Portfolio Venture

"IRIS makes us see our business on a much bigger and international scale and helps us shape the future of Exotec"

Romain Moulin and Renaud Heitz
Founders of Exotec

"IRIS clearly appeared to be the right partner, a new investor who understood Kyriba's value and what it can do for organizations"

Jean-Luc Robert
Chairman & CEO of Kyriba

"I really enjoyed my conversations with Itziar from IRIS and I thought she was the perfect fit for Red Points"

Laura Urquizu
CEO of Red Points

Jeremy Jawish, Co-founder & CEO of Shift

"IRIS has been supporting Shift since its Seed round with major business, tech, HR and international inputs"

Jeremy Jawish
Co-founder of Shift

Séraphie de Tracy, Co-founder & CEO of Cohort

"We chose IRIS for Cohort because we were looking for a VC which understands very well web3 but even more Marketing"

Séraphie de Tracy
Co-founder of Cohort

Romain Moulin and Renaud Heitz, Founders of Exotrec

About Exotec

Exotec is a global robotics company, building scalable warehouse robotic solutions that power the world’s largest brands. The company offers flexible warehouse automation to improve operational efficiency and economics.
Exotec’s signature solution, The Skypod system, utilizes robots that can reach a height of 36 feet to enable high-density inventory storage and retrieval.Exotec supports 30+ industry-leading brands spanning e-commerce, grocery, retail, manufacturing, and 3PL sectors.

To date, Exotec has secured $477M in funding from industry leading investors including Goldman Sachs, Bpifrance, 83North, Dell Technologies Capital, IRIS, 360 Capital Partners, and Breega.

Romain Moulin and Renaud Heitz
Co-Founders of Exotec

Romain started his career as CTO at BA Systemes then robotics architect at GE Healthcare where he met Renaud Heitz who was Software robotics architect at the time.

In 2015 they decided to launch a new solution based on AI to change the way warehouses are built, managed and optimized and thus disrupt the supply chain industry.

Romain and Renaud founded Exotec in Croix, in the Northern region of France where the retail industry is still heavily located, at the crossroads of Europe’s fret routes.

Julien-David Nitlech met the founding team in 2017 and led with IRIS their €15m series B round in 2018 to support the company growth across Europe, especially in Germany, and in Asia.

”As founders, having IRIS as a board member means relying on a sharp and relevant advisor who brings perpetual rigor and ambition. IRIS makes us see our business on a much bigger and international scale and helps us shape the future of Exotec.”

Exotec now offers AI-based full solutions to retailers and logistics experts that reshape supply chain and working conditions in warehouses based on best in class technology and software. Their unique robots and racks are still assembled in their Headquarters in France and shipped globally to international retail leaders in America, Asia and Europe.

About Exotec

About Kyriba

Kyriba empowers CFOs, Treasurers and their IT counterparts to transform liquidity as a dynamic, real-time vehicle for growth and value creation. Kyriba is a secure, scalable SaaS platform that leverages artificial intelligence, automates payments workflows, and enables thousands of multinational corporations and banks to maximize growth, protect against loss from fraud and financial risk and reduce operational costs.

For more than 2,500 clients worldwide, including 25% of Fortune 500 and Euro Stoxx 50 companies, Kyriba manages more than 1.3 billion bank transactions per year, and 250 million payments for a total value of $15 Trillion annually. Kyriba is headquartered in San Diego, with offices globally.

Jean-Luc Robert
Chairman & CEO of Kyriba

Jean-Luc is a repeat entrepreneur who founded, managed and successfully exited 2 companies, becoming an early SaaS expert operating between Europe and the USA.

In 2003, he relaunched Kyriba, a Paris-born software company, from San Diego to create a global Saas leader a few years later. The company that started as a finance management platform pivoted to address a strategic issue for large companies: how to manage treasury across continents.

A few years later, Curt Gunsenheimer met Jean-Luc Robert who was looking for a late-stage investor who knew as much about software and cloud than about investment and growth. Curt led with IRIS the company’s $10.6m series B round and joined the board to support the company’s global commercial and technological expansion.

“We were founded in 2003 in France as a unique treasury management SaaS before evolving to a platform. In 2010, when we searched for a new investor who understood the value of emerging cloud and what it can do for tech, marketing and organization, IRIS clearly appeared to be the right partner.”

In the meantime, Kyriba team built a state of the art tech from its R&D center located in France that is distributed to finance leaders to secure, protect, anticipate and optimize their cash position.

In 2019, Kyriba announced a majority stake operation by Bridgepoint, keeping its key investors to the board to keep supporting its global growth. The company is now a tech giant that offers a full Saas suite to treasury leaders to manage their financial resources across economic environment, competition, currencies and business lines, serving hundreds of clients globally.

About Kyriba

About Red Points

Red Points is the most widely used solution to recover digital revenue. Over 1,000 companies rely on our platform to fight counterfeits, piracy, impersonation, and distribution abuse. They leverage Red Points to take back the revenue that’s rightfully theirs.

With 300 professionals and offices in New York, Barcelona, Beijing, and Salt Lake City, Red Points has disrupted an industry traditionally led by service providers with a scalable, cost-effective solution.

Laura Urquizu
CEO of Red Points

In 2014, Laura took over a young start-up that was looking for a strong CEO and business model and turned it into a global scale-up, Red Points.

Previously, Laura was a seed investor and board member, supporting Spanish early stage startups and chose to take the role of entrepreneur at Red Points to address a key issue for global companies: how to protect their brands online and claim any revenue from related products.

Itziar met Laura in 2022 when the entrepreneur was looking for new investors to help her develop the company to new markets such as Germany and France. At the time, Laura was also registering Red Points as a B corp company and looked for an investor who would help her appoint a fully gender balanced and operational board.
Itziar led a €20m round in late 2022 and became an active board member now supporting Red Points’ growth stage -enabling also the company to reach gender parity at the Board with 3 out of 6 Board of Directors being female.

“The board is quite unique for a tech company, especially a SaaS one. I really enjoyed my conversations both with Jessica some years ago and now with Itziar from IRIS and I thought they were the perfect fit for Red Points. I am really looking forward to working with such a diverse board.”

Today, Red Points is the most widely used Revenue Recovery Platform, helping brands across many industries like fashion, electronics, sports, finance or Entertainment brands to fight against counterfeiters, pirates, and impersonators. Over 1,000 brands already rely on the scalable, cost-effective SaaS solution that automatically detects and removes intellectual property infringements online 24/7.

Red Points has disrupted an industry traditionally led by service providers through a scalable, cost-effective AI-based solution that is serving brands across all continents.

About Red Points

About Shift

Shift Technology delivers AI decisioning solutions to benefit the global insurance industry and its customers. Our products enable insurers to automate and optimize decisions from underwriting to claims, resulting in superior customer experiences, increased operational efficiency, and reduced costs. The future of insurance starts with Decisions Made Better.

Jérémy Jawish
Co-founder & CEO of Shift

In 2013, Jeremy cofounded Shift Technology with Eric Sibony and David Durrleman right out of school.
He studied Financial mathematics at Polytechnique, Paris, worked for AXA and Goldman Sachs before deciding to address a key topic for insurers, through technology : how to detect fraud using state of the art AI and Saas to an industry that so far mostly relied on experience and past data.

Julien-David Nitlech met Jeremy Jawish when he was Principal at IRIS and led the seed round for the company in 2014 and follow up investments until now, remaining a committed board member and support to the company.

“IRIS and JD have been supporting Shift since its Seed round with major business, tech, HR and internalization inputs. We are proud to count them as our investors at each round and want them by our side all the way forward“

Now Shift offers products from fraud detection to claim automation for home, health and car insurers across the globe with a team of 250 employees spread on 4 continents.

About Shift

About Cohort

Founded early 2022 by Séraphie de Tracy and Nathan Barraillé, Cohort is a Web3 SaaS solution based in France. The platform uses NFTs (Non-Fungible Token) to help brands create innovate experiences and products without any tech or large time commitment.
Launched within the 3Founders studio, Cohort has now over 15 customers in France and in the US.

Séraphie de Tracy
Co-founder & CEO of Cohort

Séraphie de Tracy
Co-founder & CEO of Cohort

Séraphie de Tracy started her career as Strategy Manager at AXA and Chief Operations Officer at Stratumn, learning about innovation in insurance and fintech before deciding to focus on Web3 and its potential for brands and internet users.
She met Nathan Baraillé, her cofounder,in 2022 at E-founders where they launched Cohort together.

The start-up offers a Web3 based marketing suite allowing global and local brands to create NFT and reinvent their loyalty programs to empowered customers without building complicated code nor imposing any wallet.

When the company was a few months old they met with Gil Doukhan who was looking at the Web3 ecosystem and especially startups with a reliable and solid business model that used the latest tech to create value not speculation.

"We chose IRIS because when we were looking for a VC, we met Gil who understands very well web3 but even more Marketing"

Gil invested in the company with IRIS when it was just 9 months old and led with IRIS its €3.2m seed round to help the start-up continue its global growth and address growing clients requests for an accessible yet unique customers’ centric marketing platform.

About Cohort

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