Iris.Ai

Haslum, Norway Founded: 2015 • Age: 11 yrs
An AI-based platform for database searching has been developed.
Annual revenue - Latest available
Total funding $21.6M 6 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Iris.Ai

Iris.Ai is a company based in Haslum (Norway) founded in 2015 by Jacobo Elosua. Iris.Ai has raised $21.58 million across 6 funding rounds from investors including Founders Factory, European Union and Silverline Capital. Iris.Ai offers products and services including RSpace™ and Neuralith™. Iris.Ai operates in a competitive market with competitors including Box, IQVIA, Fractal Analytics, Scrive and iManage, among others.

  • Headquarter Haslum, Norway
  • Founders Jacobo Elosua
  • Sectors
    Technology
    Healthcare Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iris Ai As
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Cloud, Data & Analytics Infrastructure
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Artificial Intelligence & Machine Learning
Education → Education Technology (EdTech)
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $21.58 M (USD)

    in 6 rounds

  • Latest Funding Round
    $8.3 M (USD), Series A

    May 29, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Iris.Ai

Iris.Ai offers a comprehensive portfolio of products and services, including RSpace™ and Neuralith™.

Primary

AI tool for managing research documents and data processing.

Platform for neural network-based knowledge extraction and analysis.

People of Iris.Ai

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Stefan Vasilev
Backend Developer
People
Tomislav Dyulgerov
Senior Software Developer
People
Volodymyr Krekhovetskyi
Senior Software Developer
People
Jacobo Elosua
CFO

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Funding Insights of Iris.Ai

Iris.Ai has successfully raised a total of $21.58M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $8.3 million completed in May 2024. 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 6
  • Last Round Series A — $8.3M
  • First Round

    (15 Jul 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Series A - Iris.Ai Valuation Silverline Capital
Jan, 2023 Amount Grant - Iris.Ai Valuation

investors

Jan, 2023 Amount Series A - Iris.Ai Valuation

investors

Investors in Iris.Ai

Iris.Ai has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Founders Factory, European Union and Silverline Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Silverline Capital is engaged in private equity investments.
Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Startup studio focused on fintech, telecoms, and multiple sectors
Founded Year Domain Location

Investments & Acquisitions by Iris.Ai

Investments

Financial Statements - Iris.Ai

Iris.Ai Comparisons

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Competitors of Iris.Ai

Iris.Ai 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, IQVIA, Fractal Analytics, Scrive and iManage, among others.

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
Clinical research and commercialization solutions are provided for healthcare.
domain founded_year HQ Location
Artificial intelligence and analytics solutions are provided for enterprise transformation.
domain founded_year HQ Location
E-signature and document automation solutions are offered by Scrive.
domain founded_year HQ Location
Cloud-based document and risk management software is offered for enterprises.
domain founded_year HQ Location
Cloud-based low-code platform for database application development is offered.

Latest news on Iris.Ai

Frequently Asked Questions about Iris.Ai

Iris.Ai was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Iris.Ai is headquartered in Haslum, Norway.

Iris.Ai is a funded company, having raised a total of $21.58M across 6 funding rounds to date. The company's 1st funding round was a Grant of $2.58M, raised on Jul 15, 2016.

Iris.Ai was established in 2015 in Haslum, Norway, within the AI sector. Operations center on a database searching platform where unsupervised machine learning is applied to extract hierarchical concepts from TED talks. Scientific contexts related to these concepts are then presented. The prototype supports enhanced exploration of educational and research materials, with co-founder Jacobo Elosua serving as CMO.

Iris.Ai's top competitors include Box, Fractal Analytics and IQVIA.

Iris.Ai offers RSpace™ and Neuralith™.

Iris.Ai has 5 investors. Key investors include Founders Factory, European Union, Silverline Capital, EIC Fund, and 500 Nordics.

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