Irys Insurtech Bags $12.5 Million Funding
Summary
Irys raised $12.5 million in a seed round led by Markd, with support from several other investors. The company focuses on rebuilding insurance infrastructure from the ground up. It plans to use the new capital to expand engineering, speed up implementation, and grow distribution partnerships across the U.S. and Canada. The raise signals continued investor interest in insurance software infrastructure and insurtech platforms.
Funding
Amount
$12.5M
Total raised
Date
October 13, 2025
Announcement date
Investors
Florida Opportunity Fund, Deepwork Capital, Ansay & Associates, JMG Capital Management
Lead investors
Company
irys.com
Funded company
Classifications
industries
InsurTech
applications
No applications detected
AskAI Classifications
Labels
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