About Irys
Irys is a company based in London (United Kingdom) founded in 2010 by Josh Benaron. It operates as a Data-as-a-Service. Irys has raised $18.7 million across 3 funding rounds from investors including Amber Group, OpenSea and Arweave. Irys offers products and services including Programmable Datachain and Composable Utilities. Irys operates in a competitive market with competitors including Taboola, Scoop.it, Guavus, Storj and Filecoin, among others.
- Headquarter London, United Kingdom
- Founders Josh Benaron
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.7 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
Aug 21, 2025
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Investors
Amber Group
& 17 more
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Employee Count
Employee Count
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Products & Services of Irys
Irys offers a comprehensive portfolio of products and services, including Programmable Datachain and Composable Utilities. 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.
Data storage and execution are enabled onchain efficiently.
Onchain utilities are provided for shared data integration.
Funding Insights of Irys
Irys has successfully raised a total of $18.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in August 2025. 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 Funding
- Total Rounds 3
- Last Round Series A — $10.0M
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First Round
First Round
(04 May 2022)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series A - Irys | Valuation | CoinFund | |
| Jun, 2024 | Amount | Seed - Irys | Valuation | Lemniscap | |
| May, 2022 | Amount | Seed - Irys | Valuation | Framework Ventures , Arweave |
| 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 Irys
Irys has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amber Group, OpenSea and Arweave. 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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Blockchain startups are funded by Framework Ventures venture capital.
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Founded Year | Domain | Location | |
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Hypersphere Capital is focused on crypto-native investment opportunities.
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Founded Year | Domain | Location | |
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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 Irys
| 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 - Irys
| 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 |
Irys Comparisons
Competitors of Irys
Irys 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 Taboola, Scoop.it, Guavus, Storj and Filecoin, 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 |
Ad network platform is utilized for content recommendations and monetization.
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| domain | founded_year | HQ Location |
Content curation and social sharing platform for businesses
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| domain | founded_year | HQ Location |
Cloud and AI-based prescriptive analytics for telecom networks are delivered.
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| domain | founded_year | HQ Location |
Decentralized cloud storage is provided via blockchain and peer-to-peer networks.
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| domain | founded_year | HQ Location |
Decentralized storage networks are provided for enterprise file solutions.
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| domain | founded_year | HQ Location |
Decentralized cloud storage solutions are offered for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Irys
Frequently Asked Questions about Irys
When was Irys founded?
Irys was founded in 2010 and raised its 1st funding round 12 years after it was founded.
Where is Irys located?
Irys is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Irys?
Josh Benaron is the current CEO of Irys. They have also founded this company.
Is Irys a funded company?
Irys is a funded company, having raised a total of $18.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.2M, raised on May 04, 2022.
What does Irys do?
A high-performance datachain is provided by Irys for AI, intellectual property, and consumer applications. Data storage and execution are enabled at lower costs compared to traditional Web2 and Web3 solutions. Programmable data is supported, allowing developers to embed instructions for transactions, AI workflows, and smart contracts. Composable utilities are integrated to create a shared data layer across ecosystems. Cost-efficient storage with stable pricing is ensured, facilitating scalable and powerful applications.
What products or services does Irys offer?
Irys offers Programmable Datachain and Composable Utilities.
Who are Irys's investors?
Irys has 18 investors. Key investors include Amber Group, OpenSea, Arweave, Framework Ventures, and CoinFund.
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