Iris Automation - About the company
Iris Automation is an acquired company based in Reno (United States), founded in 2015 by James Howard and 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 73 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Daedalean, PIXEVIA and Neurala.
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 73 active competitors
Employee Count
5 as on Mar 31, 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 15 institutional investors and 2 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 | 4548412 | Series B | 6132952 | 6820201 | 8393120 | 5034898 |
Jan 18, 2018 | 3510876 | Series A | 9460100 | 9086803 | 8105956 | |
Jan 18, 2017 | 7235464 | Series A | 5513204 | 3568705 |
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 are James Howard and Alexander Harmsen.
Here are the details of Iris Automation's key team members:
- James Howard: Co-Founder & CTO of Iris Automation and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Alexander Harmsen: Co-Founder & CEO of Iris Automation and founder of 3 other companies, Global Predictions, Global Predictions and Iris Automation. Contact Info: 2 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 Mar 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, PIXEVIA and Neurala. 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 | 65/100 | |
2nd | Provider of store automation and analytics solutions for offline retailers | $3.29M | 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 | Neurala 2006, Cambridge (United States), Series C | Provider of AI-based software for inspections using vision solutions | $33.1M | 42/100 | |
5th | Wonder Robotics 2018, Hod Hasharon (Israel), Seed | Provider of software for drones to take off & land safely and autonomously | $4M | 40/100 | |
6th | Converge 2015, San Francisco (United States), Seed | Provider of AI-powered software for commercial drones | $1.27M | 39/100 | |
7th | Pilot AI Labs 2015, Sunnyvale (United States), Seed | Edge AI solutions provider: deep learning models, processors, and sensor technology | - | 37/100 | |
8th | Provider of a cloud-based autonomous multi-drone operation platform | - | 36/100 | ||
9th | AutoModality 2014, San Rafael (United States), Acquired | Develops autonomous drones for asset inspections | $4.8M | 35/100 | |
10th | Beyless 2012, Seongnam-si (South Korea), Unfunded | Platform for autonomous flight drone | - | - | 35/100 |
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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Iris Automation Launches Ground-based Surveillance System, Casia GAiThority•Apr 21, 2022•Iris Automation
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