Iris.ai logo — Connect. Orchestrate. Evaluate. Deploy. Repeat.

Iris.ai

Connect. Orchestrate. Evaluate. Deploy. Repeat.

Founded 2015 Norway Norway 37 employees Series A Total: $41.99M AI, Information Technology +1

General Information

Company Name Iris.ai
Founded Year 2015
Location Norway Norway
Founders / Decision Makers
Team member
Employees 37
Industries AI, Information Technology, Machine Learning
Funding Stage Series A
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Iris.ai

Iris.ai, founded in 2015 and headquartered in Norway, stands as a transformative player in the AI, Information Technology, and Machine Learning industries. Their slogan, "Connect. Orchestrate. Evaluate. Deploy. Repeat.", encapsulates their core mission of advancing AI infrastructure.

The company specializes in building secure, high-performance Agentic RAG systems tailored for innovation teams, AI platform leads, and R&D departments. Iris.ai moves beyond prototypes, offering modular tools like Neuralith, Axion, and RSpace™ that transform unstructured data into actionable knowledge. Their solutions are trusted by giants such as ArcelorMittal, L’Oréal, and USDA, showcasing significant operational impact with a 35%+ reduction in LLM usage costs and up to 80% acceleration in AI go-to-market strategies.

Recently, Iris.ai secured a €7.64M Series A investment on 29 May 2024 from investors including Silverline Capital and EIC Accelerator. Backed by the European Innovation Council and a decade of deep-tech research, the company is poised to help enterprises leverage AI securely and at scale.

Business keywords: AI Development Platform, Agentic RAG Systems, Data Orchestration, LLM Evaluation, Privacy-by-Design Architecture, ISO27001-Certified Infrastructure, Neuralith, Axion, RSpace, AI Go-to-Market Acceleration, AI Security, Natural Language Processing, R&D Automation, Knowledge Transformation, Enterprise AI

Services & Products

AI Solutions for Enterprises
Agentic RAG-as-a-Service
AI Development and Operation Platform
Custom AI Agent Co-Creation
Performance Monitoring and Governance

Target Customers

Manufacturing Companies Public Sector Organizations Telecommunications Companies Innovation-driven Enterprises

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €7.64M 2
Silverline Capital, EIC Accelerator
29 May 2024
Grant €2.40M 1
European Innovation Council
11 Jan 2023
Venture Round €12.00M 1
European Innovation Council
11 Jan 2023
Venture Round kr8.00M 1
Farvatn Venture
01 Sep 2020
Grant kr9.00M -
01 May 2020
Grant €500.00K -
01 Oct 2019
Grant €71.43K 1
EASME - EU Executive Agency for SMEs
01 Nov 2018
Seed Round $2.00M 3
Nordic Impact, The Index Project +1
01 Dec 2017
Seed Round Undisclosed 1
Founders Factory
03 Apr 2017
Pre Seed Round Undisclosed 1
Singularity University Ventures
01 Jan 2017

View All 11 Funding Rounds

Iris.ai Alternatives & Competitors

View All Alternatives
Iris.ai vs
Altilia
Altilia Italy

Intelligent Automation

Series A
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Iris.ai vs

Makers of Haystack and the deepset AI Platform. Leading the way in LLM orchestration for mission-cri...

Series B
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Iris.ai vs
Cohere
Cohere Canada

Own your AI. Empowering enterprises with private, powerful systems and builders with accessible, ope...

Series E
1179 employees
AI, Machine Learning

FAQ About Iris.ai

Connect. Orchestrate. Evaluate. Deploy. Repeat.
Iris.ai was founded in 2015.
Iris.ai is headquartered in Norway.
Iris.ai operates in AI, Information Technology and Machine Learning. Its work centres on AI Development Platform, Agentic RAG Systems, Data Orchestration and LLM Evaluation. Its customers include Manufacturing Companies, Public Sector Organizations and Telecommunications Companies.
Iris.ai has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Iris.ai has approximately 37 employees.
Iris.ai has completed 11 funding rounds, raising a total of $41.99M. The latest funding stage is Series A.
Iris.ai offers: AI Solutions for Enterprises, Agentic RAG-as-a-Service, AI Development and Operation Platform, Custom AI Agent Co-Creation, Performance Monitoring and Governance.
Top alternatives and competitors to Iris.ai include Altilia, deepset, makers of Haystack, Cohere, AI21 Labs, Mercury.ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Iris.ai and Altilia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Iris.ai, https://bouncewatch.com/company/irisai, updated 3 February 2026. When citing, please name BounceWatch and link this page.

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