About Iristick
Iristick is a company based in Antwerp (Belgium) founded in 2014 by Riemer Grootjans.. The company has 9 employees as of December 31, 2023. Iristick operates in a competitive market with competitors including Vuzix, RealWear, DigiLens, Almer Technologies and WayRay, among others.
- Headquarter Antwerp, Belgium
- Employees 9 as on 31 Dec, 2023
- Founders Riemer Grootjans
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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
*********
- Legal Name Iristick
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Annual Revenue
$1.66 M (USD)-15as on Dec 31, 2023
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Net Profit
$-2.04 M (USD)-10as on Dec 31, 2023
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EBITDA
$-1.19 M (USD)-9as on Dec 31, 2023
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Latest Funding Round
$2.24 M (USD), Grant
Jun 11, 2018
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Investors
European Union
& 4 more
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Employee Count
9
as on Dec 31, 2023
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Funding Insights of Iristick
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $2.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Grant - Iristick | Valuation |
investors |
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| Apr, 2018 | Amount | Grant - Iristick | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - Iristick | 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 Iristick
Iristick has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Invent Baltics and Innovation Fund. 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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Early-stage life sciences and tech focused venture capital firm investing in geographies such as Belgium
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Management consulting and funding services are provided by the firm.
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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 Iristick
| 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 |
Financial Statements - Iristick
| 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 |
Iristick Comparisons
Competitors of Iristick
Iristick 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 Vuzix, RealWear, DigiLens, Almer Technologies and WayRay, 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 |
Smart glasses are provided for remote support and teleconferencing.
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| domain | founded_year | HQ Location |
Provider of wearable heads-up display for industrial workers
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| domain | founded_year | HQ Location |
Designs optical waveguide technology for HUD, AR and biometric applications
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| domain | founded_year | HQ Location |
AR-based platforms for industrial remote assistance are provided.
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| domain | founded_year | HQ Location |
Holographic AR navigation systems for vehicles are developed.
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| domain | founded_year | HQ Location |
Head-up displays for connected and autonomous vehicles are provided.
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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 Iristick
Frequently Asked Questions about Iristick
When was Iristick founded?
Iristick was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Iristick located?
Iristick is headquartered in Antwerp, Belgium.
Who is the current CEO of Iristick?
Kirby De Jode is the current CEO of Iristick.
How many employees does Iristick have?
As of Dec 31, 2023, the latest employee count at Iristick is 9.
What is the annual revenue of Iristick?
Annual revenue of Iristick is $1.66M as on Dec 31, 2023.
What does Iristick do?
Iristick was founded in 2014 in Antwerp, Belgium, as a developer of smart safety glasses tailored for industrial applications. Remote monitoring and assistance features are provided through these glasses, enabling real-time video conferencing. Remote experts can view the wearers perspective, supporting collaboration and problem-solving in industrial settings. Operations focus on enhancing safety and efficiency in sectors like manufacturing and engineering.
Who are the top competitors of Iristick?
Iristick's top competitors include RealWear, DigiLens and Almer Technologies.
Who are Iristick's investors?
Iristick has 5 investors. Key investors include European Union, Invent Baltics, Innovation Fund, Saffelberg Investments, and PENTACON.
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