Icon Ventures is a venture capital firm based in Palo Alto, California, founded in 2003 and formerly known as Jafco Ventures. The firm typically leads Series B and C financings in category-winning technology companies, with a current focus on AI-native and AI-powered businesses.
Average disclosed round size is $47.5M (across 97 rounds with reported amounts).
Portfolio
69
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
TM
Tom Mawhinney
General Partner
BS
Ben Shih
Partner
JG
Jason Gordon
Director, Investor Relations and Business Development
TK
Ted Kawahara
Director
NO
Nick Ono
Head of Japan Business Development
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
111 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Seed | $7M | Jan 2026 | |
| Series B | $41M | Feb 2025 | |
| Series A | $20M | Jan 2025 | |
| Series A | $15.5M | Nov 2024 | |
| Series F | $125M | Oct 2024 | |
| Series F | $125M | Oct 2024 | |
| Series B | $28M | Aug 2024 | |
| Series A | $13M | Jun 2024 | |
| Series B | — | Apr 2024 | |
| Series B | $60M | Jan 2024 | |
| Series A | $20M | Jan 2024 | |
| Series B | $35M | Oct 2023 | |
| Series A | $25M | Sep 2023 | |
| Series A | $25M | Sep 2023 | |
| Series C | $44M | Aug 2023 | |
| Series A | $18.5M | Jan 2023 | |
| Series E | $90M | Nov 2022 | |
| Series E | $90M | Nov 2022 | |
| Series E | $123M | Nov 2022 | |
| Seed | — | Oct 2022 | |
| Series D | $90M | Aug 2022 | |
| Series A | $25M | Jul 2022 | |
| Series A | $24M | Jul 2022 | |
| Series B | $25M | Jul 2022 | |
| Series A | $19.5M | Jun 2022 |
Page 1 of 5
Top Co-Investors
JAFCO Group Co., Ltd.14 shared
Costanoa Ventures13 shared
Sequoia Capital12 shared
General Catalyst10 shared
Kleiner Perkins10 shared
GV9 shared
Norwest Venture Partners9 shared
Sapphire Ventures9 shared
Benchmark9 shared
Oak HC/FT8 shared
Salesforce Ventures8 shared
Dell Technologies Capital8 shared
Menlo Ventures7 shared
First Round Capital7 shared
Lux Capital7 shared
Battery Ventures7 shared
Redpoint Ventures7 shared
Felicis6 shared
Lightspeed Venture Partners6 shared
Dragoneer Investment Group6 shared
Last updated: 7 October 2026