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.
- Website
- www.irisfinance.co/
- 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
Investors
Ranked
95th among 1768 active competitors
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 |
View details of Iris's funding rounds and investors
Iris' founders and board of directors
Founder? Claim ProfileHere are the details of Iris' key team members:
- Drew Fallon: Founder of Iris. Contact Info: 1 email address
- Alex Heckmann: Co-Founder of Iris. Contact Info: 1 email address
- Drew F: Co-Founder & CEO of Iris. Contact Info: 1 email address
View details of Iris's Founder profiles and Board Members
Iris' employee count trend
Iris has 20 employees as of May 26. Here is Iris's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | Goodfire 2024, San Francisco (United States), Series B | Interpretability tooling for generative AI models | $209M | 71/100 | |
3rd | 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 | Provider of licensed data-trained AI platform for visual content generation | $65M | 66/100 | ||
5th | Developer of AI models for text, speech, video, and music generation | $1.15B | 62/100 | ||
6th | Arcee.ai 2023, Miami (United States), Series A | Platform to train, and deploy language models | $29.5M | 62/100 | |
7th | Braintrust 2023, San Francisco (United States), Series B | Provider of an AI observability platform for building quality AI products | $121M | 61/100 | |
8th | Letta 1997, San Francisco (United States), Early Stage | Developer of a memory-first agent accessible through desktop and CLI | $10M | 60/100 | |
9th | Grok 2023, United States, Unfunded | AI-powered assistant for generating answers and creating documents | - | - | 58/100 |
10th | Guide Labs 2023, San Francisco (United States), Seed | Platform developing interpretable foundation models | $18.8M | 58/100 | |
95th | 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.
•
Iris Finance Secures $6.2M Seed Funding to Boost AI CFO for CPG Brandsbeautyindependent.com•Sep 16, 2025•Glasswing Ventures, Hyde Park Venture Partners, Founder Collective, Iris and 1 other
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