Iris

What Are Your Friends Investing In?

Company Information

Website:

https://beta.iris.finance/

Sector:

Mobile Software & Services

Location:

Santa Monica, CA

The stock market can be intimidating. Iris enables you to conquer it with friends.

It’s created a mobile-investing platform that lets users invest with friends and family. Users connect their brokerage accounts — integrations include Fidelity, TD Ameritrade, and Robinhood — and share real-time trades and portfolios.

Simply put, Iris brings the social benefits of Instagram, Twitter, and Facebook to the investment world.

Since launching in September 2020, it's attracted 47,000 users. And it's raised capital from investors including Path Ventures and Incline Venture Capital.

Team Background

Aditya Lingampally - Co-Founder & COO
Brian Schardt - Co-Founder & CEO

Co-Investors

Incline Venture Capital

A VC firm investing in early-stage startups.

Path Ventures

A VC firm investing in early-stage startups.

Raising
$1.07 million
Committed
$684K (64%)
Current Valuation
$20 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $45K
    2021-06-08
    Unknown
    (SAFE)
  • $100K
    2020-12-07
    Unknown
    (SAFE)
  • $559K
    2020-10-09
    Unknown
    (SAFE)
Notable Investors
  • Incline Venture Capital
  • Path Ventures
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