What is Irys Insurtech?
Founded in 2021 and headquartered in Tampa, Florida, Irys Insurtech leverages artificial intelligence to innovate within the insurance industry. The company is positioned to address key challenges and opportunities in insurtech, aiming to enhance operational efficiencies and customer experiences through advanced AI solutions. Its focus on AI-driven strategies places it at the forefront of technological advancements in the insurance landscape.
How much funding has Irys Insurtech raised?
Irys Insurtech has raised a total of $16M across 2 funding rounds:
Angel/Pre-Seed
$3.5M
Seed
$12.5M
Angel/Pre-Seed (2023): $3.5M with participation from BrokerTech Ventures, MTech Capital, RevTech Labs, Cofounders Capital, and Markd
Seed (2025): $12.5M led by DeepWork Capital, HICO Ventures, and JMG Capital Management
Key Investors in Irys Insurtech
BrokerTech Ventures
BrokerTech Ventures is a global broker-led insurtech ecosystem focused on innovation and early-stage investments, providing startups with seed funding and direct access to industry stakeholders.
MTech Capital
MTech Capital is a venture capital firm specializing in early-stage insurtech and financial services companies, with a particular emphasis on AI-driven solutions to enhance customer experiences and productivity.
DeepWork Capital
DeepWork Capital, formerly FAN Fund, is a venture capital firm that invests in growth-oriented early-stage technology and life science companies, particularly in Florida and surrounding regions, often taking a lead or co-lead investor role.
What's next for Irys Insurtech?
The recent major strategic investment signals a pivotal phase for Irys Insurtech, likely enabling the company to accelerate product development, expand its market reach, and further integrate its AI capabilities into the insurance value chain. This capital infusion is expected to fuel innovation and solidify its competitive position, paving the way for broader adoption of its insurtech solutions.
See full Irys Insurtech company page
