Irys Insurtech Closed $3.5M Seed Round

Irys combines the best in insurance operations, compliance and industry knowledge with AI

Irys Insurtech Closed $3.5M Seed Round
Source: Irys Insurtech

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.