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Iris Automation

company

About

Iris Automation is a safety avionics technology company pioneering on and off board perception systems for crewed and uncrewed aircraft

Details

Last Funding Type
Series Unknown
Industries
Computer Vision,Drones,Industrial,Robotics,Simulation,Software
Founded date
Jan 1, 2015
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Iris Automation Inc.
Also Known As
Iris

Iris Automation is a safety avionics technology company pioneering on- and off-board perception systems and aviation policy services that enable customers to build scalable flight operations for commercial crewed and uncrewed aircraft; unlocking the potential of countless industries.

Iris’ Casia system runs either onboard the aircraft or in a ground-based configuration, allowing them to fly safely with minimal human intervention. The company works closely with civil aviation authorities globally as they implement regulatory frameworks ensuring uncrewed aircraft flight beyond visual line of sight (BVLOS) is conducted safely, partnering on multiple FAA UAS Integration Pilot Programs, NASA's Unmanned Traffic Management program, and Transport Canada's BVLOS Technology Demonstration Program. Iris is recognized by AUVSI as the number one Technology and Innovation Leader for 2020.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$28M
Iris Automation has raised a total of $28M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2021 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2021 Funding Round $5M Detail
Dec 15, 2020 Series B $13M 5 Bessemer Venture Partners Detail
Oct 28, 2020 Series Unknown 1 Detail
Jun 1, 2020 Series Unknown Detail
Jan 18, 2018 Series A $8M 2 Bessemer Venture Partners Detail

Investments

Number of Investments
Number of Lead Investments
12
0
Iris Automation has made 12 investments. Their most recent investment was on Apr 26, 2022, when 0x raised $70M.
Date Company Name
Round Money Raised Industry Lead Investor
Apr 26, 2022 0x
Series B $70M Blockchain
Mar 8, 2022 Propel
Series B $50M Finance
Mar 1, 2022 Rupa Health
Series A $20M Fitness
Aug 27, 2021 Rupa Health
Seed $5.80M Fitness
Jul 1, 2021 Karat Financial
Series A $26M Content Creators

Investors

Number of Lead Investors
Number of Investors
3
20
Iris Automation is funded by 20 investors. Bessemer Venture Partners and Bee Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Bessemer Venture Partners Yes Series B
Bee Partners Series B
OCA Ventures Series B
Sony Innovation Fund Series B
Verizon Ventures Series B
GGV Capital Seed
Kevin Moore Seed
Liquid 2 Ventures Seed
Paul Buchheit Seed
Social Capital Seed

Employee Profiles

Number of Employee Profiles
13
Iris Automation has 13 current employee profiles, including Board member David Cowan
Board member
Board member
Executive
Executive
Board member