About Iress
Iress is a company based in Melbourne (Australia) founded in 1993.. The company has 1,640 employees as of December 31, 2024. Iress has completed 8 acquisitions, including BC Gateways, Financial Synergy and INET BFA. Iress operates in a competitive market with competitors including Planful, Link Group, Modern Wealth Management, iraLogix and Wealthpilot, among others.
- Headquarter Melbourne, Australia
- Employees 1640 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Iress Limited
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Annual Revenue
$372.17 M (USD)-3.98as on Dec 31, 2024
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Net Profit
$54.92 M (USD)164.5as on Dec 31, 2024
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EBITDA
$62.5 M (USD)33.23as on Dec 31, 2024
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Latest Funding Round
$237.62 M (USD), Debt – Conventional
Nov 01, 2017
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Investors
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Employee Count
1640
as on Dec 31, 2024
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Investments & Acquisitions
BC Gateways
& 7 more
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IPO & Listings of Iress
Iress is a publicly listed company on the ASX with ticker symbol IRE in Australia, operating in the Technology 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.
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Software Development Team
52 people
Product Management Team
29 people
Leadership Team
16 people
Head Team
16 people
Finance and Accounting
14 people
Human Resources and Administration
11 people
Sales and Marketing
10 people
Senior Team
8 people
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Funding Insights of Iress
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $237.6M
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First Round
First Round
(01 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Debt – Conventional - Iress | Valuation |
investors |
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| Sep, 2015 | Amount | Debt – Conventional - Iress | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Iress
Iress has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BC Gateways, Financial Synergy and INET BFA. 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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Blockchain-enabled platforms are provided for financial services communications.
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2017 | ||||
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Direct-to-client platforms for fund managers are provided.
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2012 | ||||
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End-to-end systematic trading solutions with ultra-low latency are provided.
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2005 |
| 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 - Iress
| 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 |
Iress Comparisons
Competitors of Iress
Iress 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 Planful, Link Group, Modern Wealth Management, iraLogix and Wealthpilot, 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 |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Retirement and superannuation solutions are provided, including investments and pensions.
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| domain | founded_year | HQ Location |
Wealth management services are provided to clients by the firm.
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| domain | founded_year | HQ Location |
Financial planning software for IRA recordkeeping is offered.
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| domain | founded_year | HQ Location |
SaaS-based financial advisory & planning solutions
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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 Iress
Frequently Asked Questions about Iress
When was Iress founded?
Iress was founded in 1993 and raised its 1st funding round 22 years after it was founded.
Where is Iress located?
Iress is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
How many employees does Iress have?
As of Dec 31, 2024, the latest employee count at Iress is 1,640.
What is the annual revenue of Iress?
Annual revenue of Iress is $372.17M as on Dec 31, 2024.
What does Iress do?
Online provider of wealth management solutions for financial markets. It streamlines data and workflow for financial markets and wealth managers. Its products include IRESS, equity derivative market solutions for trading, market data, portfolio management. It also offers comprehensive tools for financial planners risk managers that offer a range of solutions for client management, business management, and financial planning. Private Wealth is an integrated online desktop for portfolio managers and private client advisers, and more.
Who are the top competitors of Iress?
Is Iress publicly traded?
Yes, Iress is publicly traded on ASX under the ticker symbol IRE.
How many acquisitions has Iress made?
Iress has made 8 acquisitions, including BC Gateways, Financial Synergy, and INET BFA.
What is Iress's ticker symbol?
The ticker symbol of Iress is IRE on ASX.
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