![]() The main department of described VC is located in the San Francisco. We have been analyzing Iconiq Capital LLC revenues, which have grown to $30.0 million in 2021, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Iconiq Capital LLC intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications. The fund was located in North America if to be more exact in United States. ![]() Our database provides customer insight and contextual information on which enterprise applications and software systems Iconiq Capital LLC is running and its propensity to invest more and deepen its relationship with Addepar, DigitalOcean, Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency. The annual revenue of ICONIQ Capital varies. The number of employees ranges from 250 to 500. Each quarter our research team identifies on-prem and cloud applications that are being used by the 250 Iconiq Capital LLC employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.ĭuring our research, we have identified that Iconiq Capital LLC has purchased the following applications: Addepar for Wealth Management in 2014, DigitalOcean Droplets for Application Hosting and Computing Services in 2021, Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2014 and the related IT decision-makers and key stakeholders. Its headquarters is located at San Francisco, California, USA. The fund also holds sizeable stakes in Datadog and Robinhood.Discover the latest software purchases and digital transformation initiatives being undertaken by Iconiq Capital LLC and its business and technology executives. Shares of the cloud company have tumbled about 55% this year and sit about 62% off their highs. The company trimmed that holding by nearly 29% during the period, according to InsiderScore. It provides financial advisory and family office services and manages direct investments with a focus on technology growth equity, venture capital, middle-market buyout, and real estate. Snowflake was Iconiq’s biggest holding at the end of the second quarter roughly at $2.42 billion. As of the end of the most recent quarter in June, Iconiq beefed up its stake in Alphabet by nearly 528% to $31 million, while also boosting its position in Meta Platform s by more than 15%, according to InsiderScore. At the end of June, the tech-heavy portfolio boasted 65 holdings across industries like cloud, software, financial technology, cybersecurity and big tech. Earlier this year, the firm invested in Madison Realty Capital, a real estate private equity firm. Previously, Iconiq led funding rounds for Finnish food delivery startup Wolt - which was acquired by DoorDash in June - and public code repository GitLab. ![]() The private fund, which launched in 2011 and is headed by former banker Divesh Makan, manages more than $80 billion in assets and has previously invested in companies such as Snowflake and Robinhood. During the second quarter, Iconiq Capital opened a roughly $275 million position in DoorDash while also upping its stake in a slew of beaten-up technology giants. This family office with billionaire Silicon Valley clients builds a big stake in DoorDashĪn under-the-radar San Francisco-based fund that has managed money for prominent billionaire clients including Mark Zuckerberg and Jack Dorsey is betting big on food delivery giant DoorDash.
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