Iris Capital Explained
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
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
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
Current Portfolio
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
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)
External links
Notes and References
- http://www.cdcentreprises.fr/portefeuille/fiche/fonds_directs/A321/iris%20capital%20fund%20iii.php Investment vehicle description of Iris Capital Fund III
- https://techcrunch.com/2012/03/12/another-european-carrier-goes-vc-orange-partners-with-publicis-iris-in-400m-fund/ Another European Carrier Goes VC: Orange Partners With Publicis, Iris In $400M Fund
- http://www.01net.com/editorial/226757/partcom-leve-100-millions-et-devient-iris-capital/ Partcom lève 100 millions et devient Iris Capital
- Web site: Iris Capital is a European #VC firm fueling #entrepreneurs in Europe and far beyond since 1986. Societe.tech. 2020-06-09.
- Web site: 2015-11-02 . IrisNext éclot avec 500 M€ en ligne de mire . 2022-05-17 . Capital Finance . fr.
- Web site: Ohr . Thomas . 2017-06-21 . Iris Capital announces new €250 million VC fund IrisNext to invest in European startups . 2022-05-17 . EU-Startups . en-US.
- Web site: Loye . Deborah . 2019-01-17 . Bridgestone va investir en Europe à travers Iris Capital . 2022-05-17 . Les Echos Executives . fr.
- http://www.investmenteurope.net/investment-europe/news/2228391/vc-firm-iris-capital-in-ambitious-expansion-plans VC firm Iris Capital in ambitious expansion plans
- Web site: Iris Capital manages STC Ventures, the newly-established Saudi Telecom Group venture fund . 2013-02-21 . https://web.archive.org/web/20140512221116/http://www.iriscapital.com/en/content/iris-capital-manages-stc-ventures-newly-established-saudi-telecom-group-venture-fund . 2014-05-12 . dead .
- Web site: Iris Capital locations . Iris Capital . 2022-06-02.
- https://venturebeat.com/2014/09/08/berlins-adjust-app-analytics-firm-raises-7-6m-as-it-expands-overseas Berlin’s Adjust app analytics firm raises $7.6M as it expands overseas
- http://www.mediapost.com/publications/article/200567/sell-side-solutions-provider-adomik-raises-eur13.html Sell-Side Solutions Provider Adomik Raises 1.3 Million Euroes
- http://www.the-digital-insurer.com/dia/getsafe-digital-insurance-manager/ GetSafe Digital Insurance Manager
- https://techcrunch.com/2015/09/21/iadvize-grabs-16-million-for-its-customer-engagement-platform/ iAdvize Grabs $16 Million For Its Customer Engagement Platform
- http://www.kyriba.com/company/press-room/kyriba-raises-106m-growth-financing-iris-capital-and-existing-investor-bred Kyriba Raises $10.6M in Growth Financing from Iris Capital and existing investor BRED
- http://www.privateequitywire.co.uk/2012/12/05/177136/iris-capital-invests-lookout Iris Capital invests in Lookout
- https://techcrunch.com/2014/02/10/placeiq-series-c/ Location-Focused Ad Startup PlaceIQ Raises $15M More
- https://techcrunch.com/2014/07/22/quantifind-funding/ Quantifind Raises $12M To Translate Social Media Data Into Sales
- http://www.palico.com/articles/iris-capital-led-a-funding-round-for-rebuy-recommerce-gmbh/a2af3e14a68d4019af59676478b7307c Iris Capital led a funding round for reBuy reCommerce GmbH.
- http://www.scality.com/about-us/press/scality-closes-45-million-dollar-series-d-funding/ Scality Closes $45 Million Series D Funding to Transform the Storage Industry with Software-Based Storage Solution
- Web site: Butcher . Mike . 2011-01-11 . Searchmetrics raises $6.75 million C-round financing to expand globally . 2024-07-11 . TechCrunch . en-US.
- http://www.prnewswire.com/news-releases/secret-double-octopus-raises-6-million-to-protect-identity-and-data-using-nuclear-launch-code-safety-algorithms-611639245.html Secret Double Octopus Raises $6 Million to Protect Identity and Data Using Nuclear Launch Code Safety Algorithms
- https://techcrunch.com/2016/05/18/shift-technology-grabs-10-million-to-prevent-fraudulent-insurance-claims/Shift Technology grabs $10 million to prevent fraudulent insurance claims
- http://theheureka.com/20150610-studitemps Searchmetrics raises $6.75 million C-round financing to expand globally
- https://techcrunch.com/2013/12/10/yodo1-2/ Cross-Cultural Mobile Games Publisher Yodo1 Raises $11M Led By GGV Capital