ICON

ICON

3D printing technology for construction projects

About ICON

Simplify's Rating
Why ICON is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Industrial & Manufacturing

Social Impact

Aerospace

Company Size

501-1,000

Company Stage

Series C

Total Funding

$563.7M

Headquarters

Austin, Texas

Founded

2017

Overview

ICON specializes in construction technology, focusing on using 3D printing robotics and advanced materials to build homes and structures. Their 3D printing technology allows for the efficient and cost-effective construction of residential buildings, making it possible to create sustainable and affordable housing solutions. ICON serves a variety of clients, including homebuyers, developers, and government agencies, and generates revenue through the sale of 3D printed homes, technology licensing, and partnerships for large-scale projects. What sets ICON apart from competitors is its commitment to addressing the housing crisis while promoting sustainable architecture, as seen in notable projects like the first permitted 3D printed home in the U.S. and a community for the homeless. The company's goal is to provide dignified housing for those in need and to explore possibilities for construction beyond Earth.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for sustainable construction boosts ICON's market potential.
  • New composite materials enhance the durability of ICON's 3D printed structures.
  • Global smart city initiatives create opportunities for ICON's technology integration.

What critics are saying

  • Recent layoffs may affect ICON's operational capacity and project timelines.
  • Financial instability concerns arise from layoffs followed by a $56 million funding round.
  • Technical challenges in developing a multi-story 3D printer may impact market competitiveness.

What makes ICON unique

  • ICON uses advanced 3D printing robotics for efficient home construction.
  • The company focuses on sustainable, resilient, and affordable housing solutions.
  • ICON collaborates with NASA and the US Marine Corps for off-world construction.

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Funding

Total Funding

$563.7M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$56M
ICON
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Flexible Work Hours

Paid Sick Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

2%

2 year growth

5%
Envision
Apr 18th, 2025
Texas Space Commission awards $26 million to five companies

ICON Technology, which received $694,350 to renovate a facility for production of lunar regolith simulant for use for its own tests of advanced construction technologies as well as for others;

BizPartner
Feb 15th, 2025
YouTube's Viewing Shift Signals New Era for Content Consumption

In the field of 3D printing, ICON, a frontrunner in the construction of homes, has successfully raised $56 million in funding to further develop its robotic printing technology.

Bizjournals
Feb 14th, 2025
Austin-based 3D home printing startup Icon raises $56M just a month after big layoffs

Last month, layoffs. This month, fresh funding.

Business Wire
Feb 12th, 2025
Riassunto: Voyantis raccoglie 41 milioni di dollari per aiutare le aziende a passare a una crescita efficiente, concentrandosi sui clienti GIUSTI al momento GIUSTO

Voyantis, la piattaforma di crescita su base AI per l'acquisizione di clienti e l'ottimizzazione del ciclo di vita, ha annunciato di aver raccolto inv

TechCrunch
Jan 10th, 2025
ICON, a builder of 3D-printed homes last valued around $2 billion, cuts about 25% of staff

Over the years, Austin-based ICON has raised over $450 million in funding from investors such as Tiger Global Management, Norwest Venture Partners, 8VC, and others.

Recently Posted Jobs

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Finance Associate II

Austin, TX, USA

Senior Design Build Project Manager II

Austin, TX, USA

Senior IT Solutions Engineer I

Austin, TX, USA

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ICON is Hiring for 9 Jobs on Simplify!

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Senior Design Build Project Manager II

Austin, TX, USA

Senior IT Solutions Engineer I

Austin, TX, USA

See All Jobs

ICON is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update ICON's jobs every few hours, so check again soon! Browse all jobs →