What is Icon?
Icon offers an all-in-one communication and engagement software solution specifically designed for organizations that cater to seniors. Based in Boston, Massachusetts, the company aims to enhance connectivity and interaction within senior living communities and support networks. Its platform addresses the critical need for streamlined communication tools in the elder care industry, facilitating better engagement between residents, staff, and families.
How much funding has Icon raised?
Icon has raised a total of $20.1M across 3 funding rounds:
Series A
$2.1M
Private Equity
$4M
Series B
$14M
Series A (2013): $2.1M with participation from Grazyna Kulczyk
Private Equity (2015): $4M led by Cambia Health Solutions, GE Ventures, and Arsenal Venture Partners
Series B (2016): $14M supported by Cambia Health Solutions, GE Ventures, Grażyna Kulczyk, Ziegler LinkAge Longevity Fund, Arsenal Venture Partners, and Insight Venture Partners
Key Investors in Icon
Cambia Health Solutions
Cambia Health Solutions is a health solutions company that invests in innovative healthcare technologies and services, likely focusing on platforms that improve patient engagement and care delivery.
GE Ventures
GE Ventures, the venture capital arm of General Electric, typically invests in companies developing technologies relevant to industrial, healthcare, and energy sectors, seeking strategic alignment with GE's business units.
Insight Venture Partners
Insight Venture Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies, often focusing on scaling businesses with proven market traction.
What's next for Icon?
With the recent injection of major strategic capital, Icon is poised for accelerated expansion and product development. This significant backing suggests a focus on scaling its operations, enhancing its technological capabilities, and potentially broadening its market reach within the senior care technology landscape. The company's strategic investments are likely aimed at solidifying its competitive advantage and driving innovation in a growing sector.
See full Icon company page
