ICON Technology
ICON develops 3D printed homes using its proprietary Lavacrete material, offering rapid, cost-effective, and sustainable construction solutions aimed at revolutionizing affordable housing.
- CEO / Founder
- Jason Ballard
- Team Size
- Over 100 employees
- Stage
- Active
- Total Funding
- $507M
- Latest Round
- Series C
- Key Investors
- Oakhouse Partners
Technology & Products
Key Products
["Single-family homes","Townhouses","Multi-story buildings"]
Technological Advantage
Significantly reduces construction time and cost while enhancing durability and sustainability.
Differentiation
Value Proposition
Provides economical, efficient, and sustainable construction with rapid build times and resilient structures.
How They Differentiate
Focuses on affordable, sustainable housing with a unique proprietary material and rapid, cost-effective robotic construction processes.
Market & Competition
Target Customers
Affordable housing seekers, low-income families, and social housing initiatives
Industry Verticals
["Residential","Social/Affordable Housing","Hospitality","Defense"]
Competitors
WinSun; Apis Cor; Mighty Buildings
Growth & Milestones
Growth Metrics
Expanded from pilot projects to significant deployments including Community First Village and Wolf Ranch.
Major Milestones
["Completed the first permitted 3D-printed home in the U.S.","Established partnerships with NASA and the Department of Defense","Secured collaborations with Mobile Loaves & Fishes and Lennar Foundation"]
Notable Customers
Community First Village; Wolf Ranch