Iris Corporate

Founded: 1987 • Age: 39 yrs Acquired By Canon
Intelligent document recognition technologies are developed for digital asset management.
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About Iris Corporate

Iris Corporate is a company founded in 1987 was acquired by Canon in September 2012.. Iris Corporate has raised $13.7 million across 2 funding rounds from investors including Canon, Ackermans & van Haaren and European Union. Iris Corporate offers products and services including IRISOCR SDK, IRISXtract SDK, and Readiris PDF. Iris Corporate operates in a competitive market with competitors including Box, M-Files, PandaDoc, Conga and airSlate, among others.

  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $707.79 K (USD), Grant

    Sep 15, 2019

  • Investors
    Canon

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Canon

    & 1 more

    (Sep 18, 2012)

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Products & Services of Iris Corporate

Iris Corporate offers a comprehensive portfolio of products and services, including IRISOCR SDK, IRISXtract SDK, and Readiris PDF. 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.

Primary

Enables OCR and barcode recognition for document conversion

Extracts and classifies data from various document sources

Converts and edits digital files into multiple formats

People of Iris Corporate
Headcount 500-1000
Employee Profiles 17
Employee Profiles
People
Yves Halleux
WW Purchasing & Marketing Director
People
Frank Tiedt
Chief Sales Officer
People
Bernard de Fabribeckers
WW Sales Director
People
Manfred Traeger
Director Sales Service Industry, Vice President

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Funding Insights of Iris Corporate

Iris Corporate has successfully raised a total of $13.7M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $707.79 thousand completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $707,787
  • First Round

    (01 Jun 2007)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Grant - Iris Corporate Valuation

investors

Jun, 2007 Amount Series A - Iris Corporate Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Iris Corporate

Iris Corporate has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Canon, Ackermans & van Haaren 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and fund-of-funds investments are managed across multiple sectors.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Strategic investments are made in growth-oriented companies across diverse sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Iris Corporate

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Iris Corporate

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iris Corporate Comparisons

Employees
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Competitors of Iris Corporate

Iris Corporate 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 Box, M-Files, PandaDoc, Conga and airSlate, 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
AI-based platform for secure collaboration and content management is utilized.
domain founded_year HQ Location
Documents are managed and automated for enterprise knowledge work.
domain founded_year HQ Location
Document workflows are automated and managed for sales teams.
domain founded_year HQ Location
Contract lifecycle management is facilitated via a cloud-based platform.
domain founded_year HQ Location
Provider of no code business automation solutions
domain founded_year HQ Location
Business processes are automated via customizable apps and AI tools.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Iris Corporate

Frequently Asked Questions about Iris Corporate

When was Iris Corporate founded?

Iris Corporate was founded in 1987 and raised its 1st funding round 20 years after it was founded.

Who is the current CEO of Iris Corporate?

Marc Bory is the current CEO of Iris Corporate.

Is Iris Corporate a funded company?

Iris Corporate is a funded company, having raised a total of $13.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $13.7M, raised on Jun 01, 2007.

What does Iris Corporate do?

Products and technologies for intelligent document recognition are developed by I.R.I.S., founded in 1987, focusing on optical character recognition, mobile scanning, electronic document management, information flows, and IT infrastructure. The IRISNotes 3 system enables digitization of handwritten content from paper. Operations span offices in Florida (U.S.A.), Hong Kong, France, Luxembourg, Germany, and the Netherlands, serving the digital asset management sector.

Who are the top competitors of Iris Corporate?

Iris Corporate's top competitors include Box, Conga and M-Files.

What products or services does Iris Corporate offer?

Iris Corporate offers IRISOCR SDK, IRISXtract SDK, and Readiris PDF.

Who are Iris Corporate's investors?

Iris Corporate has 4 investors. Key investors include Canon, Ackermans & van Haaren, European Union, and CNP.

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