Icon Ventures
Foundational VC for AI. In an era where AI is reshaping every industry, startups need more than just capital to succeed—they need partners who understand how to create enduring value. For over two decades, Icon Ventures has set the standard for venture capital best practices. Today, we are applying this deep expertise to help visionary AI founders build transformative companies.

Founded in 2003, Icon Ventures has been at the forefront of venture investing for over two decades, partnering with founders to build category-defining businesses. Our mission has always been to set the highest standards in venture capital, and this is now being applied as a focused commitment to building foundational AI companies. Throughout our history, one thing has remained constant: our belief that the best results come from experienced partners engaging directly with the most talented and gifted founders.
Our evolution to Foundational VC for AI is not a response to market trends—it is the natural progression of our long history of leading-edge technology investing. From cybersecurity to digital health, we have consistently aligned with founders who tackle fundamental technical challenges. Today, we are applying these same principles to AI, where our experience in building lasting companies matters more than ever.
The principles that helped us identify and scale category leaders like Palo Alto Networks, Bill.com and Teladoc remain critical in the AI era. Just as these companies transformed their industries through technological innovation and exceptional execution, today’s AI founders are reshaping the entire landscape. Our expertise in helping founders build enduring businesses—from initial product-market fit to market leadership—has never been more relevant.
At Icon, our values define our approach: venture capital as a service is built on authentic partnerships, where our success is inseparable from our founders’ achievements. We foster deep relationships, ensure alignment between all stakeholders, and maintain unwavering ethical standards. These principles have guided us for over two decades and remain just as vital as we partner with the next generation of entrepreneurs.
Our Core Values
Venture capital investing is a service business.
We strongly believe in the value of partnering and relationships.
Excellence in our value-added propositions is core to our business.
The value-creation process works best when there is alignment of interest among all constituents.
We are unwavering with respect to our ethical compass heading.
Venture Capital as a Force for Good
As AI reshapes every industry, venture capital investors have a profound responsibility to guide innovation toward worthy outcomes. We believe Foundational VC for AI means more than building financial success—it means ensuring this transformative technology serves humanity’s best interests. Through our responsible investment practices, our partnerships with ethical founders, and our commitment to expanding opportunity, we are dedicated to making venture capital a force for good.
Deeply Integrated Team
Our small, senior team brings to each investment a broad range of strengths, combining deep technical knowledge with proven company-building expertise. We believe the best partnerships start with authentic relationships between experienced investors and visionary founders.
Joe Horowitz, Managing General Partner
Tom Mawhinney, General Partner
Jeb Miller, General Partner
Preeti Rathi, General Partner
Ben Shih, Partner
Peter Yi, Partner
Debby Meredith, Operating Partner, Engineering
Paul Sallaberry, Operating Partner, Sales
Armand Obreja, Talent Manager
Address: Palo Alto Office, 505 Hamilton Avenue, Suite 310, Palo Alto, CA 94301, USA
Address: San Francisco Office, 117 South Park Street, San Francisco, CA 94107, USA
Phone: +1 650 463 8800
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