Investor profile
ICONIQ Growth
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ICONIQ Growth partners with exceptional founders and category-defining companies at the early inflection point of product-market fit, supporting them through IPO and beyond. Launched in 2013 as the venture and growth equity arm of ICONIQ Capital, the firm leverages a vibrant ecosystem of founders, pioneers, and business leaders to deliver tangible value and amplify portfolio companies' success. As stated in their seventh fund announcement: 'We remain steadfast in our mission: to partner with relentlessly ambitious founders early in their journey to build category-leading companies that define the horizon.' The firm focuses on technology businesses—particularly enterprise SaaS, AI, and fintech—that are 'challenging the status quo' and have demonstrated strong unit economics and product-led growth. With $5.75B raised in its seventh flagship fund (bringing total committed capital to $21B across all funds), ICONIQ Growth invests in 20–25 companies per fund, typically leading or co-leading rounds at the Series B/C stage and beyond. The firm differentiates through deep operational support—including revenue generation, talent acquisition, data-driven insights, and go-to-market advisory—backed by a proprietary network of 1,500+ software operators and the broader ICONIQ Capital community of influential families and technology leaders.
Notable quotes
“We remain steadfast in our mission: to partner with relentlessly ambitious founders early in their journey to build category-leading companies that define the horizon. We believe great companies are forged during times of transition, and we are entering a new golden age of inspiring ideas such as in artificial intelligence.”
“We have been with this business since 2017 and haven't sold a share.”
“ICONIQ stepped in at an early stage and supported us for the duration. When I joined Snowflake, the team helped us connect with potential customers and open important doors. Nothing was too much to ask of them. They have been a terrific partner along the way.”
Team
Seth Pierrepont
General Partner
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Anthropic | Series F | $13.0b | 2025-06-01 |
| Ramp | Growth | $500m | 2025-07-01 |
| ElevenLabs | Series C | $250m | 2025-01-01 |
| Snowflake | Series B | — | 2017-01-01 |
| Datadog | Series D | — | 2019-07-01 |
| Canva | Series E | — | 2021-01-01 |
| Glean | Series E | — | 2024-06-01 |
| Sierra | Growth | $350m | 2025-09-01 |
| Databricks | Growth | $10.0b | 2024-12-01 |
| Legora | Series B | $80m | 2025-05-01 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Tiger Global Management | 31 |
| Lightspeed Venture Partners | 18 |
| Sequoia Capital | 17 |
| Accel | 17 |
| General Catalyst | 16 |
| Andreessen Horowitz | 13 |
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