Irisys

Northampton, United Kingdom Founded: 1996 • Age: 30 yrs Acquired By Fluke
Hardware and software provider of sensors for offline businesses
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About Irisys

Irisys is a company based in Northampton (United Kingdom) founded in 1996 by Gina Stack was acquired by Fluke in June 2012.. Irisys has raised $10.25 million across 4 funding rounds from investors including Fluke Corporation. The company has 29 employees as of December 31, 2021. Irisys offers products and services including Irisys Products and Vector 4D. Irisys operates in a competitive market with competitors including Wiser, Zeotap, SPINS, Crisp and Streetbees, among others.

  • Headquarter Northampton, United Kingdom
  • Employees 29 as on 31 Dec, 2021
  • Founders Gina Stack
  • Sectors
    Technology
    Retail Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Infrared Integrated Systems Limited
  • Date of Incorporation 16 Apr, 1996
  • Jurisdiction BRACKNELL, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Internet of Things (IoT) & Connectivity
Retail → Retail Technology & Automation
Technology → Internet of Things (IoT) & Connectivity
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
    $15.13 M (USD)
    -5
    as on Dec 31, 2017
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10.25 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.9 M (USD), Series C

    Sep 24, 2004

  • Investors
  • Employee Count
    29

    as on Dec 31, 2021

  • Acquired by
    Fluke

    (Jun 01, 2012)

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Products & Services of Irisys

Irisys offers a comprehensive portfolio of products and services, including Irisys Products and Vector 4D. 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

Electronic products for counting and sensing applications

Specific system that has reached end of life

Funding Insights of Irisys

Irisys has successfully raised a total of $10.25M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $1.9 million completed in September 2004. 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 4
  • Last Round Series C — $1.9M
  • First Round

    (01 Apr 1998)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2004 Amount Series C - Irisys Valuation

investors

Jun, 2001 Amount Series B - Irisys Valuation

investors

Jun, 2000 Amount Series A - Irisys 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 Irisys

Irisys has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fluke Corporation. 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
Institutional
Investor Description Founded Year Domain Location
Electronic test and measurement instruments are manufactured by Fluke.
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 Irisys

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 - Irisys

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

Irisys Comparisons

Employees
+
Add Comparison
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Competitors of Irisys

Irisys 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 Wiser, Zeotap, SPINS, Crisp and Streetbees, 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
Price intelligence and optimization software is provided for e-commerce retailers.
domain founded_year HQ Location
An AI-based customer data intelligence platform is offered for businesses.
domain founded_year HQ Location
Retail consumer analytics services are provided for natural products sector.
domain founded_year HQ Location
Business analytics software is provided for CPG retailers and suppliers.
domain founded_year HQ Location
AI-based marketing intelligence is collected via crowdsourced mobile workforce.
domain founded_year HQ Location
AI-driven business intelligence solutions are delivered for key sectors.
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 Irisys

Reviving Acquires 50 million IRISYS for $
Pharmtech4 years ago

Frequently Asked Questions about Irisys

When was Irisys founded?

Irisys was founded in 1996 and raised its 1st funding round 2 years after it was founded.

Where is Irisys located?

Irisys is headquartered in Northampton, United Kingdom. It is registered at Northampton, Northamptonshire, United Kingdom.

Who is the current CEO of Irisys?

Gina Stack is the current CEO of Irisys. They have also founded this company.

Is Irisys a funded company?

Irisys is a funded company, having raised a total of $10.25M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.75M, raised on Apr 01, 1998.

How many employees does Irisys have?

As of Dec 31, 2021, the latest employee count at Irisys is 29.

What is the annual revenue of Irisys?

Annual revenue of Irisys is $15.13M as on Dec 31, 2017.

What does Irisys do?

Hardware and software provider of sensors for offline businesses. The sensors are based on thermal array technology and have no calibration or scene specific setup requirements. The data sensed is then fed into a centralised software system, which utilises detection algorithms to identify and track the movement of people. The real time information extracted can be used to avoid problems such as congestion in certain areas, queue demand prediction, sales associate assignment, and more. Clients can manage data of multiple locations from a centralized platform. Use cases include retailers, supermarkets, airports, museums, shopping malls, train stations, and more.

Who are the top competitors of Irisys?

Irisys's top competitors include Zeotap, Peak and Wiser.

What products or services does Irisys offer?

Irisys offers Irisys Products and Vector 4D.

Who are Irisys's investors?

Irisys has 1 investor. Key investors include Fluke Corporation.

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