Iris Capital
 | |
| Industry | Venture capital |
|---|---|
| Founded | 1986 |
| Headquarters | Paris, France |
Number of locations | 7 (Paris, San Francisco, Berlin, Munich, Tel Aviv, Tokyo, Dubai) |
| Total assets | €900 million+ |
| Website | www |
Iris Capital is a venture capital firm, specialized in the digital economy, primarily active in Europe. Since its creation, the Iris Capital team has invested more than a billion Euros in over 230 innovative companies.[1] Iris Capital is sponsored by Orange and Publicis since 2012.[2]
Overview[edit]
Created in 1986, within the Caisse des Dépôts, the team was spun off in 2003 and became Iris Capital.[3] Investing internationally since 1991, Iris Capital has always held a sector-specific strategy covering media, telecommunications, information technology and Internet services, which have converged into today's digital economy.[4]
In 2012, Iris Capital entered into a partnership with Orange and Publicis who chose it as manager of their joint multi-corporate venture fund initiative dedicated to the digital economy.[5] In 2017, the multi-corporate venture fund extended its model and welcomed new partners, BRED/Banque Populaire and Valeo,[6] joined in 2019 by Bridgestone.[7]
Geographical reach[edit]
Iris Capital has invested in over 20 countries (of which 18 in Europe) and is mainly active in continental Europe, with a core activity in France, Germany, Benelux and Switzerland. Iris Capital acts as lead investor or in some circumstances as value-added co-investor.[8] Moreover, Iris Capital in the Middle East is the fund manager of STC Ventures, the corporate venture fund of Saudi Arabian telecom operator, STC.[9] Iris Capital is based in Paris and has offices in San Francisco, Berlin, Munich, Tel Aviv, Tokyo, and Dubai.[10]
Portfolio[edit]
Current Portfolio[edit]
Among Iris Capital's recent portfolio companies are the following:
- Adjust – Germany: Attribution and analytics for apps[11]
- Adomik – France: Yield management of programmatic ad inventory[12]
- Getsafe – Germany: App to manage insurance on smartphones[13]
- iAdvize – France: Conversational commerce platform[14]
- Kyriba – France/US: treasury solutions in the cloud[15]
- Lookout – US: mobile security[16]
- PlaceIQ – US: Location intelligence services[17]
- Quantifind – US[18]
- ReBuy – Germany: Online commerce[19]
- Scality – France/US: Storage management and infrastructure software[20]
- Searchmetrics – Germany: SEO software[21]
- Secret Double Octopus – Israel: Password-free authentication[22]
- Shift Technology – France: Fraud detection software in insurance[23]
- Studitemps – Germany: Temp workers[24]
- Yodo1 – China[25]
Past Portfolio Investments[edit]
Past portfolio companies Iris Capital has backed[citation needed]:
- Instant Luxe – France (acquired by Galeries Lafayette)
- ProWebCE – France (acquired by Edenred)
- Mister Auto – France (acquired by PSA Peugeot Citroën)
- MoPub – France (acquired by Twitter)
- Alphanim – France (acquired by Gaumont)
- Cirpack – France (acquired by Thomson/Technicolor)
- Careem – Dubai (acquired by Uber)
- Cobi – Germany (acquired by Bosch)
- Computec – Germany (acquired by Marquard Media)
- Erenis – France (acquired by Neuf Cegetel/SFR)
- FastBooking – France (acquired by 3i and EDRIP)
- Gengo – France (acquired by Lionbridge)
- Human Inference – Pays-Bas (acquired by Neopost)
- Instant Luxe – France (acquired by Galeries Lafayette)
- Kiala – Belgium (acquired by UPS)
- Let It Wave – France (acquired by Zoran)
- Mailjet – France (acquired by Mailgun)
- Marco Vasco – France (acquired by Groupe Figaro)
- Mister-auto – France (acquired by PSA)
- Mopub – US (acquired by Twitter)
- Netatmo – France (acquired by Legrand)
- Oodrive – France (acquired by R Capital Management)
- OpenTrust – France (acquired by Keynectis)
- Phone.com – US (listed on NASDAQ – now Openwave)
- QSC – Germany (listed on TecDAX)
- Store Electronic System – France (acquired by LBO France)
- Talend – France (IPO (Nasdaq))
- Vox Mobili – France (acquired by On Mobile)
- Wavecom – France (listed on NASDAQ and Euronext, acquired by Sierra Wireless)
- Zantaz – US (acquired by Autonomy)
References[edit]
- ^ Investment vehicle description of Iris Capital Fund III
- ^ Another European Carrier Goes VC: Orange Partners With Publicis, Iris In $400M Fund
- ^ Partcom lève 100 millions et devient Iris Capital
- ^ "Iris Capital is a European #VC firm fueling #entrepreneurs in Europe and far beyond since 1986". Societe.tech. 2020-06-09.
- ^ "IrisNext éclot avec 500 M€ en ligne de mire". Capital Finance (in French). 2015-11-02. Retrieved 2022-05-17.
- ^ Ohr, Thomas (2017-06-21). "Iris Capital announces new €250 million VC fund IrisNext to invest in European startups". EU-Startups. Retrieved 2022-05-17.
- ^ Loye, Deborah (2019-01-17). "Bridgestone va investir en Europe à travers Iris Capital". Les Echos Executives (in French). Retrieved 2022-05-17.
- ^ VC firm Iris Capital in ambitious expansion plans
- ^ "Iris Capital manages STC Ventures, the newly-established Saudi Telecom Group venture fund". Archived from the original on 2014-05-12. Retrieved 2013-02-21.
- ^ "Iris Capital locations". Iris Capital. Retrieved 2022-06-02.
- ^ Berlin’s Adjust app analytics firm raises $7.6M as it expands overseas
- ^ Sell-Side Solutions Provider Adomik Raises 1.3 Million Euroes
- ^ GetSafe Digital Insurance Manager
- ^ iAdvize Grabs $16 Million For Its Customer Engagement Platform
- ^ Kyriba Raises $10.6M in Growth Financing from Iris Capital and existing investor BRED
- ^ Iris Capital invests in Lookout
- ^ Location-Focused Ad Startup PlaceIQ Raises $15M More
- ^ Quantifind Raises $12M To Translate Social Media Data Into Sales
- ^ Iris Capital led a funding round for reBuy reCommerce GmbH.
- ^ Scality Closes $45 Million Series D Funding to Transform the Storage Industry with Software-Based Storage Solution
- ^ Searchmetrics raises $6.75 million C-round financing to expand globally
- ^ Secret Double Octopus Raises $6 Million to Protect Identity and Data Using Nuclear Launch Code Safety Algorithms
- ^ Technology grabs $10 million to prevent fraudulent insurance claims
- ^ Searchmetrics raises $6.75 million C-round financing to expand globally
- ^ Cross-Cultural Mobile Games Publisher Yodo1 Raises $11M Led By GGV Capital