About nyris
nyris is a company based in Berlin (Germany) founded in 2015 by Markus Lukasson and Anna Lukasson-Herzig.. nyris has raised $10.84 million across 7 funding rounds from investors including TRUMPF, IKEA and European Union. The company has 49 employees as of December 31, 2023. nyris offers products and services including Visual Search APIs, Spare Parts Search Suite, Synthetic Data, and Portal. nyris operates in a competitive market with competitors including BitGo, LifeLock, Yoti, HYPR and Microblink, among others.
- Headquarter Berlin, Germany
- Employees 49 as on 31 Dec, 2023
- Founders Markus Lukasson, Anna Lukasson-Herzig
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Sectors
TechnologyIndustrial Goods & Manufacturing Retail Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Nyris Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.84 M (USD)
in 7 rounds
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Latest Funding Round
$10.84 M (USD), Series A
Mar 01, 2023
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Investors
TRUMPF
& 9 more
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Employee Count
49
as on Dec 31, 2023
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Products & Services of nyris
nyris offers a comprehensive portfolio of products and services, including Visual Search APIs, Spare Parts Search Suite, Synthetic Data, and Portal. 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.
APIs for integrating visual search into applications for quick product matching.
Tools for effortless spare parts identification using images and keywords.
Generates visual data for enhancing search engines efficiently.
Platform to monitor and optimize visual search performance.
Funding Insights of nyris
nyris has successfully raised a total of $10.84M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $10.84 million completed in March 2023. 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 7
- Last Round Series A — $10.8M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Series A - nyris | Valuation | TRUMPF | |
| Sep, 2021 | Amount | Grant - nyris | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - nyris | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 nyris
nyris has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include TRUMPF, IKEA and European Union. 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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Tech startups are funded through eCAPITAL's venture capital investments.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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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 nyris
| 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 - nyris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Nyris Comparisons
Competitors of nyris
nyris 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 BitGo, LifeLock, Yoti, HYPR and Microblink, 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 |
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| domain | founded_year | HQ Location |
Crypto-based custody, trading, and lending services are provided to institutions.
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| domain | founded_year | HQ Location |
Identity theft is protected and prevented through cyber monitoring services.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided for multiple industries digitally.
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| domain | founded_year | HQ Location |
Passwordless multi-factor authentication and identity assurance solutions are provided.
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| domain | founded_year | HQ Location |
Platform offering card scanning apps-based consumer payments
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| domain | founded_year | HQ Location |
Visual search platform for e-commerce is provided using image recognition.
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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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Frequently Asked Questions about nyris
When was nyris founded?
nyris was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is nyris located?
nyris is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of nyris?
Anna Lukasson-Herzig is the current CEO of nyris. They have also founded this company.
Is nyris a funded company?
nyris is a funded company, having raised a total of $10.84M across 7 funding rounds to date. The company's 1st funding round was a Grant of $60.62K, raised on Dec 23, 2016.
How many employees does nyris have?
As of Dec 31, 2023, the latest employee count at nyris is 49.
What does nyris do?
Nyris was founded in 2015 in Berlin, Germany, focusing on AI-driven tools for object and image recognition within the technology sector. Technologies such as feature extraction, hashing for product similarity, optical character recognition, logo detection, custom neural networks, and manual mapping are employed. The companys API is designed for integration into existing applications, supporting operations in visual search and related fields.
What products or services does nyris offer?
nyris offers Visual Search APIs, Spare Parts Search Suite, Synthetic Data, and Portal.
Who are nyris's investors?
nyris has 10 investors. Key investors include TRUMPF, IKEA, European Union, Svensk Exportkredit, and Mcke Roth.