# ICONIQ Capital: portfolio, investments and team

> ICONIQ Capital is a family office based in United States. 56 investments on record, 21 in the last 12 months, latest Oct 2026.

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

United States · [Investor](https://millionrounds.com/investors)

# ICONIQ Capital

Last cheque observed Oct 2026; 56 cheques on record.

Email

Deploying now New fund $636M, Jul 2026 Family office

Seed Series A Series B AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics

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)

Deploying now

**100%** of best year **21** **cheques in 12 months**, 56 on record

Since the last cheque **4** days **00** hrs **00** min **00** sec

Median round **$158M** Cheque size, as they say **$5.0M – $100M** Rounds led **16 of 56** Sole investor **2 rounds** Exits **2 from the portfolio** Mostly in **United States, 74%**

Pitch ICONIQ Capital

## ICONIQ Capital highlights

- 01 21 cheques in the last 12 months
- 02 Mostly Series D and Series E: 51% of its rounds
- 03 Sole investor in 2 rounds, median $51M
- 04 2 exits from the portfolio

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2024-04 From their own website

- **Type:** Family office (from a list, unverified)
- **Cheque size:** $5.0M – $100M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** AI & Machine Learning Artificial Intelligence & Machine Learning (AI/ML) Big Data & Analytics
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **56 appearances**

- **2026** 20 rounds
- **Oct** **[Wealthsimple](https://millionrounds.com/company/wealthsimple)** Series F · CA · BetaKit **$302M** With 6 others
- **Oct** **[Wealthsimple](https://millionrounds.com/company/wealthsimple)** Growth · CA · Google News search **$425M** With 6 others
- **Oct** **[Nevis](https://millionrounds.com/company/nevis)** Series B · US · Google News search **$70M** With 5 others
- **Oct** **[Pigment](https://millionrounds.com/company/pigment)** Series E · FR · Wowtale **$250M** With 9 others
- **Oct** **[Legora](https://millionrounds.com/company/legora)** Series E · SE · Google News search **$550M** With 17 others
- **Oct** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · AI Funding Tracker **$1.9B** With 24 others
- **Aug** **[Rillet](https://millionrounds.com/company/rillet)** Series C · US · TechCrunch **$100M** *Led*
- **Jul** **[K2 Space](https://millionrounds.com/company/k2-space)** Series D · US · Alpine Space Ventures **$500M** *Led*
- **Jul** **[Helsing](https://millionrounds.com/company/helsing)** Series E · DE · TechStartups **$1.8B** With 12 others
- **Jul** **[Ramp](https://millionrounds.com/company/ramp)** Late stage · US · AlleyWatch **$750M** *Led*
- **Jul** **[Prime Intellect](https://millionrounds.com/company/prime-intellect)** Series A · US · TechCrunch **$130M** With 11 others
- **May** **[Anthropic](https://millionrounds.com/company/anthropic)** Series H · US · Crunchbase News **$50B** *Led*
- **May** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · TechCrunch **$750M** *Led*
- **Mar** **[Quince](https://millionrounds.com/company/quince)** Series E · US · TechCrunch **$500M** *Led*
- **Mar** **[Legora](https://millionrounds.com/company/legora)** Series D · SE · Crunchbase News **$550M** With 13 others
- **Mar** **[Grotto AI](https://millionrounds.com/company/grotto-ai)** Seed · TechStartups **$10M** *Led*
- **Feb** **[ElevenLabs](https://millionrounds.com/company/elevenlabs)** Series D · US · TechCrunch **$500M** With 23 others
- **Jan** **[Outtake](https://millionrounds.com/company/outtake)** Series B · US · TechCrunch **$40M** *Led*
- **Jan** **[Rain](https://millionrounds.com/company/rain)** Series C · US · Harlem Capital **$250M** *Led*
- **Jan** **[Swap Commerce](https://millionrounds.com/company/swap-commerce)** Series B · GB · TechCrunch **$100M** *Led*
- **2025** 8 rounds
- **Dec** **[Nevis](https://millionrounds.com/company/nevis)** Series A · US · TechStartups **$35M** With 3 others
- **Oct** **[Oura](https://millionrounds.com/company/oura)** Growth · FI · TechCrunch **$900M** With 8 others
- **Oct** **[Legora](https://millionrounds.com/company/legora)** Series C · SE · Silicon Canals **$150M** With 5 others
- **Sept** **[Anthropic](https://millionrounds.com/company/anthropic)** Series F · US · Crunchbase News **$13B** *Led*
- **Aug** **[Rillet](https://millionrounds.com/company/rillet)** Series B · US · Crunchbase News **$70M** *Led*
- **Aug** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · Crunchbase News **$500M** *Led*
- **Jun** **[Glean](https://millionrounds.com/company/glean)** Growth · US · Crunchbase News **$150M** With 17 others
- **Jan** **[Oura](https://millionrounds.com/company/oura)** Series E · FI · Amboy Street Ventures **$900M** With 3 others
- **2024** 2 rounds
- **Oct** **[Sierra](https://millionrounds.com/company/sierra)** US · TechCrunch **$175M** With 2 others
- **Oct** **[Writer](https://millionrounds.com/company/writer)** Series C · US · Crunchbase News **$200M** *Led*
- **2019** 3 rounds
- **May** **[SendBird](https://millionrounds.com/company/sendbird)** Series B · US · FinSMEs **$50M** With 1 other
- **Apr** **[ezCater](https://millionrounds.com/company/ezcater)** Series D · US · TechCrunch **$150M** With 5 others
- **Mar** **[Chime](https://millionrounds.com/company/chime)** Series D · US · TechCrunch **$200M** With 6 others
- **2018** 8 rounds
- **Dec** **[InVision](https://millionrounds.com/company/invision)** Series F · US · FinSMEs **$115M** With 5 others
- **Nov** **[ServiceTitan](https://millionrounds.com/company/servicetitan)** Series D · US · FinSMEs **$165M** With 4 others
- **Nov** **[Netskope](https://millionrounds.com/company/netskope)** Series F · US · FinSMEs **$169M** With 5 others
- **Oct** **[HeadSpin](https://millionrounds.com/company/headspin)** Series B · US · FinSMEs **$20M** With 11 others
- **Oct** **[Epic Games](https://millionrounds.com/company/epic-games)** US · TechCrunch **$1.3B** With 6 others
- **Oct** **[Lucidchart](https://millionrounds.com/company/lucidchart)** US · FinSMEs **$72M** With 2 others
- **Oct** **[Snowflake](https://millionrounds.com/company/snowflake)** US · FinSMEs **$450M** With 7 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 **6 named**

DK **Divesh Kanthylal Makan** Director of the General Partner of the General Partner i Filing they signed

JB **Jason Brian Craig** Chief Compliance Officer and Senior Counsel i Form ADV

KK **Kevin Kanthylal Foster** Vice President of the General Partner of the General Partner i Filing they signed

LT **Louis Thorne** Chief Operating Officer i Form ADV

MT **Michael Thomas Anders** Partner i Form ADV

WJ **William John Griffith** Director of the General Partner of the General Partner i Filing they signed

We also hold **14** 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

**$118B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Iconiq Capital, LLC
- **SEC number:** CRD 159198

Funds on its Form ADV

**302** private funds, **$72B** in gross assets · filed Oct 2024

Special purpose vehicle **148** Private equity **139** Hedge **8**

- ICONIQ Strategic Partners VII-B, L.P. *Private equity* 263 investors $3.6B
- ICONIQ Strategic Partners VI-B, L.P. *Private equity* 360 investors $2.5B
- ICONIQ Strategic Partners IV-B, L.P. *Private equity* 149 investors $2.2B
- Glide Path Solutions 2022, L.P. *Hedge* 193 investors $2.2B
- ICONIQ Strategic Partners VI, L.P. *Private equity* 513 investors $1.7B
- ICONIQ Strategic Partners II, L.P. *Private equity* 306 investors $1.7B
- Emerging Markets Portfolio, L.P. *Private equity* 248 investors $1.6B
- Glide Path Solutions 2021, L.P. *Private equity* 156 investors $1.6B
- ICONIQ Strategic Partners V-B, L.P. *Private equity* 254 investors $1.4B
- ICONIQ Strategic Partners IV, L.P. *Private equity* 314 investors $1.3B

And 292 more on the filing.

Who backs their funds

## 1 LP on record in ICONIQ Capital's funds

- **Committed:** $10M
- **Funds:** 1
- **Vintages:** 2019

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2025.

- [**Regents of the University of California** 1 fund *$10M*](https://millionrounds.com/fund/regents-of-the-university-of-california) Fund Vintage Committed Iconiq Strategic Partners IV 2019 $10M

## 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 **2 in all**

**[Turbonomic](https://millionrounds.com/company/turbonomic)** Bought by [Ibm](https://millionrounds.com/fund/ibm) **Undisclosed** Jun 2021

**[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.

New fund on file

**$636M**

raised in Jul 2026

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 **$158M** the round, not its cheque Alone, median **$51M**

Led 16 of 56 rounds **29%**

- **Said size:** $5.0M – $100M
- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series D *10*
- Series E *9*
- Growth said *7*
- Series B said *7*
- Series C *4*
- Seed said *-*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 12
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 11
- [GIC](https://millionrounds.com/fund/gic) 8
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 8
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) 7
- [Accel](https://millionrounds.com/fund/accel) 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.

Add to your CRM *→*

## 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.

[**Lightspeed Venture Partners** VC firm **12** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**General Catalyst** VC firm **11** rounds together](https://millionrounds.com/fund/general-catalyst)[**GIC** Private equity **8** rounds together](https://millionrounds.com/fund/gic)[**Sequoia Capital** VC firm **8** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Salesforce Ventures** Corporate VC **7** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Accel** VC firm **6** rounds together](https://millionrounds.com/fund/accel)[**Fidelity** VC firm **6** rounds together](https://millionrounds.com/fund/fidelity)[**FirstMark** VC firm **6** rounds together](https://millionrounds.com/fund/firstmark)[**Founders Fund** VC firm **6** rounds together](https://millionrounds.com/fund/founders-fund)[**Geodesic Capital** VC firm **6** rounds together](https://millionrounds.com/fund/geodesic-capital)[**Tiger Global Management** VC firm **6** rounds together](https://millionrounds.com/fund/tiger-global-management)[**Coatue** VC firm **5** rounds together](https://millionrounds.com/fund/coatue-management)

## Recently backed

The latest companies ICONIQ Capital put money into.

[**Wealthsimple** $302M · Oct 2026](https://millionrounds.com/company/wealthsimple)[**Nevis** $70M · Oct 2026](https://millionrounds.com/company/nevis)[**Pigment** $250M · Oct 2026](https://millionrounds.com/company/pigment)[**Legora** $550M · Oct 2026](https://millionrounds.com/company/legora)[**Ramp** $1.9B · Oct 2026](https://millionrounds.com/company/ramp)[**Rillet** $100M · Aug 2026](https://millionrounds.com/company/rillet)

## Books by the people here

One book written by people at ICONIQ Capital: [Rob Bernshteyn](https://millionrounds.com/person/rob-bernshteyn).

- Value as a Service: Embracing the Coming Disruption [Rob Bernshteyn](https://millionrounds.com/person/rob-bernshteyn) · 2016 3.61 from 100 ratings on Goodreads About the book Making predictions about the future is always tricky. But there is one prediction that author Rob Bernshteyn is quite confident in Across a host of industries, we will move to a model that he calls value as a service. It is already common knowledge that many… On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/rob-bernshteyn#podcasts)
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about ICONIQ Capital

### What does ICONIQ Capital invest in?

ICONIQ Capital invests most often at Series D and Series E (51% of the rounds on record), in sectors such as AI & Machine Learning, Artificial Intelligence & Machine Learning (AI/ML) and Big Data & Analytics.

### How active is ICONIQ Capital?

56 investments on record, 21 of them in the last 12 months, and it led 16. The most recent was in Oct 2026.

### What has ICONIQ Capital invested in recently?

Its most recent investments on record: Wealthsimple (Series F, Oct 2026), Nevis (Series B, Oct 2026) and Pigment (Series E, Oct 2026).

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

The median round it joins is $158M. It says it writes cheques of $5.0M to $100M.

### Does ICONIQ Capital lead rounds?

Yes: it led 16 of its 56 investments on record (29%).

### Where does ICONIQ Capital invest?

Most of the companies it backs are in the United States (74%), Sweden (8%) and Canada (5%).

### Is ICONIQ Capital investing now?

Yes: it is actively investing, with 21 investments in the last 12 months.

### Who does ICONIQ Capital invest alongside?

Most often Lightspeed Venture Partners (12 rounds together), General Catalyst (11 rounds together) and GIC (8 rounds together).

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