The Venture Codex

Participated · Seed · Oct 2025

Irys Insurtech provides a core insurance operating platform that unifies financials, operations, sales, and client data in real time while communicating across third-party tools and between AIs. The system enables automation that can significantly expand a service representative’s book of business, aiming to scale capacity and profitability without adding headcount. Today, the company supports several top brokerages and MGAs that together manage nearly $1 billion in active written premium. Headquartered in Tampa, Florida, Irys plans to use new capital to grow its engineering and customer-success teams and to deepen distribution partnerships across the U.S. and Canada. The roadmap includes rolling out AI-driven modules for accounting, analytics, and submission management in early 2026. By offering a decentralized backend, open APIs, and agentic-AI facilitation, Irys positions itself as the operational hub for modern insurance enterprises.