# Irys

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/irys

- Industry: Software
- Headquarters: San Antonio, US
- Website: www.heyirys.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Jul 22, 2020)
- Investors on record: 3

## About

Irys Inc. is a technology company focused on enhancing military personnel management through innovative software solutions that streamline processes and improve operational efficiency for military organizations.Founded in 2014 in San Antonio, US, Irys Inc. specializes in military personnel management solutions. The company has engaged in four deals, with its most recent funding round—a Seed round—raising USD 1.2 mn led by Good Growth Capital in 2025. Irys was established by founders Alberto Isassi and Eduardo Bravo, both of whom bring prior entrepreneurial experience to the firm.Irys specializes in providing innovative solutions designed to enhance military personnel management, leveraging advanced technology to streamline processes and improve efficiency. The company's core offerings include sophisticated software platforms that facilitate the management of military personnel records, training programs, and deployment logistics. Irys serves a diverse client base that includes government agencies, defense contractors, and military organizations across North America and Europe, focusing on delivering tailored solutions that meet the specific needs of each customer.Irys generates revenue through B2B transactions, primarily by providing subscription-based access to its software solutions for military personnel management. Clients engage in multi-year contracts, allowing organizations to integrate Irys's products into their operations. The pricing structure includes tiered subscription plans based on deployment scale and user numbers, ensuring flexibility for clients. Flagship products may have distinct pricing tiers that reflect the complexity of the solutions offered, and Irys partners with defense contractors to extend its market reach, enhancing revenue potential through collaborative ventures.Irys Inc. is set for expansion following its recent acquisition by LocationMind Co., Ltd. in May 2024, which aims to launch a new business area focused on location-based advertising and marketing by April 2025. The acquisition is anticipated to enable rapid growth into new markets, utilizing the latest funding of USD 1.2 mn to support product development and market entry initiatives.

## Funding rounds

- Seed, Jul 22, 2020, $1.2M — Techstars, Good Growth Capital, City Rise Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Good Growth Capital (https://capitalatlas.ai/funds/good-growth-capital) — Seed
- City Rise Ventures — Seed