About ICON
ICON is a company based in Dublin (Ireland) founded in 1990. It operates as a Professional Services, and Managed Services. The company has 41,900 employees as of December 31, 2024. ICON has completed 18 acquisitions, including Aptiv Solutions, ClinicalRM and Firecrest Clinical. ICON offers products and services including Clinical Research Solutions, Consulting Services, and Technology Solutions. ICON operates in a competitive market with competitors including Medpace, Lambda Therapeutic, JCCT, Dhiti Life Sciences and Diacrin, among others.
- Headquarter Dublin, Ireland
- Employees 41900 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Icon Plc
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Annual Revenue
$8.28 B1.99as on Dec 31, 2024
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Net Profit
$791.47 M29.26as on Dec 31, 2024
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EBITDA
$1.73 B2.58as on Dec 31, 2024
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Latest Funding Round
$4.69 M (USD), Grant
Sep 22, 2021
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Investors
Enterprise Ireland
& 1 more
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Employee Count
41900
as on Dec 31, 2024
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Investments & Acquisitions
Aptiv Solutions
& 17 more
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IPO & Listings of ICON
ICON is a publicly listed company on the NASDAQ with ticker symbol ICLR in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ICON
ICON offers a comprehensive portfolio of products and services, including Clinical Research Solutions, Consulting Services, and Technology Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for drug development are provided by ICON.
Strategic consulting for asset development is offered here.
Technology solutions for clinical research are developed comprehensively.
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Software Development Team
186 people
Senior Team
180 people
Leadership Team
146 people
Clinical Team
101 people
Data Analysis and Operations Team
71 people
Operations Team
66 people
Sales and Marketing
40 people
Finance and Accounting
36 people
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Funding Insights of ICON
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $4.7M
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First Round
First Round
(01 Sep 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Grant - ICON | Valuation |
investors |
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| Jul, 2018 | Amount | Grant - ICON | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - ICON | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ICON
ICON has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Enterprise Ireland and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ICON
ICON has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include Aptiv Solutions, ClinicalRM and Firecrest Clinical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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HumanFirst is integrated into ICON, focusing on digital health solutions.
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2017 | ||||
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Provider of market access solutions for the biopharmaceutical and medical device industries
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2015 | ||||
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Tax credits are identified, calculated, and processed for businesses.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ICON
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Icon Comparisons
Competitors of ICON
ICON operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medpace, Lambda Therapeutic, JCCT, Dhiti Life Sciences and Diacrin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A range of clinical research services is offered by Medpace.
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| domain | founded_year | HQ Location |
CRO with operations in India, US, Poland, Canada and UK. Winner of Frost & Sullivan 'CRO of the Year' - 2010
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| domain | founded_year | HQ Location |
CRO focused on early & end stage clinical trial services
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| domain | founded_year | HQ Location |
Biotechnology company offering in vitro diagnostic products for healthcare sector
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| domain | founded_year | HQ Location |
Educational programs are provided by Diacrin since 1989.
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| domain | founded_year | HQ Location |
Performs clinical research trials to evaluate investigational drugs and devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Icon
Frequently Asked Questions about ICON
When was ICON founded?
ICON was founded in 1990 and raised its 1st funding round 25 years after it was founded.
Where is ICON located?
ICON is headquartered in Dublin, Ireland.
How many employees does ICON have?
As of Dec 31, 2024, the latest employee count at ICON is 41,900.
What is the annual revenue of ICON?
Annual revenue of ICON is $8.28B as on Dec 31, 2024.
What does ICON do?
ICON plc is recognized as a leading Contract Research Organization (CRO) focused on clinical research and drug development. Services are provided across various sectors including biotechnology, pharmaceuticals, medical devices, and public health. Comprehensive solutions are offered, ranging from early-phase trials to post-marketing support. Specialized therapeutic expertise is delivered in areas such as oncology, cardiovascular, and rare diseases. Innovative technologies and patient-centric approaches are integrated to enhance trial efficiency. Strategic consulting and real-world intelligence are also provided to optimize RD outcomes for clients globally.
Who are the top competitors of ICON?
ICON's top competitors include Medpace, Lambda Therapeutic and Dhiti Life Sciences.
What products or services does ICON offer?
ICON offers Clinical Research Solutions, Consulting Services, and Technology Solutions.
Is ICON publicly traded?
Yes, ICON is publicly traded on NASDAQ under the ticker symbol ICLR.
How many acquisitions has ICON made?
ICON has made 18 acquisitions, including Aptiv Solutions, ClinicalRM, and Firecrest Clinical.
Who are ICON's investors?
ICON has 2 investors. Key investors include Enterprise Ireland, and European Union.
What is ICON's ticker symbol?
The ticker symbol of ICON is ICLR on NASDAQ.
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