logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

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

Aug 24, 2023over 2 years ago

Amount Raised

$3.5 Million

Round Type

seed

TampaSaasArtificial IntelligenceSoftware

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.

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.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers