Irys builds an AI-native, integration-agnostic core insurance operating platform positioned as a replacement for legacy agency management systems, serving agencies, brokerages, MGAs and carriers. It unifies CRM, analytics, accounting, financials, tasks, operations, sales, client data and document management into a single real-time system rather than stitching together point solutions. The architecture uses a decentralised backend, open APIs and an agentic AI foundation, and the company markets a frictionless implementation model that avoids the traditional data migration that makes core system replacement so risky for insurance operators. Irys says it supports several leading brokerages and MGAs representing close to $1 billion in active written premium.
Funding
Irys raised a $12.5 million seed round announced on 13 October 2025, led by Markd with participation from Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures and JMG Capital. The valuation was not disclosed.