Company attributes
Venture Capital Firm attributes
Other attributes
The Icehouse is a venture capital firm and incubator specializing in investments in start-up and early stage companies. It typically invests in ventures that are in the product development phase. The firm invests in software, media, internet, communication, biotechnology, life sciences, and medical devices sectors. For communication, biotechnology, life sciences, and medical devices; it seeks to invest in companies that are non-infrastructure dependent.
The Icehouse invests in companies based in New Zealand. It seeks to invest in companies that have a pre-money valuation between NZ$0.5 million and NZ$3 million. The firm typically invests between NZ$100,000 and NZ$1 million in companies that have a potential market greater than NZ$100 million. It may co-invest in its transactions to invest up to NZ$250000.
The firm can invest in follow on financing rounds. The Icehouse can act as a lead investor and prefers to take a board seat in its portfolio companies. The firm seeks to exit its investments between five and twelve years.
The Icehouse was founded in December 2001 and is based in Auckland, New Zealand.
The Icehouse's investments include 90 Seconds, Avertana, Nyriad, Crimson, BioLumic, Ethique, Halter, Ask Nicely, 8i, Fuel 50, Spalk and Dexibit.
They exited their investment in GreenButton.
The Icehouse has raised a total of $10 million in a single venture fund, The Icehouse Tuhua fund. This fund was announced on April 8, 2016 and raised a total of $10 million.
