IRYStec

Montreal, Canada Founded: 2015 • Age: 11 yrs Acquired By Faurecia
Perceptual Display Platform embedded software is developed for power-efficient displays.
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About IRYStec

IRYStec is a company based in Montreal (Canada) founded in 2015 was acquired by Faurecia in July 2020. It operates as a SaaS (Software-as-a-Service). IRYStec offers products and services including MYdisplay, GreenHDR, Smart Dimming, and MYvue.

  • Headquarter Montreal, Canada
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Faurecia Irystec Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Faurecia

    & 6 more

  • Employee Count
    Employee Count
  • Acquired by
    Faurecia

    (Jul 21, 2020)

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Products & Services of IRYStec

IRYStec offers a comprehensive portfolio of products and services, including MYdisplay, GreenHDR, Smart Dimming, and MYvue. 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

Software for optimizing automotive display viewing experience dynamically.

Solution for enhancing display efficiency in automotive systems.

Technology for adjusting display brightness in automotive environments.

Platform for personalized display settings in automotive displays.

Funding Insights of IRYStec

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series A - IRYStec Valuation Whitecap Venture Partners
Aug, 2016 Amount Series A - IRYStec 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 IRYStec

IRYStec has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Faurecia, BDC and Whitecap VP. 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
Angel
Investor Description Founded Year Domain Location
Whitecap VP is engaged in venture capital investments for startups.
Founded Year Domain Location
An informal angel investment group formed by BNR alumni.
Founded Year Domain Location
-
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 IRYStec

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 - IRYStec

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

Irystec Comparisons

Employees
+
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Competitors of IRYStec

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 Irystec

Frequently Asked Questions about IRYStec

When was IRYStec founded?

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

Where is IRYStec located?

IRYStec is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

What does IRYStec do?

Automotive display software solutions are developed by IRYStec, a Faurecia company. Focus is placed on dynamic content optimization for instrument clusters, center stacks, and head-up displays. Technology is designed to adapt displayed content to ambient light and driver vision, ensuring safer and power-efficient viewing experiences. Scalable and customizable platforms are offered to support OEM growth needs and reduce implementation costs. Integration into existing systems is enabled, facilitating faster time-to-market for automotive manufacturers.

What products or services does IRYStec offer?

IRYStec offers MYdisplay, GreenHDR, Smart Dimming, and MYvue.

Who are IRYStec's investors?

IRYStec has 7 investors. Key investors include Faurecia, BDC, Whitecap VP, Skunkworks Business Solutions, and Purple Angel.

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