Iris Automation - About the company
Iris Automation is an acquired company based in Reno (United States), founded in 2015 by Alexander Harmsen. It operates as a Provider of autonomous drone collision avoidance systems based on computer vision. Iris Automation has raised $23.1M in funding from investors like Bee Partners, Y Combinator and Bessemer Venture Partners. The company has 95 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Daedalean, Stanhope AI and Wonder Robotics.
Company Details
Iris Automation develops a computer vision-based collision avoidance system for drones. The company develops the entire system, including an on-board camera, a processor and a software package. Iris claims that its systems are low-power and compatible with a large range of drones.
- Website
- irisonboard.com
- Email ID
- *****@irisautomation.ca
Key Metrics
Founded Year
2015
Location
Reno, United States
Stage
Acquired
Total Funding
$23.1M in 5 rounds
Latest Funding Round
Investors
Ranked
3rd among 95 active competitors
Employee Count
5 as on Jun 30, 2026
Exit Details
Acquired by uAvionix (Oct 24, 2023)
Legal entities associated with Iris Automation
Iris Automation is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Iris Automation, Inc. CIN: 20211260309 , United States, Deadpooled | Mar 18, 2021 | - | - | - |
Iris Automation's acquisition details
Iris Automation got acquired by uAvionix on Oct 24, 2023.
Click here to take a look at Iris Automation's acquisition in detail
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Iris Automation's funding and investors
Iris Automation has raised a total funding of $23.1M over 5 rounds. Its first funding round was on Mar 27, 2016. Its latest funding round was a Series B round on Dec 15, 2020 for $*****. 5 investors participated in its latest round. Iris Automation has 16 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Iris Automation:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 15, 2020 | 6059167 | Series B | 6142142 | 7301118 | 8684611 | 2446786 |
Jan 18, 2018 | 9885502 | Series A | 4867394 | 8268897 | 1876147 | |
Jan 18, 2017 | 3889504 | Series A | 8298201 | 4656421 |
View details of Iris Automation's funding rounds and investors
Iris Automation's founders and board of directors
Founder? Claim ProfileThe founders of Iris Automation is Alexander Harmsen.
Here are the details of Iris Automation's key team members:
- Alexander Harmsen: Co-Founder & CEO of Iris Automation and founder of 4 other companies, including PortfolioPilot, Global Predictions and Global Predictions. Contact Info: 3 email addresses
View details of Iris Automation's Founder profiles and Board Members
Iris Automation's employee count trend
Iris Automation has 5 employees as of Jun 26. Here is Iris Automation's employee count trend over the years:
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Iris Automation's Competitors and alternates
Top competitors of Iris Automation include Daedalean, Stanhope AI and Wonder Robotics. Here is the list of Top 10 competitors of Iris Automation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Daedalean 2016, Zurich (Switzerland), Acquired | Developer of airborne systems for flight autonomy | $69.8M | 67/100 | |
2nd | Stanhope AI 2021, London (United Kingdom), Seed | Developer of active inference software for autonomous robotic decision systems | $10.9M | 52/100 | |
3rd | Iris Automation 2015, Reno (United States), Acquired | Provider of autonomous drone collision avoidance systems based on computer vision | $23.1M | 50/100 | |
4th | Wonder Robotics 2018, Hod Hasharon (Israel), Seed | Provider of software for drones to take off & land safely and autonomously | $4M | 49/100 | |
5th | Neurala 2006, Boston (United States), Series C | Developer of vision artificial intelligence software for industrial quality inspections | $33.1M | 46/100 | |
6th | NAR 2015, Wilmington (United States), Acquired | Acquire premium domains with flexible payment options and secure transactions | $30K | 42/100 | |
7th | Pilot AI Labs 2015, Sunnyvale (United States), Seed | Developer of deep learning solutions for always-on applications and edge AI | - | 40/100 | |
8th | Occam 2025, London (United Kingdom), Seed | Developer of computer vision autopilot for retrofit into FPV drones | $3.57M | 39/100 | |
9th | Beyless 2012, Seongnam-si (South Korea), Unfunded | Platform for autonomous flight drone | - | - | 39/100 |
10th | AutoModality 2014, San Rafael (United States), Acquired | Develops autonomous drones for asset inspections | $4.8M | 38/100 |
Looking for more details on Iris Automation's competitors? Click here to see the top ones
Iris Automation's Investments and acquisitions
Iris Automation has made no investments or acquisitions yet.
Reports related to Iris Automation
Here is the latest report on Iris Automation's sector:
News related to Iris Automation
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uAvionix and Iris Automation Partner for Low Altitude, Wide Area BVLOS OperationsUAS Vision•Sep 15, 2023•Iris Automation, uAvionix
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DroneUp and Iris Automation partner to provide airspace awareness for BVLOS deliveriesVerticalmag•May 06, 2023•Iris Automation, DroneUp
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Iris Automation granted third BVLOS waiver on behalf of the City of RenoVerticalmag•Dec 08, 2022•Iris Automation
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Overhead Intelligence and Iris Automation partner for magnetometer surveyVerticalmag•Jun 29, 2022•Overhead Intel, Iris Automation
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Iris Automation Launches Ground-based Surveillance System, Casia GAiThority•Apr 21, 2022•Iris Automation
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