# iRiS Software Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iris-software-systems

- Industry: Software
- Headquarters: London, UK
- Website: www.iris.net
- Total disclosed funding: $8.6M
- Latest round: Series A (Sep 5, 2016)
- Investors on record: 1

## About

iRiS Software Systems Ltd. specializes in innovative software solutions designed to enhance guest experiences in the hospitality sector, improving operational efficiency for hotels and their patrons.Founded in 2006, iRiS Software Systems Ltd. operates from London, UK, providing technology solutions tailored for the hospitality industry. The company received investment in a Series A funding round led by JMI Equity in September 2016, raising GBP 6.5 million. The founder’s prior entrepreneurial history is not documented, and the company does not have known subsidiaries or parent companies.IRIS® offers a comprehensive suite of revenue-boosting guest experience software tailored for the hospitality industry, focusing on enhancing the operational efficiency of hotels and their guests. Its core offerings include mobile food and beverage ordering, a digital guest directory, and a mobile concierge service, each designed to streamline guest interactions and improve service delivery. The food and beverage ordering solution allows guests to place orders directly from their devices, providing options such as eat-in, take-out, room service, and delivery to various locations within the hotel. The digital guest directory serves as an interactive platform for guests to access information and services conveniently, while the mobile concierge facilitates personalized guest requests via QR code access. These services are positioned to address the evolving needs of modern travelers seeking seamless experiences in regions such as North America, Europe, and Asia-Pacific.In the most recent year, 2019, iRiS Software Systems Ltd. reported revenue of GBP 3,105,310.50, with an EBITDA of GBP -3,482,457.30, reflecting the company’s operational financial performance.Following the GBP 6.5 million Series A funding led by JMI Equity in September 2016, iRiS Software Systems Ltd. plans to enhance its product offerings and expand into new geographic markets. The funding will be allocated towards developing new features for their existing software solutions and exploring market entry into additional regions within Europe and Asia-Pacific by the end of 2022. This strategic direction aims to strengthen the company’s position in the hospitality software sector and cater to a broader client base.

## Funding rounds

- Series A, Sep 5, 2016, $8.6M — JMI Equity

## Investors

- JMI Equity (https://capitalatlas.ai/funds/jmi-equity) — Series A