What Icon Electric does

Icon Electric is a private electrical construction and service contractor headquartered in Tempe, Arizona, serving commercial, industrial, healthcare, and data center clients throughout the Phoenix metropolitan area. The company installs and maintains electrical systems for new construction, tenant improvements, and critical facility upgrades, including commercial office buildouts, large-scale industrial warehouses (up to 250,000 sqft), healthcare facility work, data center infrastructure, disaster recovery and emergency power systems (UPS, ATS, generators), and ongoing preventative maintenance such as infrared scanning. Its service model is anchored in a Plan/Fab/Install methodology: 80% of project scope is pre-planned using Building Information Modeling (BIM)/virtual construction, and 50% is prefabricated off-site before expedited on-site installation.

The firm is privately held under founder/operator leadership — Daniel Anderson (Founder), Derek Davis (Vice President), and Ben Multer — all of whom advanced through trade, estimating, and project management roles. Icon Electric holds Arizona Registrar of Contractors license CR11 (333983), covering commercial and residential electrical contracting. Revenue is generated through two streams: one-time project-based installation work, where the company acts as subcontractor to general contractors such as Sawhorse LTD, Willmeng Construction, GCON, and Irwin Construction, and ongoing service and preventative maintenance contracts. Go-to-market is entirely direct: customers request free estimates by phone, email, or website, and projects are executed on-site at customer locations across Arizona.

Operationally the company employs between 51 and 100 people, runs an ABA-accredited apprenticeship program with in-house journeyman code training, and lists nine distinct service categories on its website. No external funding, acquisitions, geographic expansion beyond Arizona, or public-company ambitions are evident in available materials. The company's competitive positioning rests on process discipline (BIM pre-planning and prefab), repeat general contractor relationships, and diversified vertical exposure rather than proprietary technology or scale.

Name

Icon Electric

Legal name

ICON Electric

Website

https://icon-ec.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Icon Electric is a private, Tempe, Arizona-based electrical construction contractor installing and maintaining electrical systems for commercial, industrial, healthcare, and data center clients across the Phoenix metro, primarily as a subcontractor to general contractors using BIM pre-planning and prefabrication.

Ownership category

akta.pro rank

Headquarters

HQ city

Tempe

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Electrical Installation Services: One-time project-based electrical installation services for new construction and tenant improvement projects. Revenue generated from labor and materials for electrical system installations.
2. Service and Maintenance: Ongoing electrical service, preventative maintenance, and emergency repair services. Includes IR scans and maintenance contracts.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Icon Electric is an electrical services and construction contractor that installs, constructs, and maintains electrical systems for commercial, industrial, healthcare, and data center facilities in the Arizona market. The company delivers projects through a Plan/Fab/Install methodology combining BIM virtual construction planning with off-site prefabrication, and offers ongoing service, preventative maintenance, IR scans, and emergency power/disaster recovery solutions.

Product overview

ICON Electric is an electrical services and construction company offering a comprehensive portfolio of electrical solutions. Their core service offerings include Commercial, Industrial, Healthcare, and Data Center electrical installations, complemented by Disaster Recovery & Emergency Power systems and ongoing Electrical Service & Maintenance. The company differentiates itself through a Plan/Fab/Install approach that combines Virtual Construction (BIM) planning with Prefab prefabrication capabilities to streamline installations. Their service model follows a structured process: pre-planning at least 80% of scope, prefabricating at least 50% of components, and using expedited installation methods to improve production rates.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Electrical Services Electrical installation and construction services for commercial buildings, including office spaces, retail locations, and commercial complexes. Targeted at commercial general contractors and property owners in Arizona.
• Industrial Electrical Services Electrical construction and installation services for industrial facilities, including warehouses, manufacturing plants, and large-scale industrial buildouts. Targeted at industrial general contractors and warehouse/logistics developers in Arizona.
• Healthcare Electrical Services Specialized electrical solutions for healthcare facilities, including hospitals and medical buildings with specific compliance and reliability requirements. Targeted at healthcare facility operators and general contractors serving them.
• Data Center Electrical Services Electrical infrastructure installation and solutions for data center facilities, including power distribution and backup systems. Targeted at data center operators and their general contractors.
• Disaster Recovery & Emergency Power Emergency power system installation, including generator systems and automatic transfer switches (ATS), to support disaster recovery readiness. Targeted at facility operators requiring backup power and emergency preparedness.
• Electrical Service & Maintenance Ongoing electrical service and maintenance for facilities, including troubleshooting, repairs, and system updates. Targeted at facility operators and owners requiring responsive service support.
• Preventative Maintenance with IR Scans Scheduled preventative maintenance services, including infrared (IR) scans, to ensure electrical system reliability and prevent unplanned failures. Targeted at facility operators across commercial, industrial, hospitality, and gaming sectors.

Quantifiable outcome

• 80% of scope pre-planned
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/icon-electric

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Icon Electric