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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.
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Email ID
*****@irisautomation.ca
Key Metrics
Founded Year
2015
Location
Stage
Acquired
Total Funding
$23.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
5 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by uAvionix (Oct 24, 2023)

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:lockFilter this list
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
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Iris Automation's founders and board of directors

Founder? Claim Profile
The founders of Iris Automation is Alexander Harmsen.
Here are the details of Iris Automation's key team 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:
Employee count trend for Iris Automation
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Daedalean
Daedalean
2016, Zurich (Switzerland), Acquired
Developer of airborne systems for flight autonomy
$69.8M
67/100
2nd
Logo for Stanhope AI
Stanhope AI
2021, London (United Kingdom), Seed
Developer of active inference software for autonomous robotic decision systems
$10.9M
52/100
3rd
Logo for Iris Automation
Iris Automation
2015, Reno (United States), Acquired
Provider of autonomous drone collision avoidance systems based on computer vision
$23.1M
50/100
4th
Logo for Wonder Robotics
Wonder Robotics
2018, Hod Hasharon (Israel), Seed
Provider of software for drones to take off & land safely and autonomously
$4M
49/100
5th
Logo for Neurala
Neurala
2006, Boston (United States), Series C
Developer of vision artificial intelligence software for industrial quality inspections
$33.1M
46/100
6th
Logo for NAR
NAR
2015, Wilmington (United States), Acquired
Acquire premium domains with flexible payment options and secure transactions
$30K
42/100
7th
Logo for Pilot AI Labs
Pilot AI Labs
2015, Sunnyvale (United States), Seed
Developer of deep learning solutions for always-on applications and edge AI
-
40/100
8th
Logo for Occam
Occam
2025, London (United Kingdom), Seed
Developer of computer vision autopilot for retrofit into FPV drones
$3.57M
39/100
9th
Logo for Beyless
Beyless
2012, Seongnam-si (South Korea), Unfunded
Platform for autonomous flight drone
-
-
39/100
10th
Logo for AutoModality
AutoModality
2014, San Rafael (United States), Acquired
Develops autonomous drones for asset inspections
$4.8M
38/100
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Iris Automation's Investments and acquisitions

Iris Automation has made no investments or acquisitions yet.

Reports related to Iris Automation

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News related to Iris Automation

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