Iconixx is a global provider of enterprise-class incentive compensation software that configures automated solutions to address customers' compensation challenges. The company emphasizes close customer engagement, product configuration, and customer success. Management cites a solid sales pipeline, award-winning customer support, and recent product enrichments as drivers of rapid growth. Iconixx plans product advancements and intends to expand its sales team to increase market share. The company has raised $24 million in capital to date, including the recently closed financing. Leadership expects the new funding to accelerate growth initiatives and further delivery of its compensation management solution. Iconixx is an Austin-based provider of compensation management software led by founder and CEO Derrik Deyhimi. Its platform includes sales performance management (SPM), incentive compensation management (ICM), quota and territory management, performance bonuses and salary planning. The company raised $10M in funding co‑led by Harbert Venture Partners and S3 Ventures with participation from existing investor Ballast Point Ventures. Iconixx intends to use the funds to expand its product line and hire a substantial number of additional employees. It is preparing to release two new offerings. The company previously raised a $4.5M capital investment from Ballast Point Ventures and KBH Ventures in 2014.

Total raised

$14M

Funding rounds

2

Latest round

Equity

Latest activity

May 2017