
Icon
ICON is a construction technology company using robotics and AI for large-scale 3D printing of homes and multi-story buildings.
Secondary Market Price
Secondary Market Price
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Company Description
ICON is a construction technology company that develops robotic and AI systems for home construction. The company utilizes proprietary 3D printing robotics, software, and advanced materials to lower costs and increase the speed and quality of the building process. Its current work includes building 3D-printed homes in Austin's Mueller community and developing the world's largest community of 3D-printed homes in Georgetown, Texas. Founded in 2017 in Austin, Texas, by co-founders Jason Ballard, Alex Le Roux, and Evan Loomis, the company has since raised over $543 million in funding through multiple rounds, including a $100 million Series C round in early 2025.
The company's future plans involve expanding its portfolio to include multi-story buildings using its new Phoenix printer, which was recently unveiled to accelerate construction. ICON is also developing new low-carbon building materials and advancing its "Off-Planet Systems" for construction on other worlds in collaboration with NASA. A recent major milestone for the company was having its "House Zero" project, designed by Lake Flato Architects, named by Dwell magazine as one of 'The 25 Most Important Homes of the Past 25 Years.' ICON is also working with partners like Lennar and Michael Hsu Office of Architecture on its large-scale residential communities.
- Norwest Venture Partners
- 8VC
- BIG-Bjarke Ingels Group
- BOND
- Citi
- Crosstimbers
- Ensemble
- Fifth Wall
- LENx
- Moderne Ventures
- Oakhouse Partners
- Tiger Global Management
- Austin Technology Incubator
- Co-Founder, CEO Jason Ballard
- Co-Founder, Evan Loomis
- Co-Founder, Alex Le Roux
How Icon Measures Up
To help you manage your Icon equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are currently gathering the necessary data to complete our rating for Icon. Check back soon for our projection on the company's potential value in four years.
Exit Risk
TBD
We are still gathering data on Icon to train our machine learning model. Check back soon for our exit risk rating for Icon!
Funding Stage
Series C
As a Series C company, Icon is more established and has a proven track record of success. This generally means more stability for employees compared to an early-stage startup, but still plenty of room for growth.
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Icon worth joining?
Deciding whether to join a startup like Icon involves evaluating its growth potential, leadership, and the value of its equity offer. Prospect provides data-driven analysis and independent projections to help you assess if a company is the right fit for your career goals.
What should I do with my Icon stock?
Managing your startup stock involves creating a strategy to optimize its value, considering factors like taxes and when to exercise your options. Prospect offers tools to help you model different scenarios and develop a personalized plan to maximize your post-tax equity.
Can you sell Icon stock?
Selling stock in a private company like Icon is often possible through secondary markets, though it can be more complex than selling public stock. Platforms like Prospect can provide access to secondary market price data and tax-optimization tools to guide you through the process.
How can I find the value of my Icon stock?
The value of stock in a private company is typically determined by its most recent 409A valuation, fundraising rounds, and secondary market transactions. Prospect's platform uses VC-grade data and predictive models to help you project what your equity is likely to be worth.
What is Icon's equity worth?
The precise worth of equity in a private startup fluctuates based on performance, funding, and market conditions. You can estimate its value using tools like Prospect's Equity Calculator, which leverages comprehensive data to provide independent projections.
What is Icon's stock ticker symbol?
As a private company, Icon does not have a stock ticker symbol because it is not traded on a public stock exchange. Ticker symbols are only assigned to companies once they complete an Initial Public Offering (IPO).
Can I buy or sell Icon stock?
Employees and existing investors can often sell private company stock on secondary markets, while buying is typically restricted to accredited investors or through direct company offerings. Prospect provides tools for current stockholders to model selling scenarios and optimize their financial outcome.
What is the criteria to buy or invest in Icon stock?
Investing in a private company is typically limited to accredited investors, venture capital firms, or employees who receive equity as part of their compensation. For those evaluating an equity offer, Prospect offers data on key metrics like investor quality and growth to help assess the opportunity.
