, San Francisco
Shared Deals: 1
HM
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
SS
North America, Washington, United States, Seattle
Shared Deals: 1
Michael Dolinsky
Asia, Israel
Shared Deals: 1

What are some of recent deals done by ICONYC labs?

Cangrade

Cambridge, Massachusetts, United States

Human Capital Management (HCM) software harnessing the power of AI to build successful, equitable teams.

AnalyticsArtificial Intelligence (AI)Human ResourcesMachine LearningSoftware
SeedMar 2, 2021
WeSnapp

Ra'anana, HaMerkaz, Israel

WeSnapp uses artificial intelligence to leverage the post-production image editing process.

Artificial Intelligence (AI)Digital EntertainmentIntelligent SystemsMachine LearningPhoto Editing
Pre SeedJan 1, 2021
Simply Speak

New York, New York, United States

Simply Speak is a digital health company leveraging Conversational-AI to restore humanity to the practice of medicine.

Artificial Intelligence (AI)Health CareMedical
Pre SeedAug 3, 2020
Amount Raised: $20,000
mealco

New York, New York, United States

Mealco is a food-tech platform to create delivery-native food brands.

Food and BeverageFood DeliveryRestaurants
Pre SeedAug 1, 2020
MyndYou

Herzliya, Tel Aviv, Israel

MyndYou is an AI-based platform that empowers practitioners to deliver personalized and data-driven cognitive care to seniors.

Artificial Intelligence (AI)Elder CareHealth CareHome Health CaremHealthNeuroscience
Series AApr 21, 2020
Amount Raised: $4,000,000
Class

Tel Aviv, Tel Aviv, Israel

Class.Me is an app that connects students, teachers, and educational environments for a virtual learning experience.

AppsE-LearningEducation
Pre SeedMar 30, 2020
dip

New York, New York, United States

Dip is a mobile application that empowers users in their quest to manage their digital identities.

Identity ManagementInformation TechnologyMobile AppsSoftware
Pre SeedFeb 24, 2020
Zest

Tel Aviv-yafo, Tel Aviv, Israel

Zest provides a fast and efficient mechanism for retrieving any document, file, contact, or record from the cloud.

Information TechnologyKnowledge ManagementPaaSProductivity Tools
Pre SeedFeb 24, 2020
OneDeeds

Wilmington, Delaware, United States

Saas , Market Place, Fundraising

FinTech
Pre SeedJan 1, 2020
Hunterz

New York, New York, United States

Hunterz.io is the first global freelance marketplace for enterprise sales introductions.

Information TechnologyInternetMarketplace
SeedOct 31, 2019
Amount Raised: $3,000,000