Fundz

Irys Insurtech, Inc. The Revolutionary Insurtech Challenger, Closes $3.5 Million Seed Round To Take On Legacy Competitors

PRIVATEAug 24, 2023

Amount Raised

$3.5 Million

Round Type

Seed

TampaSoftwareArtificial IntelligenceSaaS

Investors

Mtech CapitalCofounders CapitalRevtech LabsBrokertech VenturesMarkd

Description

Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems. The funding round was led by Markd, known for its keen interest in groundbreaking insurtech innovations. This investment heralds a new era where traditional insurance distribution processes are challenged and redefined.

Quick answer

Irys Insurtech raised $3.5 Million in a Seed round, dated August 24, 2023. Investors: Mtech Capital, Cofounders Capital, Revtech Labs, Brokertech Ventures and Markd. Irys Insurtech is based in Tampa, Florida, United States.

How much did Irys Insurtech raise?
Irys Insurtech raised $3.5 Million in a Seed round on August 24, 2023.
Who invested in Irys Insurtech?
Mtech Capital, Cofounders Capital, Revtech Labs, Brokertech Ventures and Markd are named as investors in this round.
What does Irys Insurtech do?
Irys Insurtech, Inc. is a Tampa-based fintech SaaS company that brings innovative, AI-driven solutions to the insurance industry.
Where is Irys Insurtech based and how big is it?
Irys Insurtech is based in Tampa, Florida, United States.
Who are the decision-makers at Irys Insurtech?
Fundz holds 1 contact at Irys Insurtech. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as Irys Insurtech that raised within 45 days of this round, from Fundz verified event records.

  • Konect.ai raised $5.5M (Seed) on October 5, 2023.
  • Aampe raised $7.5M (Funding Round) on October 5, 2023.
  • Saidot raised $1.8M (Seed) on October 5, 2023.
  • Stampli raised $61M (Funding Round) on October 3, 2023.
  • Orquesta raised $845K (Seed) on October 2, 2023.
  • Flawless raised $2.2M (Seed) on September 28, 2023.

Who to call at Irys Insurtech, and when

A new round usually means Irys Insurtech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Irys Insurtech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Irys Insurtech, from your own LinkedIn network

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Company Information

Company

Irys Insurtech

Location

Tampa, Florida, United States

About

Irys Insurtech, Inc. is a Tampa-based fintech SaaS company that brings innovative, AI-driven solutions to the insurance industry. Irys is an open APi cloud based management system. By offering a unified workspace that simplifies workflows and ensures data precision, Irys drives significant ROI, enabling companies to organically grow their books and amplify client satisfaction.

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Irys Insurtech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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