ICONYC

We tap into the most promising Israeli entrepreneurs and enable them to perform on the biggest stage on the planet: New York City. ICONYC labs, based in NYC, is a first of its kind acceleration program customized for early-stage Israeli tech startups to help them become successful global companies. Over the course of four months, ICONYC labs partners with innovative Israeli tech startups to help validate and grow their businesses in the most capital efficient manner.

Israeli entrepreneurs are always welcome to reach out to Eyal or Arie and share info on their startups.
However, most of our companies have been recommended to us by other tech founders and people
we know in the community. If you can be introduced to us by a member of our network, it is preferred
and will generally get a quicker response.

We start our partnership with a 4-month acceleration program that includes:

  • Business acceleration: our focus is on customer acquisition and scaling revenue
  • Funding acceleration:  leveraging our involvement to bring on other value-add investment partners for current and future financing rounds. Our team has co-invested with some of the leading NYC funds including First Round Capital, Founder Collective, Lerer Ventures, Bowery Capital and Time Warner Investments, among others.
  • Generating brand awareness through ICONYC labs relationships with leading tech and business publications including Bloomberg, CNBC, Techcrunch, CNN  and Entrepreneur
  • Access to ICONYC labs’ strategic advisor network for feedback and additional network access
  • Connections to the ICONYC labs network of founders, alumni, and mentors globally
  • Office space for 4 months at the AlleyNYC Chelsea in the heart of Manhattan

A typical ICONYC labs company is a software-driven tech startup with 2-3 founders and a product already out in the market. As for sectors, our interests are diverse: Enterprise Software, SaaS, IoT, Ad Tech, Health & Wellness, Education, AI, Robotics, AR/VR, and many more. We look for companies that can scale fast, are capital-efficient and where NYC is the right entry point for their product, service or application.

No.

We are looking for companies that have already assembled a team and developed an initial product and have some level of traction (pilots, revenue). For the most part, we work with seed and post seed startups.

Probably not. Most of our companies have raised $500K-$3.5M prior to joining our program, and see us as a strategic partner to accelerate their growth and helping them build a base in NYC.

During the 4 month program, we require that your company’s key leadership spend at least 1-2 weeks each month in NYC, although we encourage our founders to stay longer. Staying with us in NYC will allow you to take full advantage of our program and maximize the countless opportunities it will generate for you. During the weeks the companies are in NYC, we set up meetings with potential investors and advisors, and host impactful networking events and fireside chats with high-profile entrepreneurs and investors from the New York tech community. After the program concludes you may want to consider relocating to, or having some kind of presence in, NYC so that you can continue to tap into the network you’ve built during the program. Maintaining momentum post-program has proven to be key to startup success.

On top of $20,000 in seed capital, we provide co-working and meeting spaces at  AlleyNYC in Chelsea. We’ll also assist you with logistics, including immigration, banking, accounting and other key services.

In exchange for this partnership, ICONYC receives common equity which varies based on the stage of the company. We look at this as the most strategic equity the company gives during it’s lifetime.

We want to hear from you! Please get in touch for more information.