Iris - About the company
Iris is a seed company based in Brooklyn (United States), founded in 2023 by Sagee M and Ben Hills. It operates as an AI based RFP solution. Iris has raised $4.07M in funding from Florida Funders. The company has 62 active competitors, including 17 funded and 5 that have exited. Its top competitors include companies like Loopio, Responsive and Dasseti.
Company Details
AI powered deal desk platform. It enables businesses to streamline critical activities, such as RFPs and security questionnaires, by drafting high-quality responses. The platform uses generative AI to focus on high-value tasks, improving efficiency and reducing errors. By leveraging institutional knowledge, it helps businesses to win more deals and drive revenue growth.
- Website
- heyiris.ai
- Email ID
- *****@heyiris.ai
- Phone Number
- +1 **********
Key Metrics
Founded Year
2023
Location
Brooklyn, United States
Stage
Seed
Total Funding
$4.07M in 1 round
Latest Funding Round
Investors
Ranked
15th among 62 active competitors
Employee Count
43 as on Jun 30, 2026
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Iris's funding and investors
Iris has raised a total funding of $4.07M over 1 round. Its latest funding round was a Seed round on Jan 31, 2025 for $*****. 2 investors participated in its latest round. Iris has 2 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 |
|---|---|---|---|---|---|---|
Jan 31, 2025 | 7260925 | Seed | 3630783 | 9104524 | 7218932 | 2845452 |
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Iris' founders and board of directors
Founder? Claim ProfileHere are the details of Iris' key team members:
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Iris' employee count trend
Iris has 43 employees as of Jun 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 Loopio, Responsive and Dasseti. 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 | AI powered RFP software | $209M | 61/100 | ||
2nd |  Responsive 2015, Beaverton (United States), Series B | AI powered RFP lifecycle management software | $27M | 58/100 | |
3rd | Dasseti 2018, New York City (United States), Acquired | Due diligence software for investment industry professionals | $11.8M | 57/100 | |
4th |  OrbitShift 2022, Lewes (United States), Series A | Developer of an AI system for enterprise sales cycle management | $8.5M | 53/100 | |
5th | AutogenAI 2022, New York City (United States), Series B | Provider of an AI-powered platform for generating proposals and grant applications | $455M | 50/100 | |
6th | Provider of search engine and knowledge sharing for workplaces | $6.35M | 49/100 | ||
7th | Catapult 2016, Fort Mill (United States), Seed | Provider of RFP management platform | $1.72M | 46/100 | |
8th | Expedience Software 2015, Amherst (United States), Unfunded | Automated solutions for RFP response management | - | - | 45/100 |
9th | RFP360 2012, Kansas City (United States), Acquired | End-to-end RFP management solution | $12M | 45/100 | |
10th |  Inventive 2023, Mountain View (United States), Seed | RFP response platform for streamlining document import and draft generation | $4M | 42/100 | |
15th |  Iris 2023, Brooklyn (United States), Seed | AI based RFP solution | $4.07M | 36/100 |
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Iris's Investments and acquisitions
Iris has made no investments or acquisitions yet.
Reports related to Iris
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