# Icon Ventures: portfolio, investments and team > Icon Ventures is a vc firm based in United States. 168 investments on record, 1 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/icon-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Icon Ventures Last cheque observed May 2026; 168 cheques on record. Email Deploying now New fund, Jan 2021 VC firm Seed Series A Series B Enterprise Data Management Cybersecurity Digital Health Follow Icon Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ficon-ventures) Deploying now **100%** of best year **1** **cheques in 12 months**, 168 on record Since the last cheque **178** days **00** hrs **00** min **00** sec Median round **$34M** Rounds led **2 of 168** Sole investor **1 rounds** Exits **43 from the portfolio** Mostly in **United States, 97%** Pitch Icon Ventures ## Icon Ventures highlights - 01 1 cheques in the last 12 months - 02 Mostly Series C and Series B: 61% of its rounds - 03 Sole investor in 1 rounds, median $16M - 04 43 exits from the portfolio ## What they do > We invest from Seed Stage through Series B From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Enterprise Data Management Cybersecurity Digital Health - **Based in:** Palo Alto, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **168 appearances** - **2026** 1 round - **May** **[Qutwo](https://millionrounds.com/company/qutwo)** Seed · FI · PostScriptum **$29M** With 15 others - **2024** 1 round - **Apr** **[Midi Health](https://millionrounds.com/company/midi-health)** Series B · US · Icon Ventures **$60M** With 17 others - **2019** 4 rounds - **Aug** **[Nomad Health](https://millionrounds.com/company/nomad-health)** Debt · US · FinSMEs **$34M** *Led* - **Jul** **[TrustArc](https://millionrounds.com/company/trustarc)** Series D · US · FinSMEs **$70M** With 5 others - **Jun** **[Button](https://millionrounds.com/company/button)** Series C · US · FinSMEs **$30M** *Led* - **Feb** **[Ionic Security](https://millionrounds.com/company/ionic-security)** Series E · US · FinSMEs **$40M** With 6 others - **2016** 3 rounds - **Dec** **[Thanx](https://millionrounds.com/company/thanx)** Series B · US · FinSMEs **$17M** With 4 others - **Jun** **[The Muse](https://millionrounds.com/company/the-muse)** Series B · US · Forbes **$16M** Sole investor - **Jan** **[Ionic Security](https://millionrounds.com/company/ionic-security)** **$45M** With 19 others - **2015** 9 rounds - **Oct** **[Area 1 Security](https://millionrounds.com/company/area-1-security)** Series B · US **$15M** With 6 others - **Sept** **[Exabeam](https://millionrounds.com/company/exabeam)** Series B · US **$25M** With 3 others - **Aug** **[Zephyr Health](https://millionrounds.com/company/zephyr-health)** Series C · US **$17M** With 4 others - **Aug** **[Duetto](https://millionrounds.com/company/duetto)** Series C · US **$30M** With 6 others - **Jul** **[Delphix](https://millionrounds.com/company/delphix)** Series D · US **$75M** With 5 others - **Apr** **[RedSeal, Inc.](https://millionrounds.com/company/redseal-inc)** Series C · US **$17M** With 8 others - **Feb** **[Synack](https://millionrounds.com/company/synack)** Series B · US **$25M** With 4 others - **Jan** **[Tune](https://millionrounds.com/company/tune)** Series B · US **$27M** With 2 others - **Jan** **[Ionic Security](https://millionrounds.com/company/ionic-security)** Series C · US **$40M** With 4 others - **2014** 17 rounds - **Dec** **[Huddle](https://millionrounds.com/company/huddle)** Series D · US **$51M** With 5 others - **Oct** **[PLAYSTUDIOS](https://millionrounds.com/company/playstudios)** Series C · US · Firms' own news pages **$20M** With 2 others - **Oct** **[Appboy](https://millionrounds.com/company/appboy)** Series B · US **$15M** With 5 others - **Sept** **[Teladoc](https://millionrounds.com/company/teladoc)** Series C · US **$50M** With 9 others - **Sept** **[Backtrace](https://millionrounds.com/company/backtrace)** Seed · US **$1.1M** With 7 others - **Aug** **[Kapta](https://millionrounds.com/company/kapta)** Seed · US **$675K** With 5 others - **Jul** **[Elevate Research](https://millionrounds.com/company/elevate-research)** Seed · US **$500K** With 4 others - **Jun** **[Sport Ngin](https://millionrounds.com/company/sport-ngin)** Series D · US **$25M** With 3 others - **Jun** **[CloudPhysics](https://millionrounds.com/company/cloudphysics)** Series C · US **$15M** With 6 others - **Jun** **[Cloud Elements](https://millionrounds.com/company/cloud-elements)** Series A · US **$3.1M** With 3 others - **May** **[true[x]](https://millionrounds.com/company/truex)** Series D · US **$6.0M** With 4 others - **Mar** **[Coupa Software](https://millionrounds.com/company/coupa-software)** Series F · US **$40M** With 7 others - **Feb** **[Ionic Security](https://millionrounds.com/company/ionic-security)** Series B · US **$26M** With 12 others - **Jan** **[Origami Logic](https://millionrounds.com/company/origami-logic)** Series B · US **$15M** With 3 others - **Jan** **[GutCheck](https://millionrounds.com/company/gutcheck)** Series C · US **$4.0M** With 5 others - **Jan** **[Tonomi, Inc.](https://millionrounds.com/company/tonomi-inc)** Venture · US **$1.8M** With 2 others - **Jan** **[Zephyr Health](https://millionrounds.com/company/zephyr-health)** Series B · US **$15M** With 3 others - **2013** 12 rounds - **Dec** **[Swarm Mobile](https://millionrounds.com/company/swarm-mobile)** Series A · US · finsmes.com **$3.5M** With 3 others - **Nov** **[Bill.com](https://millionrounds.com/company/bill-com)** Series E · US · techcrunch.com **$38M** With 13 others - **Nov** **[Appboy](https://millionrounds.com/company/appboy)** Series A · US · techcrunch.com **$7.6M** With 10 others - **Nov** **[SiTime](https://millionrounds.com/company/sitime)** Series F · US · finance.yahoo.com **Undisclosed** With 11 others - **Oct** **[9Lenses](https://millionrounds.com/company/9lenses)** Series A · US · finsmes.com **$1.1M** With 3 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **5 named** JG **Jeb Gleva Miller** Manager of Icon Management Associates VII, LLC i Filing they signed JH **Joseph H Horowitz** Manager of Icon Management Associates VII, LLC i Filing they signed MM **Michael M. Mullany** Manager of Icon Management Associates VII, LLC i Filing they signed PM **Preeti M. Rathi** Manager of Icon Management Associates VII, LLC i Filing they signed TM **Thomas M. Mawhinney** Manager of Icon Management Associates VII, LLC i Filing they signed We also hold **19** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$826M** gross assets of its funds, 4 advisers combined Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** ICON Management Associates VII, LLC - **SEC number:** CRD 313640 ## What they claim to have backed From their own portfolio page (on their website) **43** of 60 we have independently watched raise [Airtop](https://millionrounds.com/company/airtop)[Aisera](https://millionrounds.com/company/aisera)[Alation](https://millionrounds.com/company/alation)[At-bay](https://millionrounds.com/company/at-bay)[Centrak](https://millionrounds.com/company/centrak)[Cequence](https://millionrounds.com/company/cequence-security)[Cisco](https://millionrounds.com/company/cisco)[Cloudflare](https://millionrounds.com/company/cloudflare)[Cloudphysics](https://millionrounds.com/company/cloudphysics)[Confluent](https://millionrounds.com/company/confluent)[Cradlepoint](https://millionrounds.com/company/cradlepoint)[Datrium](https://millionrounds.com/company/datrium)[Deepsky](https://millionrounds.com/company/deep-sky)[Duettocloud](https://millionrounds.com/company/duetto)[Exabeam](https://millionrounds.com/company/exabeam)[Globalworldwide](https://millionrounds.com/company/global-worldwide)[Inkling](https://millionrounds.com/company/inkling)[Mavenclinic](https://millionrounds.com/company/maven-clinic)[Medeloop](https://millionrounds.com/company/medeloop)[Mimosasystems](https://millionrounds.com/company/mimosa-systems)[Moovweb](https://millionrounds.com/company/moovweb)[Nomadhealth](https://millionrounds.com/company/nomad-health)[Origamilogic](https://millionrounds.com/company/origami-logic)[Paloaltonetworks](https://millionrounds.com/company/redlock)[Playstudios](https://millionrounds.com/company/playstudios)[Proofpoint](https://millionrounds.com/company/proofpoint)[Quizlet](https://millionrounds.com/company/quizlet)[Redseal](https://millionrounds.com/company/redseal)[Remesh](https://millionrounds.com/company/remesh)[Reputation](https://millionrounds.com/company/sim-partners)[Revefi](https://millionrounds.com/company/revefi)[Ripcord](https://millionrounds.com/company/ripcord)[Rockset](https://millionrounds.com/company/rockset)[Rula](https://millionrounds.com/company/rula)[Sencha](https://millionrounds.com/company/sencha)[Simbian](https://millionrounds.com/company/simbian)[Synack](https://millionrounds.com/company/synack)[Themuse](https://millionrounds.com/company/the-muse)[Trustarc](https://millionrounds.com/company/trustarc)[Tune](https://millionrounds.com/company/tune)[Tunein](https://millionrounds.com/company/tunein)[Twilio](https://millionrounds.com/company/twilio)[Vuclip](https://millionrounds.com/company/vuclip) Asserts Bill Dell Digimarc Enspireforenterprise Geteppo Hellocreator Infillion Istaridigital Joinmidi Kibocommerce Mcafee Paravision Qvc Realtor Skyworksinc Streamlabs and 9 more Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Exits from the portfolio Companies it backed that were later bought or listed **43 in all** **[MarketLive](https://millionrounds.com/company/marketlive)** Bought by [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) **Undisclosed** Nov 2015 **[Calypto Design Systems](https://millionrounds.com/company/calypto-design-systems)** Bought by [Mentor Graphics](https://millionrounds.com/fund/mentor-graphics) **Undisclosed** Sept 2015 **[Tonomi, Inc.](https://millionrounds.com/company/tonomi-inc)** Bought by [Grid Dynamics](https://millionrounds.com/fund/grid-dynamics) **Undisclosed** Aug 2015 **[Voltage Security](https://millionrounds.com/company/voltage-security)** Bought by Hp **Undisclosed** May 2015 **[Voltage Security](https://millionrounds.com/company/voltage-security)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **Undisclosed** Feb 2015 **[true[x]](https://millionrounds.com/company/truex)** Bought by [21st Century Fox](https://millionrounds.com/fund/21st-century-fox) **$200M** Dec 2014 **[Swarm Mobile](https://millionrounds.com/company/swarm-mobile)** Bought by [Groupon](https://millionrounds.com/fund/groupon) **Undisclosed** Nov 2014 **[SiTime](https://millionrounds.com/company/sitime)** Bought by MegaChips Corporation **$200M** Oct 2014 **[Cortina Systems](https://millionrounds.com/company/cortina-systems)** Bought by INPHI **$131M** Oct 2014 **[Plastic Jungle](https://millionrounds.com/company/plastic-jungle)** Bought by CardCash.com **Undisclosed** Jul 2014 **[Scintera Networks](https://millionrounds.com/company/scintera-networks)** Bought by Maxim Integrated Products **Undisclosed** Jan 2014 **[Hara](https://millionrounds.com/company/hara)** Bought by Verisae **Undisclosed** Oct 2013 **[41st Parameter](https://millionrounds.com/company/41st-parameter)** Bought by [Experian](https://millionrounds.com/fund/experian) **$324M** Oct 2013 **[FireEye](https://millionrounds.com/company/fireeye)** Listed **$304M** Sept 2013 **[MoPub](https://millionrounds.com/company/mopub)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$350M** Sept 2013 **[Group Commerce](https://millionrounds.com/company/group-commerce)** Bought by Nimble Commerce **Undisclosed** May 2013 **[Oodle](https://millionrounds.com/company/oodle)** Bought by [QVC](https://millionrounds.com/fund/qvc) **Undisclosed** Dec 2012 **[Attributor](https://millionrounds.com/company/attributor)** Bought by Digimarc **Undisclosed** Dec 2012 **[Palo Alto Networks](https://millionrounds.com/company/palo-alto-networks)** Listed **Undisclosed** Jul 2012 **[Meebo](https://millionrounds.com/company/meebo)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **$100M** Jun 2012 The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **Raised** a new fund in Jan 2021 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$34M** the round, not its cheque Alone, median **$16M** Led 2 of 168 rounds **1%** - **Sole investor:** 1 rounds - **Last cheque:** May 2026 - **Exits:** 43 from the portfolio Rounds by stage said on their site - Series C *51* - Series B said *43* - Series D *29* - Venture *11* - Series E *11* - Series A said *9* - Seed said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Jafco Ventures](https://millionrounds.com/fund/jafco-ventures) 89 - [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 22 - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 20 - [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 16 - [Redpoint](https://millionrounds.com/fund/redpoint) 16 - [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 15 **Pitching Icon Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Icon Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Jafco Ventures** Growth equity **89** rounds together](https://millionrounds.com/fund/jafco-ventures)[**Kleiner Perkins Caufield & Byers** VC firm **22** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)[**Sequoia Capital** VC firm **20** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Bessemer Venture Partners** VC firm **16** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Redpoint** VC firm **16** rounds together](https://millionrounds.com/fund/redpoint)[**Norwest Venture Partners** VC firm **15** rounds together](https://millionrounds.com/fund/norwest)[**DAG Ventures** VC firm **14** rounds together](https://millionrounds.com/fund/dag-ventures)[**Rally Ventures** VC firm **13** rounds together](https://millionrounds.com/fund/rally-ventures)[**Venrock** VC firm **11** rounds together](https://millionrounds.com/fund/venrock)[**August Capital** VC firm **10** rounds together](https://millionrounds.com/fund/august-capital)[**Accel** VC firm **9** rounds together](https://millionrounds.com/fund/accel)[**Menlo Ventures** VC firm **9** rounds together](https://millionrounds.com/fund/menlo-ventures) ## Recently backed The latest companies Icon Ventures put money into. [**Midi Health** $60M · Apr 2024](https://millionrounds.com/company/midi-health)[**Nomad Health** $34M · Aug 2019](https://millionrounds.com/company/nomad-health)[**TrustArc** $70M · Jul 2019](https://millionrounds.com/company/trustarc)[**Button** $30M · Jun 2019](https://millionrounds.com/company/button)[**Ionic Security** $40M · Feb 2019](https://millionrounds.com/company/ionic-security)[**Thanx** $17M · Dec 2016](https://millionrounds.com/company/thanx) ## Quick answers about Icon Ventures ### What does Icon Ventures invest in? Icon Ventures invests most often at Series C and Series B (61% of the rounds on record), in sectors such as Enterprise Data Management, Cybersecurity and Digital Health. ### How active is Icon Ventures? 168 investments on record, 1 of them in the last 12 months, and it led 2. The most recent was in May 2026. ### What has Icon Ventures invested in recently? Its most recent investments on record: Qutwo (Seed, May 2026), Midi Health (Series B, Apr 2024) and Nomad Health (Debt, Aug 2019). ### How big are Icon Ventures's cheques? The median round it joins is $34M. ### Does Icon Ventures lead rounds? Sometimes: it led 2 of its 168 investments on record (1%). ### Where does Icon Ventures invest? Most of the companies it backs are in the United States (97%). ### Is Icon Ventures investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Icon Ventures invest alongside? Most often Jafco Ventures (89 rounds together), Kleiner Perkins Caufield & Byers (22 rounds together) and Sequoia Capital (20 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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