 | |
| Industry | Venture capital |
|---|---|
| Founded | 1986; 39 years ago (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. Iris Capital is sponsored by Orange and Publicis since 2012.
Overview
Created in 1986, within the Caisse des Dépôts, the team was spun off in 2003 and became Iris Capital. 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.
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. In 2017, the multi-corporate venture fund extended its model and welcomed new partners, BRED/Banque Populaire and Valeo, joined in 2019 by Bridgestone.
Geographical reach
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. Moreover, Iris Capital in the Middle East is the fund manager of STC Ventures, the corporate venture fund of Saudi Arabian telecom operator, STC. Iris Capital is based in Paris and has offices in San Francisco, Berlin, Munich, Tel Aviv, Tokyo, and Dubai.
Portfolio
Current Portfolio
Among Iris Capital's recent portfolio companies are the following:
- Adjust – Germany: Attribution and analytics for apps
- Adomik – France: Yield management of programmatic ad inventory
- Getsafe – Germany: App to manage insurance on smartphones
- iAdvize – France: Conversational commerce platform
- Kyriba – France/US: treasury solutions in the cloud
- Lookout – US: mobile security
- PlaceIQ – US: Location intelligence services
- Quantifind – US
- ReBuy – Germany: Online commerce
- Scality – France/US: Storage management and infrastructure software
- Searchmetrics – Germany: SEO software
- Secret Double Octopus – Israel: Password-free authentication
- Shift Technology – France: Fraud detection software in insurance
- Studitemps – Germany: Temp workers
- Yodo1 – China
Past Portfolio Investments
Past portfolio companies Iris Capital has backed:
- 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
- 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
- Butcher, Mike (2011-01-11). "Searchmetrics raises $6.75 million C-round financing to expand globally". TechCrunch. Retrieved 2024-07-11.
- 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