# Iconiq Capital: portfolio, investments and team

> Iconiq Capital is a growth equity based in Sri Lanka. 87 investments on record, 14 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/iconiq-capital-3 (Millionrounds; every figure on the page links to its filing or article)

Sri Lanka · [Investor](https://millionrounds.com/investors)

# Iconiq Capital

Last cheque observed Sep 2026; 87 cheques on record.

Email

Deploying now Growth equity

Series C Series B Series D Venture Capital & Private Equity

Follow Iconiq Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ficoniq-capital-3)

Deploying now

**78%** of best year **14** **cheques in 12 months**, 87 on record

Since the last cheque **59** days **00** hrs **00** min **00** sec

Median round **$75M** Rounds led **7 of 87** Sole investor **6 rounds** Exits **1 from the portfolio** Mostly in **United States, 78%**

Pitch Iconiq Capital

## Iconiq Capital highlights

- 01 14 cheques in the last 12 months
- 02 Mostly Series C and Series B: 49% of its rounds
- 03 Sole investor in 6 rounds, median $80M
- 04 1 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Colombo, Sri Lanka
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **87 appearances**

- **2026** 11 rounds
- **Sept** **[David](https://millionrounds.com/company/david)** Series B · US · AlleyWatch **$250M** With 6 others
- **Jul** **[PAPER](https://millionrounds.com/company/paper)** Series A · CA **$34M** With 2 others
- **Jun** **[Conduct](https://millionrounds.com/company/conduct)** Series A · GB **$59M** With 3 others
- **Apr** **[Hightouch](https://millionrounds.com/company/hightouch)** Growth · US · Ventureburn **$150M** With 7 others
- **Apr** **[Torus](https://millionrounds.com/company/torus)** Debt · LT **$35M** With 6 others
- **Apr** **[CodePath](https://millionrounds.com/company/codepath)** Venture · US **Undisclosed** With 1 other
- **Mar** **[Whirl AI](https://millionrounds.com/company/whirl-ai)** Seed · US **$8.9M** With 1 other
- **Mar** **[Xona](https://millionrounds.com/company/xona)** Series C · US **$170M** With 5 others
- **Mar** **[Standard Template Labs](https://millionrounds.com/company/standard-template-labs)** Seed · US **$49M** With 2 others
- **Feb** **[Anthropic](https://millionrounds.com/company/anthropic)** Growth · US · Crunchbase News **$30B** *Led*
- **Jan** **[Safe Online](https://millionrounds.com/company/safe-online)** Seed · US **$2.0M** With 1 other
- **2025** 10 rounds
- **Dec** **[Hometap](https://millionrounds.com/company/hometap)** Growth · US **$50M** With 4 others
- **Dec** **[Sierra](https://millionrounds.com/company/sierra)** Venture · US **Undisclosed** With 4 others
- **Nov** **[Ramp](https://millionrounds.com/company/ramp)** US · Crunchbase News **$300M** With 25 others
- **Sept** **[Torus](https://millionrounds.com/company/torus)** Series B · LT **$200M** With 6 others
- **Sept** **[Lead](https://millionrounds.com/company/lead)** Series B · US **$70M** With 5 others
- **Aug** **[Strand Therapeutics](https://millionrounds.com/company/strand-therapeutics)** Series B · US **$153M** With 6 others
- **Jul** **[Anthropic](https://millionrounds.com/company/anthropic)** Growth · US · Crunchbase News **$5.0B** *Led*
- **Jul** **[Quince](https://millionrounds.com/company/quince)** US · Crunchbase News **$200M** *Led*
- **Jul** **[Blue Owl](https://millionrounds.com/company/blue-owl)** Debt · US **$148M** With 4 others
- **Jun** **[Tennr](https://millionrounds.com/company/tennr)** Series C · US · AlleyWatch **$101M** With 6 others
- **2024** 10 rounds
- **Oct** **[Planetary](https://millionrounds.com/company/planetary)** Series A · CH **$11M** With 3 others
- **Sept** **[CodePath](https://millionrounds.com/company/codepath)** Grant · US **$50M** With 1 other
- **Jul** **[Opportunity@Work](https://millionrounds.com/company/opportunity-work)** Grant · US **$20M** With 1 other
- **Jun** **[Soul Machines](https://millionrounds.com/company/soul-machines)** US **$5.6M** With 7 others
- **Mar** **[Cheetah](https://millionrounds.com/company/cheetah)** Venture · US **Undisclosed** With 4 others
- **Mar** **[Adaptive ML](https://millionrounds.com/company/adaptive-ml)** Series A · FR **$20M** With 2 others
- **Mar** **[Propel](https://millionrounds.com/company/propel)** Venture · DE **Undisclosed** With 2 others
- **Feb** **[MindRight Health](https://millionrounds.com/company/mindright-health)** Venture · US **Undisclosed** With 5 others
- **Feb** **[FreeWorld](https://millionrounds.com/company/freeworld)** Venture · US **Undisclosed** With 1 other
- **Jan** **[Perfect Day](https://millionrounds.com/company/perfect-day)** Series E · US **$90M** With 5 others
- **2023** 3 rounds
- **Aug** **[Nile](https://millionrounds.com/company/nile)** Series C · US **$175M** With 5 others
- **Aug** **[UnshETH](https://millionrounds.com/company/unsheth)** Seed · US **$3.3M** With 3 others
- **May** **[Builder.ai](https://millionrounds.com/company/builder-ai)** Series D · GB **$250M** With 6 others
- **2022** 1 round
- **Nov** **[Gel](https://millionrounds.com/company/gel)** Series A · US **$15M** With 3 others
- **2021** 3 rounds
- **Jun** **[Marqeta](https://millionrounds.com/company/marqeta)** Venture **Undisclosed** With 5 others
- **Apr** **[Modern Meadow](https://millionrounds.com/company/modern-meadow)** Series C **$130M** With 4 others
- **Feb** **[Brightwheel](https://millionrounds.com/company/brightwheel)** Series C **$55M** With 5 others
- **2020** 2 rounds
- **Sept** **[Zymergen](https://millionrounds.com/company/zymergen)** Series D **$300M** With 5 others
- **Apr** **[Cheetah](https://millionrounds.com/company/cheetah)** Series B · US · Firms' own news pages **$36M** 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

We hold **4** 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 they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[1password](https://millionrounds.com/company/1password)[Acuitymd](https://millionrounds.com/company/acuitymd)[Adyen](https://millionrounds.com/company/adyen)[Ageoflearning](https://millionrounds.com/company/age-of-learning)[Airbnb](https://millionrounds.com/company/airbnb)[Airtable](https://millionrounds.com/company/airtable)[Ajaib](https://millionrounds.com/company/ajaib)[Anduril](https://millionrounds.com/company/anduril-industries)[Anthropic](https://millionrounds.com/company/anthropic)[Apprentice](https://millionrounds.com/company/apprentice-io)[Articulate](https://millionrounds.com/company/articulate)[Aurorasolar](https://millionrounds.com/company/aurora-solar)[Automattic](https://millionrounds.com/company/automattic)[Backstory](https://millionrounds.com/company/backstory)[Bamboohr](https://millionrounds.com/company/bamboohr)[Benchling](https://millionrounds.com/company/benchling)[Betterup](https://millionrounds.com/company/betterup)[Blackline](https://millionrounds.com/company/blackline)[Braze](https://millionrounds.com/company/braze)[Campaignmonitor](https://millionrounds.com/company/campaign-monitor)[Canva](https://millionrounds.com/company/canva)[Captivateiq](https://millionrounds.com/company/captivateiq)[Causaly](https://millionrounds.com/company/causaly)[Chime](https://millionrounds.com/company/chime)[Collibra](https://millionrounds.com/company/collibra)[Conduct](https://millionrounds.com/company/conduct)[Conga](https://millionrounds.com/company/conga)[Crowdstrike](https://millionrounds.com/company/crowdstrike)[Databricks](https://millionrounds.com/company/databricks)[Datadoghq](https://millionrounds.com/company/datadog)[Dataiku](https://millionrounds.com/company/dataiku)[Deepl](https://millionrounds.com/company/deepl)[Dexcare](https://millionrounds.com/company/dexcare)[Dialpad](https://millionrounds.com/company/dialpad)[Docusign](https://millionrounds.com/company/docusign)[Drata](https://millionrounds.com/company/drata)[Elevenlabs](https://millionrounds.com/company/elevenlabs)[Everyday luxury for](https://millionrounds.com/company/quince)[Evolutioniq](https://millionrounds.com/company/evolutioniq)[Ezcater](https://millionrounds.com/company/ezcater)[Fastly](https://millionrounds.com/company/fastly)[Fetchrewards](https://millionrounds.com/company/fetch-rewards)[Figma](https://millionrounds.com/company/figma)[Fin](https://millionrounds.com/company/fin)[Fireblocks](https://millionrounds.com/company/fireblocks)[Fivetran](https://millionrounds.com/company/fivetran)[Freewill](https://millionrounds.com/company/freewill)[Ftx](https://millionrounds.com/company/ftx)[Glean](https://millionrounds.com/company/glean)[Gofundme](https://millionrounds.com/company/gofundme)[Groww](https://millionrounds.com/company/groww)[Guildeducation](https://millionrounds.com/company/guild-education)[Hashicorp](https://millionrounds.com/company/hashicorp)[Headspin](https://millionrounds.com/company/headspin)[Helsing](https://millionrounds.com/company/helsing)[Highradius](https://millionrounds.com/company/highradius)[Hightouch](https://millionrounds.com/company/hightouch)[Hippo](https://millionrounds.com/company/hippo-insurance)[Houzz](https://millionrounds.com/company/houzz)[Invisionapp](https://millionrounds.com/company/invisionapp) and 91 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 **1 in all**

**[Flipkart](https://millionrounds.com/company/flipkart)** Bought by [Ebay](https://millionrounds.com/fund/ebay) **Undisclosed** Aug 2017

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series C Series B Series D

Median round joined **$75M** the round, not its cheque Alone, median **$80M**

Led 7 of 87 rounds **8%**

- **Sole investor:** 6 rounds
- **Last cheque:** Sept 2026
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series C *13*
- Series B *13*
- Series D *11*
- Venture *10*
- Growth *6*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [IQ Capital](https://millionrounds.com/fund/iq-capital) 36
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 7
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 6
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 6
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) 6
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 6

**Pitching Iconiq Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Iconiq Capital. A count of rooms they were both in, not a relationship either has claimed.

[**IQ Capital** VC firm **36** rounds together](https://millionrounds.com/fund/iq-capital)[**Lightspeed Venture Partners** VC firm **7** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**Bessemer Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**General Catalyst** VC firm **6** rounds together](https://millionrounds.com/fund/general-catalyst)[**Salesforce Ventures** Corporate VC **6** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Sequoia Capital** VC firm **6** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Y Combinator** Accelerator **6** rounds together](https://millionrounds.com/fund/y-combinator)[**Battery Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/battery-ventures)[**GIC** Private equity **5** rounds together](https://millionrounds.com/fund/gic)[**Tiger Global Management** VC firm **5** rounds together](https://millionrounds.com/fund/tiger-global-management)[**CRV** VC firm **4** rounds together](https://millionrounds.com/fund/crv)[**Coatue** VC firm **4** rounds together](https://millionrounds.com/fund/coatue-management)

## Recently backed

The latest companies Iconiq Capital put money into.

[**David** $250M · Sept 2026](https://millionrounds.com/company/david)[**PAPER** $34M · Jul 2026](https://millionrounds.com/company/paper)[**Conduct** $59M · Jun 2026](https://millionrounds.com/company/conduct)[**Hightouch** $150M · Apr 2026](https://millionrounds.com/company/hightouch)[**Torus** $35M · Apr 2026](https://millionrounds.com/company/torus)[**CodePath** Apr 2026](https://millionrounds.com/company/codepath)

## Mentioned on podcasts

Episodes that name Iconiq Capital in their description, not their title.

- [Fund/Build/Scale](https://millionrounds.com/podcasts/fund-build-scale) 15 Dec 2024 · 33 min Seed-stage Valuation Insights from Lightspeed's Nnamdi Iregbulem With [Nnamdi Iregbulem](https://millionrounds.com/person/nnamdi-iregbulem) Mentions [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3)[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Apple PodcastsShow page

## Quick answers about Iconiq Capital

### What does Iconiq Capital invest in?

Iconiq Capital invests most often at Series C and Series B (49% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Iconiq Capital?

87 investments on record, 14 of them in the last 12 months, and it led 7. The most recent was in Sept 2026.

### What has Iconiq Capital invested in recently?

Its most recent investments on record: David (Series B, Sept 2026), PAPER (Series A, Jul 2026) and Conduct (Series A, Jun 2026).

### How big are Iconiq Capital's cheques?

The median round it joins is $75M.

### Does Iconiq Capital lead rounds?

Sometimes: it led 7 of its 87 investments on record (8%).

### Where does Iconiq Capital invest?

Most of the companies it backs are in the United States (78%), the United Kingdom (6%) and Lithuania (6%).

### Is Iconiq Capital investing now?

Yes: it is actively investing, with 14 investments in the last 12 months.

### Who does Iconiq Capital invest alongside?

Most often IQ Capital (36 rounds together), Lightspeed Venture Partners (7 rounds together) and Bessemer Venture Partners (6 rounds together).

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