ICON
Develops large-format robotic 3D printers and software for construction, enabling 3D-printed homes and structures in 12-24 hours with reduced labor and material waste.
- CEO / Founder
- Jason Ballard
- Team Size
- 201-500
- Stage
- Growth Stage
- Total Funding
- $451M
- Latest Round
- Series B
- Key Investors
- Norwest Venture Partners; Moderne Ventures; BIG; Lennar; D.R. Horton
Technology & Products
Key Products
Titan robotic 3D printer; Vulcan 3D printer; Project Olympus lunar construction system; ICON Prime (government/defense services); CODEX architectural catalog; Design-build construction services
Technological Advantage
Proprietary large-format 3D printing robots, advanced cementitious materials, and software enable faster, lower-cost construction; advantage is protected by trade secrets and continuous innovation, evidenced by NASA awards for lunar construction and partnerships with major homebuilders.
Differentiation
Value Proposition
Reduces home construction time from months to days and lowers building costs through automated concrete extrusion, while enabling complex architectural designs and sustainable materials.
How They Differentiate
ICON combines a design-build general contractor model with proprietary 3D printing robots, offering end-to-end services from architecture to construction; COBOD sells printers globally, Apis Cor offers mobile 3D printers, and Mighty Buildings uses prefab 3D-printed panels; ICON is a US market leader with strong government and homebuilder partnerships.
Market & Competition
Target Customers
Homebuilders, developers, government agencies, and space programs
Industry Verticals
Construction; Residential housing; Defense; Space exploration
Competitors
COBOD; Apis Cor; Mighty Buildings
Growth & Milestones
Growth Metrics
Series B of $207M led by Norwest; 201-500 employees; delivered over a dozen 3D-printed homes; world's largest 3D-printed community in progress.
Major Milestones
2018: First permitted 3D-printed home in America; 2020: $35M Series A and Project Olympus for lunar construction; 2021: $207M Series B led by Norwest; 2023: $57.2M NASA award to develop lunar surface construction system
Notable Customers
Lennar; D.R. Horton; NASA; U.S. Department of Defense; New Story
Equipment deals on record
Publicly disclosed purchases or installs only.
- EXT 1270 Titan PelletBuyer: Icon Technologies Limited · Supplier: 3D Systems
- Vulcan IIBuyer: Mobile Loaves & Fishes · Supplier: ICON
- ICON VulcanBuyer: Cielo Property Group · Supplier: ICON