The Series A round was co-led by Index Ventures and ICONIQ with participation from SAP.
ICONIQ
Venture CapitalICONIQ is a major investment firm that typically backs late-stage technology companies with a portfolio worth over $100bn.
Portfolio
5
companies
Investment by month
By category
- AI/ML£638M
- FinTech£74.4M
By location
- London£686M
- United States£26.5M
Portfolio companies
Builder.ai
Builder.ai provides an artificial intelligence platform for low-code and no-code software development.
Conduct
Conduct decodes complex enterprise software systems for large organisations.
ElevenLabs
ElevenLabs builds artificial intelligence voice and audio generation technology for creators and enterprises.
Nevis
Nevis develops an artificial intelligence platform to automate administrative workflows for wealth managers.

Primer
Primer operates a unified infrastructure platform for global enterprise payments.
Team
Seth Pierrepont
General Partner
Recent investments
The oversubscribed Series C round was led by Sofina and brings the company's total funding to $170m.
"In the next few years, every payment decision in a large business will be initiated, optimised or audited by AI. That shift is already underway"
Sequoia led the Series D round to support international expansion and research efforts.
The Series A round was led by Sequoia Capital, ICONIQ, and Ribbit Capital to support product expansion across the United States.
"Nevis is the world’s first AI platform for wealth management"
The funding round was led by Qatar Investment Authority with participation from Iconiq Capital, Jungle Ventures, and Insight Partners.
"Builder.ai was founded on the promise that everyone should be empowered to unlock their human potential. Today this means being able to build software to be able to do more with less. We are entering an incredible time in history where the very notion of software is changing; from something that had a shelf life of years to what will eventually have a shelf life of a conversation and the volume of what is being created is only going to grow exponentially"


