Iconiq Capital

Venture capital firm
San Francisco, California, USAFounded 2011$117.5B AUMiconiqcapital.comSee connections →Compare with Lightspeed Venture Partners

Investment management firm founded 2011 providing venture capital, private equity, and wealth management services from San Francisco.

At a glance

Iconiq Capital appears in 13 funding rounds tracked by ValueAddVC since 2025, leading 7. Its most frequent sectors in these rounds are Enterprise Software and Fintech & Crypto, and its most recent tracked deal was Ramp's $1.85B round (Oct 15, 2026). It co-invests most often with Lightspeed Venture Partners, D1 Capital Partners and General Catalyst.

Strategy

Stages
Series ASeries BGrowth
Sectors
EnterpriseConsumer
Geographies
USASan Francisco, California, USA
Check size
$5M-$100M

Open Roles

16
See all →

Recent changes

  1. Oct 15, 2026Follow-on: Invested in Ramp (primary financing, $1.85B) Morningstar
  2. Sep 2, 2026Invested in Medici Brands (Series B, $250M) Pulse2
  3. Aug 18, 2026Follow-on: Invested in Rillet (Series C, $100M) TechCrunch
  4. Aug 1, 2026Invested in Paper (Series A, $34M) Enid News & Eagle (Business Wire)
  5. Jul 30, 2026Invested in K2 Space (Series D, $500M) Bloomberg
Earlier changes (8)
  1. Jul 13, 2026Invested in Helsing (Series E, $1.8B) CNBC
  2. Jun 4, 2026Follow-on: Invested in Ramp (Series F, $750M) PR Newswire
  3. Nov 17, 2025Invested in Ramp (Series E-2, $300M) PR Newswire
  4. Oct 30, 2025Follow-on: Invested in Legora (Series C, $150M) Tech Funding News
  5. Sep 4, 2025Invested in Sierra (Series C, $350M) TechCrunch
  6. Sep 2, 2025Invested in Anthropic (Series F, $13B) TechCrunch
  7. Aug 6, 2025Invested in Rillet (Series B, $70M) TechCrunch
  8. May 2025Invested in Legora (Series B, $80M) Wikipedia

Portfolio

13 total

Recent Investment Activity

13

Track record: led 7 and participated in 6 of 13 tracked venture rounds · 9 in the last 12 months · led 2 Series F, 2 Series B, 1 Series C, 1 Series A

DateCompanyEventRoleAmountValuationInvestorsSource
Oct 15, 2026Rampprimary financingParticipated$1.85B$60B
Dragoneer Investment GroupLeadunverifiedThrive CapitalunverifiedFounders FundunverifiedSands CapitalunverifiedFidelity InvestmentsunverifiedT. Rowe PriceunverifiedD1 Capital PartnersunverifiedGreenoaksunverifiedIconiq CapitalunverifiedGICunverified8VCunverifiedCoatue ManagementunverifiedFirstMark CapitalunverifiedGeneral CatalystunverifiedKhosla VenturesunverifiedLightspeed Venture PartnersunverifiedStripes GroupunverifiedAvenir GrowthD.E. Shaw
Morningstar
Sep 2, 2026Medici BrandsSeries BParticipated$250M—
GreenoaksLeadunverifiedValor Equity PartnersLeadunverifiedIconiq CapitalunverifiedImaginary VenturesunverifiedPeter Rahal
Pulse story
Aug 18, 2026RilletSeries CLed$100M$1BTechCrunch
Aug 2026PaperSeries ALed$34M—
AccelLeadunverifiedIconiq CapitalLeadunverifiedDesigner FundunverifiedMichael GrinichunverifiedAnton Osikaunverified
Enid News & Eagle (Business Wire)
Jul 30, 2026K2 SpaceSeries DLed$500M$6.8B
Kleiner PerkinsLeadunverifiedIconiq CapitalLeadunverifiedLightspeed Venture PartnersunverifiedCapitalGunverifiedAltimeter Capitalunverified
Pulse story
Jul 13, 2026HelsingSeries EParticipated$1.8B$18 billion
Thrive CapitalLeadunverifiedDragoneer Investment GroupunverifiedLightspeed Venture PartnersunverifiedDisruptiveunverifiedIconiq CapitalunverifiedGoldman Sachs AlternativesunverifiedJPMorganunverifiedCPP Investments
Pulse story
Jun 4, 2026RampSeries FLed$750M$44BPR Newswire
Nov 17, 2025RampSeries E-2Participated$300M$32BPR Newswire
Oct 30, 2025LegoraSeries CParticipated$150M—Tech Funding News
Sep 4, 2025SierraSeries CParticipated$350M—
GreenoaksunverifiedIconiq CapitalunverifiedThrive Capitalunverified
TechCrunch
Sep 2, 2025AnthropicSeries FLed$13B$183BTechCrunch
Aug 6, 2025RilletSeries BLed$70M—TechCrunch
May 2025LegoraSeries BLed$80M—Wikipedia

Sector / Stage Activity

By sector (portfolio)
Consumer
3 · 23%
AI infra
2 · 15%
AI
1 · 8%
Defense
1 · 8%
Space
1 · 8%
Legal tech
1 · 8%
Developer tools
1 · 8%
Fintech
1 · 8%
Enterprise SaaS
1 · 8%
By stage (tracked rounds)
Series B
3 · 23%
Series C
3 · 23%
Series F
2 · 15%
primary financing
1 · 8%
Series A
1 · 8%
Series D
1 · 8%
Series E
1 · 8%
Series E-2
1 · 8%

Co-Investors

12

Similar Firms

overlapping sector, stage or region

Value Add Research

Latest Pulse

  1. ElevenLabs Tender Doubles Valuation To $22BElevenLabs closed a $300 million employee tender offer that doubled its valuation to $22 billion, without the company raising a dollar of primary capital.→
  2. August's Megarounds Went to Missiles and InferenceIn a single mid-August week, six US startups raised $2.63 billion between them, and the two largest -- a hypersonic missile maker and an inference chip company -- accounted for $1.5 billion of it.→
  3. Rillet Hits $1B Valuation on $100M Series CRillet raised a $100 million Series C led by ICONIQ at a $1 billion valuation, its third round in a year, pushing total funding past $200 million for an AI-native accounting platform aimed at NetSuite and Sage.→
  4. Live Commerce Defies the AI Narrative at WhatnotWhatnot doubled its valuation to $20 billion in a live-shopping market that has nothing to do with AI, proof that non-AI consumer businesses can still command venture megaround pricing in 2026.→
  5. K2 Space Raises $500M Series D at $6.8B ValuationK2 Space raised a $500 million Series D co-led by Kleiner Perkins and ICONIQ, valuing the large-satellite manufacturer at $6.8 billion as it targets building up to 100 large satellites a year for commercial and defense customers.→
  6. K2 Space Raises $500M at $6.8B ValuationK2 Space raised a $500 million Series D at a $6.8 billion valuation, co-led by Kleiner Perkins and Iconiq, to scale production of large, high-power satellites for data-heavy communications and defense missions.→
  7. Paper Raises $34M for AI-Native Design PlatformPaper, an AI-native design platform for teams shipping software with coding agents, raised a $34 million Series A led by Accel and ICONIQ, with angel backing from Anthropic and OpenAI engineers.→

Iconiq Capital FAQ

What companies has Iconiq Capital invested in?

Iconiq Capital's portfolio includes Anthropic, Ramp, Oura, Medici Brands, ElevenLabs, Rillet, and 7 more tracked companies.

Who does Iconiq Capital co-invest with most?

In the rounds Value Add tracks, Iconiq Capital most often invests alongside Alkeon Capital (5 shared deals), Lightspeed Venture Partners (5 shared deals), Accel (4 shared deals), General Catalyst (4 shared deals), Greenoaks (4 shared deals).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data · Suggest a correction