Icon Management Associates VII, LLC
Institutional venture firm, based in Palo Alto, California, reporting $227M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
1 additional team member, 40 additional co-investors and affiliates, 2 verified contacts (1 firm phone, 1 professional url)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 companynew in 12 months
1 new company in the last 12 months.
A firm writing cheques this quarter is one a founder can pitch now.
- 1 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 14 May 2026 ($1.55M sold on Form D).
A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.
- 4 dealswith Sequoia Capital
Invests most often alongside Sequoia Capital (4 shared deals) and Dcm (3 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing MemberWhy: Named with investment responsibilityProfile
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
29 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Icon Management Associates VII, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Icon Management Associates VII, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
87 companies on record, 1 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Vecna AI, Inc. | board seat | unknown · board | Preeti Rathi (strongly supported) | unknown | unknown | May 29, 2026 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
16 current, 4 departed
Decision makers
- Preeti Rathi · Managing MemberWhy this person: Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 1 deal attributed
- Managing Member
- Managing Member
Contacts
1 firm phone, 1 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
1 vehicle, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Icon Ventures VII, L.P. | Fund | unknown | Unknown | $227M Mar 18, 2026 | 25 | $0 of $375M | Jan 14, 2021 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Richard King Mellon Foundation Dtd 01-01-47 | FOUNDATION | Icon Ventures VII, L.P. | $5.5M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
63 co-investors · on 1 other DFX graph
Co-investors
- 2026-10-014 shared deals · strong
- 2026-10-013 shared deals · recurring
- 2026-10-013 shared deals · recurring
Across DFX and the capital chainon 1 other DFX graph · 1 capital path ShowHide
- The same institution is held on Allocators, matched by identifier. See which records
Icon Management Associates VII, LLC is the same institution as 1 record in Allocators.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Icon Management Associates VII, LLC sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
2 dated events, 45 observations from 2 sources
Timeline
- Apr 7, 2022Icon Management Associates VII, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
- Apr 7, 2022Icon Ventures VII, L.P. first reported on Form ADV by Icon Management Associates VII, LLC (Venture Capital Fund), GAV $42,711,637
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 18, 2026 · 1 private fundsShowHide
- Headquarters
- Palo Alto, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- ICONVENTURES.COM
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 18, 2026
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $227Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Jafco Group Co., Ltd. (Member), owns 10% to 25%
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $227M across 1 vehicle
- Sep 12, 2026Institutional venture firm (confirmed, 95%)Venture manager, reported GAV $96M across 1 vehicle
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Mar 18, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 18, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Mar 26, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 18, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 18, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2024 | Fact | Form ADV |
| First Form ADV filing | 2022-04-07 | Mar 18, 2026 | Fact | Form ADV |
| First Form ADV filing | 2022-04-07 | Mar 26, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-18 | Mar 18, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-18 | Mar 18, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-26 | Mar 26, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Mar 18, 2026 | Fact | Form ADV |
| SEC status effective | 2022-04-07 | Mar 18, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 18, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2024 | Fact | Form ADV |
| Business phone | Mar 18, 2026 | Fact | Form ADV | |
| Business phone | Mar 26, 2024 | Fact | Form ADV | |
| Headquarters | Palo Alto, CA | Mar 18, 2026 | Fact | Form ADV |
| Headquarters | Palo Alto, CA | Mar 26, 2024 | Fact | Form ADV |
| Office address | Mar 18, 2026 | Fact | Form ADV | |
| Office address | Mar 26, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Mar 18, 2026 | Fact | Form ADV |
| Legal form | Limited Liability Company | Mar 26, 2024 | Fact | Form ADV |
| Private funds reported | 1 | Mar 18, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Mar 18, 2026 | Fact | Form ADV |
| Private funds reported | 1 | Mar 26, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $227M | Mar 18, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $227M | Mar 18, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $96.1M | Mar 26, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 26, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Mar 18, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Mar 18, 2026 | Fact | Form ADV |
| Venture funds reported | 1 | Mar 26, 2024 | Fact | Form ADV |
| Website | Mar 18, 2026 | Fact | Form ADV | |
| Website | Mar 26, 2024 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 7 filing advisers share this firmShowHide
Venture manager, reported GAV $227M across 1 vehicle
One of 7 advisers that share iconventures.com; the firm is Icon Ventures. Icon Management Associates, LLC, Icon Management Associates II, LLC, Icon Management Associates III, LLC and 3 more advisers. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.41 · funds: 0.08 · people: 0.16 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-05-29
- emerging manager
- fund count: 1 · reported gav: $227M · first adv filing: 2022-04-07 · years since first filing: 4.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Grouped with firm2026-09-30
- Grouped with firm2026-09-12
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: latest vintage.