IrisVR

New York, United States Founded: 2014 • Age: 12 yrs
Virtual reality tools for architecture, engineering, and construction are developed.
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About IrisVR

IrisVR is a company based in New York (United States) founded in 2014.. IrisVR has raised $10.34 million across 6 funding rounds from investors including Azure Capital Partners, Techstars and Emergence Capital. IrisVR operates in a competitive market with competitors including Matterport, Flipspaces, 3vjia, iStaging and Trezi, among others.

  • Headquarter New York, United States
  • Sectors
    Real Estate & Construction
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Irisvr, Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.34 M (USD)

    in 6 rounds

  • Latest Funding Round
    $8 M (USD), Series A

    Oct 25, 2016

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of IrisVR

IrisVR has successfully raised a total of $10.34M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in October 2016. 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 — $8.0M
  • First Round

    (16 Apr 2014)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Series A - IrisVR Valuation Emergence Capital
Jul, 2015 Amount Seed - IrisVR Valuation Indicator Ventures , Valar Ventures
Jan, 2015 Amount Seed - IrisVR 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 IrisVR

IrisVR has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Azure Capital Partners, Techstars and Emergence Capital. 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
Tech focused Early and growth stage VC firm investing in the US
Founded Year Domain Location
Indicator Ventures is engaged in early-stage venture capital investments.
Founded Year Domain Location
Investments in SaaS, marketplace, and middle market companies are managed.
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 IrisVR

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 - IrisVR

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

Irisvr Comparisons

Employees
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Competitors of IrisVR

IrisVR 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 Matterport, Flipspaces, 3vjia, iStaging and Trezi, 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
Provider of cloud and AI-based virtual tour solutions for construction professionals
domain founded_year HQ Location
Provider of interior design, product supply, and project management services for facilities
domain founded_year HQ Location
3D virtual reality solutions are offered via an online platform.
domain founded_year HQ Location
Augmented and virtual reality platforms are built online for businesses.
domain founded_year HQ Location
Immersive AR/VR platform for collaborative design is developed.
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 Irisvr

Frequently Asked Questions about IrisVR

When was IrisVR founded?

IrisVR was founded in 2014.

Where is IrisVR located?

IrisVR is headquartered in New York, United States. It is registered at New York, New York, United States.

Is IrisVR a funded company?

IrisVR is a funded company, having raised a total of $10.34M across 6 funding rounds to date. The company's 1st funding round was a Seed of $143K, raised on Apr 16, 2014.

What does IrisVR do?

IrisVR was founded in 2014 and is based in New York, United States. SaaS-based virtual reality solutions are provided for the architecture, engineering, and construction sector. 3D plans are uploaded and converted into VR experiences, while panoramic images are transformed into VR formats compatible with smartphones. Integration is supported with devices such as Oculus Rift, HTC Vive, Daydream, GearVR, and Cardboard. Operations focus on enabling immersive design reviews and collaboration.

Who are the top competitors of IrisVR?

IrisVR's top competitors include Matterport, Flipspaces and iStaging.

Who are IrisVR's investors?

IrisVR has 11 investors. Key investors include Azure Capital Partners, Techstars, Emergence Capital, Indicator Ventures, and Pritzker Group.

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