Icon Management Associates, LLC
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.
In the firm's own words, from its website.
12 additional team members, 40 additional co-investors and affiliates, 76 additional investments, funds and LPs, 7 verified contacts (6 professional url, 1 firm phone)
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 companyportfolio raising
One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 15 Jul 2026 ($22.6M 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 General PartnerWhy: General partner: carries the investment decisionProfile
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
135 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, 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, 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 |
|---|---|---|---|---|---|---|---|
| 41st Parameter | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Airtop | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Aisera | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, healthcare, consumer, cybersecurity
- Stages
- seed, series b
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Team
16 current, 4 departed
Decision makers
- Joe Horowitz · Managing General PartnerWhy this person: General partner: carries the investment decision; 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 General Partner
- Managing Member
- Managing Member
2 departed (kept with end dates)
- Tsunesaburo Sugaya · Managing Member · Jul 1, 2003 to Jul 22, 2015 Inference
- Hitoshi Sawamoto · Manager · Jul 1, 2003 to Dec 19, 2013 Inference
Contacts
1 firm phone, 6 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 |
|---|---|---|---|---|---|---|---|
| Jafco Technology Partners, L.P. | Fund | unknown | Unknown | $1.5M Mar 12, 2021 | 4 | unknown | unknown |
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.Relationships across DFX
63 co-investors
Co-investors
- 2026-10-014 shared deals · strong
- 2026-10-013 shared deals · recurring
- 2026-10-013 shared deals · recurring
Evidence and history
4 dated events, 33 observations from 2 sources
Timeline
- Jul 22, 2015Tsunesaburo Sugaya (Managing Member) no longer on Schedule A of Icon Management Associates, LLC
- Dec 19, 2013Hitoshi Sawamoto (Manager) no longer on Schedule A of JTP Management Associates, LLC
- Mar 30, 2012JTP Management Associates, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
- Mar 30, 2012Jafco Technology Partners, L.P. first reported on Form ADV by JTP Management Associates, LLC (Venture Capital Fund), GAV $51,592,164
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 12, 2021 · 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
- unknown
- Latest Form ADV
- Mar 12, 2021
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $1.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Jafco America Ventures, Inc. (Member), owns 75% or more; Jafco Co., Ltd. (Shareholder), owns 75% or more
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Micro VC (probable, 80%)Venture manager, reported GAV $1.5M across 1 vehicle
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Exempt reporting adviser | Mar 12, 2021 | Fact | Form ADV |
| First Form ADV filing | 2012-03-30 | Mar 12, 2021 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2021-03-12 | Mar 12, 2021 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 12, 2021 | Fact | Form ADV |
| Business phone | Mar 12, 2021 | Fact | Form ADV | |
| Description | Sep 30, 2026 | Fact | ||
| Headquarters | Mar 12, 2021 | Fact | Form ADV | |
| Office address | Mar 12, 2021 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 12, 2021 | Fact | Form ADV |
| Portfolio page | Sep 30, 2026 | Fact | ||
| Private funds reported | 1 | Mar 12, 2021 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.5M | Mar 12, 2021 | Fact | Form ADV |
| Stated sectors | AI, enterprise software, healthcare, consumer, cybersecurity “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Seed, series b “stage words on the home page” | Sep 30, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Venture funds reported | 1 | Mar 12, 2021 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Mar 12, 2021 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMicro VC, probable · 7 filing advisers share this firmShowHide
Venture manager, reported GAV $1.5M across 1 vehicle
This firm files as 7 advisers on iconventures.com: Icon Management Associates II, LLC, Icon Management Associates III, LLC, Icon Management Associates IV, 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 · funds: 0.08 · people: 0.36 · investments: 0.7 · co investors: 0.73
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 1 · reported gav: $1.5M · first adv filing: 2012-03-30 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Member rows moved to anchor2026-10-01
- Grouped with firm2026-09-12
- Adviser's first ADV filing2012-03-30source on record
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.