Year in Review The Next Normal

THE NEXT NORMAL

Nearly two years into the pandemic, it is evident that we are unlikely to return to any past version of normalcy, but rather launch forward on an adjusted trajectory, with newfound insight, resilience, and empathy. The next normal is being shaped right now and we believe technology will increasingly underpin and propel the world towards a brighter future. The ICONIQ Growth team is grateful to partner with visionary leaders helping to drive these extraordinary transformations.

Portfolio Impact

BetterUp

BetterUp, the largest mental health and coaching company, is bringing world-class coaching, AI technology, and behavioral science experts to enable individuals to thrive professionally and personally.

Loom

Loom, an asynchronous video messaging tool, is helping teams to get work done wherever, whenever – without sacrificing creativity, productivity, or culture.

Calendly

Calendly, a modern scheduling platform, is automating the scheduling process and helping dispersed teams overcome the challenge of finding availability across multiple time zones.

Gem

Gem, an all-in-one recruiting platform, is enabling companies to attract and hire the talent they need up to five-times faster in today’s hyper-competitive hiring market.

Miro

Miro, an online collaborative whiteboard platform, is helping employees to collaborate and ideate from anywhere through a unified digital workspace.

Monte Carlo

Monte Carlo, a data reliability platform, is enabling leaders to make smarter decisions and shepherd organizational change in today’s dynamic environment by guaranteeing the validity of data flowing through pipelines.

Articulate

Articulate, a developer of online training tools and e-learning apps, is transforming training for the new world of work by enabling companies to onboard and train employees remotely.

Unite Us

Unite Us, which connects health and social care, is bringing together partners from government, health care, and community-based organizations to address health equity and improve the health of all communities.

Our Investments

In 2021, we invested in companies with roots across the globe as part of our commitment to partner with the best and brightest founders.

Initial Investments [1]

Follow-on Investments [1]

Total Invested Capital for the Year

$5,200,000,000+

We are excited to continue supporting innovation across technology sectors that are undergoing transformational change.

Investments by Industry
Initial Investments
Follow-on Investments

44

Enterprise SaaS

11

Fintech

7

Healthcare IT

5

Consumer Internet

Eleven IPOs in 2021 [2]

In aggregate, $7.6B raised with market capitalization of $117.1B across all portfolio public listings in 2021. [3]

Two M&A Events

Wolt

Wolt, an ICONIQ Growth portfolio company, and Doordash, a leading food delivery and logistics platform, are joining forces to build a global platform for local commerce that empowers the communities in which they operate.

Turbonomic

Turbonomic, an ICONIQ Growth portfolio company, was acquired by IBM to help companies overcome the high costs associated with managing performance and availability for multiple applications sharing an increasingly complex hybrid cloud environment.

Supporting Our Portfolio Companies On Their Growth Journeys In 2021 and Beyond

Acceleration

Relationships

Insights

  • We support portfolio companies’ global expansion goals by helping drive hundreds of strategic and commercial opportunities across industries.
  • We believe in the power of connectivity within the ICONIQ network to unlock potential.
  • We empower our portfolio companies with impactful, data-driven insights to inform decision making across business operations and strategy.
  • Generated 600+ high-impact connections across ICONIQ’s extensive network [4]
  • Partnered on 75+ executive and board level searches
  • Published numerous in-depth studies, including COVID-19 planning and impact, go-to-market strategy, topline growth and efficiency, compensation trends, and IPO studies, and built several data-driven tools housing dynamic views across these topics
  • Organized numerous discussions with corporate partners showcasing our portfolio companies
  • Launched ICONIQ Growth Forums to bring together functional leaders across our portfolio
  • Co-hosted strategic sales acceleration and enablement roundtable to understand the opportunities and challenges of using technology to accelerate sales
  • Hosted portfolio CEO Roundtables with some of the most influential technology visionaries of our lifetime
  • Hosted numerous curated events to bring together our community, including conversations with Alex Gorsky, Mellody Hobson, Ajay Banga, Jeff Weiner, Robert Downey Jr., among others
  • Acceleration

  • We support portfolio companies’ global expansion goals by helping drive hundreds of strategic and commercial opportunities across industries.
  • Generated 600+ high-impact connections across ICONIQ’s extensive network [4]
  • Organized numerous discussions with corporate partners showcasing our portfolio companies
  • Co-hosted strategic sales acceleration and enablement roundtable to understand the opportunities and challenges of using technology to accelerate sales
  • Relationships

  • We believe in the power of connectivity within the ICONIQ network to unlock potential.
  • Partnered on 75+ executive and board level searches
  • Launched ICONIQ Growth Forums to bring together functional leaders across our portfolio
  • Hosted portfolio CEO Roundtables with some of the most influential technology visionaries of our lifetime
  • Insights

  • We empower our portfolio companies with impactful, data-driven insights to inform decision making across business operations and strategy.
  • Published numerous in-depth studies, including COVID-19 planning and impact, go-to-market strategy, topline growth and efficiency, compensation trends, and IPO studies, and built several data-driven tools housing dynamic views across these topics
  • Hosted numerous curated events to bring together our community, including conversations with Alex Gorsky, Mellody Hobson, Ajay Banga, Jeff Weiner, Robert Downey Jr., among others
  • Visit our insights and events portal for more details

    Other Major Developments

    Activated Fund VI, a ~$4.1B fund, in June to further ICONIQ Growth’s strategy of investing in leading technology companies [5]

    Twenty-one portfolio companies named to the 2021 Forbes’ 100 Best Private Cloud Companies. ICONIQ Growth continues to be the most active dedicated growth investor in Cloud 100 companies since 2016 [6]

    Opened an office in London to expand our commitment to partnering with exceptional founders across the globe

    Expanded portfolio support through the launch of Healthcare Advisory and Digital Leadership Councils, and welcomed Neha Narkhede (co-founder and former CTO at Confluent) to our Technical Advisory Board

    Happy holidays from the ICONIQ Growth team!

    Adam
    Aditya
    Aman
    Aoife
    Arnav
    Austin
    Awni
    Ayana
    Ben
    Brad
    Calvin
    Candace
    Caroline
    Caroline
    Chris
    Christine
    Claire
    Divesh
    Doug
    Elizabeth
    Emily
    Enlin
    Eric
    Erik