Irys Insurtech Closed $3.5M Seed Round
Irys combines the best in insurance operations, compliance and industry knowledge with AI
Company Name: Irys Insurtech
Location: Tampa, FL
Nature of Business: Fintech SaaS for the insurance industry
Funding Raised: $3.5M in Seed round
Lead Investor: Markd
Other Investors: Brokertech Ventures, Revtech Labs, Cofounders Capital, Mtech Capital
Purpose for Funds: Scale the platform and expand the implementation team
Background:
- Nature of Product/Service: Offers an open API cloud-based management system.
- Key Features:
- Uses machine learning (ML) and generative artificial intelligence (AI).
- Aids insurance brokers by simplifying workflows and ensuring data precision.
- Helps in organically growing their books and increasing client satisfaction.
Company Leadership: Margeaux Giles, CEO.
