ICON was founded in 2017 by Jason Ballard, John Climax, and Ronan Lambe. In April 2023 founder of ICON Jason Ballard said in an interview with CNN regarding their contract with NASA: “There are no plans for a lunar base yet, but ICON’s tests will represent a significant step in that direction.” Before speaking with CNN, ICON was awarded $57 million from NASA in 2022 for testing on the moon. ICON has not officially endorsed a plan to participate in an IPO.
ICON is a 3D-printing construction technology developer. Per Forge data, they have an estimated revenue range of $500 million to $1 billion and have acquired 20 companies, the most recent being PRA Health Sciences for $12 billion. Key investors include Cubit Capital and Rival Holdings.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/18/2022 | Series B-1 | $185MM | $xx.xx | $1.73B | 8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
6,369,466
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners, Tiger Global Management
|
||||||
08/24/2021 | Series Junior | $14MM | $xx.xx | $829.39MM | 8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,728,080
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners
|
||||||
08/24/2021 | Series B | $207.62MM | $xx.xx | $829.39MM | 8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners | |
Price per Share
$xx.xx
Shares Outstanding
12,813,951
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Bjarke Ingels Group, Bond, Citi Crosstimbers, Ensemble, Fifth Wall, Lenx, Moderne Ventures, Norwest Venture Partners, Oakhouse Partners
|
||||||
12/23/2020 | Series A-1 | $15.5MM | $xx.xx | $182.58MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,745,411
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
08/19/2020 | Series A | $34.95MM | $xx.xx | $106.06MM | Bjarke Ingels Group, Caz Investments, Citi Crosstimbers Ventures, Ironspring Ventures, Moderne Ventures, Next Coast Ventures, Oakhouse Partners, Trust Ventures, Vulcan Capital, Wavemaker Partners | |
Price per Share
$xx.xx
Shares Outstanding
8,849,225
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bjarke Ingels Group, Caz Investments, Citi Crosstimbers Ventures, Ironspring Ventures, Moderne Ventures, Next Coast Ventures, Oakhouse Partners, Trust Ventures, Vulcan Capital, Wavemaker Partners
|
||||||
10/17/2018 | Series Seed | $9MM | $xx.xx | $25.71MM | Capital Factory, Caz Investments, Cielo Property Group, D.R. Horton, Emaar, Engage Ventures, Microventures, Oakhouse Partners, Saturn Five, Shadow Ventures, Trust Ventures, Verbena Road Holdings, Vulcan Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,575,958
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capital Factory, Caz Investments, Cielo Property Group, D.R. Horton, Emaar, Engage Ventures, Microventures, Oakhouse Partners, Saturn Five, Shadow Ventures, Trust Ventures, Verbena Road Holdings, Vulcan Capital
|