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Iris - About the company

Iris is a seed company based in Westminster (United States), founded in 2024 by Drew Fallon, Alex Heckmann and Drew F. It operates as a Provider of an AI-powered platform for finance and accounting data services. Iris has raised $6.2M in funding from Glasswing Ventures. The company has 1768 active competitors, including 115 funded and 17 that have exited. Its top competitors include companies like Fireworks, Goodfire and Cartesia.

Company Details

Provider of an AI-powered platform for finance and accounting data services. The platform offers real-time financial insights and automated reporting for consumer brands. It features tools for contribution margin tracking, cash flow management, and cohort profitability analysis. The platform also provides benchmarking against peers using standardized financial metrics.
Email ID
*****@irisfinance.co
Key Metrics
Founded Year
2024
Location
Westminster, United States
Stage
Seed
Total Funding
$6.2M in 1 round
Latest Funding Round
Ranked
Employee Count
20 as on May 31, 2026
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Iris's funding and investors

Iris has raised a total funding of $6.2M over 1 round. Its latest funding round was a Seed round on Sep 16, 2025 for $*****. 6 investors participated in its latest round. Iris has 6 institutional investors.

Here is the list of recent funding rounds of Iris:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2025
1045612
Seed
3114575
7217542
2203445
3401353
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Iris' founders and board of directors

Founder? Claim Profile
The founders of Iris are Drew Fallon, Alex Heckmann and Drew F. Drew F is the CEO of Iris.
Here are the details of Iris' key team members:

Iris' employee count trend

Iris has 20 employees as of May 26. Here is Iris's employee count trend over the years:
Employee count trend for Iris
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Iris's Competitors and alternates

Top competitors of Iris include Fireworks, Goodfire and Cartesia. Here is the list of Top 10 competitors of Iris, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fireworks
Fireworks
2022, Redwood City (United States), Series D
Generative AI platform as a service for accelerating product innovation and disruption
$1.81B
72/100
2nd
Logo for Goodfire
Goodfire
2024, San Francisco (United States), Series B
Interpretability tooling for generative AI models
$209M
71/100
3rd
Logo for Cartesia
Cartesia
2023, San Francisco (United States), Series A
Provider of real-time text-to-speech API with AI laughter and emotion
$86M
67/100
4th
Logo for Bria
Bria
2020, Tel Aviv (Israel), Series B
Provider of licensed data-trained AI platform for visual content generation
$65M
66/100
5th
Logo for MiniMax
MiniMax
2022, Singapore (Singapore), Public
Developer of AI models for text, speech, video, and music generation
$1.15B
62/100
6th
Logo for Arcee.ai
Arcee.ai
2023, Miami (United States), Series A
Platform to train, and deploy language models
$29.5M
62/100
7th
Logo for Braintrust
Braintrust
2023, San Francisco (United States), Series B
Provider of an AI observability platform for building quality AI products
$121M
61/100
8th
Logo for Letta
Letta
1997, San Francisco (United States), Early Stage
Developer of a memory-first agent accessible through desktop and CLI
$10M
60/100
9th
Logo for Grok
Grok
2023, United States, Unfunded
AI-powered assistant for generating answers and creating documents
-
-
58/100
10th
Logo for Guide Labs
Guide Labs
2023, San Francisco (United States), Seed
Platform developing interpretable foundation models
$18.8M
58/100
95th
Logo for Iris
Iris
2024, Westminster (United States), Seed
Provider of an AI-powered platform for finance and accounting data services
$6.2M
36/100
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Iris's Investments and acquisitions

Iris has made no investments or acquisitions yet.

Reports related to Iris

Here is the latest report on Iris's sector:

News related to Iris

Media has covered Iris for 1 event in last 1 year.
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FAQs about Iris

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