Icon Ventures
Venture capitalPalo Alto · Seed–Series B · 13 people tracked
Also known as ICON MANAGEMENT ASSOCIATES IV, LLC · ICON MANAGEMENT ASSOCIATES V, LLC · ICON MANAGEMENT ASSOCIATES VI, LLC · ICON MANAGEMENT ASSOCIATES VII, LLC
Investment thesis
Icon Ventures positions itself as a 'Foundational VC for AI,' applying more than 20 years of venture capital experience to the AI era. Rather than chasing hype cycles or quick exits, the firm emphasizes helping visionary AI founders build companies with lasting value. It invests from seed stage through Series B and describes itself as appropriately sized to optimize performance. The team leverages deep sector expertise and an extensive network of investor relationships built over its 22-year history, focusing on sectors where it has repeated success including enterprise, data management, cybersecurity, digital health, and consumer.
Source: firm website, verified Aug 3, 2026.
Team · 13 people
from the firm's websiteWhat they invest in
from 58 of 118 portfolio companiesEnterprise Software ×34AI & Machine Learning ×23SaaS ×14Cybersecurity ×13Cloud Computing ×10Data & Infrastructure ×10Developer Tools ×9Healthtech ×9
HQs:United States×44
Investments · 118 tracked
founders shown can be your intro pathTeladoc Health operates a virtual care platform connecting patients with care providers for medical care, mental health, and chronic disease management services.
Digital HealthHealthtechMental HealthPurchase, US
Dana Mead(Director)James Outland(Director)Michael King(Executive Officer)Martin Felsenthal(Director)Mark Hirschhorn(Executive Officer)Jason Gorevic(Executive Officer, Director)
Board seatThomas Mawhinney· per SEC Form D · filed Jun 2015
Financial automation software for small and midsize businesses
BILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses.
AI & Machine LearningEnterprise SoftwareFintechSaaSSan Jose, US
Stephen Fisher(Director)Rene A. Lacerte(Executive Officer, Director)Steven Piaker(Director)Bora Chung(Executive Officer)Colleen Taylor(Director)Allison Mnookin(Director)
Datadog is a cloud-based monitoring and security platform that provides observability, analytics, and protection for infrastructure, applications, and data across enterprises.
Cloud ComputingCybersecurityData & InfrastructureNew York, US
Olivier Pomel(Founder & CEO)inAlexis Le-Quoc(Executive Officer, Director, Promoter)Amit Agarwal(Executive Officer)Murat Bicer(Director)Dev Ittycheria(Director)Shardul Shah(Director)
Dell designs and sells computing hardware including laptops (XPS, Alienware gaming), monitors, webcams, and PowerEdge servers, along with IT lifecycle management and support services.
ConsumerEnterprise SoftwareHardware
Global cybersecurity leader focused on the cloud.
PlayStudios is a global gaming studio that develops award-winning game titles and operates a network of business partnerships with a player community across three continents.
GamingLas Vegas, US
Marcus Sanford(Director)Andrew Pascal(Executive Officer, Director)William Hornbuckle IV(Director)Paul Mathews(Executive Officer)
Twilio provides a cloud-based communications platform that enables businesses to integrate voice, messaging, and video into applications using APIs.
Cloud ComputingDeveloper ToolsEnterprise SoftwareSan Francisco, US
Jeff Lawson(Founder)inEvan Cooke(Director)Scott Raney(Director)Lee Kirkpatrick(Executive Officer)Roy Ng(Executive Officer)Karyn Smith(Executive Officer)
Aisera develops agentic AI systems for enterprises that proactively anticipate needs and solve repetitive tasks, freeing teams to focus on strategic decisions and complex problem-solving.
AI & Machine LearningEnterprise SoftwareSaaSSanta Clara, US
Abhi Maheshwari(Chief Executive Officer)Jared Lucas(Chief People Officer)inDejan Deklich(Chief Development Officer)Rahul Guha(VP of Product Management)inUtkarsh Contractor(Field Chief Technology Officer)inBen Lu(Chief Financial Officer)in
Ripcord uses robotics and AI to digitize paper documents and extract data, transforming unstructured information into accessible, structured digital files for enterprise use.
AI & Machine LearningEnterprise SoftwareHardwareRobotics
Alex Fielding(Director & Ripcord Co-Founder)Sam Fahmy(CEO and President)
San Francisco, US
Board seatPreeti Rathi· per SEC Form D · $3.7M raise · filed Sep 2022
Real-time asset tracking and workflow monitoring in healthcare
San Diego, US
Thomas Mawhinney(Director)Brandon Hull(Director)Vijay Lathi(Director)Brian Ascher(Director)Timothy Roche(Executive Officer, Director)Terry Linn(Director)
Board seatThomas Mawhinney· per SEC Form D
New York, US
Michael Jaconi(Executive Officer, Director)CHRISTOPHER MOORE(Director)
Board seatJeb Miller· per SEC Form D · $20.7M raise · filed Jul 2019
New York, US
Alexandra Cavoulacos(Executive Officer, Director, Promoter)Lindsay Maroney(Executive Officer)Kathryn Minshew(Executive Officer, Director)Christopher Herrmannsen(Director)
Board seatThomas Mawhinney· per SEC Form D · $16M raise · filed Jun 2016
Duetto provides a Revenue & Profit Operating System (RP-OS) for hotels, casinos, and resorts to optimize pricing, profitability, and revenue management through integrated products including dynamic pricing, benchmarking, and AI-driven rate recommendations.
Enterprise SoftwareSan Francisco, US
Brad Gerstner(Director)Patrick Bosworth(Executive Officer, Director)Craig Weissman(Executive Officer, Director)David Tabors(Director)Marco Benvenuti(Director)Brian O'Malley(Director)
Board seatJeb Miller· per SEC Form D
Exabeam provides a security operations platform that ingests logs and telemetry from multiple point solutions, enriches data with behavioral analytics, and correlates alerts to deliver threat detection and investigation capabilities for security teams.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Mateo, US
Domingo Mihovilovic(Executive Officer, Promoter)Nir Polak(Executive Officer, Director, Promoter)Sylvain Gil(Executive Officer, Director, Promoter)Theresia Giouw(Director)Shlomo Kramer(Director)Matthew Howard(Director)
Board seatJeb Miller· per SEC Form D
Oakland, US
Marc Jones(Director)Michael Lynn(Executive Officer, Director)Naozer Dadachanji(Director)
Board seatThomas Mawhinney· per SEC Form D · $43M raise · filed Oct 2021
Atlanta, US
Board seatTom Mawhinney· per SEC Form D · filed Jul 2020
Istari Digital provides a platform that connects engineering teams and tools across fragmented organizations to create auditable workflows for complex systems in mission-critical industries.
Deep TechDeveloper ToolsEnterprise SoftwareArlington, US
William Roper, Jr.(Executive Officer, Director)Christopher Benson(Executive Officer)Thomas E. McCabe(Executive Officer)Thomas Lehrman(Director)
Board seatJoseph Horowitz· per SEC Form D
Nomad Health operates a job marketplace for travel nurses and allied health professionals, connecting clinicians with positions that match their experience and preferences while providing dedicated support throughout the hiring and credentialing process.
B2B MarketplacesHealthtechHR TechNew York, US
Tom Bremner(Director)Thomas Mawhinney(Director)Alexander Nazem(Director)Justin Lambert(Executive Officer, Director)Ralph Henderson(Director)William Eager(Vice President of Engineering)
Board seatThomas Mawhinney· per SEC Form D
Menlo Park, US
Board seatJeb Miller· per SEC Form D · $25M raise · filed Sep 2015
San Francisco, US
Eric Palm(Executive Officer, Director)Lawrence Coburn(Director)Zubin Bhettay(Executive Officer, Director)Nihal Mehta(Director)
Board seatThomas Mawhinney· per SEC Form D · $18M raise · filed Apr 2022
RedSeal provides a platform for network visibility and cybersecurity compliance that maps and analyzes hybrid environments including on-premises and cloud infrastructure to identify vulnerabilities and attack pathways.
AI & Machine LearningCybersecurityEnterprise SoftwareSunnyvale, US
Greg Enriquez(CEO)Kevin Mosher(Director)Peter Sinclair(Executive Officer, Director)Steve Goldberg(Director)Tench Coxe(Director)Leslie Canning(Executive Officer)
Board seatJoseph Horowitz· per SEC Form D
Remesh provides a technology platform for conducting large-scale research conversations that gather insights and aggregate viewpoints across geographically and culturally diverse populations.
AdTechAI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing TechNew York City, US
Gary Ellis(Co-Founder + CEO)Andrew Konya(Co-Founder, Chief Scientist)Aaron Slodov(Executive Officer, Director)
Board seatMichael Mullany· per SEC Form D
Wilmington, US
Aaron Brown(Executive Officer, Director)
Board seatPreeti Rathi· per SEC Form D · $6M raise · filed Jun 2026
HealthtechSan Francisco, US
Joseph Horowitz(Director)William King IV(Executive Officer, Director, Promoter)Paul Sallaberry(Director)Gary Hromadko(Director)Brook Byers(Director)
Board seatJoseph Horowitz· per SEC Form D · $20M raise · filed Aug 2015
Internet fraud solutions for financial institutions and merchants
Airtop provides web automation and agent-building tools that enable users to automate workflows across websites, apps, and legacy portals—including authenticated logins—by describing tasks in natural language or using a visual builder.
AI & Machine LearningDeveloper ToolsEnterprise Software
Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.
AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US
Satyen Sangani(Founder)Dr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)
Advanced socially engineered attack prevention for enterprise
Asserts provides monitoring and observability software for distributed cloud applications, enabling engineering teams to define runtime assertions and manage monitoring as code rather than through disjointed dashboards and alerts.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise Software
Big data management and analysis for data-driven applications
At-Bay provides cyber insurance and risk management technology for businesses of all sizes, combining insurance products with cybersecurity expertise and monitoring to help companies prevent and manage digital risks.
CybersecurityEnterprise SoftwareInsurTechUnknown, US
Rotem Iram(Co-founder & CEO)Roman Itskovich(Co-founder & Chief Risk Officer)
Content programming platform for publishers to build value across the Internet
CenTrak provides real-time location system (RTLS) software and hardware solutions for healthcare facilities, including IoT wearables, infrastructure devices, and integrations with clinical systems to manage asset tracking, patient safety, workflow optimization, and environmental monitoring.
Enterprise SoftwareHealthtechIoT
Two-way mobile customer interaction platform for financial institutions
Complete programming guide for broadcast programming online
Cloudflare provides a global cloud network platform delivering security, performance, and development services through sixty-plus integrated services including SASE, application security, and full-stack development infrastructure.
Cloud ComputingCybersecurityDeveloper ToolsSan Francisco, US
Data-driven insights for optimizing virtualized data centers
Confluent provides a cloud-native platform for real-time data streaming and movement, enabling organizations to connect applications and respond to business events as they occur.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareMountain View, US
Neha Narkhede(Founder)
Data warehouse appliances with leading price and performance
Unified hybrid cloud computing and data management leader
Perforce Delphix is a data automation platform that delivers, masks, and generates synthetic test data for enterprise DevOps, testing, analytics, and AI workflows.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareMenlo Park, US
Iain Chidgey(Executive Officer)Stewart Grierson(Executive Officer)Dan Graves(Executive Officer)Mark Boullie(Executive Officer)Chris Schaepe(Director)Jason Binder(Executive Officer)
Eppo builds a platform for running A/B tests and experiments, automating analysis workflows and integrating with data warehouses and feature flagging tools.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US
Chetan Sharma(Executive Officer, Director)
BoardErik Goldman(Director)Davis Treybig(Director)Naomi Pilosof Ionita(Director)
Digimarc develops digital authentication and verification solutions using watermarking, fingerprinting, and AI technologies to protect physical and digital assets against counterfeiting, tampering, and unauthorized copying.
AI & Machine LearningCybersecurityEnterprise Software
Palo Alto Networks provides cybersecurity platforms and services to protect organizations' digital infrastructure across cloud, network, and security operations.
AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwarePalo Alto, US
Nir Zuk(Founder - Emeritus)
Cisco provides networking devices and infrastructure software for data centers, workplaces, and security operations.
Cloud ComputingCybersecurityEnterprise SoftwareSan Jose, US
Security platform to counter next-gen cyber attacks
Milpitas, US
Alexa King(Executive Officer)Stephen C. Pusey(Director)Ronald E.F. Codd(Director)Kevin R. Mandia(Executive Officer)John T. McGee(Executive Officer)David G. DeWalt(Executive Officer, Director)
AI platform supporting the creator economy
Ideagen Huddle (now Ideagen Collaboration Portal) was a cloud-based client portal for secure document sharing and collaboration with external stakeholders, offering file sharing, version control, and project management.
Cloud ComputingEnterprise SoftwareGovTechSaaS
Teladoc Health provides a connected care platform that enables patients and healthcare providers to deliver virtual medical care, mental health services, and chronic condition management.
Digital HealthHealthtechMental HealthDallas, US
Abdul Lakhani(Director)Michael Gross(Director)Bill Williams(Director)John Glaser(Director)Yulun Wang(Executive Officer, Director)David W. Jahns(Director)
Adam Ghetti(Founder)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Icon Ventures invest at?
- Icon Ventures invests at the Seed, Series A, Series B stages.
- What is Icon Ventures's typical check size?
- Icon Ventures typically writes checks of $6M – $12M.
- What sectors does Icon Ventures focus on?
- Icon Ventures focuses on AI & Machine Learning, Consumer, Cybersecurity, Data & Infrastructure, Digital Health, Enterprise Software.
- Where is Icon Ventures located?
- Icon Ventures is headquartered in Palo Alto, US.
- Does Icon Ventures lead rounds?
- Icon Ventures typically participates in rounds rather than leading them.
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