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Iris Capital company logo
Venture Capital
iriscapital.com

Investments

226

Portfolio Exits

62

Funds

7

Partners & Customers

3

About Iris Capital

Iris Capital is a pan-European venture and development capital company specializing in media, communications, and information technology. Since its inception in the mid-eighties, the Paris-based Iris Capital team has managed investments in more than 200 companies located in 20 countries, and has generated more than 150 full exits. Iris Capital targets opportunities in high-growth technology or services companies across various investment stages, and provides active support to its portfolio companies related to its specialization and its experience.

Headquarters Location

62, rue Pierre Charron

Paris, 75008,

France

+33 (0) 1 45 62 73 73

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Latest Iris Capital News

Developer blasts 'disgusting' vandalism as residents cry foul

Sep 24, 2023

Copy Newcastle's inner-city residents group says Iris Capital and City of Newcastle are allowing "unchecked vandalism" of a heritage conservation area earmarked for the final stages of the EastEnd development. Newcastle Inner City Residents Alliance has written to councillors urging them to "stand up for the public's interest when it concerns protecting Newcastle's unique legacy of heritage buildings". Most of the structures in question, including one considered by the National Trust to be "by far" the oldest timber building in Newcastle, were approved for demolition in April but remain standing five months later. Lord mayor Nuatali Nelmes said at the time that "action is progressing on the demolition of the non-heritage buildings so the site can be adequately contained" after police and Iris raised concerns about public safety at the site. The buildings are in the council's City Centre Heritage Conservation Area but are not on the state heritage register. The Newcastle Herald visited the redevelopment site on Sunday and found at least four open doors leading into derelict and vandalised buildings. View +18 Photos Five children were playing in two of the buildings, walking through broken glass, old mattresses, graffiti and piles of rubbish. "Many inner-city residents and businesses are astonished at the apparent lack of concern ... by property developer Iris Capital and the City of Newcastle to intervene to help stop the damage and degradation of our city's historic legacy," the NICRA letter says. "The buildings are targeted by vandals and roaming gangs who have also intimidated and harassed local businesses. "Those bad players have damaged and defaced significant heritage buildings, including the impressive 1908 Municipal Building (not planned for demolition), adjacent to the 1970s Hunter Village shopping centre. "Other targets include Blackall House in Newcomen Street (seems secure at present) and arguably Newcastle's oldest timber building still standing, at 74 King Street opposite the Newcastle Club." An Iris spokesperson condemned the vandalism and said the company would start demolition before the end of the year. "It's disgusting the vandalism which is occurring, and why parents are not better educating their children not to trespass and disrespect other people's properties," the spokesperson said. "Demolition is a work in progress. Given the size of the site it's a major demolition scope and these take time. "We are currently addressing the relevant council conditions of consent and service authority disconnection approvals. It's not a fast process." NICRA spokesperson Brian Ladd said in the letter to councillors that someone had tried to burn down the timber building in King Street. He said Iris had tried to secure the redevelopment site with locks, chains and timber hoardings but "appear to have abandoned" these attempts. "On any given day of the week it is easy to find one of the doors ajar, and in recent days vandals have broken through protective hoarding at 74 King Street, leaving the door facing King Street open." The Newcastle Club, which has spoken out publicly against the development due to its heritage and view impacts, recently engaged heritage architect Paul Davies to assess the 1860s building at 74 King Street. Mr Davies concluded the developer's heritage consultant, City Plan, had erred in assessing the building and broader redevelopment site as having little heritage significance. "The building has at least contributory significance (as set out in the LEP heritage listing) and is very likely to have high or even exceptional significance," he found. Mr Ladd said it would be a "heritage loss" for the city if fire seriously damaged the Municipal Building. "NICRA fears that the CoN might approve a badly damaged Municipal Building for demolition. This must not occur," he wrote in his letter to councillors. Iris has lodged a development application for the final stages of the EastEnd development in an area bounded by Hunter, King, Newcomen and Thorn streets. The National Trust raised questions in July about how the council had approved several buildings in the redevelopment zone for demolition. Share

Iris Capital Investments

226 Investments

Iris Capital has made 226 investments. Their latest investment was in Cohort as part of their Seed VC on February 2, 2023.

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Iris Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/1/2023

Seed VC

Cohort

$3.51M

Yes

2

6/28/2022

Series A

Spinergie

$11.58M

Yes

2

1/17/2022

Series D

Exotec

$335M

No

46

10/6/2021

Series D

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$99M

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10

9/16/2021

Series A

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$99M

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10

Date

2/1/2023

6/28/2022

1/17/2022

10/6/2021

9/16/2021

Round

Seed VC

Series A

Series D

Series D

Series A

Company

Cohort

Spinergie

Exotec

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Amount

$3.51M

$11.58M

$335M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

2

2

46

10

10

Iris Capital Portfolio Exits

62 Portfolio Exits

Iris Capital has 62 portfolio exits. Their latest portfolio exit was LeanIX on September 07, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/7/2023

Acquired

$99M

5

7/31/2023

Acquired

$99M

1

7/12/2023

Acquired

$99M

2

2/7/2023

Acquired

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$99M

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10

1/13/2023

Acquired

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$99M

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10

Date

9/7/2023

7/31/2023

7/12/2023

2/7/2023

1/13/2023

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

5

1

2

10

10

Iris Capital Acquisitions

4 Acquisitions

Iris Capital acquired 4 companies. Their latest acquisition was Jedox on January 12, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/12/2021

Other Venture Capital

$99M

$27.77M

Acq - Fin

19

6/1/2009

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$99M

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10

4/3/2007

Other Venture Capital

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$99M

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10

1/1/2003

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$99M

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10

Date

1/12/2021

6/1/2009

4/3/2007

1/1/2003

Investment Stage

Other Venture Capital

Other Venture Capital

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$27.77M

Note

Acq - Fin

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Sources

19

10

10

10

Iris Capital Fund History

7 Fund Histories

Iris Capital has 7 funds, including IrisNext.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/21/2017

IrisNext

Multi-Stage Venture Capital

Open

$279M

2

4/30/2012

Iris Capital Fund III

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$99M

10

4/1/2012

OP Ventures Global

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$99M

10

7/31/2011

STC Ventures

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$99M

10

6/2/2005

Iris Capital Fund II

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$99M

10

Closing Date

6/21/2017

4/30/2012

4/1/2012

7/31/2011

6/2/2005

Fund

IrisNext

Iris Capital Fund III

OP Ventures Global

STC Ventures

Iris Capital Fund II

Fund Type

Multi-Stage Venture Capital

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Status

Open

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Amount

$279M

$99M

$99M

$99M

$99M

Sources

2

10

10

10

10

Iris Capital Partners & Customers

3 Partners and customers

Iris Capital has 3 strategic partners and customers. Iris Capital recently partnered with Bridgestone on January 1, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

1/16/2019

Partner

Japan

Bridgestone EMEA and Iris Capital announce a corporate venture partnership - News - Iris Capital

Commented Paolo Ferrari President and CEO of Bridgestone and Executive Vice President of the Bridgestone , `` This corporate venture partnership with Iris Capital will allow us to accelerate our strategy while supporting start-ups and exploring new and disruptive models in the mobility eco-system '' .

2

2/7/2015

Partner

France

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10

3/14/2013

Partner

Germany

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10

Date

1/16/2019

2/7/2015

3/14/2013

Type

Partner

Partner

Partner

Business Partner

Country

Japan

France

Germany

News Snippet

Bridgestone EMEA and Iris Capital announce a corporate venture partnership - News - Iris Capital

Commented Paolo Ferrari President and CEO of Bridgestone and Executive Vice President of the Bridgestone , `` This corporate venture partnership with Iris Capital will allow us to accelerate our strategy while supporting start-ups and exploring new and disruptive models in the mobility eco-system '' .

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Sources

2

10

10

Iris Capital Team

10 Team Members

Iris Capital has 10 team members, including current Chief Financial Officer, Guy Canali.

Name

Work History

Title

Status

Guy Canali

Chief Financial Officer

Current

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Name

Guy Canali

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Work History

Title

Chief Financial Officer

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Status

Current

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